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About the Listing 1559 - 16822
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 — majo
Listing Highlights
Status
Active
Days on Site
47
Property Type
Multi-Family
MLS ®
844274
Year Built
1962
Total Square Footage
3,936
Lot/Acreage
0.3
County
Marion
Area
20 CENTRAL SALEM
Elementary School
Englewood
Middle School
Parrish
High School
North Salem
Interior Details
- Bedrooms: 6
- Bathrooms: 6 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof: Metal or Aluminum
- Others: Fiber Cement,Lap
- Sewer: City
Financial Details
- Tax Amount: $4,818
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
1207 D St NE Salem, OR 97301
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