Great income property! Conveniently located 4-plex with long term tenants. featuring updated units exterior paint, new lifetime metal roof. Property has off street parking. Basement set up for coin-op laundry on its own meter. Buyer to due their own due diligence on other possible uses. 3 units on 1 year leases 1 unit on month to month.
Sold for $540,000
Listed by: Gander Property Group
Bought with: Gander Property Group
$540,000
952 Gaines St NE, Salem, OR 97301
4beds
4baths
2,200sqft
Quadruplex
Built in 1950
-- sqft lot
$533,300 Zestimate®
$245/sqft
$1,810 Estimated rent
Home value
$533,300
$491,000 - $576,000
$1,810/mo
Zestimate® history
Owner options
List your home for rent
$1,810/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,810/mo
Rent Zestimate®
Refinance and save
$3,300/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$3,300/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Updated unitsExterior paintOff street parkingNew lifetime metal roof
Zillow last checked:
Listing updated:
Listed by:
JOEL GANDER Cell:503-559-4110,
Gander Property Group
Bought with:
JOEL GANDER
Gander Property Group
Source: WVMLS,MLS#: 826319
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Dining room
- Features: Area (Combination)
Heating
- Electric
Appliances
- Included: Electric Range, Electric Water Heater, Refrigerator
- Laundry: Common Area
Features
- High Speed Internet
- Flooring: Carpet, Vinyl
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,200
- Total interior livable area: 2,200 sqft
Property
Parking
- Parking features: 1
Features
- Fencing: Partial
- Has view: Yes
- View description: Territorial
Lot
- Size: 6,534 sqft
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Stucco
- Foundation: Continuous
- Roof: Metal or Aluminum
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Hardwired Fire System
Location
- Region: Salem
- Subdivision: Mccoys addition
HOA & financial
Other financial information
- Total actual rent: 4350
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Price range: $540K - $540K
- Listing terms: Cash,Conventional,FHA,1031 Exchange
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2025 | Sold | $540,000-6.1%$245/sqft |
Source:  WVMLS #826319 Report a problem | ||
| 5/29/2025 | Pending sale | $574,900$261/sqft |
Source:  RMLS (OR) #472550463 Report a problem | ||
| 5/29/2025 | Contingent | $574,900$261/sqft |
Source: WVMLS #826319 Report a problem | ||
| 4/23/2025 | Price change | $574,900-4.2%$261/sqft |
Source: WVMLS #826319 Report a problem | ||
| 3/10/2025 | Listed for sale | $599,900$273/sqft |
Source: WVMLS #826319 Report a problem | ||
| 6/29/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/13/2024 | Listed for rent | $1,100$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Grant
Nearby schools
GreatSchools rating
- 6/10Grant Community SchoolGrades: K-5Distance: 0.2 mi
- 3/10Parrish Middle SchoolGrades: 6-8Distance: 0.3 mi
- 4/10North Salem High SchoolGrades: 9-12Distance: 0.4 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.
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
$533,300
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
$533,300
- Oregon
- Marion County
- Salem
- 97301
- Grant
- 952 Gaines St NE
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Salem Topics
