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4125 4135 PORTLAND RD NE Salem, OR $ 725,000
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4125 4135 PORTLAND RD NE
$ 725,000
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4125 4135 PORTLAND RD NE

Salem, OR, 97301
$ 725,000
Bedrooms13 Baths6.0

Monthly Estimate*

$ 4,464

4125 4135 PORTLAND RD NE, Salem, OR 97301 - Image 1
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4125 4135 PORTLAND RD NE, Salem, OR 97301 - Image 8
4125 4135 PORTLAND RD NE, Salem, OR 97301 - Image 9
4125 4135 PORTLAND RD NE, Salem, OR 97301 - Image 10
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4125 4135 PORTLAND RD NE, Salem, OR 97301 - Image 16
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Multi-Family Home for sale in Salem, OR

for $725,000 with 13 bedrooms and 6 full baths. This home was built in 1950 on a lot size of 0.82.

Investment opportunity! 2 tax lots for a total of .82 acre. This Salem MU-lll mixed use zoning allows for residential, retail, offices etc. You decide upon buyer due diligence! There are currently two-2/1 duplexes, a 3/1 house & a 2/1 studio apt. The shed up front (no value) houses 1 of 2 wells, the 2nd one is in the basement of rented house. Cash only, AS-IS sale. Potential abounds! Do not disturb tenants. Drive by viewing only.

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Multi-Family Active

Price

$ 725,000

Bedrooms

13

Full Bath

6

Property Type

Multi-Family

Taxes

$ 6,116

Style

Lot Size

0.82

Year Built

1950

Town/City

Salem

County/Region

Marion

MLS | Web ID

512366581
Features
General
Sewer PublicSewer
Heating WallFurnace
Roof Composition
Zoning MU-III
Year Built 1950
Tax Year 2025
Parcel Number 525986
Gross Income 68340.0
County Marion
Net Operating Income 68340.0
Operating Expense 22106.0
Property Type MultiFamily
HOA N
Rent Includes Sewer TrashCollection
Status Active
Directions Portland Rd. NE just south of Hyacinth St. NE west side of street.
High School North Salem
City Salem
Disclosures Disclosure
Number Of Units Total 6
MLS Area _174
Lot Size Square Feet 35719.0
Listing Terms Cash
Elementary School Highland
Tax Annual Amount 6116.0
Middle/Junior High School Parrish
Virtual Tour https://lensview.aryeo.com/sites/rqlkakbx/unbranded
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description Total acres .82 Block 3
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Interior
Basement Unfinished
Unit 1 Baths Total 2
Unit 1 Beds Total 4
Unit 2 Baths Total 2
Unit 2 Beds Total 4
Unit 3 Baths Total 1
Unit 3 Beds Total 3
Unit 4 Baths Total 1
Unit 4 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4
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Exterior
Parking Features Open
Lot Features OnBusline
Water Source Well
Exterior Description WoodSiding
Lot Size Acres 0.82
Road Surface Type Gravel
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Internal Only
Street Number 1 -1
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* Excluded Features
List By
Paramount Real Estate Services

Broker

johnandsandy@paramountoregon.com

Email

Affordability Calculator

$4,974
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,464
Monthly Property Taxes
$510
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
1951144 Elementary School
1951177 Middle School
North Salem High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/23/2026$725,000 Listed Price

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4125 4135 PORTLAND RD NE, Salem, OR, 97301 is a Multi-Family Home for sale at $725,000 with a lot size of 0.82. 4125 4135 PORTLAND RD NE has 13 bedrooms, 6.0 baths, and was built in 1950. The property's zip code is 97301 which is in Salem, OR

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