Seller Financing: 10% down; 4% I/O for 7 years. Excellent solid investment 6-plex in the heart of Salem. Central location. 6 units all rented on month to month. No deferred maintenance. Newer electrical, plumbing, water lines, and appliances. Roof in excellent condition. Units have ceiling fans, hardwood floors. Some units recently remodeled. The property was awarded Most Improved Property of the year in the Salem area. With a cash offer, Seller will do a 1031 Exchange. Coin-op laundry provides extra income.Annual gross income $64,920. Annual Expenses $15,432 (23% of AG) 5.2 CAP. Access to property only with an accepted offer.
Sold
$960,000
1710 Capitol St NE, Salem, OR 97301
11beds
4,800sqft
Multi Family
Built in 1930
-- sqft lot
$947,400 Zestimate®
$200/sqft
$1,604 Estimated rent
Home value
$947,400
$872,000 - $1.02M
$1,604/mo
Zestimate® history
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Roof in excellent conditionHardwood floorsCeiling fans
Zillow last checked:
Listing updated:
Listed by:
Ellen Bick 503-481-0825,
CORE, Realtors
Bought with:
OR and WA Non Rmls, NA
Non Rmls Broker
Source: RMLS (OR),MLS#: 695518904
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 7
- Full bathrooms: 7
Appliances
- Included: Range, Refrigerator, Electric Water Heater
- Laundry: Common Area
Features
- Flooring: Hardwood
- Basement: Full
Interior area
- Total structure area: 4,800
- Total interior livable area: 4,800 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 3,484 Square Feet
- Features: Level, SqFt 3000 to 4999
Details
- Parcel number: 584791
- Zoning: RM2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: All Landscaping, Laundry
- Security: Security Lights
Location
- Region: Salem
Financial & listing details
- Price per square foot: $200/sqft
- Annual tax amount: $5,713
- Date on market: 3/6/2025
- Cumulative days on market: 78 days
- Listing terms: Cash,Conventional,Owner Will Carry
- Total actual rent: 6385
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2025 | Sold | $960,000$200/sqft |
Source:  RMLS (OR) #695518904 Report a problem | ||
| 5/23/2025 | Pending sale | $960,000$200/sqft |
Source: RMLS (OR) #695518904 Report a problem | ||
| 5/7/2025 | Price change | $960,000-1.5%$200/sqft |
Source: RMLS (OR) #695518904 Report a problem | ||
| 4/22/2025 | Price change | $975,000-2.3%$203/sqft |
Source: RMLS (OR) #695518904 Report a problem | ||
| 4/12/2025 | Pending sale | $998,000$208/sqft |
Source: RMLS (OR) #695518904 Report a problem | ||
| 3/21/2025 | Price change | $998,000-9.3%$208/sqft |
Source: RMLS (OR) #695518904 Report a problem | ||
| 3/6/2025 | Listed for sale | $1,100,000$229/sqft |
Source: RMLS (OR) #695518904 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Grant
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Nearby schools
GreatSchools rating
- 6/10Grant Community SchoolGrades: K-5Distance: 0.4 mi
- 3/10Parrish Middle SchoolGrades: 6-8Distance: 0.6 mi
- 4/10North Salem High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Grant
- Middle: Parrish
- High: North Salem
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$947,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$947,400
- Oregon
- Marion County
- Salem
- 97301
- Grant
- 1710 Capitol St NE
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