Investment-ready triplex located in a prime Salem corridor with strong rental demand. The property has been well maintained, including a new roof and gutters, helping reduce near-term capital expenses. Two units are currently vacant, offering immediate upside for a buyer to place tenants at market rents and increase income. A dependable income-producing asset ideal for investors or owner-occupants. Situated directly across from 2870 Lancaster Dr NE, also available for purchase, refer to MLS#832854
For sale
Listed by: Smi Real Estate • HUNTER GRAY • Contact: 541-979-9831
$535,000
2910 Lancaster Dr NE, Salem, OR 97305
5beds
3baths
2,064sqft
Triplex
Built in 1963
-- sqft lot
$519,900 Zestimate®
$259/sqft
$-- HOA
What's special
Renovated unitsNew roof and gutters
- 380 days
- 182
- 13
Zillow last checked:
Listing updated:
Listed by:
HUNTER GRAY 541-979-9831,
Smi Real Estate,
DANIEL MCKINNEY,
Smi Real Estate
Source: WVMLS,MLS#: 832855
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Forced Air
Appliances
- Included: Electric Water Heater
- Laundry: W/D Hookup
Features
- Flooring: Carpet, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 2,064
- Total interior livable area: 2,064 sqft
Property
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 7,840 Square Feet
- Features: Landscaped
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Salem
Financial & listing details
- Price per square foot: $259/sqft
- Annual tax amount: $3,124
- Price range: $535K - $535K
- Date on market: 8/21/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$519,900
$494,000 - $546,000
$1,978/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/16/2026 | Listed for sale | $535,000-2.7%$259/sqft |
Source:  WVMLS #832855 Report a problem | ||
| 1/13/2026 | Listing removed | $550,000$266/sqft |
Source: WVMLS #832855 Report a problem | ||
| 12/15/2025 | Listed for sale | $550,000$266/sqft |
Source: WVMLS #832855 Report a problem | ||
| 10/31/2025 | Pending sale | $550,000$266/sqft |
Source: WVMLS #832855 Report a problem | ||
| 10/1/2025 | Price change | $550,000-2.7%$266/sqft |
Source: WVMLS #832855 Report a problem | ||
| 8/21/2025 | Listed for sale | $565,000$274/sqft |
Source: WVMLS #832855 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Hayesville
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