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$799,900 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 12 Total Beds
  • Updated 1 day ago

Listed By: BENJAMIN. OROZCO | Fcre Home | (503) 932-4181 and JOSHUA. KAY | First Commercial Real Estate | (503) 931-3521 | Agent: 503-932-4181

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Turnkey asset with major capital improvements already completed. The Grant Apartments is a well-maintained 6-plex with significant renovations completed in 2019-2020. Located in a predominantly residential neighborhood near essential services, this property offers strong tenant appeal and stable income potential. Interior upgrades include luxury vinyl plank flooring throughout, updated kitchens with new cabinets, countertops, fixtures, and appliances. The exterior features durable Hardie Plank siding, fresh paint, and improved stormwater drainage. Additional amenities include a detached on-site laundry room, 8 paved parking spaces, fenced perimeter with privacy slats, and professionally maintained grounds with mature trees, shrubs, and raised garden beds for tenant use.

Full Property Details for 1355 4th St NE

General

  • Price: $799,900
  • Taxes: $7,650 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: WVMLS
  • MLS ID: 837881
  • Updated: 2/20/2026
  • Added to Site: 2 day(s) ago

Interior

  • Flooring: Carpet, Luxury Vinyl Plank

Rooms

Bathrooms

  • Total Bathrooms: 6

Bedrooms

  • Total Bedrooms: 12

Exterior

  • Color: Grey

Location

  • County: CENTRAL SALEM
  • Complex: Grant Apartments
  • Driving Directions: Broadway St NE to West on Gaines St NE to North on Fourth St NE

School Information

  • Elementary School: Grant
  • Middle School: Parrish
  • High School: North Salem

Heating & Cooling

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

Utilities

  • Sewer: City
  • Water: City

Structural Information

  • Square Feet: 4,692
  • Year Built: 1968

Unit Information

  • Units in Building: 6

Unit 4

  • Level: Fidelity

Lot Features

  • Lot Size (Acres): 0.19
  • Zoning: RM3
  • Lot Description: 2

Financial Considerations

  • Price Per Sq. Ft.: $170.48
  • Price Per Acre: $4,210,000
  • Assessment Year: 1968
  • Assessment Amount: $66
  • Tax Amount: $7,650
  • Tax Year: 2025

Disclosures and Reports

  • Lot Number: 2

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Schools serving 1355 4th St NE

School District:Salem-Keizer School District 24j
NameGradesDistance
Grant Community School
725 Market Street Northeast, Salem, OR 97301
PK-50.3 mi
Parrish Middle School
802 Capitol Street Northeast, Salem, OR 97301
6-80.7 mi
North Salem High School
765 14th Street Northeast, Salem, OR 97301
9-120.8 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 1355 4th St NE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/20/2026
Listed
$799,900
357.09%
MLS
4/27/2001
Sold
$175,000
—
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 1355 4th St NE

Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
100%
2023
100%
100%
2022
100%
100%
2021
100%
100%
2020
—
—
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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1355 4th St NE, Salem, OR 97301 (MLS# 837881) is a Multi-Family property with 6 units containing 12 bedrooms and 0 full bathrooms. 1355 4th St NE is currently listed for $799,900 and was received on February 20, 2026. Want to learn more about 1355 4th 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.

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