$705,000
PENDING

1117 6th St NW Salem, OR 97304

West Salem Neighborhood

Estimated payment $4,326/month

Total Views 8,770
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Ductless Heating Or Cooling System
  • High Speed Internet
  • Lap Siding
  • 2 Car Garage
  • Level Lot
  • Heat Pump System

About This Home

Newly completely remodeled duplex on double lot! Front unit has 4 bedrooms (downstairs can be office) and two full baths plus laundry room with W/D hook ups. Back unit has 2 bedrooms and 2 full bathrooms plus laundry room with W/D hook ups. Ductless Heat/AC units in each room, Cadet heaters in each bathroom. Newer from the top down! Covered and secure breezeway between units.Great investment with 5.3% cap.

Listing Agent

Chris Forrette

Coldwell Banker Mountain West Brokerage Email: coldwellbanker@cboregon.com License #990400134

Coldwell Banker Mountain West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,696

Year Built

  • Built in 1934

Lot Details

  • 7,840 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Composition Roof
  • Lap Siding
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Crawl Space

Schools

  • Harritt Elementary School
  • Walker Middle School
  • West Salem High School

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Mini Split Heat Pump
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 257761

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $11,085
  • Gross Income $48,300
  • Net Operating Income $37,215

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,696

Year Built

Built in 1934

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Pending
  • MLS Status: Pending
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1934
  • Property Condition: Restored
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: CementSiding,LapSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway, Garage
  • Attached Garage: No
  • Garage Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable,DSL
  • Cooling: HeatPump, MiniSplit
  • Cooling Y N: Yes
  • Heating: Ductless, HeatPump, MiniSplit
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Harritt
  • High School: West Salem
  • Middle Or Junior School: Walker

Lot Info

  • Zoning: RS
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7840.0
  • Parcel #: 257761

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 4696.01

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.6
  • Annual Gross Income: 48300.0
  • Property Net Operating Income: 37215.0
  • Annual Operating Expense: 11085.0

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,696 $256,660 $53,340 $203,320
2024 $4,696 $249,190 $51,780 $197,410
2023 $4,560 $312,630 $50,270 $262,360
2022 $2,754 $130,010 $48,820 $81,190
2021 $2,373 $126,230 $47,400 $78,830
2020 $1,988 $105,930 $46,030 $59,900
2019 $1,921 $102,850 $44,690 $58,160
2018 $1,889 $99,860 $43,390 $56,470
2017 $1,703 $96,960 $42,130 $54,830
2016 $1,636 $93,550 $35,610 $57,940
2015 $1,582 $88,960 $34,600 $54,360
2014 $1,473 $82,370 $34,600 $47,770
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Pending -- -- --
11/12/2024 11/12/24 For Sale $705,000 -- --
Source: Regional Multiple Listing Service (RMLS)

Mortgage History

Date Status Loan Amount Loan Type
Closed $475,000 Construction
Source: Public Records

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See All Homes in Salem

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24127777

Regional Multiple Listing Service (RMLS)

APN: 257761

Oregon Polk County Salem 97304 West Salem

1117 6th St NW, Salem, OR

Homes for Sale in Salem, OR

This home is located at 1117 6th St NW, Salem, OR 97304 and is currently priced at $705,000. This property was built in 1934. 1117 6th St NW is a home located in Polk County with nearby schools including Harritt Elementary School, Walker Middle School, and West Salem High School.

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Chris Forrette
Listing Agent
Chris Forrette
Section Image
Coldwell Banker Mountain West
(971) 414-4402