2806 Livingston -2808 St NE, Salem, OR 97301
- Added:
- Apr 4, 2026
- Days on Market:
- 66
- Last Refresh:
- Jun 8 at 11:06 am
Property Features for 2806 Livingston -2808 St NE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 5, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 3
- Fireplace
- 1
- Standard status
- Active
- APN
- 570887
- Size
- 2,474 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3668
Utilities
- Heating system
- Forced Air, Natural Gas, Electric (Heating)
Building Details
- Number of units
- 2
- Flooring type
- Other (refer to remarks), Vinyl
- Roof type
- Composition
Listing agent BRIAN SMITH (503) 551-8510
Listing office HOMESMART REALTY GROUP 3240 COMMERCIAL ST SE, Salem, OR (971) 599-5865
Listing date Apr 4, 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
- Duplex on a large corner lot with two driveways
- Parking includes a 2‑car garage, 4‑car carport, and street parking
- 2808 is the larger unit with a family room, living room, laundry room, and storage
- Separate yards for both units, with potential RV/boat parking
- Recent remodel updates include new paint, flooring throughout, kitchen countertop/sinks, and updated vanities
- Roof replacement and exterior improvements include gutters, doors, and some windows; heating includes forced air, natural gas, and electric heat
Overview
The home is located at 2806 and 2808 Livingston St NE in Salem, Oregon, and sits on a large corner lot. Both units have their own outdoor space, and the layout includes areas such as a family room and living room within the larger unit, plus a laundry room and storage. The property may also accommodate additional outdoor vehicle storage needs given the presence of two separate yards.
Unit 2808 is described as the larger unit with ample room, including a family room, living room, laundry room, and storage. Unit size and exact bedroom/bath details are not provided in the information available. Overall, the property’s combination of recent remodel work, separated yards, and multiple parking options can appeal to buyers seeking an income property with straightforward duplex organization. MLS reference: WVMLS #834538.
Local Financial Insights For Multifamily LT 5
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 | $45.4k | $18.36 |
| − Vacancy | −$3.0k | −$1.20 |
| EGI | $42.4k | $17.16 |
| − OpEx | −$12.7k | −$5.15 |
| NOI | $29.7k | $12.01 |
Alternative Uses
Current Use by Public Records
Map
- City
- Salem
- County
- Marion
- State
- Oregon
- Longitude
- -123.000485
- Latitude
- 44.959311
