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$495,950 -$4,000 (-0.8%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • 5 Total Beds
  • Updated 1 day ago

Listed By: BRIAN. MCVAY | Homesmart Realty Group - Keizer | (503) 510-6827 and APRIL. MCVAY | Homesmart Realty Group - Keizer | (503) 510-2922 | Agent: 503-510-6827

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Investment Opportunity! 3 bedroom home on Mill Creek with over 2000sf 3br/1.5ba. 2 fireplaces. Walk out basement to a patio with firepit creekside. Live in the home and rent the two twin 528sf cottages or rent all three homes for a great return on investment. The Cottages are identical with each having a 1 bedroom, living, kitchen and bath layout. Roofs were all checked out in 2024 and good to go. All units have mini split heat pumps for heat and cool. Don't miss this opportunity as it will go fast.

Full Property Details for 589 Knapp Pl NE

General

  • Price: $495,950
  • Taxes: $3,899 (25-26)
  • Status: Active
  • Type: Multi-Family
  • Source: WVMLS
  • MLS ID: 844159
  • Updated: 8/3/2026
  • Added to Site: 2 day(s) ago

Interior

  • Flooring: Carpet, Laminate, Vinyl

Rooms

Bedrooms

  • Total Bedrooms: 5

Location

  • County: CENTRAL SALEM
  • Subdivision: Knapps add.
  • Driving Directions: High St to Knapp Pl.

School Information

  • Elementary School: Grant
  • Middle School: Parrish
  • High School: North Salem

Heating & Cooling

  • Heating Type: Electric, Zonal, Ductless/Mini-Split
  • Heating Fuel: Electric, Zonal, Ductless/Mini-Split
  • Water Heater: Electric

Utilities

  • Sewer: City
  • Water: City

Structural Information

  • Basement Desc.: Daylight, Finished, Partial
  • Roof: Composition
  • Square Feet: 3,065
  • Year Built: 1936

Unit Information

  • Units in Building: 3

Unit 1

  • Square Feet: 2009
  • Total Bathrooms: 1.5
  • Bedrooms: 3

Unit 2

  • Square Feet: 528
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Square Feet: 528
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Level: Ticor

Unit 5

  • Square Feet: 3

Unit 6

  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 528
  • Frontage Feet: 528
  • Zoning: RS
  • Lot Description: 14

Financial Considerations

  • Price Per Sq. Ft.: $161.81
  • Price Per Acre: $4,508,636.36
  • Assessment Year: 1936
  • Assessment Amount: $36
  • Tax Amount: $3,899
  • Tax Year: 25-26

Disclosures and Reports

  • Lot Number: 14
  • Flood plain: Yes

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Schools serving 589 Knapp Pl NE

School District:Salem-Keizer School District 24j
NameGradesDistance
Grant Community School
725 Market Street Northeast, Salem, OR 97301
PK-50.3 mi
Parrish Middle School
802 Capitol Street Northeast, Salem, OR 97301
6-80.4 mi
North Salem High School
765 14th Street Northeast, Salem, OR 97301
9-120.5 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 589 Knapp Pl NE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/03/2026
Listed
$495,950
183.4%
MLS
2/16/1996
Sold
$175,000
—
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 589 Knapp Pl NE

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,899
8%
$189,760
3%
2024
$3,617
3%
$184,240
3%
2023
$3,511
6%
$178,880
6%
2021
$3,315
-3%
$168,620
-3%
2022
$3,413
6%
$173,670
6%
2020
$3,219
7%
$163,710
3%
2019
$3,012
-2%
$158,950
3%
2018
$3,066
11%
$154,330
3%
2017
$2,767
5%
$149,840
3%
2016
$2,636
-1%
$145,480
3%
2015
$2,656
3%
$141,250
3%
2014
$2,570
2%
$137,140
3%
2013
$2,517
—
$133,150
—
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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732 Castle Pines Dr N, Keizer, OR 97303 - Photo 1 Just Listed
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Price Reduced near 589 Knapp Pl NE

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2009 Flag Stone Ct NE, Keizer, OR 97303 - Photo 1 Price Reduced
-$10,000 (-1.82%)
$540,000

2009 Flag Stone Ct NE  Keizer, OR 97303

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  • 4
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  • 2,634
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1168 Marigold St NE, Keizer, OR 97303 - Photo 1 Price Reduced
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2009 Flag Stone Ct, Keizer, OR 97303 - Photo 1 Price Reduced
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1050 Summer St NE, Salem, OR 97301 - Photo 1 Sold
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Listed By: MICHELLE. HENDRICKS | Homesmart Realty Group - Stayton
Sold by JAKE. LUCEY | Tradition Real Estate Partners

589 Knapp Pl NE, Salem, OR 97301 (MLS# 844159) is a Multi-Family property with 3 units containing 5 bedrooms and 0 full bathrooms. 589 Knapp Pl NE is currently listed for $495,950 and was received on August 03, 2026. Want to learn more about 589 Knapp Pl 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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