(541) 280-9701
Sign Up Login
Refine Search

241 NW 25th St, Salem, OR 97301

$950,000

7 Total Photos [Click to View All]

Property Description

Worth another look! Updated price reflects brand new exterior paint, fencing & repairs-this is a true turnkey 4-unit investment. One 4-bed unit is vacant, ideal for owner-occupant or renting at market rate. Purpose-built with 14 beds, 8 baths total, newer roof, fiber cement siding, on-site laundry & ample parking. Low-maint, low-expense property in a convenient location with great cash flow & market upside. Rare unit mix: (3) 4-bed + (1) 2-bed. Separate electrical meters. More info available-call today!

241 NW 25th St | MLS# 254623360

This multi-family property located at 241 NW 25th St, Salem, OR 97301 is currently listed for sale with an asking price of $950,000. Search Salem real estate on www.williamraven.realtor today.

Property Features

Property Type: Multi Unit - Multiple
Fuel Type: Electricity
Heating: WallHeater
Roof Type: Composition
Stories: 1.0
Taxes: $8,348
Year Built: 1996
Square Feet: 4,292

Units

Unit Type 1:
Bathroom(s): 2
Bedrooms: 4
Features: Dishwasher, Range, Refrigerator
Rent: $1568.00
Square Footage: 1073
Total Units: 1
Unit Type 2:
Bathroom(s): 2
Bedrooms: 4
Features: Dishwasher, Range, Refrigerator
Rent: $1750.00
Square Footage: 1073
Total Units: 1
Unit Type 3:
Bathroom(s): 2
Bedrooms: 4
Features: Dishwasher, Range, Refrigerator
Square Footage: 1073
Total Units: 1
Unit Type 4:
Bathroom(s): 2
Bedrooms: 2
Features: Dishwasher, Range, Refrigerator
Rent: $1500.00
Square Footage: 1000
Total Units: 1

Feature Descriptions

Days on Site: 346
Exterior: Cement Siding, Lap Siding
Gross Income: $76524.00 (Actual)
Hot Water: Electricity
Net Income: $53000.00 (Actual)
Operating Expenses: $23524.00 (Actual)
Parking: OffStreet, Paved
Parking Notes: OffStreet, Paved
Sewer: Public Sewer
Units: 4
Water: Public Water

Local Schools

High School: South Salem
Middle School: Other
Elementary School: Other

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty Mid-Willamette
Agency Phone: 541-738-7770

Shown By

Agent Name: William Raven Broker
Agent Phone: (541) 280-9701
Agency Title: Bend Premier Real Estate

IDX logo

Estimate Your Payment

Estimated Payment

$ 5,776.47 per month $4,803.72 Principal & Interest $695.67 Property Tax $277.08 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/03/2026. The listing information on this page last changed on 03/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 03/03/2026 12:04:50 AM EST) or RMLS (last updated Mon 03/02/2026 11:58:17 PM EST) or COAR/MLSCO (last updated Tue 03/03/2026 12:01:16 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Privacy Policy / DMCA Notice / ADA Accessibility

Login to My Homefinder

Pixel