For sale

Listed by: Stellar Realty Northwest • KATY ROSECRANS • Contact: 541-905-1962

$1,100,000

2005 Summer St SE, Salem, OR 97302

8beds

6baths

5,784sqft

Get pre-qualified

Multi Family

Built in 1972

-- sqft lot

$1,047,600 Zestimate^®

$190/sqft

$-- HOA

What's special

Remodeled and renovated 5 plex in SE Salem, 6th unit (1 bed/1 bath) is almost finished, projected at $1300 rent. The other 5 units are all all leased. Very affordable taxes and upkeep. Parking is carport and driveway.

19 days

249

10

Loading...

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 6

Dining room

Features: Area (Combination)

Heating

Electric, Ductless/Mini-Split

Appliances

Included: Dishwasher, Disposal, Electric Range, Range Included, Electric Water Heater, Refrigerator
Laundry: W/D Hookup

Features

Flooring: Vinyl
Has fireplace: No

Interior area

Total structure area: 5,784
Total interior livable area: 5,784 sqft

Property

Features

Patio & porch: Patio
Exterior features: Grey
Has view: Yes
View description: Territorial

Lot

Size: 9,000 Square Feet
Features: Dimension Above, Landscaped

Details

Zoning: RM2

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Fiber Cement
Foundation: Continuous, Slab
Roof: Metal or Aluminum

Condition

New construction: No
Year built: 1972

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Water Connected

Community & HOA

Community

Subdivision: Nob Hill Annex

HOA

Has HOA: No

Location

Region: Salem

Financial & listing details

Price per square foot: $190/sqft
Annual tax amount: $5,754
Price range: $1.1M - $1.1M
Date on market: 6/15/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Inclusions: ranges, refrigerators
Exclusions: tenants' personal property
Total actual rent: 6695

Estimated market value

$1,047,600

$995,000 - $1.10M

$1,342/mo

Price history

Date	Event	Price
6/15/2026	Listed for sale	$1,100,000$190/sqft
Source: WVMLS #842264 Report a problem
6/15/2026	Listing removed	$1,100,000$190/sqft
Source: WVMLS #840369 Report a problem
4/30/2026	Listed for sale	$1,100,000$190/sqft
Source: WVMLS #840369 Report a problem
3/22/2026	Listing removed	$1,100,000$190/sqft
Source: WVMLS #831985 Report a problem
12/29/2025	Contingent	$1,100,000$190/sqft
Source: WVMLS #831985 Report a problem
7/28/2025	Listed for sale	$1,100,000$190/sqft
Source: WVMLS #831985 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified