44.9242668151856 -123.03035736084

1348 12th (-1360) St SE Salem, OR 97302

252546003 44.9242668151856 -123.03035736084 2509 /listing/252546003-150122224/1348-12th-1360-st-se-salem-or-97302 False 0 1400000.0000 5528 105 14 755968 False
  • $1,400,000
  • 14 bd
  • 5,528 sqft
  • 0.32 lot
  • Est payment $7515.5/mo

Property & Neighborhood Info

Courtesy Of SMI COMMERCIAL REAL ESTATE, LLC

Multi-Family in Salem

Turn Key Multi-family property with amazing Cash Flow potential! Check out this 10 Unit property in South Salem, consisting of (1) 3bd/1ba house, (2) 2bd/1ba Units and (7) 1bd/1ba Units. Very central location, blocks from the Salem Hospital, Willamette University and Bush Park! Easy access to I-5 and downtown Salem. Entire property was taken down to the studs, gutted and remodeled. Apartment units redesigned to maximize space & functionality. $124,500 Gross Scheduled Income, $84,637 NOI, 6.05% Cap Rate.

Courtesy Of SMI COMMERCIAL REAL ESTATE, LLC
  1. 14 Beds
  2. 5,528 Sq. Ft.
  3. 0.32 Lot

Main Features

  • Listing Status: Off Market
  • School District: Bush
  • School District2: Leslie
  • School District3: South Salem
  • County: Marion County
  • Taxes: $6,201.00
  • Units: 10
  • Zoning: CG
  • Subdivision: Yew Park Annex
  • MLS Number:755968

Additional Features

  • Dining:
    • Area (Combination)
  • Dishwasher:
    • Yes
  • Exterior Siding:
    • Continuous
    • Fiber Cement
    • Slab
  • Flooring:
    • Carpet
    • Laminate
    • Vinyl
  • Heating:
    • Electric
  • Range Facility:
    • Electric
  • Roofing:
    • Composition
    • Shingle
  • Sewer:
    • City
  • Water:
    • Electric
  • Waterheater:
    • Electric
Neighborhood info courtesy of Homes.com © 2020

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
44.9242668151856 -123.03035736084

1348 12th (-1360) St SE Salem, OR 97302

252546003 44.9242668151856 -123.03035736084 2509 /listing/252546003-150122224/1348-12th-1360-st-se-salem-or-97302 False 0 1400000.0000 5528 105 14 755968 False
  • $1,400,000
  • 14 bd
  • 5,528 sqft
  • 0.32 lot
  • Est payment $7515.5/mo