Looking to expand your portfolio? This is the property for you! 8 plex with larger 2 bed 1 bath units in a prime central location. All units are below market rent and financials reflect July 1 increases. 1 unit will be vacant upon sale. No showings until offer is accepted. Do not disturb tenants.Rents effective July 1:101=$925, 102=$850, 103=$900, 104=$950201=vac, 202=$925, 203=$900, 204=975
Sold for $960,000
Listed by: Smi Real Estate
Bought with: Smi Real Estate
$960,000
1961 Center St NE, Salem, OR 97301
16beds
8baths
7,400sqft
Multi Family
Built in 1956
-- sqft lot
$1,067,500 Zestimate®
$130/sqft
$1,326 Estimated rent
Home value
$1,067,500
$971,000 - $1.18M
$1,326/mo
Zestimate® history
Owner options
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$1,326/mo
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$1,326/mo
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$5,748/mo
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$5,748/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
CASEY OLIVER Cell:503-851-1441,
Smi Real Estate
Bought with:
CASEY OLIVER
Smi Real Estate
Source: WVMLS,MLS#: 805473
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 8
Dining room
- Features: Area (Combination)
Heating
- See Remarks
Appliances
- Included: Dishwasher, Disposal, Electric Range, Gas Water Heater, Refrigerator
- Laundry: Common Area
Features
- Flooring: Carpet, Wood
- Basement: Partial
- Has fireplace: No
Interior area
- Total structure area: 7,400
- Total interior livable area: 7,400 sqft
Property
Features
- Exterior features: Brown
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.29 Acres
Details
- Zoning: RM2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Roof: Tile
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Salem
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Price range: $960K - $960K
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2023 | Sold | $960,000-20%$130/sqft |
Source:  WVMLS #805473 Report a problem | ||
| 6/2/2023 | Contingent | $1,200,000$162/sqft |
Source: WVMLS #805473 Report a problem | ||
| 5/26/2023 | Listed for sale | $1,200,000-14.3%$162/sqft |
Source: WVMLS #805473 Report a problem | ||
| 6/18/2022 | Listing removed | -- |
Source: WVMLS #792026 Report a problem | ||
| 5/6/2022 | Listed for sale | $1,400,000$189/sqft |
Source: WVMLS #792026 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Northeast Neighbors
Nearby schools
GreatSchools rating
- 5/10Englewood Elementary SchoolGrades: K-5Distance: 0.4 mi
- 3/10Parrish Middle SchoolGrades: 6-8Distance: 0.6 mi
- 4/10North Salem High SchoolGrades: 9-12Distance: 0.5 mi
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Estimated market value
$1,067,500
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
$1,067,500
- Oregon
- Marion County
- Salem
- 97301
- Northeast Neighbors
- 1961 Center St NE
Nearby cities
Nearby neighborhoods
Nearby zip codes
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