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$895,000

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds

Listed By: ERIC. SWANSON | Smi Real Estate | (541) 990-3795 | Cell: 541-990-3795

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Well located 8 unit garden-style apartment complex in SE Salem consisting of all 1 bed / 1 bath units built in 1971. The property total approximately 4,160 RSF on a 0.30 acre site and features 11 surface parking spaces, common laundry and patios. Attractive price per unit with strong in-place income.Member of selling entity is a Licensed Real Estate Broker in the State of Oregon.

Full Property Details for 2522 Simpson (-2536) St SE

General

  • Price: $895,000
  • Taxes: $7,523 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: WVMLS
  • MLS ID: 836878
  • Updated: 2/17/2026
  • Added to Site: 75 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 8

Bedrooms

  • Total Bedrooms: 8

Location

  • County: CENTRAL SALEM
  • Subdivision: Simpson Add Rplt
  • Complex: Simpson 8 Unit
  • Driving Directions: State St or Mission to 25th. Property is located on the East side of 25th and the South side of Simpson

Utilities

  • Sewer: City
  • Water: City

Structural Information

  • Roof: Composition
  • Square Feet: 4,202
  • Year Built: 1971

Unit Information

  • Units in Building: 8

Unit 4

  • Level: AmeriTitle

Lot Features

  • Lot Size (Acres): 0.3
  • Zoning: RM2
  • Lot Description: 6 7 & FR 8

Financial Considerations

  • Price Per Sq. Ft.: $212.99
  • Price Per Acre: $2,983,333.33
  • Assessment Year: 1971
  • Tax Amount: $7,523
  • Tax Year: 2025

Disclosures and Reports

  • Lot Number: 6 7 & FR 8

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NMLS#: 1598647

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Schools serving 2522 Simpson (-2536) St SE

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
6-82.1 mi
South Salem High School
1910 Church Street Southeast, Salem, OR 97302
9-121.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2522 Simpson (-2536) St SE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/17/2026
Price Reduced
$895,000
-3.24%
MLS
1/21/2026
Listed
$925,000
-6.57%
MLS
7/30/2024
Sold
$990,000
—
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 2522 Simpson (-2536) St SE

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,108
8%
$394,670
3%
2024
$7,523
3%
$383,180
3%
2023
$7,302
6%
$372,020
6%
2021
$6,894
-3%
$350,670
-3%
2022
$7,097
6%
$361,190
6%
2020
$6,693
7%
$340,460
3%
2019
$6,264
-2%
$330,550
3%
2018
$6,375
11%
$320,930
3%
2017
$5,754
5%
$311,590
3%
2016
$5,481
4%
$302,520
5%
2015
$5,258
-2%
$287,910
-2%
2014
$5,355
-1%
$293,710
3%
2013
$5,392
—
$285,160
—
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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2522 Simpson (-2536) St SE, Salem, OR 97301 (MLS# 836878) is a Multi-Family property with 8 units containing 8 bedrooms and 0 full bathrooms. 2522 Simpson (-2536) St SE is currently listed for $895,000 and was received on January 21, 2026. Want to learn more about 2522 Simpson (-2536) 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.

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