Home For Sale In Salem, Oregon

house for sale

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Listed: 04/17/24

1416 1456 D St Ne, Salem, Oregon, 97301

15 Bed:

8 Bath:

6,940 Sq Ft Living Area:

Price

$ 1,25M

Sold

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About This House

8 units consisting of (7) 2 bed / 1 bath and (1) 1 bath/ 1bath. Below market rents w/significant upside. 1 unit was recently renovated. Property is professionally managed allowing for hassle-free ownership if buyer desires to retain management. Current 5.3 cap rate based on actual data. Ideal for investors seeking appreciate and higher ROI. Prime location with strong rental demand. Located less than one block east of North Salem High School and close to Parrish Middle School. Do not disturb the residents

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