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    Well-Maintained Duplex Title is generated by Realmo AI

    2572 Arroyo Ridge - 2574 Ct NW, Salem, OR 97304

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    Claim this Listing
    New
    For Sale
    $585,000

    MULTI_FAMILY - Salem, OR

    Property size:
    2,723 SF
    Lot size:
    0.20 Acres
    Price / SF:
    $214/SF
    Added:
    Jul 1, 2026
    Days on Market:
    1
    Last Refresh:
    Jul 1 at 10:06 pm

    Property Features for 2572 Arroyo Ridge - 2574 Ct NW

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    5
    Rooms
    Bathroom 1, Bathroom 5, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 4, Bathroom 4, Bedroom 1, Bedroom 3
    Patio and Porch features
    Deck
    Fireplace
    1
    Standard status
    Active
    Size
    2,723 SF
    Lot size
    0.20 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1993
    Number of units
    2
    Flooring type
    Carpet
    Roof type
    Composition

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    GLADYS BLUM

    Listing agent GLADYS BLUM

    Listing office BLUM REAL ESTATE 2035 MADRONA AV SE STE 100, Salem, OR

    Listing date Jul 1, 2026

    MLS# 842922 Listing URL

    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

    • 1993‑built duplex with 4 bedrooms (Bedroom 1–4) and multiple bathrooms (Bathroom 1–5)
    • Forced air heating with natural gas
    • Fireplace included
    • Deck patio/porch feature
    • Carpet flooring
    • Composition roof

    Overview

    This well-maintained duplex features a private setting with mature trees, low-maintenance landscaping, and a level driveway. The configuration includes lower-level bedrooms designed to separate them from the main living areas, supporting comfortable day-to-day privacy. A shared 3-car garage serves both units, providing covered parking and added convenience.

    Located in the West Salem hills within an area of mostly single-family homes, the property is listed for sale at 2572 Arroyo Ridge - 2574 Ct NW, Salem, OR 97304. The lot is 0.2 acres, and the total property size is 2,723 square feet.

    For buyers seeking a residential income property, this duplex layout offers two distinct living arrangements within one site while maintaining separation between bedroom and main living spaces. The combination of a level driveway and shared garage helps simplify everyday access, while the landscaping and mature tree setting can reduce outside maintenance demands relative to more hands-on yard setups.

    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 $50.0k $18.36
    − Vacancy −$3.3k −$1.20
    EGI $46.7k $17.16
    − OpEx −$14.0k −$5.15
    NOI $32.7k $12.01
    2,723 SF · lease $18.36/SF/yr · vacancy 6.55% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $467.2K
    $408.8K – $545.1K (±1% cap)
    NOI $32,704 @ 7.0% cap · market cap 5.59%
    Second Best
    Apartment 5plus
    $430.2K
    $376.5K – $502.0K (±1% cap)
    NOI $30,117 @ 7.0% cap · market cap 5.15%
    Theoretical Best
    Office A
    $723.0K
    $632.6K – $843.5K (±1% cap)
    NOI $50,609 @ 7.0% cap · market cap 8.65%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.084938
    Latitude
    44.941029

    FAQs

    What type of property is this?
    Duplex - Two-unit duplex with level driveway, shared 3-car garage, and lower-level bedroom separation in West Salem hills.
    Where is this duplex located?
    The property is located at 2572 Arroyo Ridge - 2574 Ct NW Salem, OR.
    What is the asking price?
    The asking price for this property is $585,000.
    What are key features of this property?
    This property features: 1993‑built duplex with 4 bedrooms (Bedroom 1–4) and multiple bathrooms (Bathroom 1–5); Forced air heating with natural gas; Fireplace included
    More about this property
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