Skip main navigation
For sale
    • Listed by: Smi Real Estate • HUNTER GRAY • Contact: 541-979-9831
    $565,000

    2880 Lancaster Dr NE, Salem, OR 97305

    6beds
    3baths
    2,208sqft
    : 
    $3,923/mo
    Get pre-qualified
    Triplex
    Built in 1954
    -- sqft lot
    $563,700 Zestimate®
    $256/sqft
    $-- HOA

    What's special

    See this well-maintained triplex in a highly accessible Salem location with recent capital improvements including a new roof and gutters. Each unit offers strong rental appeal with convenient access to shopping, public transit, and major employers. An excellent opportunity for owner-occupants or investors seeking a stable addition to their portfolio. Located directly across the street from 2910 Lancaster Dr NE, also available for purchase, refer to MLS#832855
    341 days
    |
    113
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    HUNTER GRAY 541-979-9831,

    Smi Real Estate,

    DANIEL MCKINNEY,

    Smi Real Estate

    Source: WVMLS,MLS#: 832854MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      Heating
      • Natural Gas, Forced Air
      Appliances
      • Included: Electric Water Heater, Gas Water Heater
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 2,208
      • Total interior livable area: 2,208 sqft

      Property

      Features
      • Fencing: Fenced
      • Has view: Yes
      • View description: Territorial
      Lot
      • Size: 7,840 Square Feet
      Details
      • Parcel number: 553568

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex
      Materials
      • Composite
      Condition
      • New construction: No
      • Year built: 1954

      Utilities & green energy

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

      Community & HOA

      Location
      • Region: Salem

      Financial & listing details

      • Price per square foot: $256/sqft
      • Tax assessed value: $329,850
      • Annual tax amount: $3,187
      • Price range: $565K - $565K
      • Date on market: 8/21/2025
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Total actual rent: 3345

        Estimated market value

        $563,700

        $536,000 - $592,000

        $1,884/mo

        Price history

        DateEventPrice
        5/7/2026Listed for sale$565,000$256/sqft
        Source: WVMLS #832854 Report a problem
        5/4/2026Contingent$565,000$256/sqft
        Source: WVMLS #832854 Report a problem
        2/16/2026Listed for sale$565,000-2.6%$256/sqft
        Source: WVMLS #832854 Report a problem
        1/13/2026Listing removed$580,000$263/sqft
        Source: WVMLS #832854 Report a problem
        10/2/2025Price change$580,000-2.5%$263/sqft
        Source: WVMLS #832854 Report a problem
        8/21/2025Listed for sale$595,000+70%$269/sqft
        Source: WVMLS #832854 Report a problem
        11/18/2021Sold$350,000$159/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,306 +3.7%$182,130 +3%
        2024$3,188 +5.8%$176,830 +6.1%
        2023$3,014 +2.6%$166,680
        2022$2,937 +0.9%$166,680 +3%
        2021$2,911 +6%$161,830 +6.1%
        2020$2,745 -0.7%$152,550
        2019$2,765 +1.7%--
        2018$2,719 --
        2017$2,719 +36.9%--
        2016$1,986 --
        2015$1,986 +2.6%--
        2014$1,935 +18.3%--
        2013$1,636 --
        2012$1,636 -9.3%--
        2011$1,804 -1.3%$132,000 +2.2%
        2010$1,827 -0.8%$129,140
        2009$1,842 +2.9%$129,140 +3%
        2008$1,789 +4.1%$125,380
        2007$1,718 +2.3%--
        2006$1,679 +5.1%--
        2005$1,598 -3.6%--
        2004$1,658 +5.8%--
        2003$1,567 +2.9%--
        2002$1,524 +2.5%--
        2001$1,486 +3.7%--
        2000$1,433 --
        Find assessor info on the county website

        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

        Climate risks

        Neighborhood: Hayesville

        Getting around

        80 / 100
        Very Walkable
        39 / 100
        Some Transit
        65 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

              Nearby cities

              Nearby neighborhoods

              Nearby zip codes

              Other Salem Topics

                Search
                Updates
                Favorites
                Plan
                Inbox