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1207 D ST Salem, OR $ 789,900
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1207 D ST
$ 789,900
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1207 D ST

Salem, OR, 97301
$ 789,900
Bedrooms4 Baths4.0 Sq 3,936

Monthly Estimate*

$ 4,988

1207 D ST, Salem, OR 97301 - Image 1
1207 D ST, Salem, OR 97301 - Image 2
1207 D ST, Salem, OR 97301 - Image 3
1207 D ST, Salem, OR 97301 - Image 4
1207 D ST, Salem, OR 97301 - Image 5
1207 D ST, Salem, OR 97301 - Image 6

Multi-Family Home for sale in Salem, OR

for $789,900 with 4 bedrooms and 4 full baths. This 3,936 square foot home was built in 1962 on a lot size of 0.3.

Turnkey 6-unit multifamily in Salem's Northeast Neighbors district — 100% occupied, fully documented financials. Several units recently refreshed (new flooring, appliances, paint); in-place rents below market with upside as leases turn. 2025 saw heavy one-time capital investment; 2026 shows strong recovery already underway. Directly across from Parrish Middle School and North Salem High School, within a mile of the Oregon State Capitol, Willamette University, Salem Hospital, and Oregon State Hospital — major, stable employment anchors.

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Multi-Family Active

Price

$ 789,900

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 4,818

Style

Lot Size

0.3

Year Built

1962

Town/City

Salem

County/Region

Marion

MLS | Web ID

605231333
Features
General
Sewer PublicSewer
Heating WallHeater
Cooling WallUnit
Roof Metal
Zoning RM2
Security Features SecurityGate
Year Built 1962
Stories Count 2
Parcel Number 587264
Gross Income 67759.0
Community Features Laundry
County Marion
Net Operating Income 35382.0
Operating Expense 32377.0
Property Type MultiFamily
HOA N
Rent Includes MaintenanceGrounds Sewer TrashCollection Water
Status Active
Directions D Street NE & Garnet St NE
High School North Salem
City Salem
Disclosures Disclosure
Number Of Units Total 6
MLS Area _174
Lot Size Square Feet 13068.0
Listing Terms Cash Conventional
Elementary School Englewood
Tax Annual Amount 4818.71
Middle/Junior High School Parrish
Property Condition Existing
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description RICHS ADDITION LOT FR S 9 ACRES 0.3
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Interior
Basement CrawlSpace
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 1
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit 3 Baths Total 1
Unit 3 Beds Total 1
Unit 4 Baths Total 1
Unit 4 Beds Total 1
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4
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Exterior
Parking Features OffStreet
Lot Features Level
Water Source PublicWater
Exterior Description CementSiding LapSiding
Foundation Details ConcretePerimeter
Building Area Total 3936.0
Lot Size Acres 0.3
Road Surface Type Paved
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Internal Only
Street Number 1 1207
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* Excluded Features
List By
Epique Realty

Broker

503-476-1020

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Affordability Calculator

$5,389
Per Month
93%
7%
0%
Monthly Principal & Interest
$4,988
Monthly Property Taxes
$402
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
1950927 Elementary School
1951177 Middle School
North Salem High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/4/2026$789,900 Listed Price

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1207 D ST, Salem, OR, 97301 is a Multi-Family Home for sale at $789,900 with 3,936 sqft and a lot size of 0.3. 1207 D ST has 4 bedrooms, 4.0 baths, and was built in 1962. The property's zip code is 97301 which is in Salem, OR

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