Sold for $1,295,000

Listed by: Homesmart Realty Group • MICHAEL LOWERY • Contact: Cell: 503-580-3090

Bought with: Smi Real Estate

$1,295,000

345 Norway St NE, Salem, OR 97301

16beds

10baths

7,600sqft

Quadruplex

Built in 2008

-- sqft lot

$1,286,900 Zestimate^®

$170/sqft

$2,103 Estimated rent

Home value

$1,286,900

$1.20M - $1.39M

$2,103/mo

Zestimate^® history

Owner options

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$2,103/mo

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$2,103/mo

Rent Zestimate^®

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$8,185/mo

Est. payment

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$8,185/mo

Est. payment

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What's special

Rare build - 7,600 sq ft 4-plex - 4bed/2.5bath 1,900 st ft per unit! Tenants pay W/S/G. Seller will carry w/ significant down payment.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 16
Bathrooms: 10

Dining room

Features: Area (Combination)

Heating

Natural Gas, Electric, Forced Air

Appliances

Included: Dishwasher, Disposal, Built-In Range, Gas Range, Microwave, Range Included, Gas Water Heater, Refrigerator
Laundry: W/D Hookup

Features

Flooring: Carpet, Laminate, Vinyl
Has fireplace: No

Interior area

Total structure area: 7,600
Total interior livable area: 7,600 sqft

Property

Parking

Parking features: 1-Car Garage & Driveway/2

Features

Patio & porch: Patio
Exterior features: Beige
Fencing: Partial
Has view: Yes
View description: Territorial

Lot

Size: 0.25 Acres
Features: Dimension Above, Irrigation System

Details

Zoning: RM2

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex

Materials

Fiber Cement, Lap Siding
Foundation: Continuous
Roof: Composition

Condition

New construction: No
Year built: 2008

Utilities & green energy

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

Community & HOA

Community

Subdivision: NORTH SALEM WITH ADDITION

HOA

Has HOA: No

Location

Region: Salem

Financial & listing details

Price per square foot: $170/sqft
Annual tax amount: $14,501
Price range: $1.3M - $1.3M
Date on market: 5/5/2025
Listing agreement: Exclusive Right To Sell
Listing terms: Land Sales Contract,First Trust Deed,Second Trust Deed,Cash,Conventional
Total actual rent: 9640

Price history

Date	Event	Price
9/16/2026	Listing removed	$2,295
Source: Zillow Rentals Report a problem
8/20/2026	Price change	$2,295-8%
Source: Zillow Rentals Report a problem
7/10/2026	Price change	$2,495-3.9%
Source: Zillow Rentals Report a problem
6/5/2026	Listed for rent	$2,595
Source: Zillow Rentals Report a problem
2/23/2026	Sold	$1,295,000-0.4%$170/sqft
Source: WVMLS #828506 Report a problem
11/3/2025	Pending sale	$1,300,000$171/sqft
Source: WVMLS #828506 Report a problem
11/1/2025	Listing removed	$1,300,000$171/sqft
Source: WVMLS #828506 Report a problem
10/9/2025	Contingent	$1,300,000$171/sqft
Source: WVMLS #828506 Report a problem
7/2/2025	Listed for sale	$1,300,000$171/sqft
Source: WVMLS #828506 Report a problem
6/10/2025	Contingent	$1,300,000$171/sqft
Source: WVMLS #828506 Report a problem
5/28/2025	Price change	$1,300,000+4%$171/sqft
Source: WVMLS #828506 Report a problem
5/5/2025	Pending sale	$1,250,000$164/sqft
Source: WVMLS #828506 Report a problem