3441 Livingston St NE, Salem, OR 97301
- Added:
- May 11, 2026
- Days on Market:
- 47
- Last Refresh:
- Jun 26 at 5:06 am
Property Features for 3441 Livingston St NE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 3, Bedroom 1
- Standard status
- Active
- APN
- 585726
- Size
- 2,000 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3468
Building Details
- Year built
- 1955
- Number of units
- 2
Listing agent SHAWN RICHARDSON (208) 912-5591
Listing office EXP REALTY, LLC 4800 MEADOWS RD, STE 300, Lake Oswego, OR (888) 814-9613
Listing date May 11, 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 built in 1955 in Salem, OR with 2 units
- Each unit features 2 bedrooms and 1 bathroom
- Each unit includes an attached 1‑car garage
- Each unit has a private backyard for outdoor space and privacy
- Convenient location near schools, shopping, and major commuter routes
Overview
The property is located at 3441 Livingston St NE in Salem, Oregon 97301, within convenient reach of schools, shopping, and major commuter routes. The building is set on approximately 0.2 acres, supporting a manageable residential footprint.
For an investor or owner-occupant, the layout provides two units with similar bedroom and bath configurations, simplifying marketing and tenancy planning. The presence of attached garages and private backyards adds practical day-to-day value for residents, while the two-unit structure supports flexible use—either generating rental income or allowing one unit to be lived in while the other is rented.
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 | $36.7k | $18.36 |
| − Vacancy | −$2.4k | −$1.20 |
| EGI | $34.3k | $17.16 |
| − OpEx | −$10.3k | −$5.15 |
| NOI | $24.0k | $12.01 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Marion
- State
- Oregon
- Longitude
- -122.991448
- Latitude
- 44.959218
