1207 D St, Salem, OR 97301

Salem
Local realty services provided by:ERA Freeman & Associates, Realtors
1207 D St,Salem, OR 97301
$789,900
  • - Beds
  • - Baths
  • 3,936 sq. ft.
  • Multi-family
  • Active
Listed by: benjamin nelson
Office: epique realty503-819-9191
MLS#:605231333
Source:PORTLAND

Price summary

  • Price:$789,900
  • Price per sq. ft.:$200.69

About this home

Turnkey 6-unit multifamily in Salem's Northeast Neighbors district — 100% occupied, fully documented financials. Several units recently refreshed (new flooring, appliances, paint); in-place rents below market with upside as leases turn. 2025 saw heavy one-time capital investment; 2026 shows strong recovery already underway. New owner benefits from current owner's investments! Directly across from Parrish Middle School and North Salem High School, within a mile of the Oregon State Capitol, Willamette University, Salem Hospital, and Oregon State Hospital — major, stable employment anchors.

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Home facts

  • Year built:1962
  • Listing ID #:605231333
  • Added:52 day(s) ago
  • Updated:September 26, 2026 at 05:27 PM

Rooms and interior

  • Basement Description:Crawl Space
  • Living area:3,936 sq. ft.

Heating and cooling

  • Cooling:Wall Unit

Structure and exterior

  • Roof:Metal
  • Year built:1962
  • Building area:3,936 sq. ft.
  • Lot area:0.3 Acres
  • Lot Features:Level
  • Foundation Description:Concrete Perimeter
  • Levels:2 Stories

Schools

  • High school:North Salem
  • Middle school:Parrish
  • Elementary school:Englewood

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$789,900
  • Price per sq. ft.:$200.69
  • Tax amount:$4,819

Parking

  • Parking description:Off Street
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than ERA Freeman & Associates, Realtors are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: September 26, 2026

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