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241 NW 25TH ST Salem, OR $ 950,000
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$ 950,000 Get more info
241 NW 25TH ST
$ 950,000
Back to search
Share Save

241 NW 25TH ST

Salem, OR, 97301
$ 950,000
Bedrooms14 Baths8.0 Sq 4,292

Monthly Estimate*

$ 5,927

241 NW 25TH ST, Salem, OR 97301 - Image 1
241 NW 25TH ST, Salem, OR 97301 - Image 2
241 NW 25TH ST, Salem, OR 97301 - Image 3
241 NW 25TH ST, Salem, OR 97301 - Image 4
241 NW 25TH ST, Salem, OR 97301 - Image 5
241 NW 25TH ST, Salem, OR 97301 - Image 6
241 NW 25TH ST, Salem, OR 97301 - Image 7
241 NW 25TH ST, Salem, OR 97301 - Image 8

Multi-Family Home for sale in Salem, OR

for $950,000 with 14 bedrooms and 8 full baths. This 4,292 square foot home was built in 1996 on a lot size of 0.21.

Worth another look! Updated price reflects brand new exterior paint, fencing & repairs-this is a true turnkey 4-unit investment. One 4-bed unit is vacant, ideal for owner-occupant or renting at market rate. Purpose-built with 14 beds, 8 baths total, newer roof, fiber cement siding, on-site laundry & ample parking. Low-maint, low-expense property in a convenient location with great cash flow & market upside. Rare unit mix: (3) 4-bed + (1) 2-bed. Separate electrical meters. More info available-call today!

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Multi-Family Active

Price

$ 950,000

Bedrooms

14

Full Bath

8

Property Type

Multi-Family

Taxes

$ 8,347

Style

Lot Size

0.21

Year Built

1996

Town/City

Salem

County/Region

Marion

MLS | Web ID

254623360
Features
General
Sewer PublicSewer
Heating WallHeater
Roof Composition
Zoning RM
Year Built 1996
Stories Count 1
Tax Year 2024
Parcel Number 571801
Gross Income 76524.0
Community Features Laundry
County Marion
Net Operating Income 53000.0
Operating Expense 23524.0
Property Type MultiFamily
HOA N
Rent Includes MaintenanceGrounds Sewer TrashCollection Water
Status Active
Directions Turn left on State Street
High School South Salem
City Salem
Number Of Units Total 4
MLS Area _176
Lot Size Square Feet 9147.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Other
Tax Annual Amount 8347.95
Middle/Junior High School Other
Property Condition Existing
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description EAST SIDE ADD SALEM LOT 12
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Exterior
Parking Features OffStreet Paved
Water Source PublicWater
Total Parking 12.0
Exterior Description CementSiding LapSiding
Building Area Total 4292.0
Lot Size Acres 0.21
Road Surface Type Paved
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Interior
Hot Water Electricity
Unit 1 Baths Total 2
Unit 1 Beds Total 4
Unit 2 Baths Total 2
Unit 2 Beds Total 4
Unit 3 Baths Total 2
Unit 3 Beds Total 4
Unit 4 Baths Total 2
Unit 4 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4
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Internal Only
Street Number 1 241
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* Excluded Features
List By
Keller Williams Realty Mid-Willamette

Broker

suelong@kw.com

Email

Affordability Calculator

$6,622
Per Month
89%
11%
0%
Monthly Principal & Interest
$5,927
Monthly Property Taxes
$696
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4563806 Elementary School
1950092 Middle School
South Salem High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/21/2025$925,000 Listed Price

Map

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241 NW 25TH ST, Salem, OR, 97301 is a Multi-Family Home for sale at $950,000 with 4,292 sqft and a lot size of 0.21. 241 NW 25TH ST has 14 bedrooms, 8.0 baths, and was built in 1996. The property's zip code is 97301 which is in Salem, OR

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