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$1,190,000

  • Sold
  • Closed
  • Multi-Family
  • 11 Total Beds
  • Updated 4 hours ago

Listed By: JOSH. GLASPIE | Icon Real Estate Group | (541) 359-9132
Sold by DIETER. WEHNER | iHOMES | CELL: 541-359-9132

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Exceptional investment opportunity in West Salem! This well-maintained 8-unit apartment complex offers a strong income-producing asset in a desirable location close to schools, shopping, parks, and downtown Salem. Built in 1978 this property has been well maintained with a newer 5 year old roof, and possibility to be split into two separate 4-plexes. Property has convenient dedicated parking lot with 16 spaces. On site laundry that produces extra income.

Full Property Details for 805 Gerth Ave NW

General

  • Sold For: $1,190,000
  • Taxes: $8,203 (2025)
  • Status: Closed
  • Type: Multi-Family
  • Source: WVMLS
  • MLS ID: 842868
  • Added to Site: 18 day(s) ago

Interior

  • Flooring: Carpet, Luxury Vinyl Plank

Rooms

Bathrooms

  • Total Bathrooms: 8

Bedrooms

  • Total Bedrooms: 11

Location

  • County: NORTHWEST SALEM

School Information

  • Elementary School: Myers
  • Middle School: Walker
  • High School: West Salem

Heating & Cooling

  • Heating Type: Baseboard
  • Heating Fuel: Baseboard
  • Furnaces: 2640
  • Water Heater: Electric

Utilities

  • Sewer: City
  • Water: City
  • # Electric Meters: 1716

Structural Information

  • Square Feet: 6,200
  • Below Ground: 5,526 Sq. Ft.
  • Year Built: 1978

Unit Information

  • Units in Building: 8
  • Units w/Range/Oven: 30940

Unit 1

  • Square Feet: 794
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Square Feet: 595
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Square Feet: 595
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 5

  • Square Feet: 2

Unit 6

  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.43
  • Lot Size (Sq. Ft.): 595
  • Frontage Feet: 595
  • Zoning: RM2
  • Lot Description: 8

Financial Considerations

  • Price Per Sq. Ft.: $191.94
  • Price Per Acre: $2,767,441.86
  • Assessment Year: 1978
  • Tax Amount: $8,203
  • Tax Year: 2025

Disclosures and Reports

  • Lot Number: 8

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NMLS#: 1598647

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with our affiliated lender
NMLS#: 1598647

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Schools serving 805 Gerth Ave NW

School District:Salem-Keizer School District 24j
NameGradesDistance
Myers Elementary School
2160 Jewel Street Northwest, Salem, OR 97304
K-50.7 mi
Walker Middle School
1075 8th Street Northwest, Salem, OR 97304
6-80.1 mi
West Salem High School
1776 Titan Drive Northwest, Salem, OR 97304
9-121.4 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 805 Gerth Ave NW

Date
Details
Price
Change
Source
7/14/2026
Sold
$1,190,000
—
MLS
6/29/2026
Listed
$1,190,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Just Listed near 805 Gerth Ave NW

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5646 Takelma Ct NE, Keizer, OR 97303 - Photo 1 Just Listed
$525,000

5646 Takelma Ct NE  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 6 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,609
    Sq. Ft.
Listed by ICON Real Estate Group, Joshua Glaspie
5646 Takelma Ct NE, Keizer, OR 97303 - Photo 1 Just Listed
$525,000

5646 Takelma Ct NE  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 6 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,609
    Sq. Ft.
Listed By: JOSH. GLASPIE | Icon Real Estate Group
1073 Rafael Ave N, Keizer, OR 97303 - Photo 1 Just Listed
$539,900

1073 Rafael Ave N  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 5 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,908
    Sq. Ft.
Listed by Cascade Hasson Sotheby's International Realty, Jodi Cvar
5411 Kafir Dr NE, Keizer, OR 97303 - Photo 1 Just Listed
$449,900

5411 Kafir Dr NE  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 11 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,560
    Sq. Ft.
Listed By: CAMILLE. OLIVEIRA | Simplihom

Price Reduced near 805 Gerth Ave NW

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2245 NE Rock Ledge Dr, Keizer, OR 97303 - Photo 1 Price Reduced
-$6,000 (-1.19%)
$499,000
Open House

2245 NE Rock Ledge Dr  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 7 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,639
    Sq. Ft.
Listed by Julie Summers (503) 866-3205
1462 Barnick Rd, Keizer, OR 97303 - Photo 1 Price Reduced
-$16,000 (-2.78%)
$559,000

1462 Barnick Rd  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 5 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 2,195
    Sq. Ft.
Listed by HomeSmart Realty Group, Chris Forrette
624 Fall Creek Dr N, Keizer, OR 97303 - Photo 1 Price Reduced
-$5,000 (-0.9%)
$550,000
Open House

624 Fall Creek Dr N  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 3 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,323
    Sq. Ft.
Listed By: LESLIE. NICHOLAS | Berkshire Hathaway Homeservices Northwest Real Estate
6946 Ridgetop (-6948) Dr NE, Keizer, OR 97303 - Photo 1 Price Reduced
-$10,000 (-1.77%)
$555,000

6946 Ridgetop (-6948) Dr NE  Keizer, OR 97303

  • Duplex
  • Active
  • Updated 3 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 2,918
    Sq. Ft.
Listed By: DOUG. BURTON | Re/Max Integrity Albany Branch

Recent Sales near 805 Gerth Ave NW

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875 Gerth Ave NW, Salem, OR 97304 - Photo 1 Sold
$1,190,000

875 Gerth Ave NW  Salem, OR 97304

  • Multi-Family
  • Sold
  • Updated 2 hours ago
Listed by ICON Real Estate Group, Joshua Glaspie
Sold by iHomes, Dieter Wehner
345 Norway St NE, Salem, OR 97301 - Photo 1 Sold
$1,295,000

345 Norway St NE  Salem, OR 97301

  • Multi-Family
  • Closed
  • 16
    Total Beds
Listed By: MICHAEL. LOWERY | Homesmart Realty Group
Sold by JONATHAN. CASTRO MONROY | Smi Real Estate
648-658 Breys Av NE, Salem, OR 97301 - Photo 1 Sold
$1,030,000

648-658 Breys Av NE  Salem, OR 97301

  • Multi-Family
  • Closed
  • 12
    Total Beds
Listed By: DANA and ALAN. BURK | Keller Williams Capital City and ASHLEY DIANE. WINGETT | Keller Williams Capital City
Sold by JORDYN. JONES | The Agency Portland
1440 Rafael Ave N, Keizer, OR 97303 - Photo 1 Sold
$1,100,000

1440 Rafael Ave N  Keizer, OR 97303

  • Single Family
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 2,603
    Sq. Ft.
Listed By: CHUN. TRUONG | Homesmart Realty Group
Sold by ANA. SOLORIO ARREDONDO | Harcourts Lifestyle Realty

805 Gerth Av NW, Salem, OR 97304 (MLS# 842868) is a Multi-Family property that was sold at $1,190,000 on July 14, 2026. Want to learn more about 805 Gerth Av NW? 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.