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$650,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 4 days ago
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Fantastic Income Opportunity! Don't miss this well-maintained 4-plex featuring four 2-bedroom, 1-bath units, perfect for investors or owner-occupants! Three units are currently tenant-occupied, and the fourth is owner-occupied, offering immediate income potential. Each spacious unit includes a comfortable living room, dining area, and a well-equipped kitchen with all appliances and lots of cupboard space. Bedrooms are nicely sized, and the bathrooms feature a convenient tub/shower combo. Enjoy off-street parking, a fenced front yard area, and a shared coin-operated community laundry room for added convenience. Ideally located just minutes from a wide variety of restaurants, shopping, and neighborhood parks, this property combines comfort, convenience, and excellent investment value!

Full Property Details for 664 Thompson Ave

General

  • Price: $650,000
  • Taxes: $4,847 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 618925138
  • Updated: 1/15/2026
  • Added to Site: 88 day(s) ago

Rental Information

  • Rent Includes: None

Parking

  • Parking Features: Off Street

Location

  • County: Marion
  • Driving Directions: Hawthorne Ave SE, L on Center St NE, R on Thompson Ave NE

School Information

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

Community

  • Community Name: 176 - Marion Co: East Salem N

Heating & Cooling

  • Heating Type: Baseboard
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Roof: Composition
  • Stories/Levels: 2
  • Square Feet: 3,744
  • Year Built: 1966
  • Property Condition: Existing

Lot Features

  • Lot Size (Acres): 0.13
  • Lot Size (Sq. Ft.): 5,662
  • Lot Size: 5, 000 to 6, 999 SqFt
  • Frontage: Paved
  • Lot Features: Level

Financial Considerations

  • Tax Amount: $4,847.89
  • Tax Year: 2024
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Legal Description: BURLINGTON ADD SALEM RE-SUB BLKS 7 & 8 LOT 5 BLK 7
  • Disclosures/Reports: Disclosure
  • Property ID: 567559

Listed by eXp Realty, LLC (888) 814-9613, Nick Shivers (503) 389-0821 and Keller Williams PDX Central (503) 548-4848, Matthew Umberger (541) 730-7121

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Listing agents

— 664 Thompson Ave —

  • Nick Shivers

    eXp Realty, LLC

    888-814-9613

  • Matthew Umberger

    Keller Williams PDX Central

    503-548-4848

503-389-0821

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with our affiliated lender
NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 664 Thompson Ave

School District:Salem-Keizer School District 24j
NameGradesDistance
Englewood Elementary School
1132 19th Street Northeast, Salem, OR 97301
K-50.3 mi
Parrish Middle School
802 Capitol Street Northeast, Salem, OR 97301
6-80.7 mi
North Salem High School
765 14th Street Northeast, Salem, OR 97301
9-120.6 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 664 Thompson Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/24/2025
Listed
$650,000
195.45%
MLS
1/16/2004
Sold
$220,000
—
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 664 Thompson Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,848
3%
$246,910
3%
2023
$4,705
6%
$239,720
6%
2021
$4,443
-3%
$225,970
-3%
2022
$4,573
6%
$232,740
6%
2020
$4,313
7%
$219,390
3%
2019
$4,037
-2%
$213,000
3%
2018
$4,108
11%
$206,800
3%
2017
$3,708
5%
$200,780
3%
2016
$3,532
-1%
$194,940
3%
2015
$3,558
3%
$189,270
3%
2014
$3,444
2%
$183,760
3%
2013
$3,373
—
$178,410
—
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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Listed by eXp Realty, LLC (888) 814-9613, Nick Shivers (503) 389-0821 and Keller Williams PDX Central (503) 548-4848, Matthew Umberger (541) 730-7121

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Price Reduced near 664 Thompson Ave

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Sold by MARCO. SANCHEZ HERNANDEZ | Realty Of America, Llc

664 Thompson Ave, Salem, OR 97301 (MLS# 618925138) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 664 Thompson Ave is currently listed for $650,000 and was received on October 24, 2025. Want to learn more about 664 Thompson Ave? Do you have questions about finding other Multi-Family real estate for sale in Croisan-Illahe? You can browse all Croisan-Illahe real estate or contact a Coldwell Banker agent to request more information.

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