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1207 D St NE, Salem, OR 97301
$820,000
1207 D St NE, Salem, OR 97301View this property at 1207 D St NE, Salem, OR 97301
1207 D St NESalemOR97301
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Property Description
The future upside for the next owner is to increase the current rents to market, which should bring the cap rate to approximately 6.5%. Additionally, if washer/dryers are added in the units to increase the rents, the cap rate should increase to approximately 7.5%. Please contact agent for additional information.
Full Property Details
Full Property Details for 1207 D St NE
General
- Sold For: $820,000
- Taxes: $4,218
- Status: Sold
- Type: Multi-Family
- MLS ID: 23563538
- Added to Site: 313 day(s) ago
Rental Information
- Rent Includes: Sewer, Trash Collection, Water
Location
- County: Marion
- Driving Directions: Garnet St NE
School Information
- Midd School District: Parrish
- Middle School: Parrish
Community
- Community Name: 176 - Marion Co: East Salem N
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall Unit(s)
- Heating Type: Other
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Stories/Levels: 2
- Year Built: 1962
Lot Features
- Lot Size: 10, 000 to 14, 999 SqFt
Financial Considerations
- Tax Amount: $4,218.05
Disclosures and Reports
- Property ID: 587264
Listed by Norris & Stevens Investment Real Estate Services (503) 223-3171, David Keys (503) 223-3171
Sold by eXp Realty, LLC (888) 814-9613, Benjamin Nelson
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Schools
Schools serving 1207 D St NE
School District:Salem-Keizer Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1132 19th St Ne, Salem, OR 97301 | K-5 | 0.5 mi | |
802 Capitol St Ne, Salem, OR 97301 | 6-8 | 0.1 mi | |
765 14th St Ne, Salem, OR 97301 | 9-12 | 0.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1207 D St NE
Date
Details
Price
Change
Source
1/03/2024
Sold
$820,000
-3.53%
MLS
10/02/2023
Price Reduced
$850,000
-2.86%
MLS
8/28/2023
Price Reduced
$875,000
-2.78%
MLS
8/01/2023
Listed
$900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1207 D St NE, Salem, OR 97301 (MLS# 23563538) is a Multi-Family property that was sold at $820,000 on January 03, 2024. Want to learn more about 1207 D St NE? Do you have questions about finding other Multi-Family real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.