Rare opportunity to own three homes on one lot! Two 1945-built one-bedroom cottages and one newly built 2-bedroom casita. 635 E was recently renovated and rent went from $575 to $1245! New 2-bedroom unit in finishing stages now. Great opportunity for first time buyers or investors! Great potential or in-law(s) to live in separate, but close home. Each unit has its own washer/dryer hookups. Each unit is separately metered for sewer, water, electric and gas! Plus, tenants have responsibility for yards.
Sold for $595,000
Listed by: Vintage Realty Northwest
Bought with: Keller Williams Capital City
$595,000
635 E St NE, Salem, OR 97301
4beds
3baths
1,906sqft
Triplex
Built in 1945
-- sqft lot
$434,900 Zestimate®
$312/sqft
$1,439 Estimated rent
Home value
$434,900
$396,000 - $478,000
$1,439/mo
Zestimate® history
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$3,563/mo
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Zillow last checked:
Listing updated:
Listed by:
KENNETH MARSHALL 541-754-7314,
Vintage Realty Northwest
Bought with:
SARAH NOELLE
Keller Williams Capital City
Source: WVMLS,MLS#: 829357
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Dining room
- Features: Area (Combination)
Heating
- Electric, Natural Gas
Appliances
- Included: Electric Range, Electric Water Heater, Refrigerator
- Laundry: W/D Hookup
Features
- Flooring: Laminate, Wood
- Has fireplace: No
Interior area
- Total structure area: 1,906
- Total interior livable area: 1,906 sqft
Property
Parking
- Parking features: Street, Street/Alley
Features
- Exterior features: Gray
- Fencing: Fenced
- Frontage length: 50
Lot
- Size: 6,500 sqft
- Dimensions: 130 x 50
Details
- Parcel number: R66788
- Zoning: RS
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Fiber Cement, Lap Siding
- Foundation: Continuous
- Roof: Composition
Condition
- New construction: No
- Year built: 1945
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Salem
HOA & financial
Other financial information
- Total actual rent: 3330
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Price range: $595K - $595K
- Listing terms: Cash,Conventional,FHA
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2025 | Sold | $595,000$312/sqft |
Source:  WVMLS #829357 Report a problem | ||
| 5/31/2025 | Contingent | $595,000$312/sqft |
Source: WVMLS #829357 Report a problem | ||
| 5/23/2025 | Listed for sale | $595,000+668.7%$312/sqft |
Source: WVMLS #829357 Report a problem | ||
| 4/23/1993 | Sold | $77,400$41/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2015 | $1,628 +3.3% | $86,580 +3% |
| 2014 | $1,575 +2.1% | $84,060 +3% |
| 2013 | $1,543 +2.5% | $81,620 +3% |
| 2012 | $1,506 +4.5% | $79,250 +3% |
| 2011 | $1,441 +4.2% | $76,950 +3% |
| 2010 | $1,382 +1.1% | $74,710 +3% |
| 2009 | $1,367 +6% | $72,540 +3% |
| 2008 | $1,290 +3.3% | $70,430 +3% |
| 2007 | $1,249 +1.7% | $68,380 +3% |
| 2006 | $1,229 +2% | $66,390 +3% |
| 2005 | $1,204 -0.5% | $64,460 +3% |
| 2004 | $1,210 | $62,590 |
Find assessor info on the county website
Neighborhood: Grant
Nearby schools
GreatSchools rating
- 6/10Grant Community SchoolGrades: K-5Distance: 0.2 mi
- 3/10Parrish Middle SchoolGrades: 6-8Distance: 0.4 mi
- 4/10North Salem High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Grant
- Middle: Parrish
- High: North Salem
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
$434,900
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
$434,900
- Oregon
- Marion County
- Salem
- 97301
- Grant
- 635 E St NE
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