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
For sale
Listed by: Epique Realty • BENJAMIN NELSON • Contact: Cell: 503-476-1020
$789,900
1207 D St NE, Salem, OR 97301
6beds
6baths
3,936sqft
Multi Family
Built in 1962
-- sqft lot
$778,300 Zestimate®
$201/sqft
$-- HOA
What's special
New flooringSeveral units recently refreshed
- 65 days
- 309
- 18
Zillow last checked:
Listing updated:
Listed by:
BENJAMIN NELSON Cell:503-476-1020,
Epique Realty
Source: WVMLS,MLS#: 844274
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Features
- Has fireplace: No
Interior area
- Total structure area: 3,936
- Total interior livable area: 3,936 sqft
Property
Lot
- Size: 0.3 Acres
Details
- Zoning: RM2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Fiber Cement, Lap Siding
- Roof: Metal or Aluminum
Condition
- New construction: No
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Location
- Region: Salem
Financial & listing details
- Price per square foot: $201/sqft
- Annual tax amount: $4,818
- Price range: $789.9K - $789.9K
- Date on market: 8/5/2026
- Listing agreement: Exclusive Right To Sell
- Total actual rent: 4187
Estimated market value
$778,300
$739,000 - $817,000
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2026 | Listed for sale | $789,900-3.7%$201/sqft |
Source:  RMLS (OR) #605231333 Report a problem | ||
| 1/3/2024 | Sold | $820,000-3.5%$208/sqft |
Source: RMLS (OR) #23563538 Report a problem | ||
| 11/2/2023 | Pending sale | $850,000$216/sqft |
Source: RMLS (OR) #23563538 Report a problem | ||
| 10/2/2023 | Price change | $850,000-2.9%$216/sqft |
Source: RMLS (OR) #23563538 Report a problem | ||
| 8/28/2023 | Price change | $875,000-2.8%$222/sqft |
Source: RMLS (OR) #23563538 Report a problem | ||
| 8/1/2023 | Listed for sale | $900,000+45.2%$229/sqft |
Source: RMLS (OR) #23563538 Report a problem | ||
| 9/30/2020 | Sold | $620,000$158/sqft |
Source: RMLS (OR) #20611721 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Northeast Neighbors
Nearby schools
Schools provided by the listing agent
- Elementary: Englewood
- Middle: Parrish
- High: North Salem
Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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