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355 King St S - 355 & 357 King St S Salem OR 97302 2 Unit Apartment Building Offered at $475,000 Salem, OR 97302
Executive Summary
Well maintained single-level duplex in desirable South Salem offering an excellent owner-occupant or investment opportunity. Each unit features 2 bedrooms, 1 bathroom, washer & dryer hookups, attached one-car garage, central air, and private backyard space. Property also includes in-ground sprinklers and has been consistently cared for over the years.
One unit is currently vacant, giving you the flexibility to move in or lease at market rate while the occupied unit generates strong income. Tenant pays electric, garbage, and gas.
Please do not disturb the tenants.
One unit is currently vacant, giving you the flexibility to move in or lease at market rate while the occupied unit generates strong income. Tenant pays electric, garbage, and gas.
Please do not disturb the tenants.
Property Facts
| Price | $475,000 | Lot Size | 0.14 AC |
| Price Per Unit | $237,500 | Building Size | 2,086 SF |
| Sale Type | Investment | No. Stories | 1 |
| No. Units | 2 | Year Built | 2014 |
| Property Type | Multifamily | ||
| Zoning | RS | ||
| Price | $475,000 |
| Price Per Unit | $237,500 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Lot Size | 0.14 AC |
| Building Size | 2,086 SF |
| No. Stories | 1 |
| Year Built | 2014 |
| Zoning | RS |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | $1,450 | - |
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
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355 King St S - 355 & 357 King St S Salem OR 97302
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