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$535,000

  • For Sale
  • Under Contract
  • Multi-Family
  • 6 Total Beds
  • Updated 4 days ago

Listed By: AMY. MCLEOD P.C. | Keller Williams Capital City | (971) 208-5093 | 971-208-5093

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Accepted Offer with Contingencies. Hard-to-find triplex offering a versatile unit mix and strong investment appeal. Property features a 1bed/1bath, 2/bed/1bath, and 3bed/1bath unit. The two larger units have been thoughtfully updated with new windows and flooring. All units include in-unit washer/dryer hookups. Conveniently located near city services, shopping, and transportation, this property offers solid rental potential with room to grow. A great opportunity for investors or owner-occupants like.

Full Property Details for 125 46th Ave SE

General

  • Price: $535,000
  • Status: Under Contract
  • Type: Multi-Family
  • Source: WVMLS
  • MLS ID: 837424
  • Updated: 2/23/2026
  • Added to Site: 15 day(s) ago

Interior

  • Flooring: Carpet, Laminate, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 3

Bedrooms

  • Total Bedrooms: 6

Location

  • County: SUBURBAN E SALEM/SOUTH
  • Subdivision: Eastland Park03
  • Driving Directions: State St. S to 46th Ave

School Information

  • Elementary School: Four Corners
  • Middle School: Houck
  • High School: South Salem

Heating & Cooling

  • Heating Type: Electric, Zonal
  • Heating Fuel: Electric, Zonal
  • Water Heater: Electric

Utilities

  • Water: City, Connected

Structural Information

  • Roof: Composition
  • Square Feet: 2,820
  • Year Built: 1976

Unit Information

  • Units in Building: 3

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 5

  • Square Feet: 2

Unit 6

  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.21
  • Zoning: RL
  • Lot Description: 4

Financial Considerations

  • Price Per Sq. Ft.: $189.72
  • Price Per Acre: $2,547,619.05
  • Assessment Year: 1976

Disclosures and Reports

  • Lot Number: 4

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Schools serving 125 46th Ave SE

School District:Salem-Keizer School District 24j
NameGradesDistance
Four Corners Elementary School
500 Elma Avenue Southeast, Salem, OR 97317
K-50.4 mi
Houck Middle School
1155 Connecticut, Salem, OR 97301
6-80.8 mi
North Salem High School
765 14th Street Northeast, Salem, OR 97301
9-122.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 125 46th Ave SE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/11/2026
Listed
$535,000
-0.93%
MLS
12/30/2022
Sold
$540,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 125 46th Ave SE

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,671
6%
$208,070
3%
2023
$3,474
4%
$202,010
6%
2021
$3,353
-1%
$190,420
-3%
2022
$3,383
7%
$196,130
6%
2020
$3,159
2%
$184,880
3%
2019
$3,087
-1%
$179,500
3%
2018
$3,116
26%
$174,280
3%
2017
$2,464
5%
$169,210
3%
2016
$2,352
1%
$164,290
3%
2015
$2,327
9%
$159,510
3%
2014
$2,138
5%
$154,870
5%
2013
$2,041
—
$147,620
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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125 46th Av SE, Salem, OR 97317 (MLS# 837424) is a Multi-Family property with 3 units containing 6 bedrooms and 0 full bathrooms. 125 46th Av SE is currently listed for $535,000 and was received on February 12, 2026. Want to learn more about 125 46th Av SE? 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.

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