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$565,000 -$15,000 (-2.59%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • Updated 3 days ago

Listed By: HUNTER. GRAY | Smi Real Estate | (541) 979-9831 and DANIEL. MCKINNEY | Smi Real Estate | (832) 525-8884 | 541-979-9831

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See this well-maintained triplex in a highly accessible Salem location with recent capital improvements including a new roof and gutters. Each unit offers strong rental appeal with convenient access to shopping, public transit, and major employers. An excellent opportunity for owner-occupants or investors seeking a stable addition to their portfolio. Located directly across the street from 2910 Lancaster Dr NE, also available for purchase, refer to MLS#832855

Full Property Details for 2870 Lancaster Dr NE

General

  • Price: $565,000
  • Taxes: $3,187 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: WVMLS
  • MLS ID: 832854
  • Updated: 2/16/2026
  • Added to Site: 182 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 3

Bedrooms

  • Total Bedrooms: 6

Location

  • County: SUBURBAN E SALEM/NORTH

Heating & Cooling

  • Heating Type: Gas, Forced Air
  • Heating Fuel: Gas, Forced Air
  • Water Heater: Electric, Gas

Utilities

  • Sewer: City
  • Water: City, Connected

Structural Information

  • Square Feet: 2,208
  • Year Built: 1954

Unit Information

  • Units in Building: 3

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Level: AmeriTitle

Unit 5

  • Square Feet: 2

Unit 6

  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.18
  • Lot Description: 12

Financial Considerations

  • Price Per Sq. Ft.: $255.89
  • Price Per Acre: $3,138,888.89
  • Assessment Year: 1954
  • Tax Amount: $3,187
  • Tax Year: 2024

Disclosures and Reports

  • Lot Number: 12

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NMLS#: 1598647

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Schools serving 2870 Lancaster Dr NE

School District:Salem-Keizer School District 24j
NameGradesDistance
Scott Elementary School, Salem, OR
4700 Arizona Avenue Northeast, Salem, OR 97305
K-50.8 mi
Waldo Middle School
2805 Lansing Avenue Northeast, Salem, OR 97301
6-80.8 mi
Mckay High School
2440 Lancaster Drive Northeast, Salem, OR 97305
9-120.4 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 2870 Lancaster Dr NE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/16/2026
Price Reduced
$565,000
-2.59%
MLS
10/03/2025
Price Reduced
$580,000
-2.52%
MLS
8/21/2025
Listed
$595,000
70%
MLS
11/16/2021
Sold
$350,000
—
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 2870 Lancaster Dr NE

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,188
6%
$176,830
3%
2023
$3,014
4%
$171,680
6%
2021
$2,911
-1%
$161,830
-3%
2022
$2,937
7%
$166,680
6%
2020
$2,745
2%
$157,120
3%
2019
$2,682
-1%
$152,550
3%
2018
$2,719
29%
$148,110
3%
2017
$2,110
6%
$143,800
3%
2016
$1,986
3%
$139,620
3%
2015
$1,935
13%
$135,560
8%
2014
$1,717
5%
$125,290
8%
2013
$1,636
—
$116,200
—
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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2870 Lancaster Dr NE, Salem, OR 97305 (MLS# 832854) is a Multi-Family property with 3 units containing 6 bedrooms and 0 full bathrooms. 2870 Lancaster Dr NE is currently listed for $565,000 and was received on August 21, 2025. Want to learn more about 2870 Lancaster Dr NE? 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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