Discover Tamara Manor: Your smart investment choice! Ideal location near major employers, I5 access. 16 inviting 2-bedrooms, 2 expansive 3-bedrooms, all below market rents. Recent upgrades, 11 remodeled units, 6 vintage with loyal, long-term tenants. Achieve a 5.86% Cap rate based on actual operating data. Owner financing available. Your gateway to affordable comfort and savvy investment awaits in this upgraded 18-unit haven.
Sold for $2,500,000
Listed by: Smi Real Estate • PATRICK MULHERN • Contact: 971-707-0335
Bought with: Smi Real Estate
$2,500,000
2728 Lancaster Dr SE, Salem, OR 97317
38beds
27baths
16,912sqft
Multi Family
Built in 1970
-- sqft lot
$2,814,400 Zestimate®
$148/sqft
$1,657 Estimated rent
Home value
$2,814,400
$2.31M - $3.43M
$1,657/mo
Zestimate® history
Owner options
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$1,657/mo
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$1,657/mo
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$12,257/mo
Est. payment
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$12,257/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
PATRICK MULHERN Cell:971-707-0335,
Smi Real Estate
Bought with:
PATRICK MULHERN
Smi Real Estate
Source: WVMLS,MLS#: 812745
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 38
- Bathrooms: 27
Features
- Has fireplace: No
Interior area
- Total structure area: 16,912
- Total interior livable area: 16,912 sqft
Property
Features
- Exterior features: Beige
Lot
- Size: 0.89 Acres
Details
- Zoning: RM2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1970
Community & HOA
Location
- Region: Salem
Financial & listing details
- Price per square foot: $148/sqft
- Annual tax amount: $20,119
- Price range: $2.5M - $2.5M
- Date on market: 1/24/2024
- Listing agreement: Exclusive Right To Sell
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2024 | Sold | $2,500,000$148/sqft |
Source:  WVMLS #812745 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Southeast Mill Creek
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Nearby schools
GreatSchools rating
- 3/10Miller Elementary SchoolGrades: K-5Distance: 0.6 mi
- 1/10Houck Middle SchoolGrades: 6-8Distance: 0.9 mi
- 4/10North Salem High SchoolGrades: 9-12Distance: 3.7 mi
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Estimated market value
$2,814,400
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
$2,814,400
- Oregon
- Marion County
- Salem
- 97317
- Southeast Mill Creek
- 2728 Lancaster Dr SE
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