Multi-Family for Sale: 6280 COTTONWOOD ST, Salem, OR 97317

$920,000
$920,000
6280 COTTONWOOD ST, Salem, OR 97317
$920,000
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Price:
$920,000
$30,000 - 10/18/2024
Est. payment: Skip to Mortgage Calculator

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Type Multi-Family
Lot Size 2.25 acres
Year Built 1965
Taxes Paid $5,898
City Salem
Area 176 - Marion Co: East Salem N
County Marion
School District Mc Kay
MLS 24464631
Status Pending
DOM 72 days
Two separate single family homes plus a duplex, all on 2.25 acres. 4 unit investment opportunity, fully rented, with positive cash flow. Each unit has own separate meters. Tenants pay all utilities. Seller pays property taxes & insurance. On well/septic. A great return on your investment. Buyer to do own due diligence. One well is shared between all properties. In the last 10 years; pump, electrical and pressure tank have been replaced. Two septic systems on property installed in last 10 years. Many updates in 3/1 unit, tenants since 7/2024. All roofs 10-12 Years old. Duplex tenants since 2017, house tenants for 11 yrs. All units month-month.

Room Features

Basement Description Partially Finished

Lot & Building Features

Heating Baseboard, Wall Heater, Radiant
Parking Description RV Access/Parking
Sewer Septic Tank
Water Well
Water Heater Electricity

Community and Schools

Elementary School Lamb
Junior High School Stephens
Senior High School Mc Kay

Unit Features

Unit Type 1 Actual Rent 1260
Unit Type 1 Area 826
Unit Type 1 Baths 1.000
Unit Type 1 Baths Total 1
Unit Type 1 Beds Total 2
Unit Type 1 Units Total 1
Unit Type 2 Actual Rent 1260
Unit Type 2 Area 826
Unit Type 2 Baths 1.000
Unit Type 2 Baths Total 1
Unit Type 2 Beds Total 2
Unit Type 2 Units Total 1
Unit Type 3 Actual Rent 1750
Unit Type 3 Area 1029
Unit Type 3 Baths 1.000
Unit Type 3 Baths Total 1
Unit Type 3 Beds Total 3
Unit Type 3 Features Washer/Dryer Hookup
Unit Type 3 Units Total 1
Unit Type 4 Actual Rent 2850
Unit Type 4 Area 2032
Unit Type 4 Baths 3.000
Unit Type 4 Baths Total 3
Unit Type 4 Beds Total 5
Unit Type 4 Units Total 1

Price History of 6280 COTTONWOOD ST, Salem, OR

Date Name Price Difference
10/18/2024 Price Adjustment $920,000 3.16%
10/11/2024 Listing Price $950,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Shirley Cox, GRI, SRES
Shirley Cox, GRI, SRES
REALTOR, Managing Broker
Direct: 541-490-3139
Office
65 NE Estes
White Salmon, WA 98672
509-493-1783
Listed by Windermere Pacific West Prop., Aimee Baxter
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20%
0.64115543478261%
6.75%
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6280 COTTONWOOD ST (MLS #24464631) is a multi-family listing located in Salem, OR. This multi-family listing is on a lot of 98,010 sqft (or 2.25 acres) and is 59 years old. This property was listed on 10/11/2024 and has been priced for sale at $920,000.

Nearby zip codes are 97301, 97302, 97303, 97305 and 97392. This property neighbors other cities such as Aumsville, Keizer and Turner.

RMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Windermere Pacific West Prop.

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 Pacific Rim Brokers are marked with the RMLS. logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 RMLS., Portland, Oregon.