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4125 4135 Portland NE Rd, Salem, OR 97301

$675,000
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Property Description

Investment opportunity! 2 tax lots for a total of .82 acre. This Salem MU-lll mixed use zoning allows for residential, retail, offices etc. You decide upon buyer due diligence! There are currently two-2/1 duplexes, a 3/1 house & a 2/1 studio apt. The shed up front (no value) houses 1 of 2 wells, the 2nd one is in the basement of rented house. Cash only, AS-IS sale. Potential abounds! Do not disturb tenants. Drive by viewing only.

4125 4135 Portland NE Rd | MLS# 512366581

This multi-family property located at 4125 4135 Portland NE Rd, Salem, OR 97301 is currently listed for sale with an asking price of $675,000. Search Salem real estate on katiemcginnis.bendpremierrealestate.com today.

MLS#512366581
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Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Fuel Type: Electricity
Heating: Wall Furnace
Roof Type: Composition
Taxes: $6,116
Year Built: 1950

Units

Unit Type 1:
Bathroom(s): 2
Bedrooms: 4
Features: Range, WoodFloors
Rent: $950.00
Square Footage: 710
Total Units: 2
Unit Type 2:
Bathroom(s): 2
Bedrooms: 4
Features: Range, WoodFloors
Rent: $950.00
Square Footage: 710
Total Units: 2
Unit Type 3:
Bathroom(s): 1
Bedrooms: 3
Features: Range, WoodFloors
Rent: $1145.00
Square Footage: 1408
Total Units: 1
Unit Type 4:
Bathroom(s): 1
Bedrooms: 2
Features: Range, WoodFloors
Rent: $750.00
Square Footage: 720
Total Units: 1

Feature Descriptions

Days on Site: 71
Exterior: Wood Siding
Gross Income: $68340.00 (Actual)
Lot: On Busline
Net Income: $68340.00 (Actual)
Operating Expenses: $22106.00 (Actual)
Parking: Open
Parking Notes: Open
Sewer: Public Sewer
Special View Info: Territorial
Units: 6
Water: Well

Local Schools

High School: North Salem
Middle School: Parrish
Elementary School: Highland

Listed By / Shown By

Listed By

Agency Name: Paramount Real Estate Services
Agency Phone: 503-385-1518

Shown By

Agent Name: Katie McGinnis Broker
Agent Phone: (541) 639-9794
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 4,119.71 per month $3,413.17 Principal & Interest $509.67 Property Tax $196.88 Homeowner's Insurance

Change Payment Information

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550 NW Franklin Ave., Suite 108
Bend, OR 97703
(541) 639-9794
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 06/04/2026. The listing information on this page last changed on 06/04/2026. 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 Thu 06/04/2026 12:01:11 AM EST) or RMLS (last updated Wed 06/03/2026 11:58:24 PM EST) or COAR/MLSCO (last updated Wed 06/03/2026 11:51:27 PM 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.

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