1425 TRADE ST SE Salem, OR97301
$485,000
6 total units
1 total bedrooms
1 total bathrooms
$50,400 annual income
Capitilization Rate: 6.94
550 total sq. ft
7,000 to 9,999 SqFt
Elementary School: Bush
Middle School: Leslie
High School: South Salem
Zoning: RM2
1198 days on market
VestorFilter™
Price per unit$80.8K/unit
Price per ft²$881.82/ft²
Price per acre$2.95M/ac
Price per bedroom$485K/bed
Time on market1198 days
Smart Fixer ListYes
Property Description
Estate Sale: CASH ONLY, Six unit apartment building. In 2009, upgraded kitchens, carpet and flooring. Needs work. Shared fenced yard. Walking distance to, dining, down town, shopping, local transit. Please do not disturb tenants. Perfect for University Students.
{{ compliance-logo }}Listing Provided By Pete Anderson Realty Assoc,Inc
Financial Data
Date Sold2021-06-02
Sold Price$485,000
Price ChangeIncreased $435,000 on 06/03/2021
Total $140,000 drop
Total $140,000 drop
Original Price$625,000
Current Price$485,000
Property Taxes$3,802
Find On Map
Home Facts
StatusSold
Year Built1946
Exterior Features
MLS ID21070654
Unit Details
Unit 1