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Townhouse-Style Triplex
New
For Sale
$745,000

905 CHARTER Pl, Salem, OR 97301

MultiFamily, Salem, OR

Property SizeContact for details
Lot Size0.22 Acres
Days on Market3

Property Features for 905 CHARTER Pl

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RM2
Bedrooms 9
Bathrooms 9
Full bathrooms 9
Rooms Bedroom 7, Bedroom 1, Bathroom 2, Bathroom 9, Bedroom 5, Bathroom 4, Bedroom 9, Bathroom 8, Bathroom 3, Bedroom 4, Bathroom 5, Bedroom 2, Bedroom 3, Bedroom 6, Bathroom 7, Bathroom 1, Bathroom 6, Bedroom 8
Elementary school Hoover
Middle school Parrish
High school North Salem
Directions Google maps
Subdivision _174
Standard status Active
APN 569260
Lot size 0.22 Acres

Taxes and HOA fees

Tax Description CHARTER HOMES, LOT 9 & FR 8
Tax Annual Amount 6955
Legal Description CHARTER HOMES, LOT 9 & FR 8

Utilities

Heating system Forced Air

Building Details

Year built 2001
Number of units 3
Roof type Composition
Listing Agency: eXp Realty, LLC
Listed By: Daniel Ramirez · License #201245241
Added: Aug 19 Changed: Aug 21 Last Checked: Aug 21 at 2:06PM
MLS# 234388221

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This townhouse-style triplex contains three occupied residences, each with 3 bedrooms, 2.5 bathrooms, approximately 1,248 square feet, and an attached single-car garage. Constructed in 2001, the property has composition roofing with a new roof identified for 2026, along with forced-air heating. The lot encompasses 0.22 acres and the property is zoned RM2.

The residences are located at 905, 911, and 915 Charter Pl NE in Salem, Oregon, with shopping, amenities, and freeway access described nearby. Tenants pay their own utilities, and professional property management is already in place. The current occupancy across all three units provides an operating multifamily configuration for a long-term owner.

Key Highlights

  • Three occupied units, each with 3 bedrooms and 2.5 bathrooms
  • Approximately 1,248 sq ft per unit with an attached single‑car garage
  • New roof identified for 2026; composition roofing

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Daycare Center Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,416
Businesses Nearby

Demographics for 97301, OR

56,393
Population
21,419
Households
2.6
Avg Household Size
34
Median Age
18%
College-Educated
81%
High-School Grad
11.3 sq mi
ZIP Area
4,991
Density / Sq Mi
$57,497
Median Household Income
$33,220
Median Earnings
$1,197
Median Rent
$310,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Each residence includes multiple bedrooms, private garages, and forced-air heating.
Where is this triplex located?
The property is located at 905 CHARTER Pl Salem, OR.
What is the asking price?
The asking price for this property is $745,000.
What are key features of this property?
This property features: Three occupied units, each with 3 bedrooms and 2.5 bathrooms; Approximately 1,248 sq ft per unit with an attached single‑car garage; New roof identified for 2026; composition roofing
More about this property
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