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Lisa Fisher, Principal Broker
REALTOR®
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1207 D St, Salem, OR 97301

$789,900

6 Total Photos [Click to View All]

Property Description

Turnkey 6-unit multifamily in Salem's Northeast Neighbors district - 100% occupied, fully documented financials. Several units recently refreshed (new flooring, appliances, paint); in-place rents below market with upside as leases turn. 2025 saw heavy one-time capital investment; 2026 shows strong recovery already underway. Directly across from Parrish Middle School and North Salem High School, within a mile of the Oregon State Capitol, Willamette University, Salem Hospital, and Oregon State Hospital - major, stable employment anchors.

1207 D St | MLS# 605231333

This multi-family property located at 1207 D St, Salem, OR 97301 is currently listed for sale with an asking price of $789,900. Search Salem real estate on lisafisher.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: CrawlSpace
Cooling: Wall Unit(s)
Fuel Type: Electricity
Heating: WallHeater
Roof Type: Metal
Stories: 2.0
Taxes: $4,819
Year Built: 1962
Square Feet: 3,936

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 1
Rent: $1025.00
Square Footage: 656
Total Units: 3
Unit Type 2:
Bathroom(s): 1
Bedrooms: 1
Rent: $1050.00
Square Footage: 656
Total Units: 1
Unit Type 3:
Bathroom(s): 1
Bedrooms: 1
Rent: $1017.00
Square Footage: 656
Total Units: 1
Unit Type 4:
Bathroom(s): 1
Bedrooms: 1
Rent: $1095.00
Square Footage: 656
Total Units: 1

Feature Descriptions

Days on Site: 23
Exterior: Cement Siding, Lap Siding
Gross Income: $67759.00 (Actual)
Hot Water: Electricity
Lot: Level
Net Income: $35382.00 (Actual)
Operating Expenses: $32377.00 (Actual)
Parking: OffStreet
Parking Notes: OffStreet
Sewer: Public Sewer
Units: 6
Water: Public Water

Local Schools

High School: North Salem
Middle School: Parrish
Elementary School: Englewood

Listed By / Shown By

Listed By

Agency Name: Epique Realty
Agency Contact: 503-476-1020

Shown By

Agent Name: Lisa Fisher, Principal Broker
Agent Phone: (503) 970-0124
Agency Title: Bend Premier Real Estate

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Estimate Your Payment

Estimated Payment

$ 4,626.14 per month $3,994.16 Principal & Interest $401.58 Property Tax $230.39 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 08/28/2026. The listing information on this page last changed on 08/28/2026. 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 Fri 08/28/2026 1:46:58 AM EST) or RMLS (last updated Fri 08/28/2026 1:40:29 AM EST) or COAR/MLSCO (last updated Fri 08/28/2026 1:31:26 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate 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.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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