645 E St NE, Salem, OR 97301
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
Listed by:kenneth marshall541-754-7314
Office:vintage realty northwest
MLS#:828160
Source:OR_WVMLS
645 E St NE,Salem, OR 97301
$535,000
- - Beds
- 3 Baths
- 2,011 sq. ft.
- Multi-family
- Active
Price summary
- Price:$535,000
- Price per sq. ft.:$266.04
About this home
Great opportunity to acquire three 1940's cottages. Live in one and rent the others! Also perfect for in-laws to have their own cottage. New siding, exterior paint and windows! The 2-bedroom cottage at 645 E St also has a new roof (2025), a partially finished basement of 500 +/- SF, plus a single car garage. Hardwood floors give a warm vibe to these units. Each unit has its own washer/dryer hookups. Each home is separately metered for sewer, water, and electric. Tenants responsible for lawn maintenance. HUGE upside in rents! Long-term tenants and previous passive out-of-state owners present an opportunity for increased income. Recent Sale fail due to FHA self-sufficiency test. No FHA or VA loans, please. Price increase due to Seller renovations/repairs during escrow.
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Home facts
- Year built:1940
- Listing Id #:828160
- Added:111 day(s) ago
- Updated:August 06, 2025 at 04:50 PM
Rooms and interior
- Total bathrooms:3
- Living area:2,011 sq. ft.
Structure and exterior
- Roof:Composition
- Year built:1940
- Building area:2,011 sq. ft.
- Lot area:0.15 Acres
Schools
- High school:North Salem
- Middle school:Parrish
- Elementary school:Grant
Utilities
- Water:City
Finances and disclosures
- Price:$535,000
- Price per sq. ft.:$266.04
- Tax amount:$3,901 (2024)
Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.New listings near 645 E St NE
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