230 49th Ave Sweet Home - 1230 49th Ave

Sweet Home, OR 97386

• Investment Property
• Multifamily for Sale
• $862,012 CAD
• 2,496 SF

Sweet Home Multifamily for Sale - Linn County

New construction duplex. Situated on a large 0.26 acre corner lot. Wonderful floor plan, all single level with three bedrooms and two full bathrooms in each unit. Washer and dryer hook ups. Solid surface countertops in kitchen and bathrooms. LVP flooring. One car garage for each side. Plenty of extra parking in the driveway and on street. Both units come with a range, microhood, dishwasher and refrigerator.

Contact:

SMI Real Estate

Property Subtype:

Multi Family

Date on Market:

2025-12-17

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1625 SE Cortland Ave

Dallas, OR 97338

• Investment Property
• Multifamily for Sale
• $841,621 CAD
• 2,429 SF

Dallas Multifamily for Sale - Polk County

Dallas duplex. Conveniently located in good neighborhood with schools nearby. Larger unit 2 level with vaulted ceiling, 3 bed / 2 bath. Smaller unit 1 level 2 bed / 2 bath. Ideal for a multi generational home. Spacious exterior has independent fenced yards, underground sprinkler system. Interior upgrades. Please do not disturb the tenants.

Contact:

SMI Real Estate

Property Subtype:

Multi Family

Date on Market:

2025-11-13

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505 & 511 Woodland Dr NW Salem OR 97304 - 505 Woodland Dr NW

Salem, OR 97304

• Investment Property
• Multifamily for Sale
• $728,037 CAD
• 2,367 SF

Salem Multifamily for Sale - Polk County

Built in 2001, this nicely appointed townhome style duplex is located off Eola in NW Salem. Each unit has a living room, dining room, kitchen, laundry space/room, 2 bedrooms and 1.5 bathrooms. Great opportunity to live in one unit and rent out the other for extra income! Units have direct access to a garage or covered breezeway to garage, plus one driveway space for parking. Close to West Salem shopping and restaurants. Do not disturb the residents.

Contact:

SMI Real Estate

Property Subtype:

Multi Family

Date on Market:

2025-11-13

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Tax Lot 200 - Walker Rd NE

Salem, OR 97305

• Investment Property
• Land for Sale
• $540,554 CAD
• 4.14 AC Lot

Salem Land for Sale - Marion County

4.14 acre parcel with development potential under UT-10 zoning, ideal for either multi-family or single-family residential development. Located in a growing, well-connected area with easy access to major thoroughfares, schools, shopping, and employment centers, this property provides flexibility for a variety of concepts.

Contact:

Hancock Real Estate

Property Subtype:

Residential

Date on Market:

2025-11-03

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2451-2473 Trade St SE

Salem, OR 97301

• Investment Property
• Multifamily for Sale
• $2,326,433 CAD
• 4,452 SF

Salem Multifamily for Sale - Marion County

PRICE REDUCED. SELLER SAYS BRING ALL OFFERS. Perfect property for 1031 Exchange. Fully renovated in 2022. New roofs, windows, siding, electrical, plumbing, appliances, disposals, water heaters, counter tops and flooring. Duplex plus 9 cottages. Onsite parking and laundry. Central location. Cottages provide tenants with independent living opportunity. Fully occupied. Be sure to capture 100% Bonus Depreciation.

Contact:

Omnivest LLC, Commercial Real Estate

Property Subtype:

Apartment

Date on Market:

2025-10-31

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201-307 Trees Ct

Silverton, OR 97381

• Investment Property
• Multifamily for Sale
• $9,921,552 CAD
• 36,000 SF

Silverton Multifamily for Sale - Marion County

NEW TO MARKET: 7.43% pro-forma cap rate! Trees Court is a 30-unit, single-level duplex/triplex style community with significant value-add upside in one of Salem’s most desirable suburban rental submarkets. Trees Court is located in Silverton, a historically strong performing submarket with low vacancy and room to grow rents. The units were built at various times starting in 1980 and currently consist of 14 buildings on 5.5 acres of land. The unit mix is comprised of 25 two-bed/one-bath units and 5 two-bed/two-bath units averaging ±1,200 SF, each with attached garages in between units for near zero shared walls, creating a true single-family neighborhood feel. Located just blocks from historic downtown, this neighborhood of plexes blends suburban calm with walkable convenience. Tenants enjoy the abundant green space with individual front and private, fenced backyards, of f-street parking, private garages, and in-unit washer/dryer. Approximately 25% of the units have been substantially renovated over the last couple years with the most recently turned unit renting for $2,025. Renovations include luxury vinyl plank flooring, new kitchens and new fixtures. With the current average rents for all units at $1,608 (~21% below market) and the unrenovated units averaging $1,445 (~29% below market), the property has significant value-add for a new investor through a proven renovation model. Other recent capital improvements include new exterior paint on all buildings, roof replacements, and a seal coat of the street. Trees Court is conveniently located in a residential neighborhood within walking distance of Silverton’s quaint and charming downtown. Silverton is only 15 miles from Salem and 48 miles from Portland, making it a popular day trip for tourists and bedroom community for those wanting to live in a small town but work in larger urban areas.

Contact:

Kidder Mathews

Property Subtype:

Apartment

Date on Market:

2025-10-24

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246 State St

Salem, OR 97301

• Investment Property
• Retail for Sale
• $1,430,072 CAD
• 4,573 SF

Salem Retail for Sale - Marion County

The Historic Tiger Engine Co. No. 2 Fire House! Discover a unique owner-user opportunity or investment opportunity with tremendous rental upside. This gorgeous, remodeled historic 4,573 +/-sq. ft. building, constructed in the 1900s, features a perfectly suited street retail or office space on the ground floor and two separate vacation rental units located on the 2nd floor (1 bed/1 bath & 2 bed/1 bath). Zoned CB and nestled within the Salem Downtown Historic District overlay zone, this property boasts a rich history as Salem's second firehouse in the 1900s. With its timeless character and prime location, it offers the perfect blend of charm and functionality, making it an ideal choice for investors looking to capitalize on the growing demand for unique rental spaces and housing. Don’t miss out on this exceptional opportunity!

Contact:

Coldwell Banker Commercial Mountain West

Property Subtype:

Storefront Retail/Residential

Date on Market:

2025-08-02

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5287 Baxter Ct SE Salem - 5287 Baxter Ct SE

Salem, OR 97306

• Investment Property
• Multifamily for Sale
• $670,423 CAD
• 2,256 SF

Salem Multifamily for Sale - Marion County

Showings upon accepted offer to purchase. Please do not disturb the residents. Solid investment opportunity in a prime location. Townhome style duplex located on a cul-de-sac with close proximity to south I-5. Units are 2 bed / 1.5 bath with 1-car garages. Constructed in 1977. Units offer garages, driveway parking, washer/dryer hookups, dishwashers, fireplaces, and A/C, with large back yards and decks. Duplex is located off south Commercial Road and Baxter Road, offering easy access to transportation and shopping. Tenants pay electricity, gas, garbage, and cable. Showings upon accepted offer to purchase. Please do not disturb the residents.

Contact:

SMI Real Estate

Property Subtype:

Multi Family

Date on Market:

2025-07-13

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