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Listing provided courtesy of EXP REALTY, LLC: 888-814-9613.

771 21st SE

Salem, OR 97301
  • $560,000
  • STATUS: Active
  • ON SITE: 219 Days
  • MLS #: 832217
UPDATED: 57 min ago
$560,000
  • 4
    BEDS
  • 0.13
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,282
    SQFT
  • $245
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1925
County:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of EXP REALTY, LLC: 888-814-9613. Listing information © 2026 Willamette Valley Multiple Listing Service



Description

4 plex investor opportunity in central Salem with potential to assume FHA mortgage at 2.75%! This detached 4-plex offers four 1-bedroom, 1-bath units—each with its own private entrance, electric meter, and water heater. The original home was extensively remodeled and partially rebuilt in 1990–91, blending character with modern updates.Recent improvements, a newer roof (approx. 5–10 years old), updated water heaters, new flooring, and ongoing maintenance. Seller related to listing agent.

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Willamette Valley MLS logo © 2026 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2026-03-12T12:08:47.403.
www.suelongrealty.com/homes/166579094
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771 21st SE Salem, OR 97301

  • Price: $560,000
  • Status: Active
  • On Site: 219 Days
  • Updated: 57 min ago
  • MLS #: 832217
4
Beds
4
Baths
0
½ Baths
0.13
Acres
2,282
SQFT
$245
$/SQFT
1925
Built
Neighborhood:
J Meyers Add To Salem
County:
Marion
Area:
20 CENTRAL SALEM
Elementary School:
Richmond
Middle School:
Leslie
High School:
South Salem
Property Description
4 plex investor opportunity in central Salem with potential to assume FHA mortgage at 2.75%! This detached 4-plex offers four 1-bedroom, 1-bath units—each with its own private entrance, electric meter, and water heater. The original home was extensively remodeled and partially rebuilt in 1990–91, blending character with modern updates.Recent improvements, a newer roof (approx. 5–10 years old), updated water heaters, new flooring, and ongoing maintenance. Seller related to listing agent.
Exterior Features

Fenced Yard Yes Landscape Yes Lot Type Common Area Roof Composition Siding Wood Siding Style Lap

Interior Features

Dishwasher Yes Flooring Luxury Vinyl Plank Heating Wall Furnace Laundry Laundry Center Unit1 Baths 1 Unit1 Bedrooms 1 Unit2 Baths 1 Unit2 Bedrooms 1 Unit3 Baths 1 Unit3 Bedrooms 1 Unit4 Baths 1 Unit4 Bedrooms 1 Water Heater Electric

Property Features

Assessments Or Liens No Cross Street Lee Street Flood Plain Unknown High Speed Comm Access Available Homeowners Association No Association Multifamily Type 4-Plex New Construction No Possession COE Property Use Type Investment Sewer City Tax Amount 3376 Tax Years 2024 Terms Seller Will Consider Assume Present FinancingCashConventionalFederal VAFHA Water City Zoning RM2

© 2026 Willamette Valley Multiple Listing Service. All rights reserved.


Willamette Valley MLS logo © 2026 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2026-03-12T12:08:47.403.
 
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Keller Williams Mid-Willamette
201 NW 3rd St
Corvallis OR, 97330
Listing provided courtesy of EXP REALTY, LLC: 888-814-9613. Listing information © 2026 Willamette Valley Multiple Listing Service