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$625,000
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Property Description
Creative financing possible, seller is lender and can offer very favorable finance package. Great property for an FHA owner occupied purchase with 3.5% down payment! DO NOT DISTURB TENANTS, all three detached homes are leased. The property consists of two one-bedroom one-bathroom homes, one three-bedroom two-bathroom home, and a two-car garage. Enjoy a hard-to-find 5.75% cap rate on EXISTING leases. Consider converting the garage into a fourth unit. Check out the video, 3D, and floorplan tour.
Full Property Details
Full Property Details for 794 14th (-798) St NE
General
- Sold For: $625,000
- Taxes: $4,274 (2023)
- Status: Closed
- Type: Multi-Family
- Source: WVMLS
- MLS ID: 819799
- Added to Site: 573 day(s) ago
Interior
- Flooring: Laminate, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Location
- County: CENTRAL SALEM
- Subdivision: Parrish B
- Driving Directions: I5 exit 256: W on Market St, Left on 17th St, Right on D St, and Left on 14th St
School Information
- Elementary School: Englewood
- Middle School: Parrish
- High School: North Salem
Heating & Cooling
- Heating Type: Electric, Forced Air, Wall Furnace
- Heating Fuel: Electric, Forced Air, Wall Furnace
- Water Heater: Electric, Gas
Utilities
- Sewer: City
- Water: City, Connected
Structural Information
- Roof: Composition
- Square Feet: 2,255
- Year Built: 1949
Unit Information
- Units in Building: 3
Unit 1
- Square Feet: 576
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Square Feet: 483
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Square Feet: 1196
- Total Bathrooms: 2
- Bedrooms: 3
Unit 4
- Level: Fidelity
Unit 5
- Square Feet: 1
Unit 6
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 1,196
- Frontage Feet: 483
- Lot Description: 1
Financial Considerations
- Price Per Sq. Ft.: $277.16
- Price Per Acre: $3,125,000
- Assessment Year: 1949
- Tax Amount: $4,274
- Tax Year: 2023
Disclosures and Reports
- Block: Whitestone Equities LLC
- Lot Number: 1
- Flood plain: Yes
Get Pre-Approved Today
Schools
Schools serving 794 14th (-798) St NE
School District:Salem-Keizer School District 24j
| Name | Grades | Distance |
|---|---|---|
Englewood Elementary School 1132 19th Street Northeast, Salem, OR 97301 | K-5 | 0.4 mi |
Parrish Middle School 802 Capitol Street Northeast, Salem, OR 97301 | 6-8 | 0.2 mi |
North Salem High School 765 14th Street Northeast, Salem, OR 97301 | 9-12 | 0.1 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 794 14th (-798) St NE
Date
Details
Price
Change
Source
10/02/2024
Sold
$625,000
—
MLS
9/04/2024
Price Increased
$625,000
11.63%
MLS
8/23/2024
Price Reduced
$559,900
-6.67%
MLS
8/05/2024
Listed
$599,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
794 14th (-798) St NE, Salem, OR 97301 (MLS# 819799) is a Multi-Family property that was sold at $625,000 on October 02, 2024. Want to learn more about 794 14th (-798) St NE? Do you have questions about finding other Multi-Family real estate for sale in Highland? You can browse all Highland real estate or contact a Coldwell Banker agent to request more information.

