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    3928 Auburn Rd NE Salem, OR 97301

    For Sale
    $599,000

    MULTI_FAMILY - Salem, OR

    Property size:
    3,920 SF
    Lot size:
    0.22 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 5 at 5:06 pm

    Property Features for 3928 Auburn Rd NE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RM
    Rooms
    Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 3, Bedroom 6, Bedroom 2, Bathroom 2, Bedroom 5
    Bedrooms
    6
    APN
    524005
    Size
    3,920 SF
    Lot size
    0.22 Acres

    Utilities

    Heating system
    Baseboard

    Building Details

    Year built
    1970
    Floors in Building
    1
    Number of units
    4
    Roof type
    Composition

    Berkshire Hathaway HomeServices Real Estate Professionals (800) 589-3161 [email protected]

    Listing agent Mark Shadrin (503) 371-3013

    Listing date Nov 25, 2025

    MLS# 141889514 Listing URL

    Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Salem Fourplex: Investor Opportunity

    This fourplex presents an investment opportunity. Situated on a 9,583 sq ft lot, the property features a single-level structure. Each of the four units includes 2 bedrooms and 1 bath, with an approximate area of 980 sq ft per unit, totaling 3,920 sq ft for the entire building. The property includes assigned parking spaces for two cars per unit, as well as access to a shared laundry room. Located close to shopping, a bus line, and other conveniences, the property offers accessibility. Currently, three of the four units are rented, providing immediate income. This property is suitable for investors seeking cash flow and value-add potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -122.984577
    Latitude
    44.935984

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    FAQs

    What type of property is this?
    Quadplex - Fourplex in Salem, OR with income and growth potential.
    Where is this quadplex located?
    The property is located at 3928 Auburn Rd NE Salem, OR.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - Immediate income from three currently rented units.; - Rare single-level fourplex on a large 9,583 sq ft lot.; - Each unit is spacious with **2 bedrooms and 1 bath (approximately 980 sq ft)**.
    (503) 371-3013
    Request Owner's contact information
    3928 Auburn Rd NE Salem, OR 97301
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    Salem, OR 97301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3928 Auburn Rd NE Salem, OR 97301
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