Date
Details
Price
Change
Source
3/23/2026
Listed
$725,000
—
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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1/16
$725,000
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1/16
Property Description
Investment opportunity! 2 tax lots for a total of .82 acre. This Salem MU-lll mixed use zoning allows for residential, retail, offices etc. You decide upon buyer due diligence! There are currently two-2/1 duplexes, a 3/1 house & a 2/1 studio apt. The shed up front (no value) houses 1 of 2 wells, the 2nd one is in the basement of rented house. Cash only, AS-IS sale. Potential abounds! Do not disturb tenants. Drive by viewing only.
Full Property Details
Full Property Details for 4125 4135 Portland Rd NE
General
- Price: $725,000
- Taxes: $6,116 (2025)
- Status: Active
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 512366581
- Updated: 3/25/2026
- Added to Site: 11 day(s) ago
Rental Information
- Rent Includes: Sewer, Trash Collection
Parking
- Parking Features: Open
Location
- County: Marion
- Driving Directions: Portland Rd. NE, just south of Hyacinth St. NE, west side of street.
School Information
- Elementary School: Highland
- Middle School: Parrish
- High School: North Salem
Community
- Community Name: 174 - Marion Co: Central Salem
Heating & Cooling
- Heating Type: Wall Furnace
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Well
- Well: Yes
Structural Information
- Property Detached: Yes
- Basement Desc.: Unfinished
- Roof: Composition
- Year Built: 1950
Lot Features
- Lot Size (Acres): 0.82
- Lot Size (Sq. Ft.): 35,719
- Lot Size: 20, 000 SqFt to .99 Acres
- Frontage: Gravel
- Lot Features: On Busline
Financial Considerations
- Operating Expenses: $22,106
- Tax Amount: $6,116
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- Legal Description: Total acres .82, Block 3
- Disclosures/Reports: Disclosure
- Property ID: 525986
Listed by Paramount Real Estate Services (503) 385-1518, Sandy Van Dyk (503) 932-3283
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Listing agent
— 4125 4135 Portland Rd NE —
Sandy Van Dyk
Paramount Real Estate Services
503-385-1518
NMLS#: 1598647
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Schools
Schools serving 4125 4135 Portland Rd NE
School District:Salem-Keizer School District 24j
| Name | Grades | Distance |
|---|---|---|
Highland Elementary School, Salem, OR 530 Highland Ave NE, Salem, OR 97303 | PK-5 | 2 mi |
Parrish Middle School 802 Capitol Street Northeast, Salem, OR 97301 | 6-8 | 2.6 mi |
North Salem High School 765 14th Street Northeast, Salem, OR 97301 | 9-12 | 2.7 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 4125 4135 Portland Rd NE
Tax History
Tax History for 4125 4135 Portland Rd NE
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,472
8%
$120,320
3%
2024
$2,294
3%
$116,820
3%
2023
$2,226
6%
$113,420
6%
2021
$2,102
-3%
$106,920
-3%
2022
$2,164
6%
$110,120
6%
2020
$2,041
7%
$103,810
3%
2019
$1,910
-2%
$100,790
3%
2018
$1,944
11%
$97,860
3%
2017
$1,755
5%
$95,010
3%
2016
$1,671
-1%
$92,250
3%
2015
$1,684
3%
$89,570
3%
2014
$1,630
2%
$86,970
3%
2013
$1,597
—
$84,440
—
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 4125 4135 Portland Rd NE
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- Lots/Land
- Active
- Updated 13 hours ago
- 0.33Acres
Listed By: HARNINDER "SAM". SINGH | Excel Real Estate
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 1Total Bath
- 1,056Sq. Ft.
Listed by HomeSmart Realty Group, Bob Shackelford
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 4Total Baths
- 4,131Sq. Ft.
Listed By: TROY. RENSHAW | Homesmart Realty Group
- Single Family
- Active
- Updated 15 hours ago
- 3Beds
- 2Total Baths
- 1,560Sq. Ft.
Listed By: AMY. MCLEOD P.C. | Keller Williams Capital City and JANELLE. CASH | Keller Williams Capital City
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- Single Family
- Active
- Updated 19 hours ago
- 3Beds
- 2Total Baths
- 1,460Sq. Ft.
Listed by MORE Realty, Matthew Andrews and MORE Realty, Liset Hermo
- Single Family
- Active
- Updated 10 hours ago
- 3Beds
- 2Total Baths
- 1,500Sq. Ft.
Listed By: CAYLAN JOHN. STARK | Exp Realty, Llc and HEATHER. RICH | Exp Realty, Llc
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,911Sq. Ft.
Listed By: LYNETTE. HAWKINS | Realty One Group Willamette Valley
- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 1Total Bath
- 1,008Sq. Ft.
Listed By: PAM. GREGORY | Homesmart Realty Group
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- Multi-Family
- Closed
- Updated 8 days ago
- 9Total Beds
Listed By: LEVI J. WILSON | Ned Baker Real Estate
Sold by NOM. NON-MEMBER SALE | Non-Member Sale
Sold by NOM. NON-MEMBER SALE | Non-Member Sale
- Multi-Family
- Closed
- 8Total Beds
Listed By: SHAREEF. HAGAG | Homesmart Realty Group
Sold by NICHOLAS. BRADLEY | Pellego Llc
Sold by NICHOLAS. BRADLEY | Pellego Llc
- Single Family
- Closed
- 4Beds
- 2Total Baths
- 2,662Sq. Ft.
Listed By: TAYLOR. REAM | Homesmart Realty Group
Sold by NOM. NON-MEMBER SALE | Non-Member Sale
Sold by NOM. NON-MEMBER SALE | Non-Member Sale
- Single Family
- Closed
- 4Beds
- 2Total Baths
- 1,911Sq. Ft.
Listed By: SEAN. ANDERSON | Homestar Brokers
Sold by ROSS. MARTINSON | Paramount Real Estate Services
Sold by ROSS. MARTINSON | Paramount Real Estate Services
4125 4135 Portland Rd NE, Salem, OR 97301 (MLS# 512366581) is a Multi-Family property with 6 units containing 0 bedrooms and 0 full bathrooms. 4125 4135 Portland Rd NE is currently listed for $725,000 and was received on March 23, 2026. Want to learn more about 4125 4135 Portland Rd 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.