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2522 SIMPSON ST Salem, OR $ 925,000
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2522 SIMPSON ST
$ 925,000
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2522 SIMPSON ST

Salem, OR, 97301
$ 925,000
Bedrooms1 Baths1.0 Sq 4,202

Monthly Estimate*

$ 5,695

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Multi-Family Home for sale in Salem, OR

for $925,000 with 1 bedroom and 1 full bath. This 4,202 square foot home was built in 1971 on a lot size of 0.3.

Well located 8 unit garden-style apartment complex in SE Salem consisting of all 1 bed / 1 bath units built in 1971. The property total approximately 4,160 RSF on a 0.30 acre site and features 11 surface parking spaces, common laundry and patios. Attractive price per unit with strong in-place income. Member of selling entity is a Licensed Real Estate Broker in the State of Oregon.

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Multi-Family Active

Price

$ 925,000

Bedrooms

1

Full Bath

1

Property Type

Multi-Family

Taxes

$ 8,108

Style

Lot Size

0.3

Year Built

1971

Town/City

Salem

County/Region

Marion

MLS | Web ID

153901432
Features
General
Sewer PublicSewer
Heating Other
Cooling None
Zoning RM2
Year Built 1971
Stories Count 1
Tax Year 2025
Parcel Number 590333
Gross Income 0
County Marion
Net Operating Income 0
Operating Expense 0
Property Type MultiFamily
HOA N
Rent Includes None
Status Active
Directions between Mission and State on 25th
High School South Salem
City Salem
Number Of Units Total 8
MLS Area _174
Lot Size Square Feet 13068.0
Listing Terms Cash Conventional
Elementary School Richmond
Tax Annual Amount 8108.27
Middle/Junior High School Leslie
Property Condition Approximately
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SIMPSONS ADDITION AMENDED PLAN BLOCK D BLOCK D LOT 6 7 & FR 8
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Exterior
Water Source PublicWater
Total Parking 11.0
Exterior Description Other
Building Area Total 4202.0
Lot Size Acres 0.3
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Interior
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 1
Unit Type UnitTypeType1
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Internal Only
Street Number 1 2522
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* Excluded Features
List By
Smi Commercial Real Estate Llc

Broker

eric@smire.com

Email

Affordability Calculator

$6,371
Per Month
89%
11%
0%
Monthly Principal & Interest
$5,695
Monthly Property Taxes
$676
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
3804777 Elementary School
1950766 Middle School
South Salem High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/21/2026$925,000 Listed Price

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2522 SIMPSON ST, Salem, OR, 97301 is a Multi-Family Home for sale at $925,000 with 4,202 sqft and a lot size of 0.3. 2522 SIMPSON ST has 1 bedrooms, 1.0 baths, and was built in 1971. The property's zip code is 97301 which is in Salem, OR

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