1207 D St, Salem, OR 97301
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
1207 D St,Salem, OR 97301
$789,900
- - Beds
- - Baths
- 3,936 sq. ft.
- Multi-family
- Active
Listed by: benjamin nelson
Office: epique realty503-819-9191
MLS#:605231333
Source:PORTLAND
Price summary
- Price:$789,900
- Price per sq. ft.:$200.69
About this home
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. New owner benefits from current owner's investments! 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.
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Home facts
- Year built:1962
- Listing ID #:605231333
- Added:50 day(s) ago
- Updated:September 24, 2026 at 04:25 PM
Rooms and interior
- Basement Description:Crawl Space
- Living area:3,936 sq. ft.
Heating and cooling
- Cooling:Wall Unit
Structure and exterior
- Roof:Metal
- Year built:1962
- Building area:3,936 sq. ft.
- Lot area:0.3 Acres
- Lot Features:Level
- Foundation Description:Concrete Perimeter
- Levels:2 Stories
Schools
- High school:North Salem
- Middle school:Parrish
- Elementary school:Englewood
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$789,900
- Price per sq. ft.:$200.69
- Tax amount:$4,819
Parking
- Parking description:Off Street
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