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1214 Dorval Ave NW

Salem, OR 97304
  • $1,025,000
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: 584253865
UPDATED: 38 min ago
$1,025,000
  • 0
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,330
    SQFT
  • $162
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1977
County:

School Information

Elementary School:
Middle School:
High School:

Description

Turn-key 5-plex in a prime West Salem location, offered at a 6.5% cap rate. Each unit features 2 bedrooms, 1.5 baths, in-unit laundry, and covered parkingideal for attracting quality, long-term tenants. Built in 1977 with a history of low vacancy and strong performance. Close to downtown, shopping, hospitals, and major commute routes. Steady cash flow and long-term appreciation makes this a smart addition to your portfolio. Call with questions, invest in your future!

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Listing content is copyright © 2025 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Coho Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2025-04-21T19:52:49.127.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Coho Realty and should be independently verified.
www.coho.realty/homes/162206363
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1214 Dorval Ave NW Salem, OR 97304

  • Price: $1,025,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 38 min ago
  • MLS #: 584253865
0
Beds
0
Baths
0
½ Baths
0.34
Acres
6,330
SQFT
$162
$/SQFT
1977
Built
Neighborhood:
1214-1224 Dorval
County:
Polk
Area:
168-Polk Co: West Salem N
Elementary School:
Harritt
Middle School:
Walker
High School:
West Salem
Property Description
Turn-key 5-plex in a prime West Salem location, offered at a 6.5% cap rate. Each unit features 2 bedrooms, 1.5 baths, in-unit laundry, and covered parkingideal for attracting quality, long-term tenants. Built in 1977 with a history of low vacancy and strong performance. Close to downtown, shopping, hospitals, and major commute routes. Steady cash flow and long-term appreciation makes this a smart addition to your portfolio. Call with questions, invest in your future!
Exterior Features

Attached Garage YN No Exterior Description T111 Siding Wood Siding Foundation Details Concrete Perimeter Slab Stem Wall Lot Features Cleared Gentle Sloping Hilly Private Trees Lot Size Dimensions 78x183 Parking Features Carport Off Street Parking Total 7 Road Surface Type Paved Roof Metal View Description Mountain Territorial View YN Yes

Interior Features

Basement Daylight Finished Cooling None Cooling YN No Heating Baseboard Zoned Heating YN Yes

Property Features

Bank Owned YN No Fuel Description Electricity Green Certification YN No Gross Income 88980 Hot Water Description Electricity Tank IDXAddress Display YN Yes Internet Service Type Cable DSL Listing Terms Cash Conventional Net Operating Income 66723 Operating Expense 22257 Property Attached YN No Property Condition Updated Remodeled Rent Includes Maintenance Grounds Sewer Trash Collection Water Security Features None Sewer Public Sewer Short Sale YN No Storage Attached Tax Annual Amount 7741.75 Tax Year 2024 Water Source Public Water Zoning RM2

Listing provided courtesy of RE/MAX Integrity: .


Listing content is copyright © 2025 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Coho Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2025-04-21T19:52:49.127.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Coho Realty and should be independently verified.
 
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Coho Realty
500 Liberty St SE, Suite 410
Salem OR, 97301