Homes for sale - 4803 Future Rd NE NE, Salem, OR 97305

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Listed by EMILY EVERHART • HARCOURTS ELITE • CELL: 971-237-9498

$ 740,000

Est. payment | -/mo

8 Beds

3,790 SqFt

Save

$ 740,000

Est. payment | -/mo

Save

8 Beds

3,790 SqFt

Key Details

Property Type Multi-Family

Sub Type 4-Plex

Listing Status Active

Purchase Type For Sale

Square Footage 3,790 sqft

Price per Sqft $195

Subdivision Mcnary Homes Add

MLS Listing ID 828178

Bedrooms 8

Year Built 1970

Annual Tax Amount $6,333

Tax Year 2024

Lot Size 0.430 Acres

Acres 0.43

Property Sub-Type 4-Plex

Property Description

Turn-Key Fourplex in Prime Salem Location – Ideal Investment Opportunity!Welcome to 4803, 4813, 4823, and 4833 Future Rd NE – a well-maintained and fully occupied fourplex in a quiet residential neighborhood of northeast Salem. This property features four spacious 2-bedroom, 1-bathroom units, each offering comfortable living spaces, abundant natural light, and private garage parking. Well was done in 2022. Two units were recently updated in 2024 with modern finishes, while the other two were remodeled in 2014—offering a great balance of contemporary updates and long-term reliability. Each unit is separately metered for electricity, and tenants enjoy on-site laundry facilities and extra storage space. Situated on a 0.22-acre lot, this income-producing property has a strong rental history and consistent tenant occupancy. Major recent improvements include a new roof installed in 2022 and newer windows throughout, ensuring minimal maintenance costs for years to come. Just minutes from shopping, schools, public transit, and major commuter routes, this fourplex presents a fantastic opportunity for the savvy investor looking to expand their portfolio or generate reliable monthly cash flow. Don't miss your chance to own a solid multi-family asset in one of Salem's most desirable rental corridors!

Location

State OR

County Marion

Area 35 Suburban E Salem/South

Rooms

Dining Room Area (Combination)

Interior

Hot Water Electric

Heating Electric, Baseboard

Flooring Carpet, Laminate, Vinyl

Laundry Laundry Center

Exterior

View Territorial

Roof Type Built-Up

Building

Foundation Continuous

Sewer City

Water City

New Construction No

Schools

Elementary Schools Swegle

Middle Schools Waldo

High Schools Mckay

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

+1(503) 310-8498

ljhilton1@aol.com

16037 SW Upper Boones Ferry Rd Suite 150, Tigard, OR, 97224

4803 Future Rd NE NE Salem, OR 97305