4433 State Street

Salem, OR 97301

$800,000
Price
Beds
3,537 Sq. Ft.
$226 / Sq. Ft.
3,537
Sq. Ft.
$226
per Sq. Ft.

Description

Professionally managed, fully leased three 2-bedroom units and one 1-bedroom unit. Tenants play all utilities except for water and sewer. Units have washer and dryer hook-ups. Large sized lot provides for an opportunity to build additional units.Professionally managed, fully leased three 2-bedroom units and one 1-bedroom unit. Tenants play all utilities except for water and sewer. Units have washer and dryer hook-ups. Large sized lot provides for an opportunity to build additional units.
  1. Listed by Andi Costello • Venture Commercial Real Estate
  2. Listed by Lyle Stratton • Venture Commercial Real Estate

Property Details for 4433 State Street

Parking Features
Driveway, Paved
Zoning
RM
LISTING UPDATED: 09/23/2024 04:29 PM

Property Details for 4433 State Street

StatusActive
MLS #24108755
Days on Market63
Taxes$4,284 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1937
Lot Size0.67 AC / 29,185 SF
CountyMarion County

Building Information for 4433 State Street

Stories2Residences4Year Built1937Building Size-Lot Size0.67 AC / 29,185 SF

Property Information for 4433 State Street

Summary
Location and General Information
  • Country: US
  • Directions: State Street and Lancaster Drive NE
  • Road Surface: Paved
School Information
  • Elementary School: Eyre
  • High School: South Salem
  • Middle Or Junior School: Houck
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $4,284.21
  • Parcel Number: 524173
  • Tax Legal Description: ACRES 0.67
Property
Lot Information
  • Acres: 0.67
  • Lot Size Square Feet: 29185.0
  • Lot Size Range: Sq Ft20000to Acres1
  • Lot Size: 20,000 Sq Ft to .99 Acres
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Existing
  • Year Built: 1937
Utilities
  • Fuel Description: Electricity
  • Heating Description: Wall Heater
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Maintenance Grounds, Sewer, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Lap Siding
  • Roof Type: Composition
Interior Features
  • Foundation Details: Slab
  • Stories: 2
Amenities
Amenities Information
  • Internet Service Type: Cable
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
  • Gross Income Actual: $56,246.00
  • Gross Income Projected: $56,246.00
  • Gross Rent Multiplier: $14.22
  • Investor Information: According To Owner
  • Net Income Actual: $4,336.00
  • Net Income Projected: 43336
  • Operating Expenses Projected: $12,190.00
  • Operating Expense: $12,190.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4
  • SqFt Approximate Building Total: 3537
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 1
  • Unit Type 1 Features: Range, Refrigerator, Washer Dryer Hookup, Window Coverings
  • Unit Type 1 Rent: $850
  • Unit Type 1 SqFt: 625.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Range, Refrigerator, Washer Dryer Hookup, Window Coverings
  • Unit Type 2 Rent: $1,395
  • Unit Type 2 SqFt: 800.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Rent: $1,315
  • Unit Type 3 SqFt: 800.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Beds Total: 2
  • Unit Type 4 Features: Range, Refrigerator, Washer Dryer Hookup, Window Coverings
  • Unit Type 4 Rent: $1,325
  • Unit Type 4 SqFt: 800
  • Unit Type 4 UnitsTotal: 1

Public Records for 4433 State Street

Taxable ValueLand-Additions-Total-
Tax Record2023$4,284 ($357 / month)
Home Facts
Beds6Total Finished SqFt2,568 SqFtAbove Grade Finished SqFt2,568 SqFtStories1Lot Size29,185 SqFtStyleSingle Family ResidenceYear Built1937Year Renovated1976ZoningRMCountyMARIONAPN072W30DD04300Fireplace TypeHas Fireplace

Schools near 4433 State Street

This home is within Salem-Keizer School District 24j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Eyre Elementary School
PublicK to 5

Houck Middle School
Public6 to 8

South Salem High School
Public9 to 12

Roberts High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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4433 State Street is a multi-family home for sale in Salem, OR 97301. This property was listed for sale on September 23, 2024 by Venture Commercial Real Estate, it's currently listed at $800,000. This listing's school district is Salem-Keizer School District 24j. Nearby schools include Eyre Elementary School, Houck Middle School and South Salem High School. 4433 State Street is a 0-bed, 0-bath, 3,537 sqft multi-family home built in 1937.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Venture Commercial Real Estate

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