MLS# 24108755 – 4433 State St, Salem, OR 97301 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Property Details and Features

Property Access

Road Surface Type:

Paved

Building

Building Area Total:

3537

Built in 1937

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3,UnitTypeType4

Expenses

Operating Expense Scheduled:

12190

Operating Expense:

$12,190

Exterior Features

Exterior Description:

LapSiding

Foundation

Foundation Details:

Slab

Heating

Heating:

WallHeater

Income

CAP Rate:

0.54

Gross Income:

$56,246

Gross Rent Multiplier:

14.22

Gross Scheduled Income:

$56,246

Net Operating Income:

$4,336

Net Scheduled Income:

43336

Listing

Contract Status Change Date:

2024-09-23

Days On Market:

Last Transaction Date:

2024-09-23 16:29:53

List Price:

$800,000

Listing Contract Date:

2024-09-23

Listing Id:

24108755

Mls Status:

Active

Modification Timestamp:

2024-09-23 16:29:53

On Market Date:

2024-09-23

Rent Includes:

MaintenanceGrounds,Sewer,Water

Standard Status:

Active

Location

MLS Area Major:

_175

County Or Parish:

Marion

Lot

Size Acres:

0.67

Size Range:

SqFt20000toAcres1

Size Square Feet:

29,185

Size:

20,000 SqFt to .99 Acres

Miscellaneous

Investor Information:

AccordingToOwner

Parking

Features:

Driveway,Paved

Possession

Possession:

CloseOfEscrow

Property

Number Of Units Total:

Property Condition:

Existing

Zoning:

Roof

Roof:

Composition

Schools

High School:

South Salem

Middle Or Junior School:

Houck

Elementary School:

Eyre

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$4,284

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$850

Area:

625

Features:

Range,Refrigerator,WasherDryerHookup,WindowCoverings

Units Total:

1 total bathroom

1 total bedroom

Unit Two

Actual Rent:

$1,395

Area:

800

Features:

Range,Refrigerator,WasherDryerHookup,WindowCoverings

Units Total:

1 total bathroom

2 total bedroom

Unit Three

Actual Rent:

$1,315

Area:

800

Units Total:

1 total bathroom

2 total bedroom

Unit Four

Actual Rent:

$1,325

Area:

800

Features:

Range,Refrigerator,WasherDryerHookup,WindowCoverings

Units Total:

1 total bathroom

2 total bedroom

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity

Internet Service Type:

Cable

Water Source:

PublicWater

[+] Read More

4433 State St Salem , OR 97301

Property Description

Description

Open House

Open House

Property Details and Features

Property Details and Features

Contact an Agent

John Wesley McPherson, Jr., CFA

Location

Street View

Nearby Schools

Recent Sales in the Area

Similar Properties Nearby