Salem, OR 97305,3892 WARD DR
Salem, OR 97305,3892 WARD DR
2
Listed by Coldwell Banker Mountain West • coldwellbanker@cboregon.com
Bought with Cadwell Realty Group
$1,400,000
$1,600,000
12.5%
Est.Price: ?

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9,048 SqFt

3892 WARD DR Salem, OR 97305

Est. payment /mo
SOLD DATE : 01/29/2021

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Key Details

Sold Price $1,400,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 9,048 sqft

Price per Sqft $154

MLS Listing ID 20601195

Sold Date 01/29/21

Year Built 1997

Annual Tax Amount $1,570

Tax Year 2019

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.

Location

State OR

County Marion

Area _176

Zoning RM

Rooms

Basement Crawl Space

Interior

Heating Zoned

Exterior

Roof Type Composition

Garage No

Building

Lot Description Level, On Busline

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Yoshikai

Middle Schools Stephens

High Schools Mckay

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Regional Multiple Listing Service (RMLS)

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agent

Randy Byrd

Broker | License ID: 201235026

+1(541) 570-5777

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