Address
3892 WARD DR Salem, OR
Price
$ 1,600,000
Property Attributes
  • MLS#20601195
  • TypePending
  • CountyMARION
  • CitySalem
  • AreaMarion Co - East Salem N
  • Zip97305
  • Style
  • Year Built1997
  • Taxes1570
  • Price$ 1,600,000
  • Bedrooms7
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage9048
Listing Provided Courtesy Of:
Coldwell Banker Mountain West
Property Description

Listing includes 2 properties. 1.) Fully rented 8Plex with 7 3/1.5 units & 1 2/1.5 unit on .42 acres. 2.) 2/1, 788 sqft house on .23 acres which is zoned for up to 6 units. 8plex and House currently have a cap rate of 6%. Great potential to demo house and build a 6plex for a total of 14 units. 8 Plex is also listed separately for $1,400,000, see MLS# 20449370 . Please do not disturb tenants.

Elementary School Middle School High School
Yoshikai Elementary School Stephens Middle School McKay High School
Price History
11/24/2020 Listed $1,600,000

General Features

Heating Zoned
MLS Area Marion Co: East Salem N
Property Type Multi Family
Roof Composition
Sewer Public Sewer
Terms Cash, Conventional
Total Units 9
Video Tour Y/N No
Zoning RM

Interior Features

Fueldescription Electricity
Hot Water Electricity
Sqftapproximatebuildingtotal 9048
Unit 1 Baths Total 2
Unit 2 Baths Total 2
Unit 2 Beds Total 2
Unit 3 Baths Total 1
Unit 3 Beds Total 2
Unit Features Dishwasher, Range, Refrigerator, Washer/Dryer Hookup
Unittype1sqft 1082
Unittype1unitstotal 7
Unittype2sqft 1500
Unittype2unitstotal 1
Unittype3sqft 788
Unittype3unitstotal 1

Exterior Features

Exterior Description T-111 Siding
Foundation Details Concrete Perimeter
Lot Features On Busline, Level
Lot Size 20, 000 SqFt to .99 Acres
View Y/N No
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 97305

Price
AVG $420K
$1.6M
Taxes
AVG $2,747
$1,570
Visits
AVG 29
35
Year Built
AVG 2007
1997

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