Primary on Main
1415 4th St Salem, OR
$ 399,900
Property Attributes
  • MLS#781078
  • TypeSingle Family
  • CountyMARION
  • CitySalem
  • NeighborhoodNorth Salem Addition
  • Zip97301
  • Style2 Story
  • Price$ 399,900
  • Bedrooms6
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2775
  • Lot Size9,583 SqFt
Listing Provided Courtesy Of:
Data Source:
Willamette Valley MLS (WVMLS) - 89 - OR
Property Description

ATTN INVESTORS! Large 9 bedroom home on spacious RM zoned lot. New roof September 2018. Currently being used as a non-profit group home. Lease is $2093/month with tenant paying all utilities, landscaping costs and annual sprinkler system testing. 100% property tax exemption. 866 sq/ft unfinished basement. 2.5% annual increase built into lease. Lease runs July 1-June 30 with automatic renewal. Landlord maintains exterior. Easy to manage investment.

Elementary School Middle School High School
Grant Elementary School Parrish Middle School North Salem High School
Price History
7/26/2021 Listed $429,000
10/12/2021 7% - $399,900

General Features

Assessments Or Liens No
Basement Unfinished
Beds 6
Block 38
Class Residential
HOA No Association
High School North Salem
Kitchen Level 1/Main
Listing Area 20 CENTRAL SALEM
Middle School Parrish
New Construction No
Price Per Sq Ft 144.11
Status Active
Subdivision OR
Subdivision North Salem Addition
Terms Seller Willconsider Cash, Conv
Type Residence
Water City
Year Built 1915
Zoning RM

Interior Features

Additional Room Level 2/Upper
Baths on Level 1 2
Baths on Level 2 1
Dining Room Level 1/Main
Dishwasher Yes
Disposal Yes
Dual Living Yes
Family Room Level 1/Main
Full Baths 3
Heating-Cooling Gas, Forced Air
High Speed Comm Access Present
Living Room Level 1/Main
Master Bedroom Level 1/Main
Utility Room Level 1/Main

Exterior Features

Bedroom 2 Level 1/Main
Bedroom 3 Level 2/Upper
Bedroom 4 Level 2/Upper
Approx Lot Dimensions 77.8 x 122.5
Exterior Color White
Fenced Yard Yes
Garage Type None
Home Style 2 Story
Landscape Yes
Lot 4 Fr 3
Lot Size Area 0.22
Sewer - City Yes
Siding Wood
Siding Style Lap


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 97301

AVG $420K
AVG 50
Year Built
AVG 1946
AVG 59
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.