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Listed by MICHAEL WRIGHT • RE/MAX INTEGRITY - SALEM • Cell: 541-515-0451

$ 1,025,000

Est. payment -/mo

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1214 Dorval Av NW NW Salem, OR 97304

10 Beds

7.5 Baths

6,330 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi- (5+)

Listing Status Active

Purchase Type For Sale

Square Footage 6,330 sqft

Price per Sqft $161

Subdivision 1214-1224 Dorval

MLS Listing ID 827234

Bedrooms 10

Year Built 1977

Annual Tax Amount $7,742

Tax Year 2024

Lot Size 0.340 Acres

Acres 0.34

Property Sub-Type Multi- (5+)

Property Description

Turn-key 5-plex in a prime West Salem location, offered at a 6.5% cap rate. Each unit features 2 bedrooms, 1.5 baths, in-unit laundry, and covered parking—ideal for attracting quality, long-term tenants. Built in 1977 with a history of low vacancy and strong performance. Close to downtown, shopping, hospitals, and major commute routes. Steady cash flow and long-term appreciation makes this a smart addition to your portfolio. Call with questions, invest in your future!

Location

State OR

County Polk

Area 60 Northwest Salem

Rooms

Basement Daylight, Finished

Dining Room Area (Combination)

Interior

Hot Water Electric

Heating Baseboard

Flooring Carpet, Laminate, Vinyl

Fireplaces Type Living Room

Laundry W/D Hookup

Exterior

View Mountain, Territorial

Roof Type Metal or Aluminum

Building

Foundation Continuous

Sewer City

Water City

New Construction No

Schools

Elementary Schools Harritt

Middle Schools Walker

High Schools West Salem

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://my.matterport.com/show/?m=hww5f4dAXBh

James Hauge

Principal Broker | License ID: 200107093

+1(503) 877-2101

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