1207 D St, Salem, OR 97301

Local realty services provided by:Better Homes and Gardens Real Estate Equinox
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. 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:2 day(s) ago
  • Updated:August 07, 2026 at 01:30 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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