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Updated 3-Unit Triplex
For Sale
$549,900

1848 Lansing Ave Ne, Salem, OR 97301

Three residences offer two bedrooms, one bathroom, and a private backyard per unit.

Property SizeContact for details
Days on Market71

Property Features for 1848 Lansing Ave Ne

General Information

Standard status Active
Property subtype Residential Income

Site & Location

Neighborhood North East Salem Community Association (Nesca)

Units

Unit Mix 3 x 2BR/1BA
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $4,170

Amenities

private backyard
Listing Agency: EXP REALTY, LLC
Listed By: VITALY ORMANJI · License #201239333
Source: Exprealty
Added: Aug 21 Changed: Oct 26 Last Checked: Oct 28 at 10:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP REALTY, LLC

Rey
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Investment Insights

Based on property information with market context.

This updated triplex contains 2,250 square feet arranged across three residential units. Each unit includes two bedrooms, one bathroom, and a private backyard, providing defined outdoor space for occupants. The property was built in 1965 and offers a single-story configuration for residential use.

Located at 1848 Lansing AVE NE in Salem, Oregon, the property combines three-unit scale with consistent layouts across the building. The repeated two-bedroom, one-bathroom plan creates a straightforward physical configuration for evaluating the asset.

Key Highlights

  • Three‑unit multifamily property with 2,250 square feet
  • Each unit has two bedrooms and one bathroom
  • Private backyard provided for every unit

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

789
Businesses Nearby

Demographics for 97301, OR

56,393
Population
21,419
Households
2.6
Avg Household Size
34
Median Age
18%
College-Educated
81%
High-School Grad
11.3 sq mi
ZIP Area
4,991
Density / Sq Mi
$57,497
Median Household Income
$33,220
Median Earnings
$1,197
Median Rent
$310,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three residences offer two bedrooms, one bathroom, and a private backyard per unit.
Where is this triplex located?
The property is located at 1848 Lansing Ave Ne Salem, OR.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Three‑unit multifamily property with 2,250 square feet; Each unit has two bedrooms and one bathroom; Private backyard provided for every unit
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