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    Salem 4-Plex Near Downtown Title is generated by Realmo AI

    771 21st St SE, Salem, OR 97301

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    For Sale
    $550,000

    4-Plex - Salem, OR

    Property size:
    2,282 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $241/SF
    Added:
    May 14, 2026
    Days on Market:
    3
    Last Refresh:
    May 16 at 4:06 am

    Property Features for 771 21st St SE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    4
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Interior features
    Handicap Amenities
    Exterior features
    Partially Fenced Yard
    Fencing
    Fenced, Partial
    Accessibility
    Accessible Approach with Ramp
    Appliances
    Dishwasher, Washer
    Standard status
    Active
    APN
    583175
    Size
    2,282 SF
    Lot size
    0.13 Acres

    Taxes and HOA fees

    Tax Annual Amount
    3638

    Utilities

    Heating system
    Wall Furnace

    Building Details

    Year built
    1925
    Number of units
    4
    Flooring type
    Laminate
    Roof type
    Composition
    Architectural style
    Other

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    Listing Contact
    JOE SKIPPER

    Listing agent JOE SKIPPER

    Listing office EXP REALTY, LLC 4800 MEADOWS RD, STE 300, Lake Oswego, OR

    Listing date May 14, 2026

    MLS# 841069 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

    • Attractive assumable 2.75% FHA loan (buyer to verify with lender)
    • Four individual 1BD/1BA units, each with private entrance, individual electric meter, and separate water heater for easy management and tenant privacy.
    • Ideally located near downtown Salem, public transit, and local colleges.
    • Substantially remodeled and partially rebuilt in the early 1990s with continued updates including newer water heaters, fresh flooring, and a 2017 roof replacement.
    • Dedicated off‑street parking and on‑site coin‑operated laundry.
    • Fully fenced backyard courtyard.

    Overview

    This detached 4-unit multifamily property is located near downtown Salem, public transit, and local colleges. Each unit features one bedroom and one bathroom with a tub/shower, refrigerator, and stove/refrigerator. Each unit also has a private entrance, individual electric meter, and separate water heater. The building was substantially remodeled and partially rebuilt in the early 1990s with continued updates since. Newer water heaters and fresh flooring have been installed throughout, and the roof was replaced in 2017. Residents have access to dedicated off-street parking, on-site coin-operated laundry, and a fully fenced backyard courtyard. The property is situated on a 0.13-acre lot. The property offers an investment opportunity. The property has 2282 square feet of space. Showings are available by appointment only.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.0190361
    Latitude
    44.9286828

    FAQs

    What type of property is this?
    Quadplex - Charming 4-unit multifamily property near downtown Salem.
    Where is this quadplex located?
    The property is located at 771 21st St SE Salem, OR.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: Attractive assumable 2.75% FHA loan (buyer to verify with lender); Four individual 1BD/1BA units, each with private entrance, individual electric meter, and separate water heater for easy management and tenant privacy.; Ideally located near downtown Salem, public transit, and local colleges.
    More about this property
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