4803 Future Rd NE, Salem, OR 97305
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
Listed by:emily everhartCELL: 971-237-9498
Office:harcourts elite
MLS#:828178
Source:OR_WVMLS
4803 Future Rd NE,Salem, OR 97305
$740,000
- - Beds
- - Baths
- 3,790 sq. ft.
- Multi-family
- Active
Price summary
- Price:$740,000
- Price per sq. ft.:$195.25
About this home
Turn-Key Fourplex in Prime Salem Location – Ideal Investment Opportunity!Welcome to 4803, 4813, 4823, and 4833 Future Rd NE – a well-maintained and fully occupied fourplex in a quiet residential neighborhood of northeast Salem. This property features four spacious 2-bedroom, 1-bathroom units, each offering comfortable living spaces, abundant natural light, and private garage parking. Well was done in 2022. Two units were recently updated in 2024 with modern finishes, while the other two were remodeled in 2014—offering a great balance of contemporary updates and long-term reliability. Each unit is separately metered for electricity, and tenants enjoy on-site laundry facilities and extra storage space. Situated on a 0.22-acre lot, this income-producing property has a strong rental history and consistent tenant occupancy. Major recent improvements include a new roof installed in 2022 and newer windows throughout, ensuring minimal maintenance costs for years to come. Just minutes from shopping, schools, public transit, and major commuter routes, this fourplex presents a fantastic opportunity for the savvy investor looking to expand their portfolio or generate reliable monthly cash flow. Don’t miss your chance to own a solid multi-family asset in one of Salem’s most desirable rental corridors!
Contact an agent
Home facts
- Year built:1970
- Listing ID #:828178
- Added:152 day(s) ago
- Updated:September 14, 2025 at 02:24 PM
Rooms and interior
- Living area:3,790 sq. ft.
Structure and exterior
- Roof:Built-Up
- Year built:1970
- Building area:3,790 sq. ft.
- Lot area:0.43 Acres
Schools
- High school:McKay
- Middle school:Waldo
- Elementary school:Swegle
Utilities
- Water:Well
Finances and disclosures
- Price:$740,000
- Price per sq. ft.:$195.25
- Tax amount:$6,333 (2024)
New listings near 4803 Future Rd NE
- New$519,900Active3 beds 2 baths2,688 sq. ft.
1345 Rees Hill Rd SE, Salem, OR 97306
MLS# 833983Listed by: WHITE STAR REALTY INC - New$300,000Active3 beds 1 baths1,056 sq. ft.
386 40th Pl, Salem, OR 97317
MLS# 380859591Listed by: NORTHWEST INVESTOR REALTY - New$449,500Active3 beds 2 baths1,686 sq. ft.
1596 NE Chemeketa St, Salem, OR 97301
MLS# 787316429Listed by: BELLA CASA REAL ESTATE GROUP - New$550,000Active3 beds 3 baths2,468 sq. ft.
4161 NE Geranium Ave, Salem, OR 97305
MLS# 299814621Listed by: PREMIERE PROPERTY GROUP, LLC - New$324,900Active3 beds 2 baths1,408 sq. ft.
1050 Cardinal St NW, Salem, OR 97304
MLS# 833978Listed by: COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. - New$549,900Active3 beds 3 baths1,820 sq. ft.
1290 SE Madrona Ave, Salem, OR 97302
MLS# 273826555Listed by: EXP REALTY, LLC - New$746,000Active4 beds 4 baths3,042 sq. ft.
324 Eagles Wing St NW, Salem, OR 97304
MLS# 833652Listed by: BERKSHIRE HATHAWAY HOMESERVICES R E PROF - New$359,900Active2 beds 1 baths1,026 sq. ft.
1148 Icel Ct NE, Salem, OR 97301
MLS# 833970Listed by: HOMESMART REALTY GROUP - New$359,900Active2 beds 1 baths1,026 sq. ft.
1148 Icel Ct, Salem, OR 97301
MLS# 364311733Listed by: HOMESMART REALTY GROUP - New$45,000Active3 beds 2 baths1,344 sq. ft.
5422 Portland (#47) Rd NE, Salem, OR 97305
MLS# 833704Listed by: REALTY ONE GROUP WILLAMETTE VALLEY