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Listed by EMILY EVERHART • HARCOURTS ELITE • CELL: 971-237-9498
$ 740,000
Est. payment /mo
New
4803 Future Rd NE NE Salem, OR 97305
8 Beds
3,790 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 4-Plex
Listing Status Active
Purchase Type For Sale
Square Footage 3,790 sqft
Price per Sqft $195
Subdivision Mcnary Homes Add
MLS Listing ID 828178
Bedrooms 8
Year Built 1970
Annual Tax Amount $6,333
Tax Year 2024
Lot Size 0.430 Acres
Acres 0.43
Property Sub-Type 4-Plex
Property Description
Turn-Key Fourplex in Prime Salem Location – Ideal Investment Opportunity!Welcome to 4803, 4813, 4823, and 4833 Future Rd NE – a well-maintained and fully occupied fourplex in a quiet residential neighborhood of northeast Salem. This property features four spacious 2-bedroom, 1-bathroom units, each offering comfortable living spaces, abundant natural light, and private garage parking. Well was done in 2022. Two units were recently updated in 2024 with modern finishes, while the other two were remodeled in 2014—offering a great balance of contemporary updates and long-term reliability. Each unit is separately metered for electricity, and tenants enjoy on-site laundry facilities and extra storage space. Situated on a 0.22-acre lot, this income-producing property has a strong rental history and consistent tenant occupancy. Major recent improvements include a new roof installed in 2022 and newer windows throughout, ensuring minimal maintenance costs for years to come. Just minutes from shopping, schools, public transit, and major commuter routes, this fourplex presents a fantastic opportunity for the savvy investor looking to expand their portfolio or generate reliable monthly cash flow. Don't miss your chance to own a solid multi-family asset in one of Salem's most desirable rental corridors!
Location
State OR
County Marion
Area 35 Suburban E Salem/South
Rooms
Dining Room Area (Combination)
Interior
Hot Water Electric
Heating Electric, Baseboard
Flooring Carpet, Laminate, Vinyl
Laundry Laundry Center
Exterior
View Territorial
Roof Type Built-Up
Building
Foundation Continuous
Sewer City
Water City
New Construction No
Schools
Elementary Schools Swegle
Middle Schools Waldo
High Schools Mckay
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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