4133 & 4135 Campbell Dr SE, Salem, OR 97317
Two well-maintained duplexes totaling four units in Southeast Salem.
- Added:
- Feb 21, 2026
- Days on Market:
- 126
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 4133 & 4135 Campbell Dr SE
General Information
- Standard status
- Active
- Size
- 3,744 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1972
Listing office First Commercial Real Estate Services
Listing date Feb 21, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of First Commercial Real Estate Services
HighLights
- Portfolio investment: Two adjacent duplexes totaling four units.
- Recent comprehensive renovations in 2021: exterior painting, plumbing (PEX), flooring, HVAC, vapor barrier.
- Favorable unit mix: Two 2BR/1BA and two 3BR/1BA units.
- Rent diversification and broad tenant appeal.
- Well‑maintained properties.
- Located in Southeast Salem.
Overview
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 | $68.7k | $18.36 |
| − Vacancy | −$4.5k | −$1.20 |
| EGI | $64.2k | $17.16 |
| − OpEx | −$19.3k | −$5.15 |
| NOI | $45.0k | $12.01 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Marion
- State
- Oregon
- Longitude
- -122.9758596
- Latitude
- 44.9110312
