805 Gerth Av NW, Salem, OR 97304

Salem
Local realty services provided by:Knipe Realty ERA Powered
Listed by: josh glaspieCELL: 541-359-9132
Office: icon real estate group541-915-2080
MLS#:842868
Source:OR_WVMLS
805 Gerth Av NW,Salem, OR 97304
$1,190,000
  • - Beds
  • 8 Baths
  • 6,200 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,190,000
  • Price per sq. ft.:$191.94

About this home

Exceptional investment opportunity in West Salem! This well-maintained 8-unit apartment complex offers a strong income-producing asset in a desirable location close to schools, shopping, parks, and downtown Salem. Built in 1978 this property has been well maintained with a newer 5 year old roof, and possibility to be split into two separate 4-plexes. Property has convenient dedicated parking lot with 16 spaces. On site laundry that produces extra income. Situated on approximately 0.43 acres, this turnkey multifamily property is positioned to benefit from continued rental demand in the West Salem market. A quality addition to any investment portfolio with long-term upside. Buyer to perform their own due diligence regarding a potential split.

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Home facts

  • Year built:1978
  • Listing ID #:842868
  • Added:2 day(s) ago
  • Updated:June 30, 2026 at 10:56 AM

Rooms and interior

  • Total bathrooms:8
  • Flooring:Carpet
  • Dining Description:Combination Dining Area
  • Kitchen Description:Dishwasher
  • Living area:6,200 sq. ft.

Structure and exterior

  • Year built:1978
  • Building area:6,200 sq. ft.
  • Lot area:0.43 Acres
  • Construction Materials:Fiber Cement
  • Exterior Features:Covered Patio, Deck, Underground Sprinklers
  • Foundation Description:Continuous

Schools

  • High school:West Salem
  • Middle school:Walker
  • Elementary school:Myers

Utilities

  • Water:City

Finances and disclosures

  • Price:$1,190,000
  • Price per sq. ft.:$191.94
  • Tax amount:$8,203 (2025)

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. OR_WVMLS Member Broker: Jeff Knipe

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