Benedicte Carbonnier - Coldwell Banker Walla Walla Logo
$789,900
 $4,240 est/mo Sourced by Back At You

1207 D St,Salem, OR 97301

Salem, OR 97301

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Description

Turnkey 6-unit multifamily in Salem's Northeast Neighbors district - 100% occupied, fully documented financials. Several units recently refreshed (new flooring, appliances, paint); in-place rents below market with upside as leases turn. 2025 saw heavy one-time capital investment; 2026 shows strong recovery already underway. New owner benefits from current owner's investments! Directly across from Parrish Middle School and North Salem High School, within a mile of the Oregon State Capitol, Willamette University, Salem Hospital, and Oregon State Hospital - major, stable employment anchors.

Details

MLS #605231333
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1962
Days On Site47
Listing Provided ByEpique Realty | Benjamin Nelson

Features

SQ Feet3,936
BasementY
Story(s)2
Units6
ZoningRM2
Acreage0.30

Interior

HeatingWall Heater
Heating YnNo
CoolingWall Unit
Cooling YnYes

Exterior

RoofMetal
Security FeaturesSecurity Gate
Foundation DetailsConcrete Perimeter
Lot FeaturesLevel

Parking

Attached Garage YnNo
Parking FeaturesOff Street

Taxes

Property4818

Area Information

StateOR
CountyMarion
CitySalem
Zip Code97301
School DistrictNorth Salem
Elementary SchoolEnglewood
High SchoolNorth Salem
Listing VS Median (in 97301)
Price:
$789,900
low | high
Med:
$412,448
97.784846183061% of Average
sqft:
3,936
low | high
Med:
1,381
100% of Average
$ / sqft:
$201
low | high
Med:
$301
2% of Average
On site:
47
low | high
Med:
63.5
74.015748031496% of Average
Sourced by Back At You

Market Activity 97301

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Contact

Learn More About This Property

Benedicte Carbonnier

Benedicte Carbonnier

Coldwell Banker Walla Walla

 (509) 730-9755benedicte@wallawallacb.com
StateOR
CountyMarion
CitySalem
Zip Code97301
School DistrictNorth Salem
Elementary SchoolEnglewood
High SchoolNorth Salem
Listing VS Median (in 97301)
Price:
$789,900
low | high
Med:
$412,448
97.784846183061% of Average
sqft:
3,936
low | high
Med:
1,381
100% of Average
$ / sqft:
$201
low | high
Med:
$301
2% of Average
On site:
47
low | high
Med:
63.5
74.015748031496% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $592K - $987K
sqft: 2,500 - 4,500
Nearby Listings Property ImageNearby Listings Details
589 KNAPP PL Property Photo 1
$495,950
589 Knapp Pl
Salem, OR 97301
Listing Updated: September 18, 2026 at 11:24:06 PM PDT