174 NW STONEWAY DR Salem, OR $ 550,000
174 NW STONEWAY DR
$ 550,000
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174 NW STONEWAY DR

Salem, OR, 97304
$ 550,000
Bedrooms6 Baths6.0 Sq 2,880

Monthly Estimate*

$ 3,386

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Multi-Family Home for sale in Salem, OR

for $550,000 with 6 bedrooms and 6 full baths. This 2,880 square foot home was built in 1977 on a lot size of 0.2.

Hard to find triplex in excellent West Salem location! Each unit is similar, with two oversized bedrooms and full bathroom upstairs. A half bathroom resides on the main level adjacent to the dedicated laundry room. Each unit has their own private-fenced yard; low maintenance landscaping. Each unit Tenant-Occupied-Do Not Disturb Tenants.

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Multi-Family Active

Price

$ 550,000

Bedrooms

6

Full Bath

6

Property Type

Multi-Family

Taxes

$ 5,227

Style

Lot Size

0.2

Year Built

1977

Town/City

Salem

County/Region

Polk

MLS | Web ID

370873544

Features
General
Sewer PublicSewer
Heating ForcedAir
Roof Composition
Zoning RM2
Garage Spaces 0
Year Built 1977
Stories Count 2
Tax Year 2025
Parcel Number 365682
Gross Income 42875.0
County Polk
Net Operating Income 22320.0
Operating Expense 20555.0
Property Type MultiFamily
HOA N
Rent Includes Sewer TrashCollection Water
Status Active
Directions West on Hwy 22; North on Stoneway Dr.
High School West Salem
City Salem
Disclosures Disclosure
Number Of Units Total 3
MLS Area _168
Lot Size Square Feet 8712.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Kalapuya
Tax Annual Amount 5227.07
Middle/Junior High School Walker
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description BLK 3 LOT 4
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Interior
Basement CrawlSpace
Hot Water Electricity
Unit 1 Baths Total 2
Unit 1 Beds Total 2
Unit 2 Baths Total 2
Unit 2 Beds Total 2
Unit 3 Baths Total 2
Unit 3 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3
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Exterior
Parking Features Assigned Driveway
Water Source PublicWater
Total Parking 6.0
Exterior Description WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 2880.0
Lot Size Acres 0.2
Road Surface Type Paved
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Internal Only
Street Number 1 174
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* Excluded Features
List By
Windermere Realty Trust

Broker

jkennedy@windermere.com

Email

Affordability Calculator

$3,822
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,386
Monthly Property Taxes
$436
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
1951072 Elementary School
1949770 Middle School
West Salem High School High School
Pricing History
DatePricePrice ChangeDescription
3/20/2026$550,000 Listed Price

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174 NW STONEWAY DR, Salem, OR, 97304 is a Multi-Family Home for sale at $550,000 with 2,880 sqft and a lot size of 0.2. 174 NW STONEWAY DR has 6 bedrooms, 6.0 baths, and was built in 1977. The property's zip code is 97304 which is in Salem, OR