1207 D ST, Salem, OR 97301

Courtesy of Epique Realty

$789,900
3,936
SqFt

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List Price
$789,900
Status
ACTIVE
Days on Market
1
MLS#
605231333
Year Built
1962
Living Area
3,936
Lot Size
13,068
Acres
0.30
MLS Area Major
Marion Co: East Salem N

Property Description

Turnkey 6-unit multifamily in Salem's Northeast Neighbors district — 100% occupied, fully documented financials. Several units recently refreshed (new flooring, appliances, paint); in-place rents below market with upside as leases turn. 2025 saw heavy one-time capital investment; 2026 shows strong recovery already underway. Directly across from Parrish Middle School and North Salem High School, within a mile of the Oregon State Capitol, Willamette University, Salem Hospital, and Oregon State Hospital — major, stable employment anchors.

Additional Information

Zoning
RM2
Stories
2
Parking
Off Street
Parking Features
Off Street
Elementary School
Other
Middle School
Parrish
High School
North Salem
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