771 21st St Se, Salem, Oregon 97301

OR, Salem
$575,000
  • 0.13 Acre
  • MultiFamily Property Type
  • 1925 Year Built
  • Active Status
Steven Meyer
Steven Meyer Realtyna
  • (302) 525 8222
  • Steven.m@realtyna.net
  • 200 Continental Drive, Suite 401, Newark, DE 19713 USA
Property Description

Charming detached 4-unit multifamily property ideally situated near downtown Salem, public transit, and local colleges. Each spacious unit features 1 bedroom, 1 bathroom, private entrance, individual electric meter, and separate water heater, offering tenants privacy and convenience. The building underwent a major remodel and partial rebuild in the early 1990s with ongoing updates, including newer water heaters, fresh flooring throughout, and a roof with an estimated 30-year remaining lifespan per 2022 inspection. Residents enjoy dedicated off-street parking, on-site coin-operated laundry, and a fully fenced backyard courtyard. Excellent investment opportunity with potential to assume an attractive 2.75% FHA loan (buyer to verify with lender). Showings available upon accepted offer. Seller is related to listing agent.

Basic Details
  • Property Type: MultiFamily
  • Listing Type: For Sale
  • Listing ID: 245194097
  • Price: $575,000
  • Year Built: 1925
  • Lot Area: 0.13 Acre
  • Roof: Composition
  • Office Name: eXp Realty, LLC
  • Agent Name: Joe Skipper
  • Contact By: 503-577-8853
  • Office Phone: 888-814-9613
  • Listing Status: Active
Features
  • Heating System Wall Heater
  • Cooling System None
  • Parking Off Street,On Street
  • Sewer Public Sewer
Address Map
  • Country US
  • State OR
  • County Marion
  • City Salem
  • Zipcode 97301
  • Street: 21ST
  • Street Number: 771
  • Street Suffix: ST
  • Longitude: W124° 58' 51.3''
  • Latitude: N44° 55' 43.2''
  • Zoning: RM2
  • Mls Area Major: _174
  • Street Dir Suffix: SE
Neighborhood
  • Elementary School: Richmond
  • High School: South Salem
  • Middle School: Leslie
Additional Information
  • Water Source: Public Water
  • Building Size: 2282
  • Community Features: Laundry,Commons
  • Lot Features: Level,Public Road,Commons
  • Number Of Units Total: 4
  • On Market Date: 2025-08-05
  • Previous Price: 600000
  • Rent Includes: Trash Collection, Water
  • Stories: 2
Listing Information
  • Co List Agent Full Name: Christina Skipper
  • Co List Office Name: eXp Realty, LLC
  • Listing Term: Assumable, Cash, Conventional, FHA, VALoan
  • Mls Status: Active
  • Modification Timestamp: 2026-02-17T08:21:14Z
  • Originating System Name: RMLS
  • Status Change Timestamp: 2025-11-27T21:32:29Z
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Last updated on 02/18/2026 10:07