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$575,000
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Property Description
Accepted Offer with Contingencies. Charming triplex near downtown Salem! Main 3BD/2BA home with basement offering ADU potential + two rented 1BD/1BA cottages. Cosmetic refresh could unlock big value. Prime location near Willamette Univ & Salem Hospital - ideal house hack or investment! MLS #834147 Please contact listing agent with any questions. Property holds great potential with location and opportunity to easily add a 4th unit in the basement. 6 parking spots at the rear of the property also provide additional rental income. A lot of upside on rents and income potential with some creative renovations.
Full Property Details
Full Property Details for 730 Cottage St NE
General
- Price: $575,000
- Taxes: $5,312 (2024)
- Status: Under Contract
- Type: Single Family
- Source: WVMLS
- MLS ID: 834145
- Updated: 12/29/2025
- Added to Site: 110 day(s) ago
Interior
- Flooring: Carpet, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Parking
- Garage Description: Detached
Location
- County: CENTRAL SALEM
School Information
- Elementary School: Grant
- Middle School: Parrish
- High School: North Salem
Utilities
- Sewer: Yes
- Water: City
Structural Information
- Basement Desc.: Unfinished
- Square Feet: 3,271
- Year Built: 1925
Lot Features
- Lot Size (Acres): 0.23
- Zoning: CLJ
- Lot Description: 3
Financial Considerations
- Price Per Sq. Ft.: $175.79
- Assessment Year: 1925
- Tax Amount: $5,312
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 3
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Schools
Schools serving 730 Cottage St NE
School District:Salem-Keizer School District 24j
| Name | Grades | Distance |
|---|---|---|
Grant Community School 725 Market Street Northeast, Salem, OR 97301 | PK-5 | 0.4 mi |
Parrish Middle School 802 Capitol Street Northeast, Salem, OR 97301 | 6-8 | 0.3 mi |
North Salem High School 765 14th Street Northeast, Salem, OR 97301 | 9-12 | 0.4 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 730 Cottage St NE
Date
Details
Price
Change
Source
10/01/2025
Listed
$575,000
76.92%
MLS
10/19/2006
Sold
$325,000
—
Public Record
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
Tax History for 730 Cottage St NE
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,312
3%
$270,550
3%
2023
$5,155
6%
$262,670
6%
2021
$4,868
-3%
$247,600
-3%
2022
$5,011
6%
$255,020
6%
2020
$4,726
7%
$240,390
3%
2019
$4,423
-2%
$233,390
3%
2018
$4,501
11%
$226,600
3%
2017
$4,063
5%
$220,000
3%
2016
$3,870
-1%
$213,600
3%
2015
$3,899
3%
$207,380
3%
2014
$3,773
2%
$201,340
3%
2013
$3,696
—
$195,480
—
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 730 Cottage St NE
730 Cottage St NE, Salem, OR 97301 (MLS# 834145) is a Single Family property with 5 bedrooms and 4 full bathrooms. 730 Cottage St NE is currently listed for $575,000 and was received on October 01, 2025. Want to learn more about 730 Cottage St NE? Do you have questions about finding other Single Family real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.

