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Off market
    • $527,700

    797 25th St SE, Salem, OR 97301

    6beds
    3,014sqft
    MultiFamily
    Built in 1926
    -- sqft lot
    $527,700 Zestimate®
    $175/sqft
    $1,448 Estimated rent

    Home value

    $527,700

    $485,000 - $570,000

    $1,448/mo

    Zestimate® history
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    Owner options

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    $1,448/mo

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    $1,448/mo

    Rent Zestimate®

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    $3,213/mo

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    $3,213/mo

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    What's special

    Great investment property!! Large 4-plex with paved off-street parking, extra storage shed and good rental history. Three units located in main building, with one detached unit at back of lot. Central location near downtown and public transportation. Owner pays water/sewer and garbage bill. Currently performing with great return and proforma using increased and reasonable market rents shows a 7.5% Cap. Great investment opportunity.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Forced air, Gas
    Appliances
    • Included: Dryer, Refrigerator, Washer
    Features
    • Window Coverings, Refrigerator, Range, Washer/Dryer, Washer/Dryer Hookup
    • Windows: Window Coverings
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 3,014 sqft

    Property

    Parking
    • Total spaces: 8
    • Details: Assigned, Paved
    Features
    • Exterior features: Other
    Lot
    • Size: 9,997 Square Feet
    Details
    • Parcel number: 590346
    • Zoning: RM2

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1926
    • Major remodel year: 1926

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Water Available, Sewer Available, Trash Collection

    Community & HOA

    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $175/sqft
    • Tax assessed value: $491,660
    • Annual tax amount: $4,037

    Price history

    DateEventPrice
    9/11/2019Sold$355,000-8.7%$118/sqft
    Source: RMLS (OR) #19512600 Report a problem
    5/15/2019Pending sale$389,000$129/sqft
    Source: Legacy Real Estate #19512600 Report a problem
    1/31/2019Price change$389,000+1%$129/sqft
    Source: Legacy Real Estate #19512600 Report a problem
    1/18/2019Listed for sale$385,000+102.6%$128/sqft
    Source: LEGACY REAL ESTATE #743613 Report a problem
    9/25/2001Sold$190,000$63/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,037 +7.8%$196,490 +3%
    2024$3,746 +3%$190,770 +6.1%
    2023$3,635 +2.9%$179,830
    2022$3,534 +2.9%$179,830 +3%
    2021$3,433 +3%$174,600 +6.1%
    2020$3,333 +3.6%$164,590
    2019$3,216 +1.3%--
    2018$3,174 --
    2017$3,174 +16.3%--
    2016$2,729 --
    2015$2,729 +2.6%--
    2014$2,661 +4.6%--
    2013$2,544 --
    2012$2,544 +4.5%--
    2011$2,434 +4.2%$129,970 +6.1%
    2010$2,335 +1.1%$122,520
    2009$2,309 +6%$122,520 +3%
    2008$2,179 +3.3%$118,960
    2007$2,110 +1.7%--
    2006$2,075 +2%--
    2005$2,034 -0.4%--
    2004$2,043 +4.9%--
    2003$1,948 +2.5%--
    2002$1,902 +3.1%--
    2001$1,844 +3.2%--
    2000$1,787 --
    Find assessor info on the county website

    Neighborhood: Southeast Salem

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Richmond
    • Middle: Leslie
    • High: South Salem

    Source: The MLS. 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
    $527,700
    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
    $527,700

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