241 NE 25th (-249) St, Salem, OR 97301

Salem
Local realty services provided by:Knipe Realty ERA Powered
Listed by: sue long, ryan longAgent: 541-740-7722
Office: keller williams realty mid willamette
MLS#:826614
Source:OR_WVMLS
241 NE 25th (-249) St,Salem, OR 97301
$950,000
  • - Beds
  • 8 Baths
  • 4,292 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$950,000
  • Price per sq. ft.:$221.34

About this home

March 2026 rent increase. Take another look! Updated price reflects brand new exterior paint, fencing & repairs-this is a true turnkey 4-unit investment. Fully rented with solid residents. Purpose-built with 14 beds, 8 baths total, newer roof, fiber cement siding, on-site laundry & ample parking. Low-maintenance, low-expense property in a convenient location with great cash flow & market upside. Rare unit mix: (3) 4-bed + (1) 2-bed. Separate electrical meters. More info available - call today!

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Home facts

  • Year built:1996
  • Listing ID #:826614
  • Added:380 day(s) ago
  • Updated:April 04, 2026 at 02:36 PM

Rooms and interior

  • Total bathrooms:8
  • Flooring:Carpet, Vinyl
  • Kitchen Description:Dishwasher, Range: Built-In, Range: Electric
  • Living area:4,292 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:1996
  • Building area:4,292 sq. ft.
  • Lot area:0.21 Acres
  • Construction Materials:Fiber Cement
  • Exterior Features:Fenced Yard, Underground Sprinklers
  • Foundation Description:Continuous

Utilities

  • Water:City

Finances and disclosures

  • Price:$950,000
  • Price per sq. ft.:$221.34
  • Tax amount:$8,996 (25/26)

Features and amenities

  • Amenities:Electric Water Heater
MLS LogoBased on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.

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