3027 NE D St, Salem, OR 97301
- Added:
- Jan 13, 2026
- Days on Market:
- 146
- Last Refresh:
- Jun 8 at 11:06 am
Property Features for 3027 NE D St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM2
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 1, Bathroom 2, Bathroom 1
- Standard status
- Active
- APN
- 527217
- Size
- 1,558 SF
- Lot size
- 0.09 Acres
Utilities
- Heating system
- Electric (Heating)
Building Details
- Year built
- 1939
- Number of units
- 2
- Flooring type
- Carpet, Vinyl
- Roof type
- Composition
Listing agent JESSE BARNES (541) 760-6505
Listing office CENTURION REAL ESTATE SERVICES 1365 COMMERCIAL ST SE, Salem, OR (503) 883-8141
Listing date Jan 13, 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
- Two separate 1 bed/1 bath units at 3027 D St NE
- Each unit has interior updates and comfortable layouts
- Shared one‑car carport plus storage shed and shared laundry area
- Thermal pane vinyl windows (with some aluminum‑framed windows)
- Partially fenced yard and covered front porch
- Built in 1939 with electric heating, composition roof, and carpet/vinyl flooring
Overview
The property is located at 3027 NE D St in Salem, Oregon (Marion County). It sits on a 0.0919-acre lot and is zoned RM2.
For tenants and owner-operators, the two-unit setup offers a straightforward residential income configuration with shared exterior and common-area amenities. The combination of unit-level interior updates and exterior improvements such as upgraded windows and maintained siding supports continued livability for residents.
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 | $28.6k | $18.36 |
| − Vacancy | −$1.9k | −$1.20 |
| EGI | $26.7k | $17.16 |
| − OpEx | −$8.0k | −$5.15 |
| NOI | $18.7k | $12.01 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Marion
- State
- Oregon
- Longitude
- -122.997993
- Latitude
- 44.944004
