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$950,000

  • For Sale
  • Active
  • Multi-Family
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Worth another look! Updated price reflects brand new exterior paint, fencing & repairs-this is a true turnkey 4-unit investment. One 4-bed unit is vacant, ideal for owner-occupant or renting at market rate. Purpose-built with 14 beds, 8 baths total, newer roof, fiber cement siding, on-site laundry & ample parking. Low-maint, 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 NW 25th St

General

  • Price: $950,000
  • Taxes: $8,347 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 254623360
  • Updated: 7/1/2025
  • Added to Site: 304 day(s) ago

Rental Information

  • Rent Includes: Maintenance Grounds, Sewer, Trash Collection, Water

Parking

  • Total Spaces: 12
  • Parking Features: Off Street, Paved

Location

  • County: Marion
  • Driving Directions: Turn left on State Street

School Information

  • Elementary School: Other
  • Middle School: Other
  • High School: South Salem

Community

  • Community Name: 176 - Marion Co: East Salem N

Heating & Cooling

  • Heating Type: Wall Heater
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Roof: Composition
  • Stories/Levels: 1
  • Square Feet: 4,292
  • Year Built: 1996
  • Property Condition: Existing

Lot Features

  • Lot Size (Acres): 0.21
  • Lot Size (Sq. Ft.): 9,147
  • Lot Size: 7, 000 to 9, 999 SqFt
  • Frontage: Paved

Financial Considerations

  • Operating Expenses: $23,524
  • Tax Amount: $8,347.95
  • Tax Year: 2024
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Legal Description: EAST SIDE ADD SALEM LOT 12
  • Property ID: 571801

Listed by Keller Williams Realty Mid-Willamette (541) 738-7770, Susan Long (541) 740-7722

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Listing agent

— 241 NW 25th St —

  • Susan Long

    Keller Williams Realty Mid-Willamette

    541-738-7770

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

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NMLS#: 1598647

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Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 241 NW 25th St

School District:Salem-Keizer School District 24j
NameGradesDistance
Richmond Elementary School
466 Richmond Avenue Southeast, Salem, OR 97301
K-50.2 mi
Leslie Middle School
3850 Pringle Road Southeast, Salem, OR 97302
6-82.3 mi
South Salem High School
1910 Church Street Southeast, Salem, OR 97302
9-121.6 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 241 NW 25th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/01/2025
Price Increased
$950,000
2.7%
MLS
3/21/2025
Listed
$925,000
—
MLS
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.

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Listed by Keller Williams Realty Mid-Willamette (541) 738-7770, Susan Long (541) 740-7722

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Price Reduced near 241 NW 25th St

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4911 15th Ave N, Keizer, OR 97303 - Photo 1 Price Reduced
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6708 14th Ave NE  Keizer, OR 97303

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Listed By: RHONDA. SMITH | Windermere Heritage
3984 Pleasant View Dr NE, Keizer, OR 97303 - Photo 1 Price Reduced
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3984 Pleasant View Dr NE  Keizer, OR 97303

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Recent Sales near 241 NW 25th St

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1230 Chemeketa St NE, Salem, OR 97301 - Photo 1 Sold
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Sold by SHANNON. RADKE | Exp Realty, Llc

241 NW 25th St, Salem, OR 97301 (MLS# 254623360) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 241 NW 25th St is currently listed for $950,000 and was received on March 21, 2025. Want to learn more about 241 NW 25th St? Do you have questions about finding other Multi-Family real estate for sale in Southeast Salem? You can browse all Southeast Salem real estate or contact a Coldwell Banker agent to request more information.

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