MarkO'Brien

771 21st St Se, Salem, OR 97301

$550,000
  • 771 21st St Se, Salem, OR 97301 Main Photo
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Listing Courtesy of: EXP REALTY, LLC
Agency Contact: 503-577-8853
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BEDS4 BATHS4 SQUARE FEET2,282 MLS#841069
STATUS PROPERTY TYPEMulti Unit - Multiple

Property Description

Charming detached 4-unit multifamily property ideally situated near downtown Salem, public transit, and local colleges. Each unit is a 1BD/1BA (tub/shower), fridge, stove/refrigerator, private entrance, individual electric meter, and separate water heater - set up for straightforward management and tenant privacy. The building was substantially remodeled and partially rebuilt in the early 1990s with continued updates since: newer water heaters, fresh flooring throughout, and roof replaced in 2017. Residents enjoy dedicated off-street parking, on-site coin-operated laundry, and a fully fenced backyard courtyard. Excellent investment opportunity with potential to assume an attractive 2.75% FHA loan (buyer to verify with lender). Showings available by appointment only. Seller is related to listing agent.

Property Features

Property Type: Multi Unit - Multiple
Fenced: Yes
Home Style: Quad/Shared
Lot Size: 0.13 Acres
Roof Type: Composition
Taxes: $3,638
Year Built: 1925

Units

Unit 1:
Bathroom(s): 1
Bedrooms: 1
Unit 2:
Bathroom(s): 1
Bedrooms: 1
Unit 3:
Bathroom(s): 1
Bedrooms: 1
Unit 4:
Bathroom(s): 1
Bedrooms: 1

Feature Descriptions

Days on Site: 13
Dishwasher: Yes
Fencing: Partial
Flooring: Laminate
Heating/Cooling: Wall Furnace
Laundry: Laundry Center
Lot Dimensions: 0.13 Acre(s)
Lot Type: Common Area
Price Per Square Foot: 241.02
Property Use: Business, Investment
Sewer: City
Units: 4
Water: City
Water Heater: Electric

Local Schools

High School: South Salem
Middle School: Leslie
Elementary School: Richmond

Listed By / Shown By

Listed By

Agency Name: EXP REALTY, LLC
Agency Contact: 503-577-8853

Shown By

Agent Name: Mark O'Brien
Agent Phone: (541) 619-1920
Agency Title: Coldwell Banker Valley Brokers

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Estimated Payment

$ 1,687.64 per month $1,224.06 Principal & Interest $303.17 Property Tax $160.42 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/28/2026. The listing information on this page last changed on 05/28/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 05/28/2026 12:37:52 PM EST) or Willamette Valley MLS (last updated Thu 05/28/2026 12:32:51 PM EST). Real estate listings held by brokerage firms other than Coldwell Banker Valley Brokers may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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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.
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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.

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