This two-story duplex is being offered as part of a 13-property, 43-unit residential portfolio that is 98% leased and will be sold via Sealed Bid Auction on June 3, 2026. Built in 2009, the duplex is located in NE Salem near NE Broadway with convenient access to I-5, downtown Salem, the State Capitol, and Willamette University. Each unit offers 4 bedrooms, 2 bathrooms, and an attached garage, and has historically been leased to college students at $625 per bedroom ($2,500 per unit). Current one-year leases expire in June. The property includes a small fenced backyard and offers potential for owner occupancy. Projected 2026 gross income is $60,000, with real estate taxes of $6,783. Landlord pays water, sewer, trash, and landscaping.
Listing Provided Courtesy of John Rosenthal, Realty Marketing / Northwest
General Information
480831628
1
DOM
8
6098.4 SqFt
4
6007
2009
RM2
Marion
584530
Other
Parrish 4/10
North Salem 4/10
MultiFamily
P.P. 2009-008, PARCEL 2
Listing Provided Courtesy of John Rosenthal, Realty Marketing / Northwest
Krishna Realty data last checked: Apr 22, 2026 16:58 | Listing last modified Apr 22, 2026 10:30,
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Residence Information
6007
8
4
Composition
2,
Garage
2
2009
No
CementSiding, LapSiding
None
None
Slab
Features and Utilities
CentralAir
Electricity
ForcedAir
PublicSewer
Electricity
Electricity
Financial
6783.78
0
MaintenanceGrounds,Sewer,TrashCollection,Water
Cash
04-21-2026
No
No
Comparable Information
1
1
Cash
Apr 22, 2026 10:30
Schools
Elementary : OtherN/ARatingspublic Middle : Parrish
4/10Ratingspublic High : North Salem
4/10Ratings
This two-story duplex is being offered as part of a 13-property, 43-unit residential portfolio that is 98% leased and will be sold via Sealed Bid Auction on June 3, 2026. Built in 2009, the duplex is located in NE Salem near NE Broadway with convenient access to I-5, downtown Salem, the State Capitol, and Willamette University. Each unit offers 4 bedrooms, 2 bathrooms, and an attached garage, and has historically been leased to college students at $625 per bedroom ($2,500 per unit). Current one-year leases expire in June. The property includes a small fenced backyard and offers potential for owner occupancy. Projected 2026 gross income is $60,000, with real estate taxes of $6,783. Landlord pays water, sewer, trash, and landscaping.
