1214 DORVAL AVE NW new Save Request In-Person Tour Request Virtual Tour
Salem,OR 97304
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,330 sqft
Price per Sqft $161
Subdivision 1214-1224 Dorval
MLS Listing ID 584253865
Year Built 1977
Annual Tax Amount $7,741
Tax Year 2024
Lot Size 0.340 Acres
Property Description
Turn-key 5-plex in a prime West Salem location, offered at a 6.5% cap rate. Each unit features 2 bedrooms, 1.5 baths, in-unit laundry, and covered parking—ideal for attracting quality, long-term tenants. Built in 1977 with a history of low vacancy and strong performance. Close to downtown, shopping, hospitals, and major commute routes. Steady cash flow and long-term appreciation makes this a smart addition to your portfolio. Call with questions, invest in your future!
Location
State OR
County Polk
Area _168
Zoning RM2
Rooms
Basement Daylight, Finished
Interior
Heating Baseboard, Zoned
Cooling None
Exterior
View Mountain, Territorial
Roof Type Metal
Garage No
Building
Lot Description Cleared, Gentle Sloping, Hilly, Private, Trees
Story 2
Foundation Concrete Perimeter, Slab, Stem Wall
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Harritt
Middle Schools Walker
High Schools West Salem
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Virtual Tour https://my.matterport.com/show/?m=hww5f4dAXBh