House hack 101 alert! 1 Unit left unrented for owner occupant financing potential! Live in one of the units allows for 5% down payment opportunity! Great way to build your asset equity over time! Or buy as an investment with an estimated CAP of 8.36% using potential $6400 a month in total rents ($1600 per unit). “Big ticket” updates done makes for huge value on this one! ALL units painted inside and out, ALL new flooring, baths redone, lighting, and exterior paint for a clean look!
Sold for $814,000
Listed by: Homesmart Realty Group • SHAREEF HAGAG • Contact: 503-510-2607
Bought with: Pellego Llc
$814,000
4434 Lancaster Dr NE, Salem, OR 97305
8beds
4baths
3,591sqft
Quadruplex
Built in 1964
-- sqft lot
$807,400 Zestimate®
$227/sqft
$1,714 Estimated rent
Home value
$807,400
$751,000 - $872,000
$1,714/mo
Zestimate® history
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$4,986/mo
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Zillow last checked:
Listing updated:
Listed by:
SHAREEF HAGAG Agent:503-510-2607,
Homesmart Realty Group
Bought with:
NICHOLAS BRADLEY
Pellego Llc
Source: WVMLS,MLS#: 834211
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Baseboard
Appliances
- Included: Built-In Range, Gas Water Heater
- Laundry: Common Area
Features
- Flooring: Laminate
- Has fireplace: No
Interior area
- Total structure area: 3,591
- Total interior livable area: 3,591 sqft
Property
Features
- Fencing: Fenced
Lot
- Size: 0.31 Acres
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Foundation: Continuous
- Roof: Shake
Condition
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Salem
Financial & listing details
- Price per square foot: $227/sqft
- Annual tax amount: $4,731
- Price range: $814K - $814K
- Date on market: 10/2/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,VA Loan,FHA,ODVA
- Total actual rent: 6400
Price history
| Date | Event | Price |
|---|---|---|
| 11/10/2025 | Sold | $814,000+1.8%$227/sqft |
Source:  WVMLS #834211 Report a problem | ||
| 10/11/2025 | Contingent | $799,900$223/sqft |
Source: WVMLS #834211 Report a problem | ||
| 10/2/2025 | Listed for sale | $799,900+10.3%$223/sqft |
Source: WVMLS #834211 Report a problem | ||
| 12/11/2024 | Listing removed | $725,000$202/sqft |
Source: WVMLS #814071 Report a problem | ||
| 10/16/2024 | Listed for sale | $725,000$202/sqft |
Source: WVMLS #814071 Report a problem | ||
| 10/1/2024 | Contingent | $725,000$202/sqft |
Source: WVMLS #814071 Report a problem | ||
| 7/26/2024 | Price change | $725,000-3.3%$202/sqft |
Source: WVMLS #814071 Report a problem | ||
| 3/8/2024 | Listed for sale | $749,900+25%$209/sqft |
Source: WVMLS #814071 Report a problem | ||
| 4/8/2022 | Contingent | $599,900$167/sqft |
Source: WVMLS #790618 Report a problem | ||
| 4/7/2022 | Listed for sale | $599,900$167/sqft |
Source: WVMLS #790618 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Hayesville
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Nearby schools
GreatSchools rating
- 2/10Hayesville Elementary SchoolGrades: K-5Distance: 0.5 mi
- 2/10Stephens Middle SchoolGrades: 6-8Distance: 1.2 mi
- 2/10McKay High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Hayesville
- Middle: Adam Stephens
- High: McKay
Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$807,400
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
$807,400
- Oregon
- Marion County
- Salem
- 97305
- Hayesville
- 4434 Lancaster Dr NE
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