Sold
Last Sold Price
3,920 sqft$153/sqft
3928-3934 Auburn Rd NE, Salem, OR 97301
Multi FamilyProperty Type
9,583 sq ftLot Size
1970Year Built
$153/sq ftPrice per sq ft
8 carsParking Spaces

Description

Multiple Offers, deadline to submit is 11/25/2025 at 11am. INVESTOR ALERT, an Incredible 4 Plex Opportunity! Rare chance to own a single level four plex on a large 9,583 sq ft lot tucked down a private lane. Close to shopping, bus line, and everyday conveniences. Each spacious 2 bedroom, 1 bath unit is approximately 980 sq ft and includes assigned parking for two cars plus access to a shared laundry room. Three units are currently rented, providing immediate income with room to grow. Solid bones,...Multiple Offers, deadline to submit is 11/25/2025 at 11am. INVESTOR ALERT, an Incredible 4 Plex Opportunity! Rare chance to own a single level four plex on a large 9,583 sq ft lot tucked down a private lane. Close to shopping, bus line, and everyday conveniences. Each spacious 2 bedroom, 1 bath unit is approximately 980 sq ft and includes assigned parking for two cars plus access to a shared laundry room. Three units are currently rented, providing immediate income with room to grow. Solid bones, strong rental history, and an unbeatable price make this an ideal project for investors seeking cash flow and value add potential.
  • Listed by: Mark Shadrin • Berkshire Hathaway HomeServices Real Estate Professionals
Listing closed: 12/12/2025 12:00 AM • Source: RMLS, MLS#: 141889514

Location

Listing Courtesy of Berkshire Hathaway HomeServices Real Estate Professionals

Sold By RE/MAX Equity Group

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Payment Calculator

$3,518 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,045

Property Taxes

$473

HOA Dues

$0

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Property Information for 3928-3934 Auburn Road Northeast

Property Details
  • Taxes: $5,680 / year
  • MLS Type: Multi Family
  • Parking Features: Assigned, Paved
  • Zoning: RM
  • View: Territorial
  • Parking Total: 8.00
Building Information
  • Stories: 1
  • Residences: 4
  • Year Built: 1970
  • Lot Size: 0.22 AC / 9,583 SF
Summary
Location and General Information
  • Country: US
  • Directions: Hwy 22, N on Lancaster Dr, W Auburn Rd NE
  • Road Surface: Paved
School Information
  • Elementary School: Auburn
  • High School: North Salem
  • Middle Or Junior School: Houck
Taxes and HOA
  • Tax Year: 2024
  • Tax Annual Amount: $5,680.15
  • Parcel Number: 524005
  • Tax Legal Description: ACRES 0.21
Property
Lot Information
  • Acres: 0.22
  • Lot Description: Level
  • Lot Size Square Feet: 9583.0
  • Lot Size Dimension: 81 X 115
  • Lot Size Range: Sq Ft7000to9999
  • Lot Size: 7,000 to 9,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Fixer
  • Year Built: 1970
Utilities
  • Fuel Description: Electricity
  • Heating Description: Baseboard, Wall Furnace
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: T111Siding, Wood Siding
  • Roof Type: Composition
Interior Features
  • Basement: None
  • Foundation Details: Concrete Perimeter
  • Stories: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
  • Gross Income Actual: $43,020.00
  • Gross Rent Multiplier: $13.92
  • Investor Information: Incomplete
  • Net Income Actual: $35,000.00
  • Operating Expense: $8,020.00
  • Storage: None
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
  • Common Amenities: Commons, Laundry
  • SqFt Approximate Building Total: 3920
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Dishwasher, Range, Refrigerator
  • Unit Type 1 Rent: $1,195
  • Unit Type 1 SqFt: 980.0
  • Unit Type 1 Units Total: 2
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Range, Refrigerator
  • Unit Type 2 Rent: $0
  • Unit Type 2 SqFt: 980.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Baths Decimal: 1.00
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Range, Refrigerator
  • Unit Type 3 Rent: $1,030
  • Unit Type 3 SqFt: 980.0
  • Unit Type 3 Units Total: 1

Public Records for 3928-3934 Auburn Road Northeast

Taxable ValueLand-Additions-Total-
Tax Record2025$5,680 ($473 / month)
Home Facts
Total Finished SqFt3,920 SqFtAbove Grade Finished SqFt3,920 SqFtStories1Lot Size9,583 SqFtStyleQuadraplexYear Built1970Year Renovated1976ZoningRMCountyMARIONAPN072W30BC00800

Schools near 3928-3934 Auburn 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
Auburn Elementary School
PublicK to 5

Houck 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 Berkshire Hathaway HomeServices Real Estate Professionals

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: 12/12/2025 04:36 PM