Member Features
Find Real Estate Bargain!
Full foreclosure details
Home value, equity and ownership info
Find homes priced below market
Get full access with a FREE Account
Already a member?
$425,000
Listing Price1beds
3baths
1,615sqft
3,485sqft lot
585 Highland Ave Ne, Salem, OR 97301
Member Features
Find Real Estate Bargain!
Full foreclosure details
Home value, equity and ownership info
Find homes priced below market
Get full access with a FREE Account
Already a member?
For Sale
Home type
Price / sqft
Year built
Home Details
Calling all investors-dont miss this exceptional three-unit multifamily opportunity. This property is ideal for investors looking to expand their portfolio or for an owner-occupant who wants to live in one unit while renting out the other two.All units have been renovated, and the building is fully occupied. The seller currently resides in one unit, with the remaining two secured by leases. Located on a quiet, tree-lined street, the property offers a peaceful and desirable setting.Whether youre adding to an existing portfolio or purchasing your first investment property, this one delivers. The numbers are strong, with an actual cap rate exceeding 6%.Please submit offers contingent upon a walkthrough. Kindly do not disturb the tenants or walk the property.
Interior Details
1615
1
3
Has Heating:
Yes
Heating Type:
Baseboard
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
Yes
Fuel Type:
Oil
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
3485
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Triplex
N/A
N/A
Gable
Composition Shingle
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$2,271
$0
$0
--%
$119,100
2019
$2,191
$0
$0
--%
$115,640
2018
$2,230
$0
$0
--%
$112,280
2017
$2,013
$0
$0
--%
$109,010
2016
$1,917
$0
$0
--%
$105,840
2014
$1,869
$0
$0
--%
$99,770
2013
$1,768
$0
$0
--%
$96,870
2012
$1,815
$0
$0
--%
$95,530
Average Home Price in 97301
Nearby Properties
Zip Code
Price
Bed
Bath
Sqft
Lot
Sold Date
$355,267
$355,267
2 Beds
1 Baths
1,581 Sqft
9,148 Lot (sqft)
Sold 08/12/2026
$550,000
$550,000
1 Beds
1.5 Baths
1,522 Sqft
7,405 Lot (sqft)
Sold 10/05/2026
$189,900
$189,900
2 Beds
2 Baths
1,557 Sqft
5,663 Lot (sqft)
Sold 10/06/2026
$363,737
$363,737
3 Beds
2 Baths
1,525 Sqft
6,098 Lot (sqft)
Sold 10/05/2026
$425,000
$425,000
1 Beds
3 Baths
1,615 Sqft
3,485 Lot (sqft)
Sold 10/06/2026
$298,526
$298,526
1 Beds
1 Baths
1,398 Sqft
6,534 Lot (sqft)
Sold 10/06/2026
$419,900
$419,900
2 Beds
1 Baths
1,824 Sqft
7,405 Lot (sqft)
Sold 10/06/2026
$475,000
$475,000
1 Beds
1 Baths
1,589 Sqft
11,326 Lot (sqft)
Sold 10/05/2026
$396,429
$396,429
3 Beds
1 Baths
1,508 Sqft
6,098 Lot (sqft)
Sold 09/29/2026
