Oregon
Salem
771 21ST St Se

$625,000

771 21ST St Se, Salem, OR 97301

2,282 sqft

Multi-Family Home
Built in 1925
5,663sqft lot
—— car garage
$274/sqft
Listed 1 day ago

Property Description

4 plex investor opportunity in central Salem with potential to assume FHA mortgage at 2.75%! This detached 4-plex offers four 1-bedroom, 1-bath units—each with its own private entrance, electric meter, and water heater. The original home was extensively remodeled and partially rebuilt in 1990–91, blending character with modern updates. Recent improvements include a newer roof (approx. 5–10 years old), updated water heaters, new flooring, and ongoing maintenance that shows pride of ownership.

Listing Status:: Active
Date Added:: August 5, 2025 at 05:00AM
Listing Office:: eXp Realty, LLC : 888-814-9613
Listing Agent:: Joe Skipper : 503-577-8853
MLS ID:: 245194097

A/C: None
Heating: Wall heater

This listing courtesy of Joe Skipper, eXp Realty, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Richmond Elementary School

466 Richmond Ave SE, Salem, OR, 97301

Grades KG-5

0.32 miles away

Leslie Middle School

3850 Pringle Rd SE, Salem, OR, 97302

Grades 6-8

1.97 miles away

South Salem High School

1910 Church St SE, Salem, OR, 97302

Grades 9-12

1.12 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.