Financial
Distress signals
Property profile

890 Cascade NW Dr Salem, OR 97304

OFF-MARKET
Apartment buildings
Property ID
US71-0785808
3,912 SF 0.6 ac lot Built 1948
Last sale Feb 2024 · $280,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$367k
Assessed land$92k
Assessed improvement$275k
Effective rate1.88%

Value estimate

· Sep 2026
$280k
$252k – $308k
AI approach$280k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$156/SF
County average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$102 – $199

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RS
The purpose of the Single Family Residential (RS) Zone is to implement the single family residential designation of the Salem Area Compre...
General categoryRESIDENTIAL
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.8
Parking Facility10.7
Furniture Store9.7

Location

890 Cascade NW Dr Salem, OR 97304-3764
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1053 Ruge NW, Salem, OR 97304-3968 $1,690,000 Jul 2024 4,103 SF
1132 6th NW, Salem, OR 97304-3964 $200,000 Mar 2022 3,396 SF
1142 6th NW, Salem, OR 97304-3964 $200,000 Mar 2022 3,396 SF
653 Fir Gdns NW, Salem, OR 97304-4324 $590,000 Dec 2020 3,104 SF
961 Lynda NW, Salem, OR 97304-2120 $312,000 May 2020 3,556 SF
1031 7th NW, Salem, OR 97304-3971 $500,000 Feb 2019 4,140 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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