Multiunit investment opportunity! This townhouse-style fourplex is tucked along a tree-lined street in South Salem by Pringle Creek. Spacious, well-maintained units each offer 2 bedrooms, 1.5 bathrooms, washer/dryer hookups, a private deck, and an attached single-car garage. Low-maintenance landscaping, ample parking, a strong rental history, and low vacancy make this an outstanding investment. New roof in 2020. Two units are below market rent, offering excellent upside potential.
Active
Price cut: $15K (8/29)
$799,900
1725 Salishan St SE, Salem, OR 97302
8beds
4,336sqft
Multi Family
Built in 1976
-- sqft lot
$-- Zestimate®
$184/sqft
$-- HOA
What's special
Ample parkingTree-lined streetSpacious well-maintained unitsAttached single-car garagePrivate deckLow-maintenance landscaping
- 15 days
- 280
- 13
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Brian Smith 503-551-8510,
HomeSmart Realty Group
Source: RMLS (OR),MLS#: 677730878
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 4
- Partial bathrooms: 4
Heating
- Mini Split, Zoned
Features
- Basement: Crawl Space
Interior area
- Total structure area: 4,336
- Total interior livable area: 4,336 sqft
Property
Parking
- Parking features: Attached, Garage
- Has garage: Yes
Features
- Stories: 2
- Has view: Yes
- View description: Creek/Stream
- Has water view: Yes
- Water view: Creek/Stream
- Waterfront features: Stream
Lot
- Size: 0.29 Acres
- Features: Level, SqFt 10000 to 14999
Details
- Parcel number: 580382
- Zoning: RM2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- T111 Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Approximately
- Year built: 1976
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Salem
Financial & listing details
- Price per square foot: $184/sqft
- Annual tax amount: $6,982
- Date on market: 8/21/2026
- Listing terms: Cash,Conventional,FHA,State GI Loan,VA Loan
- Total actual rent: 5855
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2026 | Price change | $799,900-1.8%$184/sqft |
Source:  RMLS (OR) #677730878 Report a problem | ||
| 8/22/2026 | Listed for sale | $814,900+39.3%$188/sqft |
Source: RMLS (OR) #677730878 Report a problem | ||
| 6/18/2021 | Sold | $585,000$135/sqft |
Source: RMLS (OR) #21573477 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Morningside
Nearby schools
Schools provided by the listing agent
- Elementary: Morningside
- Middle: Leslie
- High: South 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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