Duplex With Private
3441 Livingston Street Northeast Salem, OR 97301
3441 Livingston Street Northeast, Salem, OR, 97301
$450,000
For Sale
$450,000
Two-unit duplex with each side offering two bedrooms, one bathroom, and an attached one-car garage.
Property Size2,000 SF
Price / SF$225
Days on Market258
Property Features for 3441 Livingston Street Northeast
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1955
Listing agency
Opt
(208) 912-5591
Listed by
Shawn Richardson · License #201210661
(208) 912-5591
Source
Compass
Added: Nov 6, 2025 Updated: Jul 20 at 11:33PM Checked: Jul 22 at 9:01AM
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 Opt
Investment Insights
Based on property information with market context.
This well-located duplex in Salem includes two residential units, and each unit features two bedrooms, one bathroom, and an attached one-car garage. Both units also offer private backyard space, providing dedicated outdoor areas.
The property is conveniently situated near schools, shopping, and major commuter routes, supporting day-to-day access for residents.
As a residential income property, the duplex offers an owner-occupant or investor the flexibility of living in one unit while renting the other.
The property is conveniently situated near schools, shopping, and major commuter routes, supporting day-to-day access for residents.
As a residential income property, the duplex offers an owner-occupant or investor the flexibility of living in one unit while renting the other.
Key Highlights
- Two‑unit duplex in Salem with two bedrooms and one bathroom in each unit
- Each unit includes an attached 1‑car garage
- Each unit offers a private backyard for outdoor space
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 |
2,000 SF · lease $18.36/SF/yr · vacancy 6.55% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$343.1K
$300.3K – $400.3K
NOI $24,020 @ 7.0% cap · market cap 5.34%
Second Best
Apartment 5plus
$316.0K
$276.5K – $368.7K
NOI $22,121 @ 7.0% cap · market cap 4.92%
Theoretical Best
Office A
$531.0K
$464.6K – $619.5K
NOI $37,171 @ 7.0% cap · market cap 8.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Two-unit duplex with each side offering two bedrooms, one bathroom, and an attached one-car garage.
Where is this duplex located?
The property is located at 3441 Livingston Street Northeast Salem, OR.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two‑unit duplex in Salem with two bedrooms and one bathroom in each unit; Each unit includes an attached 1‑car garage; Each unit offers a private backyard for outdoor space
