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$814,000

  • Sold
  • Closed
  • Multi-Family
  • 8 Total Beds

Listed By: SHAREEF. HAGAG | Homesmart Realty Group | (503) 510-2607
Sold by NICHOLAS. BRADLEY | Pellego Llc | Agent: 503-510-2607

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House hack 101 alert! 1 Unit left unrented for owner occupant financing potential! Live in one of the units allows for 5% down payment opportunity! Great way to build your asset equity over time! Or buy as an investment with an estimated CAP of 8.36% using potential $6400 a month in total rents ($1600 per unit). "Big ticket" updates done makes for huge value on this one! ALL units painted inside and out, ALL new flooring, baths redone, lighting, and exterior paint for a clean look!

Full Property Details for 4434 Lancaster (-4440) Dr NE

General

  • Sold For: $814,000
  • Taxes: $4,731 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: WVMLS
  • MLS ID: 834211
  • Added to Site: 109 day(s) ago

Interior

  • Flooring: Laminate

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 8

Location

  • County: CENTRAL SALEM

School Information

  • Elementary School: Hayesville
  • Middle School: Adam Stephens
  • High School: McKay

Heating & Cooling

  • Heating Type: Baseboard
  • Heating Fuel: Baseboard
  • Water Heater: Gas

Utilities

  • Sewer: City
  • Water: City

Structural Information

  • Roof: Shake
  • Square Feet: 3,591
  • Year Built: 1964

Unit Information

  • Units in Building: 4

Unit 1

  • Square Feet: 897
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Square Feet: 897
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Square Feet: 897
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Square Feet: 897
  • Level: AmeriTitle
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 5

  • Square Feet: 2

Unit 6

  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.31
  • Lot Size (Sq. Ft.): 897
  • Frontage Feet: 897
  • Lot Description: *

Financial Considerations

  • Price Per Sq. Ft.: $226.68
  • Price Per Acre: $2,580,322.58
  • Assessment Year: 1964
  • Tax Amount: $4,731
  • Tax Year: 2024

Disclosures and Reports

  • Block: Loan
  • Lot Number: *

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 4434 Lancaster (-4440) Dr NE

School District:Salem-Keizer School District 24j
NameGradesDistance
Hayesville Elementary School
4545 Ward Dr NE, Salem, OR 97304
K-50.5 mi
Stephens Middle School
4962 Hayesville Drive Northeast, Salem, OR 97305
6-81.1 mi
Mckay High School
2440 Lancaster Drive Northeast, Salem, OR 97305
9-121.9 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 4434 Lancaster (-4440) Dr NE

Date
Details
Price
Change
Source
11/10/2025
Sold
$814,000
1.76%
MLS
10/02/2025
Listed
$799,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Just Listed near 4434 Lancaster (-4440) Dr NE

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5425 Bundy Ave N, Keizer, OR 97303 - Photo 1 Just Listed
$440,000

5425 Bundy Ave N  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
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  • 2
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  • 1,476
    Sq. Ft.
Listed By: NEREYDA. AGUIRRE | Exp Realty, Llc
4370 Gary St NE, Keizer, OR 97303 - Photo 1 Just Listed
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4370 Gary St NE  Keizer, OR 97303

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  • 1
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896 Moneda Ave N, Keizer, OR 97303 - Photo 1 Just Listed
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896 Moneda Ave N  Keizer, OR 97303

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Listed By: CARA N. HAGE | Cambern Homes Llc
1865 Manzanita St, Keizer, OR 97303 - Photo 1 Just Listed
$419,000

1865 Manzanita St  Keizer, OR 97303

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  • 3
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  • 2
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Listed By: LAURA. GILLOTT | Keller Williams Realty Mid-Willamette - Gillott Team and MARYANN. HONEYMAN | Keller Williams Realty Mid-Willamette - Gillott Team

Price Reduced near 4434 Lancaster (-4440) Dr NE

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521 Chemawa Rd N, Keizer, OR 97303 - Photo 1 Price Reduced
-$25,000 (-5.56%)
$425,000

521 Chemawa Rd N  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 3 days ago
  • 5
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  • 3,697
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Listed By: SAM. LABBE | Coldwell Banker Mountain West Real Estate, Inc.
4911 15th Ave N, Keizer, OR 97303 - Photo 1 Price Reduced
-$10,000 (-2.33%)
$419,000

4911 15th Ave N  Keizer, OR 97303

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  • Active
  • Updated 14 hours ago
  • 3
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  • 3
    Total Baths
  • 2,001
    Sq. Ft.
Listed By: GREG. KUSCHNICK | Berkshire Hathaway Homeservices Northwest Real Estate
4742 Rivergrove Ct N, Keizer, OR 97303 - Photo 1 Price Reduced
-$10,000 (-2.11%)
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4742 Rivergrove Ct N  Keizer, OR 97303

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  • 1,588
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Listed By: ALLY. PUENTES | Exp Realty, Llc
4911 15th Ave N, Keizer, OR 97303 - Photo 1 Price Reduced
-$10,000 (-2.33%)
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4911 15th Ave N  Keizer, OR 97303

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  • Active
  • Updated 13 hours ago
  • 3
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  • 2
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  • 2,001
    Sq. Ft.
Listed by Berkshire Hathaway HomeServices NW Real Estate, Greg Kuschnick

Recent Sales near 4434 Lancaster (-4440) Dr NE

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1001 Ring St NE, Keizer, OR 97303 - Photo 1 Sold
$856,000

1001 Ring St NE  Keizer, OR 97303

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  • Closed
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  • 8
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Listed By: ERIC. SWANSON | Smi Real Estate
Sold by NOM. NON-MEMBER SALE | Non-Member Sale
1001 Ring St, Keizer, OR 97303 - Photo 1 Sold
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1001 Ring St  Keizer, OR 97303

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Sold by Rose City Realty, Benjamin Acosta
6255 McLeod Ln NE, Keizer, OR 97303 - Photo 1 Sold
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6255 McLeod Ln NE  Keizer, OR 97303

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Listed By: JAMES. HAUGE | Legacy Real Estate
Sold by MARK E. FARROW | Homesmart Realty Group
5132 Swegle Rd Rd NE, Salem, OR 97317 - Photo 1 Sold
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5132 Swegle Rd Rd NE  Salem, OR 97317

  • Single Family
  • Closed
  • 4
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  • 3
    Total Baths
  • 2,408
    Sq. Ft.
Listed By: ZAC. HOFFMAN | Premiere Property Group, Llc - South Salem
Sold by SHAWNA. YOUNG | More Realty

4434 Lancaster (-4440) Dr NE, Salem, OR 97305 (MLS# 834211) is a Multi-Family property that was sold at $814,000 on November 10, 2025. Want to learn more about 4434 Lancaster (-4440) 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.