Date
Details
Price
Change
Source
7/28/2025
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/5
$1,100,000
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1/5
Property Description
Accepted Offer with Contingencies. Incredible investment opportunity! This 5-unit multi-family property features low taxes and minimal operating expenses. A 6th unit conversion is currently underway-permits in progress-offering added future rental income. Strong rental history and easy-to-maintain layout. Don't miss the upside potential!
Full Property Details
Full Property Details for 2005 Summer St SE
General
- Price: $1,100,000
- Taxes: $5,339 (2024)
- Status: Under Contract
- Type: Multi-Family
- Source: WVMLS
- MLS ID: 831985
- Updated: 12/28/2025
- Added to Site: 172 day(s) ago
Interior
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 6
Location
- County: SOUTHEAST SALEM
Heating & Cooling
- Heating Type: Electric, Ductless/Mini-Split
- Heating Fuel: Electric, Ductless/Mini-Split
- Water Heater: Electric
Utilities
- Sewer: City
- Water: City
Structural Information
- Roof: Metal or Aluminum
- Square Feet: 5,784
- Year Built: 1972
Unit Information
- Units in Building: 5
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Total Bathrooms: 1
- Bedrooms: 1
Unit 5
- Square Feet: 1
Unit 6
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.21
- Lot Description: 11700
Financial Considerations
- Price Per Sq. Ft.: $190.18
- Price Per Acre: $5,238,095.24
- Assessment Year: 1972
- Tax Amount: $5,339
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 11700
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NMLS#: 1598647
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Schools
Schools serving 2005 Summer St SE
School District:Salem-Keizer School District 24j
| Name | Grades | Distance |
|---|---|---|
Mckinley Elementary School, Salem, OR 466 McGilchrist Street Southeast, Salem, OR 97302 | K-5 | 0.4 mi |
Leslie Middle School 3850 Pringle Road Southeast, Salem, OR 97302 | 6-8 | 1.6 mi |
South Salem High School 1910 Church Street Southeast, Salem, OR 97302 | 9-12 | 0.2 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 2005 Summer St SE
Tax History
Tax History for 2005 Summer St SE
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,339
3%
$271,930
3%
2023
$5,182
6%
$264,010
6%
2021
$4,893
-3%
$248,870
-3%
2022
$5,037
6%
$256,330
6%
2020
$4,750
7%
$241,630
3%
2019
$4,446
-2%
$234,600
3%
2018
$4,525
11%
$227,770
3%
2017
$4,084
5%
$221,140
3%
2016
$3,890
-1%
$214,700
3%
2015
$3,919
3%
$208,450
3%
2014
$3,793
9%
$202,380
6%
2013
$3,487
—
$191,010
—
Disclaimer: Historical tax 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 2005 Summer St SE
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- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 1,476Sq. Ft.
Listed by eXp Realty, LLC, Nereyda Aguirre Aguirre
- Single Family
- Active
- Updated 2 hours ago
- 3Beds
- 2Total Baths
- 1,704Sq. Ft.
Listed By: SABRINA. MCCREERY | Re/Max Integrity - Salem
- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 1Total Bath
- 1,304Sq. Ft.
Listed by Realty One Group Willamette Valley, Felicia Cobb
- Single Family
- Active
- Updated 13 minutes ago
- 3Beds
- 2Total Baths
- 1,431Sq. Ft.
Listed By: LAURA. GILLOTT | Keller Williams Realty Mid-Willamette - Gillott Team and MARYANN. HONEYMAN | Keller Williams Realty Mid-Willamette - Gillott Team
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- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 3Total Baths
- 2,407Sq. Ft.
Listed by Windermere Heritage, Rhonda Smith
- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 3Total Baths
- 2,407Sq. Ft.
Listed By: RHONDA. SMITH | Windermere Heritage
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,588Sq. Ft.
Listed By: ALLY. PUENTES | Exp Realty, Llc
- Single Family
- Active
- Updated 2 days ago
- 5Beds
- 3Total Baths
- 2,494Sq. Ft.
Listed By: AMY. MCLEOD P.C. | Keller Williams Capital City and CHRISTIAN. LYDON | Keller Williams Capital City
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- Retail
- Sold
- Updated 10 days ago
Listed by SMI Commercial Real Estate LLC, Elesa Doll
Sold by Non Rmls Broker, OR and WA Non Rmls
Sold by Non Rmls Broker, OR and WA Non Rmls
- Multi-Family
- Closed
Listed By: RUTH. DANA | First Commercial Real Estate
Sold by NOM. NON-MEMBER SALE | Non-Member Sale
Sold by NOM. NON-MEMBER SALE | Non-Member Sale
- Multi-Family
- Closed
- 12Total Beds
Listed By: CHERISE. KISH | Keller Williams Realty Mid Willamette
Sold by CORY. CARLSON | Constant Commercial Real Estate Inc
Sold by CORY. CARLSON | Constant Commercial Real Estate Inc
- Commercial
- Sold
Listed by SMI Commercial Real Estate LLC, Elesa Doll
Sold by Windermere Pacific West Prop., Sarah Freitag
Sold by Windermere Pacific West Prop., Sarah Freitag
2005 Summer St SE, Salem, OR 97302 (MLS# 831985) is a Multi-Family property with 5 units containing 6 bedrooms and 0 full bathrooms. 2005 Summer St SE is currently listed for $1,100,000 and was received on July 28, 2025. Want to learn more about 2005 Summer St 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.