$625000
4 Bed
4 Bath
2282 SqFt
22 DOM
Built: 1925
Status: Active
4 plex investor opportunity in central Salem with potential to assume FHA mortgage at 2.75%! This detached 4-plex offers four 1-bedroom, 1-bath units—each with its own private entrance, electric meter, and water heater. The original home was extensively remodeled and partially rebuilt in 1990–91, blending character with modern updates. Recent improvements include a newer roof (approx. 5–10 years old), updated water heaters, new flooring, and ongoing maintenance that shows pride of ownership.
Listing Provided Courtesy of Joe Skipper, eXp Realty, LLC
245194097
22 DOM
4
5662.8 SqFt
4
2282
1925
RM2
Marion
583175
Richmond
Leslie
South Salem
MultiFamily
J MYERS ADD SALEM LOT 6 BLK 2
Listing Provided Courtesy of Joe Skipper, eXp Realty, LLC
PDXA1 Realty Group data last checked: Sep 01, 2025 00:04 | Listing last modified Aug 27, 2025 01:21,
Source:
2282
4
4
Composition
OffStreet,OnStreet
2
1925
No
WoodSiding
None
Electricity
WallHeater
PublicSewer
Electricity
Electricity
3376.13
0
TrashCollection,Water
Assumable,Cash,Conventional,FHA,VALoan
08-05-2025
No
No
22
27
Assumable,Cash,Conventional,FHA,VALoan
$625,000
$625,000
Aug 27, 2025 01:21
Listing courtesy of eXp Realty, LLC.
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: Sep 01, 2025 00:04 | Listing last modified Aug 27, 2025 01:21.
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.
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.
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.
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.
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.
Whether you’re looking to buy your dream home, sell your property for the best price, or explore investment opportunities, PDXA1 Realty Group is here to help. With expertise, personalized service, and a commitment to your goals, we’ll guide you every step of the way. Contact us today at (971) 330-1856 let’s start the conversation!
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