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$950,000

  • For Sale
  • Active
  • Multi-Family
  • 14 Total Beds
  • Updated 11 days ago

Listed By: SUE. LONG | Keller Williams Realty Mid Willamette | (541) 740-7722 and RYAN. LONG | Keller Williams Realty Mid Willamette | (541) 745-9470 | Agent: 541-740-7722

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Worth another look! Updated price reflects brand new exterior paint, fencing & repairs-this is a true turnkey 4-unit investment. Fully rented with solid residents. Purpose-built with 14 beds, 8 baths total, newer roof, fiber cement siding, on-site laundry & ample parking. Low-maintenance, low-expense property in a convenient location with great cash flow & market upside. Rare unit mix: (3) 4-bed + (1) 2-bed. Separate electrical meters. More info available-call today!

Full Property Details for 241 NE 25th (-249) St

General

  • Price: $950,000
  • Taxes: $8,996 (25/26)
  • Status: Active
  • Type: Multi-Family
  • Source: WVMLS
  • MLS ID: 826614
  • Updated: 2/8/2026
  • Added to Site: 337 day(s) ago

Interior

  • Flooring: Carpet, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 8

Bedrooms

  • Total Bedrooms: 14

Exterior

  • Color: Lt Brown

Location

  • County: CENTRAL SALEM
  • Complex: 241 25th St (-249) NE

Heating & Cooling

  • Heating Type: Electric
  • Heating Fuel: Electric
  • Furnaces: 1440
  • Water Heater: Electric

Utilities

  • Sewer: City
  • Water: City
  • # Electric Meters: 1800

Structural Information

  • Roof: Composition
  • Square Feet: 4,292
  • Finished Total: 600 Sq. Ft.
  • Year Built: 1996

Unit Information

  • Units in Building: 4

Unit 1

  • Square Feet: 1073
  • Total Bathrooms: 1.5
  • Bedrooms: 4

Unit 2

  • Square Feet: 1073
  • Total Bathrooms: 1.5
  • Bedrooms: 4

Unit 3

  • Square Feet: 1073
  • Total Bathrooms: 1.5
  • Bedrooms: 4

Unit 4

  • Square Feet: 1000
  • Level: First American
  • Total Bathrooms: 1.5
  • Bedrooms: 2

Unit 5

  • Square Feet: 4

Unit 6

  • Bedrooms: 4

Lot Features

  • Lot Size (Acres): 0.21
  • Lot Size (Sq. Ft.): 1,073
  • Frontage Feet: 1073
  • Zoning: RM
  • Lot Description: 12

Financial Considerations

  • Price Per Sq. Ft.: $221.34
  • Price Per Acre: $4,523,809.52
  • Assessment Year: 1996
  • Assessment Amount: $50
  • Tax Amount: $8,996
  • Tax Year: 25/26

Disclosures and Reports

  • Lot Number: 12

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Price & Sales History for 241 NE 25th (-249) St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/01/2025
Price Increased
$950,000
2.7%
MLS
3/19/2025
Listed
$925,000
—
MLS
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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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241 NE 25th (-249) St, Salem, OR 97301 (MLS# 826614) is a Multi-Family property with 4 units containing 14 bedrooms and 0 full bathrooms. 241 NE 25th (-249) St is currently listed for $950,000 and was received on March 19, 2025. Want to learn more about 241 NE 25th (-249) St? 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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