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$789,900
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Property Description
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. 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 - majo
Full Property Details
Full Property Details for 1207 D St NE
General
- Price: $789,900
- Taxes: $4,818
- Status: Active
- Type: Multi-Family
- Source: WVMLS
- MLS ID: 844274
- Updated: 8/5/2026
- Added to Site: 24 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 6
Location
- County: CENTRAL SALEM
School Information
- Elementary School: Englewood
- Middle School: Parrish
- High School: North Salem
Utilities
- Sewer: City
Structural Information
- Roof: Metal or Aluminum
- Square Feet: 3,936
- Year Built: 1962
Unit Information
- Units in Building: 6
- Units w/Range/Oven: 32377
Unit 4
- Level: Ticor
Lot Features
- Lot Size (Acres): 0.3
- Zoning: RM2
Financial Considerations
- Price Per Sq. Ft.: $200.69
- Price Per Acre: $2,633,000
- Assessment Year: 1962
- Tax Amount: $4,818
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Schools
Schools serving 1207 D St NE
School District:Salem-Keizer School District 24j
| Name | Grades | Distance |
|---|---|---|
Englewood Elementary School 1132 19th Street Northeast, Salem, OR 97301 | K-5 | 0.5 mi |
Parrish Middle School 802 Capitol Street Northeast, Salem, OR 97301 | 6-8 | 0.1 mi |
North Salem High School 765 14th Street Northeast, Salem, OR 97301 | 9-12 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions 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
8/04/2026
Listed
$789,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1207 D St NE
1207 D St NE, Salem, OR 97301 (MLS# 844274) is a Multi-Family property with 6 units containing 6 bedrooms and 0 full bathrooms. 1207 D St NE is currently listed for $789,900 and was received on August 04, 2026. Want to learn more about 1207 D St NE? Do you have questions about finding other Multi-Family real estate for sale in Croisan-Illahe? You can browse all Croisan-Illahe real estate or contact a Coldwell Banker agent to request more information.

