Sold
Last Sold Price
3355 Portland Rd NE, Salem, OR 97301
1934Year Built
13 carsParking Spaces

Description

13 units on busy Portland Road. Studio, 1-BR and 2-BR configurations. Most w/ carport. Numerous recent capital improvements including most roofs, siding, some interiors. Has performed well for out-of-town owners. 0.66 acres of land zoned IC13 units on busy Portland Road. Studio, 1-BR and 2-BR configurations. Most w/ carport. Numerous recent capital improvements including most roofs, siding, some interiors. Has performed well for out-of-town owners. 0.66 acres of land zoned IC
  • Listed by: Joseph Scharf • Equitect Ltd
Listing closed: 05/08/2018 12:00 AM • Source: RMLS, MLS#: 17646096

Location

Listing Courtesy of Equitect Ltd

Sold By Equitect Ltd

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$2,783 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,325

Property Taxes

$457

HOA Dues

$0

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Property Information for 3355 Portland Road Northeast

Property Details
Building Information
  • Stories: 1
  • Residences: 13
  • Year Built: 1934
Summary
Location and General Information
  • Area: Marion Co: East Salem N
  • Country: US
  • Directions: Portland Road NE - near Bill Frey Drive
Parking
  • Garage Or Parking Spaces: 13
  • Parking Description: Assigned, Carport
Taxes and HOA Information
  • FIRPTA Y/N: No
Virtual Tour
  • Video Virtual Tour 1 Y/N: No
Property
Lot Information
  • Lot Description: Level
  • Zoning: IC
Property and Assessments
  • Water Description: Public
Utilities
  • Fuel Description: Electricity
  • Heating Description: Baseboard
  • Sewer Description: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Brick, Lap Siding
  • Roof Type: Other
Interior Features
  • View Y/N: No
Multi Family
Multi-Family Information
  • Gross Income Actual: $84,384
  • Gross Rent Multiplier: 6
  • Investor Information: According to Owner, Profit & Loss Statement, Rent Records
  • Net Income Actual: $43,719
  • Occupancy Types: Month to Month
  • Operating Expenses Actual: $30,539
  • SqFt Approximate Building Total: 5093
  • Unit Type Type: 1, 2, 3
Unit 1
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 3
  • Unit Type 1 Rent: $900
  • Unit Type 1 SqFt: 1083.0
  • Unit Type 1 Units Total: 1
Unit 2
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Rent: $687
  • Unit Type 2 SqFt: 560.0
  • Unit Type 2 Units Total: 1
Unit 3
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Beds Total: 0
  • Unit Type 3 Rent: $495
  • Unit Type 3 SqFt: 302.0
  • Unit Type 3 Units Total: 11

Public Records for 3355 Portland Road Northeast

Taxable ValueLand-Additions-Total-
Tax Record2025$19,395 ($1,616 / month)
Home Facts
Total Finished SqFt6,402 SqFtAbove Grade Finished SqFt6,402 SqFtStories1Lot Size28,750 SqFtStyleMulti-Family Dwelling (2-4)Year Built1934ZoningICCountyMARIONAPN073W12CC01500

Schools near 3355 Portland Road Northeast

This home is within Salem-Keizer School District 24j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 1 to 5
Rating
School
Distance
Grant Community School
PublicK to 5

Parrish Middle School
Public6 to 8

North Salem High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Equitect Ltd

All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 05/24/2018 01:25 PM