1425 TRADE ST SE Salem, OR97301

$485,000
6 total units
1 total bedrooms
1 total bathrooms
$50,400 annual income
Capitilization Rate: 6.94
550 total sq. ft
7,000 to 9,999 SqFt
Elementary School: Bush
Middle School: Leslie
High School: South Salem
Zoning: RM2
1196 days on market

VestorFilter™

Price per unit$80.8K/unit
Price per ft²$881.82/ft²
Price per acre$2.95M/ac
Price per bedroom$485K/bed
Time on market1196 days
Smart Fixer ListYes
1425 TRADE ST SE (1 of 3)

Property Description

Estate Sale: CASH ONLY, Six unit apartment building. In 2009, upgraded kitchens, carpet and flooring. Needs work. Shared fenced yard. Walking distance to, dining, down town, shopping, local transit. Please do not disturb tenants. Perfect for University Students.

{{ compliance-logo }}Listing Provided By Pete Anderson Realty Assoc,Inc

Financial Data

Date Sold2021-06-02
Sold Price$485,000
Price ChangeIncreased $435,000 on 06/03/2021
Total $140,000 drop
Original Price$625,000
Current Price$485,000
Property Taxes$3,802

Find On Map

Home Facts

StatusSold
Year Built1946
Exterior Features
MLS ID21070654

Unit Details

Unit 1
Reset