$600000
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5 Bed
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4 Bath
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2525 SqFt
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5 DOM
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Built: 1920
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Status: Active
Love this home?
Tons of value in this Salem 4 plex! Two separate buildings - the front building is a nicely converted, classic bungalow, with three units. The back building is a stand-alone 2 bed/1 bath house. Main building features a 2 bedroom/1 bath unit, an upstairs studio, and a 1 bedroom unit at the rear of the home. Stand alone house boasts 2 bedrooms, 1 bath, and enjoys a quiet, private setting. Fully rented! Lots of interior updates in 2021, newer Hardi siding on the front house, tons of parking for tenants and a wonderful central location, close to Willamette University, and all the best of downtown Salem. This is a solid rental with lots of potential!
Listing Provided Courtesy of Tom Ramsey, John L. Scott
General Information
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700386141
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5 DOM
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5
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0.29 acres
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4
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2525
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1920
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rm2
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Marion
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571138
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Bush
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Leslie
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South Salem
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MultiFamily
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DEPOT ADDITION, BLOCK 27, LOT 1,2 & FR VAC ST, ACRES 0.29
Listing Provided Courtesy of Tom Ramsey, John L. Scott
PDXA1 Realty Group data last checked: Mar 07, 2026 15:28 | Listing last modified Feb 26, 2026 11:09,
Source:
Residence Information
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2525
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-
-
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5
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-
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4
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Composition
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-
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Open
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2
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1920
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No
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CementSiding, LapSiding, WoodSiding
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ConcretePerimeter
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Features and Utilities
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None
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Electricity
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Baseboard
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PublicSewer
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Electricity
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Electricity
Financial
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3471.01
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Sewer,TrashCollection,Water
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-
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Cash,Conventional,FHA,VALoan
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02-21-2026
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No
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No
Comparable Information
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5
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14
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Cash,Conventional,FHA,VALoan
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$600,000
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$600,000
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Feb 26, 2026 11:09
Schools
Map
Listing courtesy of John L. Scott.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon.
Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and
detailed information about these properties include the name of the listing's broker.
Listing content is copyright © 2019 RMLS of Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
PDXA1 Realty Group data last checked: Mar 07, 2026 15:28 | Listing last modified Feb 26, 2026 11:09.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.
— Jagathishp
Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.
— Vignesh Chan
Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.
— Praveen
Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.
— Alishetty
Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.
— Ramren Garajan
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