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$520,000
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Property Description
Charming detached 4-unit multifamily property ideally situated near downtown Salem, public transit, and local colleges. Each unit is a 1BD/1BA (tub/shower), fridge, stove/oven, private entrance, individual electric meter, and separate water heater - set up for straightforward management and tenant privacy. The building was substantially remodeled and partially rebuilt in the early 1990s with continued updates since: newer water heaters, fresh flooring throughout, and roof replaced in 2017.
Full Property Details
Full Property Details for 771 21st St SE
General
- Sold For: $520,000
- Taxes: $3,638 (2025)
- Status: Closed
- Type: Multi-Family
- Source: WVMLS
- MLS ID: 841069
- Added to Site: 110 day(s) ago
Interior
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Exterior
- Color: Beige
Location
- County: CENTRAL SALEM
- Driving Directions: Mission St to 21st St
School Information
- Elementary School: Richmond
- Middle School: Leslie
- High School: South Salem
Heating & Cooling
- Heating Type: Wall Furnace
- Heating Fuel: Wall Furnace
- Water Heater: Electric
Utilities
- Sewer: City
- Water: City
Structural Information
- Roof: Composition
- Square Feet: 2,282
- Year Built: 1925
Unit Information
- Units in Building: 4
Unit 1
- Square Feet: 660
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Square Feet: 558
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Square Feet: 614
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Square Feet: 450
- Level: Fidelity
- Total Bathrooms: 1
- Bedrooms: 1
Unit 5
- Square Feet: 1
Unit 6
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 614
- Frontage Feet: 558
- Lot Description: 6
Financial Considerations
- Price Per Sq. Ft.: $227.87
- Price Per Acre: $4,076,923.08
- Assessment Year: 1925
- Tax Amount: $3,638
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 6
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Schools
Schools serving 771 21st St SE
School District:Salem-Keizer School District 24j
| Name | Grades | Distance |
|---|---|---|
Richmond Elementary School 466 Richmond Avenue Southeast, Salem, OR 97301 | K-5 | 0.3 mi |
Leslie Middle School 3850 Pringle Road Southeast, Salem, OR 97302 | 6-8 | 2 mi |
South Salem High School 1910 Church Street Southeast, Salem, OR 97302 | 9-12 | 1.1 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 771 21st St SE
Date
Details
Price
Change
Source
8/31/2026
Sold
$520,000
-1.89%
MLS
7/30/2026
Price Reduced
$530,000
-3.64%
MLS
5/14/2026
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
771 21st St SE, Salem, OR 97301 (MLS# 841069) is a Multi-Family property that was sold at $520,000 on August 31, 2026. Want to learn more about 771 21st St SE? 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.

