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Detached 4-Unit Multifamily Property

771 21st St SE, Salem, OR 97301

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For Sale

$550,000

MULTI_FAMILY - Salem, OR

Property size:

2,282 SF

Lot size:

0.13 Acres

Price / SF:

$241/SF

HighLights

Detached 4‑unit multifamily property built in 1925 near downtown Salem
Each unit offers 1BD/1BA, private entrance, fridge, and stove/oven
Utilities are separated with individual electric meters and separate water heaters for each unit
Substantial remodel/partial rebuild completed in the early 1990s with continued updates
Recent upgrades include roof replaced in 2017, newer water heaters, and fresh laminate flooring
Off‑street parking, on‑site coin‑operated laundry, and a fully fenced backyard courtyard

We can help!

Contact an agent

JOE SKIPPER

For Sale

$550,000

MULTI_FAMILY - Salem, OR

Property size:

2,282 SF

Lot size:

0.13 Acres

Price / SF:

$241/SF

Added:: May 14, 2026
Days on Market:: 49
Last Refresh:: Jul 1 at 9:06 pm

Property Features for 771 21st St SE

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 4
Bathrooms: 4
Rooms: Bathroom 3, Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 4, Bedroom 3, Bathroom 1
Standard status: Active
APN: 583175
Size: 2,282 SF
Lot size: 0.13 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Annual Amount: 3638

Utilities

Heating system: Wall Furnace

Building Details

Year built: 1925
Number of units: 4
Flooring type: Laminate
Roof type: Composition

We can help!

Contact an agent

JOE SKIPPER

Listing agent JOE SKIPPER License #201220823

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

Detached 4‑unit multifamily property built in 1925 near downtown Salem
Each unit offers 1BD/1BA, private entrance, fridge, and stove/oven
Utilities are separated with individual electric meters and separate water heaters for each unit
Substantial remodel/partial rebuild completed in the early 1990s with continued updates
Recent upgrades include roof replaced in 2017, newer water heaters, and fresh laminate flooring
Off‑street parking, on‑site coin‑operated laundry, and a fully fenced backyard courtyard

Overview

This detached 4-unit multifamily property offers four separate 1BD/1BA residences. Each unit includes a tub/shower, refrigerator, stove/oven, private entrance, individual electric meter, and a separate water heater to support straightforward, tenant-private utility setup. The building has been substantially remodeled and partially rebuilt in the early 1990s, with continuing updates since, including newer water heaters, fresh flooring throughout, and a roof replacement in 2017. On-site coin-operated laundry and a fully fenced backyard courtyard add practical everyday convenience. Dedicated off-street parking is also provided for residents.

The property is located near downtown Salem, with access to public transit and local colleges. The offering is for sale, with showings available by appointment only.

For investors or owner-operators seeking a manageable residential income building, the unit mix and separate utility configuration can simplify operations while preserving tenant privacy. Common amenities such as coin-operated laundry and the fenced courtyard support day-to-day livability, while the recent roof replacement and continued interior updates help reduce near-term building concerns. With each unit having its own entry, this setup is also conducive to tenant turnover and maintenance scheduling.

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: Salem
County: Marion
State: Oregon
Longitude: -123.01914
Latitude: 44.928672

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For sale
Quadplexes
OR
Salem
97301
771 21st St SE

What type of property is this?

Quadplex - Four separate 1-bedroom units with private entrances, in-unit appliances, and dedicated off-street parking.

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: Detached 4‑unit multifamily property built in 1925 near downtown Salem; Each unit offers 1BD/1BA, private entrance, fridge, and stove/oven; Utilities are separated with individual electric meters and separate water heaters for each unit

771 21st St SE, Salem, OR 97301

MULTI_FAMILY - Salem, OR

Property Features for 771 21st St SE

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Well-Maintained 8-Unit Multifamily

Duplex with Two 3BR Units

Multifamily Apartment Building with Laundry

Well-Maintained Multifamily Investment Opportunity

Well-Maintained Duplex

Manufactured Home Duplex on Acreage

Duplex with Attached Garages

Multi-Tenant Retail Strip Center

Salem Duplex with Garages

Remodeled Duplex with Two Driveways

Retail Storefront Property

Two-Unit Residential Income Duplex

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