Sold for $793,000

Listed by: Windermere Pacific West Prop • AIMEE BAXTER • Contact: Agent: 503-580-6620

Bought with: Windermere Pacific West Prop

$793,000

6280 Cottonwood St NE, Salem, OR 97317

12beds

6baths

4,713sqft

Quadruplex

Built in 1965

-- sqft lot

$793,600 Zestimate^®

$168/sqft

$1,820 Estimated rent

Home value

$793,600

$738,000 - $857,000

$1,820/mo

Zestimate^® history

Owner options

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$1,820/mo

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$1,820/mo

Rent Zestimate^®

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$4,830/mo

Est. payment

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$4,830/mo

Est. payment

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What's special

Two separate single-family homes, plus a duplex, all on 2.25 acres. 4-unit investment opportunity, fully rented, with positive cash flow. Each unit has own separate meters. Tenants pay all utilities. Seller pays property taxes & insurance. A great return on your investment. See attached addendum in docs. Buyer to do own due diligence.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 12
Bathrooms: 6

Heating

Electric

Appliances

Included: Electric Range, Electric Water Heater

Features

Has fireplace: No

Interior area

Total structure area: 4,713
Total interior livable area: 4,713 sqft

Property

Parking

Parking features: Garage 1, Carport 1

Features

Has view: Yes
View description: Territorial

Lot

Size: 2.25 Acres
Features: Irregular Lot

Details

Additional structures: RV/Boat Storage
Zoning: AR

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex

Materials

Lap Siding
Roof: Composition

Condition

New construction: No
Year built: 1965

Utilities & green energy

Water: Well

Community & HOA

Community

Subdivision: PP 2005-91

Location

Region: Salem

Financial & listing details

Price per square foot: $168/sqft
Annual tax amount: $5,898
Price range: $793K - $793K
Date on market: 10/1/2024
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,1031 Exchange
Exclusions: Tenants' Personal Property

Price history

Date	Event	Price
3/25/2025	Sold	$793,000-13.8%$168/sqft
Source: WVMLS #822007 Report a problem
2/16/2025	Pending sale	$920,000$195/sqft
Source: WVMLS #822007 Report a problem
12/13/2024	Contingent	$920,000$195/sqft
Source: WVMLS #822007 Report a problem
12/6/2024	Listed for sale	$920,000$195/sqft
Source: WVMLS #822007 Report a problem
11/1/2024	Contingent	$920,000$195/sqft
Source: WVMLS #822007 Report a problem
10/18/2024	Price change	$920,000-3.2%$195/sqft
Source: WVMLS #822007 Report a problem
10/1/2024	Listed for sale	$950,000-10.4%$202/sqft
Source: WVMLS #822007 Report a problem
5/13/2024	Listing removed	$1,060,000$225/sqft
Source: WVMLS #813273 Report a problem
5/11/2024	Listed for sale	$1,060,000$225/sqft
Source: WVMLS #813273 Report a problem
4/28/2024	Pending sale	$1,060,000$225/sqft
Source: WVMLS #813273 Report a problem
2/23/2024	Listed for sale	$1,060,000+143.7%$225/sqft
Source: WVMLS #813273 Report a problem
3/2/2013	Listing removed	$435,000$92/sqft
Source: John L Scott Real Estate #12150888 Report a problem
2/18/2013	Listed for sale	$435,000$92/sqft
Source: John L Scott Real Estate #12150888 Report a problem