620 RATCLIFF DR SE Salem, OR97302

$586,000
2492 total units
8 total bedrooms
4 total bathrooms
$36,600 annual income
Capitilization Rate: 3.82
3344 total sq. ft
7,000 to 9,999 SqFt
Elementary School: McKinley
Middle School: Leslie
High School: South Salem
Zoning: RM2
1144 days on market

VestorFilter™

Price per unit$0.2K/unit
Price per ft²$175.24/ft²
Price per acre$3.56M/ac
Price per bedroom$73.3K/bed
Time on market1144 days
620 RATCLIFF DR SE (1 of 1)

Property Description

GREAT INVESTMENT OPPORTUNITY! 4-plex near heart of South Salem with great rental history and many updates. Recent updates include: new roof, new vinyl windows, exterior paint, and laminate flooring. Each unit comes with a one car detached garage.

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Financial Data

Date Sold2021-04-27
Sold Price$586,000
Original Price$599,900
Current Price$586,000
Property Taxes$5,124

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Home Facts

StatusSold
Year Built1977
Stories2
Exterior Features
MLS ID21128228

Unit Details

Unit 1
Unit 2
Unit 3
Unit 4
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