771 21st St SE SE Active Save Request In-Person Tour Request Virtual Tour
Salem,OR 97301
Key Details
Property Type Multi-Family
Sub Type 4-Plex
Listing Status Active
Purchase Type For Sale
Square Footage 2,282 sqft
Price per Sqft $262
Subdivision J Meyers Add To Salem
MLS Listing ID 832217
Bedrooms 4
Year Built 1925
Annual Tax Amount $3,376
Tax Year 2024
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type 4-Plex
Property Description
4 plex investor opportunity in central Salem with potential to assume FHA mortgage at 2.75%! This detached 4-plex offers four 1-bedroom, 1-bath units—each with its own private entrance, electric meter, and water heater. The original home was extensively remodeled and partially rebuilt in 1990–91, blending character with modern updates.Recent improvements include a newer roof (approx. 5–10 years old), updated water heaters, new flooring, and ongoing maintenance that shows pride of ownership.
Location
State OR
County Marion
Area 20 Central Salem
Interior
Hot Water Electric
Heating Wall Furnace
Flooring Luxury Vinyl Plank
Laundry Laundry Center
Exterior
Fence Yes
Roof Type Composition
Building
Sewer City
Water City
New Construction No
Schools
Elementary Schools Richmond
Middle Schools Leslie
High Schools South Salem
Others
Acceptable Financing FHA,Federal VA,Cash,Assume Present Financing,Conventional
Listing Terms FHA,Federal VA,Cash,Assume Present Financing,Conventional