2245-2285 Breyman St NE, Salem, OR 97301
- Added:
- Jan 22, 2026
- Days on Market:
- 141
- Last Refresh:
- Jun 12 at 9:06 am
Property Features for 2245-2285 Breyman St NE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM2
- Bedrooms
- 8
- Bathrooms
- 7
- Rooms
- Bedroom 2, Bedroom 7, Bedroom 4, Bedroom 8, Bathroom 4, Bathroom 5, Bedroom 5, Bathroom 6, Bedroom 6, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 1, Bathroom 7
- Patio and Porch features
- Deck
- Standard status
- Active Under Contract
- APN
- 596279
- Size
- 3,907 SF
- Lot size
- 0.42 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 5339
Utilities
- Heating system
- Zoned, Electric (Heating)
Building Details
- Year built
- 1945
- Flooring type
- Wood, Vinyl
- Roof type
- Composition
Listing agent GLADYS BLUM (503) 485-1900
Listing office BLUM REAL ESTATE 2035 MADRONA AV SE STE 100, Salem, OR (503) 485-1900
Listing date Jan 22, 2026
Copyright © 2026 Willamette Valley Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Well‑maintained multi‑unit property with 6 separate units on a 0.42 ac lot
- Unit mix: five 1 bed/1 bath units and one 3 bed/2 bath unit
- Each unit includes a covered front porch, fully applianced kitchen, and combined living/dining area
- Washer/dryer hookups in each unit
- Carport with parking for 5 cars
- Roof: composition; flooring includes vinyl and wood; heating is electric and zoned (per provided details)
Overview
The property is located at 2245-2285 Breyman St NE in Salem, Oregon. The site sits on a 0.42-acre lot and is described as being close to downtown Salem, with easy access to downtown amenities and transportation, as well as nearby employment centers.
From a tenant-broker or operator perspective, the unit mix provides both smaller 1-bedroom layouts and a larger 3-bedroom option within the same building. The covered porches, in-unit kitchen appliances, and washer/dryer hookups are practical features for residential renters. With RM2 zoning noted for the property, it presents a straightforward income-focused holding in a location with convenient access to the Salem core.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $84.4k | $21.60 |
| − Vacancy | −$5.8k | −$1.49 |
| EGI | $78.6k | $20.11 |
| − OpEx | −$35.4k | −$9.05 |
| NOI | $43.2k | $11.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Marion
- State
- Oregon
- Longitude
- -123.011003
- Latitude
- 44.937608
