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About the Listing 1042 - 15844,13607
Charming detached 4-unit multifamily property ideally situated near downtown Salem, public transit, and local colleges. Each unit is a 1BD/1BA (tub/shower), fridge, stove/refrigerator, private entrance, individual electric meter, and separate water heater — set up for straightforward management and tenant privacy. The building was substantially remodeled and partially rebuilt in the early 1990s with continued updates since: newer water heaters, fresh flooring throughout, and roof replaced in 2017. Residents enjoy dedicated off-street parking, on-site coin-operated laundry, and a fully fenced backyard courtyard. Excellent investment opportunity with potential to assume an attractive 2.75% FHA loan (buyer to verify with lender). Showings available by appointment only. Seller is related to listing agent.
Listing Highlights
Status
Active
Days on Site
19
Property Type
Business Opportunity
MLS ®
841069
Year Built
1925
Total Square Footage
2,282
Lot/Acreage
0.13
County
Marion
Area
20 CENTRAL SALEM
Elementary School
Richmond
Middle School
Leslie
High School
South Salem
Interior Details
- Bedrooms: 4
- Bathrooms: 4 Full
- Appliances: Yes
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor: Laminate
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: City
Exterior Details
- Lot Description: Common Area,No
- Garage Capacity: N/A
- Roof: Composition
- Others:
- Sewer: City
Financial Details
- Tax Amount: $3,638
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
771 21st St SE Salem, OR 97301
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