1015 38TH AVESalem, OR97301
$629,900
4 total units
$51,036 annual income
3795 sq. ft
SqFt7000to9999
Elementary School: Hoover
Middle School: Parrish
High School: North Salem
Zoning: RM
613 days on market
VestorFilter™
Price per unit$157.5K/unit
Price per ft²$165.98/ft²
Recent price drop$4,800
Time on market613 days
Property Description
Great value on this 4 plex located short distance to Willamette Town Center, bus service and I-5! These well maintained units have had low turnover, low vacancy & are professionally managed by NW Pacific Property Management. There are one 3 bedroom, one 2 bedroom, and two 1 bedroom units. Gross monthly rents are $4,253; potential to significantly raise the rents. 4 plex has new exterior paint, many updated windows & great rental history. Long term owner
{{ compliance-logo }}Listing Provided By Coldwell Banker Mountain West
Financial Data
Date Sold2023-08-28
Sold Price$620,000
Price ChangeDropped $4,800 on 08/29/2023
Total $5,100 drop
Total $5,100 drop
Original Price$635,000
Current Price$629,900
Property Taxes$3,726
Find On Map
Home Facts
StatusSold
Year Built1950
Exterior Features
MLS ID22018170
Unit Details
Unit 1
Unit 2
Unit 3
Unit 4
