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$595,000
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Property Description
Rare opportunity to own three homes on one lot! Two 1945-built one-bedroom cottages and one newly built 2-bedroom casita. 635 E was recently renovated and rent went from $575 to $1245! New 2-bedroom unit in finishing stages now. Great opportunity for first time buyers or investors! Great potential or in-law(s) to live in separate, but close home. Each unit has its own washer/dryer hookups. Each unit is separately metered for sewer, water, electric and gas! Plus, tenants have responsibility for yards.
Full Property Details
Full Property Details for 635 E St NE
General
- Sold For: $595,000
- Taxes: $2,712 (2024)
- Status: Closed
- Type: Multi-Family
- Source: WVMLS
- MLS ID: 829357
- Added to Site: 238 day(s) ago
Interior
- Flooring: Laminate, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Exterior
- Color: Gray
Location
- County: CENTRAL SALEM
- Complex: E St Casita
- Driving Directions: Market St to Church St; South to corner or E St, and Church St
School Information
- Elementary School: Grant
- Middle School: Parrish
- High School: North Salem
Heating & Cooling
- Heating Type: Gas, Electric
- Heating Fuel: Gas, Electric
- Furnaces: 900
- Water Heater: Electric
Utilities
- Sewer: City
- Water: City
Structural Information
- Roof: Composition
- Square Feet: 1,906
- Year Built: 1945
Unit Information
- Units in Building: 3
Unit 1
- Square Feet: 583
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Square Feet: 583
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Square Feet: 740
- Total Bathrooms: 2
- Bedrooms: 2
Unit 4
- Level: Ticor
Unit 5
- Square Feet: 1
Unit 6
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 740
- Frontage Feet: 583
- Zoning: RS
- Lot Description: 8
Financial Considerations
- Price Per Sq. Ft.: $312.17
- Price Per Acre: $3,966,666.67
- Assessment Year: 1945
- Assessment Amount: $50
- Tax Amount: $2,712
- Tax Year: 2024
Disclosures and Reports
- Block: HALE FAMILY TRUST
- Lot Number: 8
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Schools
Schools serving 635 E St NE
School District:Salem-Keizer School District 24j
| Name | Grades | Distance |
|---|---|---|
Grant Community School 725 Market Street Northeast, Salem, OR 97301 | PK-5 | 0.2 mi |
Parrish Middle School 802 Capitol Street Northeast, Salem, OR 97301 | 6-8 | 0.4 mi |
North Salem High School 765 14th Street Northeast, Salem, OR 97301 | 9-12 | 0.5 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 635 E St NE
Date
Details
Price
Change
Source
8/07/2025
Sold
$595,000
—
MLS
5/23/2025
Listed
$595,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
635 E St NE, Salem, OR 97301 (MLS# 829357) is a Multi-Family property that was sold at $595,000 on August 07, 2025. Want to learn more about 635 E St 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.

