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Salem, OR, 97305 • Four Corners • Marion County
$190/sqft
-$20,000 since Oct 27, 2025
Down payment assistance available
8Beds
4Baths
3,790Sqft
0.43 acLot
1970Built
Territorial Views
Territorial
McNary Homes Add
Four Corners
Outdoor Living
Patio
This home is getting attention
Listed 335 days ago · 246 views · 8 saves
Demand and pricing signals for this listing
246 views
People checking out this listing
8 saves
Buyers have saved this home
335 days on market
Established listing
$190/sqft
Price per square foot
Multi Family · Built 1970
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. Excellent turnkey investment opportunity featuring four fully occupied 2-bedroom, 1-bath units with dependable tenants and a proven rent history. Two units have been recently renovated, and the property includes a new well installed in 2022 and a new perimeter fence, reducing maintenance costs and increasing long-term value.This property delivers consistent income with a gross annual rent of approximately $62,000 and a net operating income (NOI) of $48,217 based on current leases. At market rents, projected gross income increases to $69,600 annually, offering immediate upside potential. With low operating expenses, no management fees, and strong local rental demand, this is an ideal addition to any investment portfolio in the Salem area. Don’t miss this high-performing multifamily asset—contact for full financials and rent history today.
Standout features identified
Our analysis highlights comfortable living spaces, extra storage space, and abundant natural light as key attractions of this home.
Based on current rates
Est. 6.30% rate · 30yr fixed · $576,000 loan
Full calculator →Key facts and listing details
9 categories of property features
1 room detailed
Dining Room
Market data and value estimates
3 schools rated nearby
Salem, OR, 97305
10 events
Local context around this listing
Salem, OR • Marion County
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Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.
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