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$1,099,000
1 Day On Site
2585 & 2595 Lee St SESalem, OR 97301
For Sale|Multi Family|Active
8
Beds
8
Total Baths
4,080
SqFt
$269
/SqFt
1978
Built
Subdivision:
Simpson Add
County:
Marion
Listing courtesy of BENJAMIN OROZCO of FCRE HOME (503) 932-4181
Agent: 503-932-4181,
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Turn-key eight-unit multifamily investment in Southeast Salem, comprised of two separate one-story four-unit buildings on individual tax lots. Built in 1978 and extensively rehabilitated in 2018–2019 with over $240,000 in capital improvements, the property is in excellent condition throughout. Recent upgrades include roofing, siding, parking, landscaping, interiors, and appliances. Professionally managed with coin-operated laundry, seven on-site parking spaces, landscaped grounds with irrigation, and separately metered electric utilities. Strong in-place operations with upside potential to increase NOI.
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Listing Snapshot
Price
$1,099,000
Days On Site
1 Day
Bedrooms
8
Inside Area (SqFt)
4,080 sqft
Total Baths
8
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.3 Acres
Year Built
1978
MLS® Number
837869
Status
Active
Property Tax
$8,600
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 10 hours ago | Listing updated with changes from the MLS® | |
| yesterday | Listing first seen on site |
General Features
Acres
0.3
Property Sub Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Zoning
RM2
Interior Features
Appliances
Electric RangeRefrigerator
Flooring
Vinyl
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Exterior Features
Construction Details
Shingle SidingWood Siding
Roof
Composition
Schools
School District
Unknown
Elementary School
Richmond
Middle School
Leslie
High School
South Salem
Listing courtesy of BENJAMIN OROZCO of FCRE HOME (503) 932-4181
Agent: 503-932-4181
Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Copyright 2026, Willamette Valley MLS.
Last checked: 2026-02-22 01:36 AM UTC
Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Copyright 2026, Willamette Valley MLS.
Last checked: 2026-02-22 01:36 AM UTC
Neighborhood & Commute
Source: Walkscore
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