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$540,000

  • Sold
  • Closed
  • Multi-Family
  • 4 Total Beds

Listed and Sold by JOEL. GANDER | Gander Property Group | (503) 559-4110 | Cell: 503-559-4110

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Great income property! Conveniently located 4-plex with long term tenants. featuring updated units exterior paint, new lifetime metal roof. Property has off street parking. Basement set up for coin-op laundry on its own meter. Buyer to due their own due diligence on other possible uses. 3 units on 1 year leases 1 unit on month to month.

Full Property Details for 952 Gaines St NE

General

  • Sold For: $540,000
  • Taxes: $3,466 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: WVMLS
  • MLS ID: 826319
  • Added to Site: 313 day(s) ago

Interior

  • Flooring: Carpet, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Location

  • County: CENTRAL SALEM
  • Subdivision: Mccoys addition
  • Driving Directions: I5 to market St to Capitol to Gaines

School Information

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

Heating & Cooling

  • Heating Type: Electric
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: City
  • Water: City

Structural Information

  • Basement Desc.: Full
  • Roof: Metal or Aluminum
  • Square Feet: 2,200
  • Below Ground: 120 Sq. Ft.
  • Finished Total: 30 Sq. Ft.
  • Year Built: 1950

Unit Information

  • Units in Building: 4

Unit 1

  • Square Feet: 550
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Square Feet: 550
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Square Feet: 550
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Square Feet: 550
  • Level: Ticor
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 5

  • Square Feet: 1

Unit 6

  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.15
  • Lot Size (Sq. Ft.): 550
  • Frontage Feet: 550
  • Lot Description: 9

Financial Considerations

  • Price Per Sq. Ft.: $245.45
  • Price Per Acre: $3,832,666.67
  • Assessment Year: 1950
  • Tax Amount: $3,466
  • Tax Year: 2024

Disclosures and Reports

  • Lot Number: 9

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NMLS#: 1598647

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Schools serving 952 Gaines St NE

School District:Salem-Keizer School District 24j
NameGradesDistance
Grant Community School
725 Market Street Northeast, Salem, OR 97301
PK-50.2 mi
Parrish Middle School
802 Capitol Street Northeast, Salem, OR 97301
6-80.3 mi
North Salem High School
765 14th Street Northeast, Salem, OR 97301
9-120.4 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 952 Gaines St NE

Date
Details
Price
Change
Source
8/01/2025
Sold
$540,000
-6.07%
MLS
4/23/2025
Price Reduced
$574,900
-4.17%
MLS
3/10/2025
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.

Just Listed near 952 Gaines St NE

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896 Moneda Ave N, Keizer, OR 97303 - Photo 1 Just Listed
$469,900

896 Moneda Ave N  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 15 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,484
    Sq. Ft.
Listed By: CARA N. HAGE | Cambern Homes Llc
1186 Glazemeadow St NE, Keizer, OR 97303 - Photo 1 Just Listed
$520,000

1186 Glazemeadow St NE  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 18 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,704
    Sq. Ft.
Listed By: SABRINA. MCCREERY | Re/Max Integrity - Salem
5425 Bundy Ave N, Keizer, OR 97303 - Photo 1 Just Listed
$440,000

5425 Bundy Ave N  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 5 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,476
    Sq. Ft.
Listed By: NEREYDA. AGUIRRE | Exp Realty, Llc
1865 Manzanita St, Keizer, OR 97303 - Photo 1 Just Listed
$419,000

1865 Manzanita St  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 16 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,431
    Sq. Ft.
Listed By: LAURA. GILLOTT | Keller Williams Realty Mid-Willamette - Gillott Team and MARYANN. HONEYMAN | Keller Williams Realty Mid-Willamette - Gillott Team

Price Reduced near 952 Gaines St NE

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6708 14th Ave NE, Keizer, OR 97303 - Photo 1 Price Reduced
-$17,000 (-3.05%)
$540,000

6708 14th Ave NE  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 4 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,407
    Sq. Ft.
Listed by Windermere Heritage, Rhonda Smith
521 Chemawa Rd N, Keizer, OR 97303 - Photo 1 Price Reduced
-$25,000 (-5.56%)
$425,000

521 Chemawa Rd N  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 1 day ago
  • 5
    Beds
  • 3
    Total Baths
  • 3,697
    Sq. Ft.
Listed By: SAM. LABBE | Coldwell Banker Mountain West Real Estate, Inc.
3984 Pleasant View Dr NE, Keizer, OR 97303 - Photo 1 Price Reduced
-$9,000 (-1.92%)
$460,000

3984 Pleasant View Dr NE  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 2 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,554
    Sq. Ft.
Listed By: CRYSTAL QIAN. HU | Exp Realty, Llc
4742 Rivergrove Ct N, Keizer, OR 97303 - Photo 1 Price Reduced
-$10,000 (-2.11%)
$465,000

4742 Rivergrove Ct N  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,588
    Sq. Ft.
Listed by eXp Realty, LLC, Allyson Puentes

Recent Sales near 952 Gaines St NE

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952 Gaines St NE, Salem, OR 97301 - Photo 1 Sold
$540,000

952 Gaines St NE  Salem, OR 97301

  • Multi-Family
  • Sold
Listed and Sold by Gander Property Group, Joel Gander
1004 Winter St NE, Salem, OR 97301 - Photo 1 Sold
$548,500

1004 Winter St NE  Salem, OR 97301

  • Single Family
  • Closed
  • 4
    Beds
  • 3
    Total Baths
  • 2,035
    Sq. Ft.
Listed By: KELLY. MARTIN | Realty One Group Willamette Valley
Sold by BRYAN. REHNBERG | Premiere Property Group, Llc Albany
635 E St NE, Salem, OR 97301 - Photo 1 Sold
$595,000

635 E St NE  Salem, OR 97301

  • Multi-Family
  • Closed
  • 4
    Total Beds
Listed By: KENNETH. MARSHALL | Vintage Realty Northwest
Sold by SARAH. NOELLE | Keller Williams Capital City
1511 D St NE, Salem, OR 97301 - Photo 1 Sold
$585,000

1511 D St NE  Salem, OR 97301

  • Single Family
  • Closed
  • 6
    Beds
  • 3
    Total Baths
  • 2,747
    Sq. Ft.
Listed By: MICHAEL. WRIGHT | Re/Max Integrity - Salem
Sold by NOM. NON-MEMBER SALE | Non-Member Sale

952 Gaines St NE, Salem, OR 97301 (MLS# 826319) is a Multi-Family property that was sold at $540,000 on August 01, 2025. Want to learn more about 952 Gaines St NE? 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.