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12 Beds
4 Baths
4,376 sqft

$880,000

1900 LAUREL AVE NE, Salem OR, 97301

Price per sqft$201.10
Built in1926
Property size4,376 sqft
Property typeMulti-family
Listing Courtesy of HomeSmart Realty Group, Heather Rauh. 971-315-4773

Overview

Sold

Listed Jul 6, 2024

Updated Jul 24

Miss out? Seller is accepting back up offers. PRICE IMPROVEMENT!This 4-plex commands top rental rates & is CUTE! Cute equals higher rental rates and happier tenants, which in turn, equals a happier owner. Become that happy owner. Live in one and rent the others to pay your mortgage for you OR buy & rent them all. Each house is identical with a bed & bath on the first floor, two bedrooms upstairs, & unfinished basement. Now is your chance to invest smart! 1900, 1910, and 1920 each come with a private additional storage unit on the property. They are big enough for bikes, holiday decorations, camping gear, strollers, etc. 1930 comes with two off-street parking spaces and a full garage. 1930 is vacant for viewing. The other units are available to view with an accepted offer. Inspection reports are available for each unit. Ask your real estate broker for a copy. Seller invested $17,477 into a new sewer line on 07/16/2024. Tenants pay for electricity, gas, and garbage.3 units are fully rented. 3 units are fully rented. Great lease rates! $1,775, $1850, $1,815. Once unit free reserved free for Owner Occupancy. Back on market because Buyer's contingency property fell through.

Additional information

MLS® ID
24438679

Interior Features

Bedrooms
12
Bathrooms
4
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.32 Acres

Other Property Details

Taxes
$6,563
Tax Frequency
Annually
Garage
Yes
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Listing Courtesy of HomeSmart Realty Group, Heather Rauh. 971-315-4773

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 are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on 7/24/2026, 2:23 PM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available

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