664 THOMPSON AVE Salem, OR $ 650,000
664 THOMPSON AVE
$ 650,000
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664 THOMPSON AVE

Salem, OR, 97301
$ 650,000
Bedrooms8 Baths4.0 Sq 3,744

Monthly Estimate*

$ 4,002

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Multi-Family Home for sale in Salem, OR

for $650,000 with 8 bedrooms and 4 full baths. This 3,744 square foot home was built in 1966 on a lot size of 0.13.

Fantastic Income Opportunity! Don’t miss this well-maintained 4-plex featuring four 2-bedroom, 1-bath units, perfect for investors or owner-occupants! Three units are currently tenant-occupied, and the fourth is owner-occupied, offering immediate income potential. Each spacious unit includes a comfortable living room, dining area, and a well-equipped kitchen with all appliances and lots of cupboard space. Bedrooms are nicely sized, and the bathrooms feature a convenient tub/shower combo. Enjoy off-street parking, a fenced front yard area, and a shared coin-operated community laundry room for added convenience. Ideally located just minutes from a wide variety of restaurants, shopping, and neighborhood parks, this property combines comfort, convenience, and excellent investment value!

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Multi-Family Active

Price

$ 650,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 4,847

Style

Lot Size

0.13

Year Built

1966

Town/City

Salem

County/Region

Marion

MLS | Web ID

728481833

Features
General
Sewer PublicSewer
Heating Baseboard
Roof Composition
Zoning RM2
Garage Spaces 0
Year Built 1966
Stories Count 2
Tax Year 2024
Parcel Number 567559
Gross Income 0
County Marion
Net Operating Income 0
Operating Expense 0
Property Type MultiFamily
HOA N
Rent Includes None
Status Active
Directions Hawthorne Ave SE L on Center St NE R on Thompson Ave NE
High School North Salem
City Salem
Disclosures Disclosure
Number Of Units Total 4
MLS Area _176
Lot Size Square Feet 5662.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Other
Tax Annual Amount 4847.89
Middle/Junior High School Parrish
Property Condition Existing
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description BURLINGTON ADD SALEM RE-SUB BLKS 7 & 8 LOT 5 BLK 7
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Exterior
Parking Features OffStreet
Lot Features Level
Water Source PublicWater
Exterior Description Other
Building Area Total 3744.0
Lot Size Acres 0.13
Road Surface Type Paved
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Interior
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit 3 Baths Total 1
Unit 3 Beds Total 2
Unit 4 Baths Total 1
Unit 4 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4
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Internal Only
Street Number 1 664
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* Excluded Features
List By
Keller Williams Pdx Central

Broker

sold@westonepros.com

Email

Affordability Calculator

$4,406
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,002
Monthly Property Taxes
$404
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4478658 Elementary School
1951177 Middle School
North Salem High School High School
Pricing History
DatePricePrice ChangeDescription
10/24/2025$650,000 Listed Price

Map


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664 THOMPSON AVE, Salem, OR, 97301 is a Multi-Family Home for sale at $650,000 with 3,744 sqft and a lot size of 0.13. 664 THOMPSON AVE has 8 bedrooms, 4.0 baths, and was built in 1966. The property's zip code is 97301 which is in Salem, OR