#24127777, Chris Forrette, Listing Office: Coldwell Banker Mountain West
1214 Dorval Ave NW Salem, OR 97304
Property details
About 1214 Dorval Ave NW
Turn-key 5-plex in a prime West Salem location, offered at a 6.5% cap rate. Each unit features 2 bedrooms, 1.5 baths, in-unit laundry, and covered parking—ideal for attracting quality, long-term tenants. Built in 1977 with a history of low vacancy and strong performance. Close to downtown, shopping, hospitals, and major commute routes. Steady cash flow and long-term appreciation makes this a smart addition to your portfolio. Call with questions, invest in your future!
Highlights
Virtual tour
Summary
- MLS Number: 584253865
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: RE/MAX Integrity
- Office Phone: (503) 587-1600
- Listing Agent: George Wright
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Last updated on: 4/6/2025, 1:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,025,000
1214 Dorval Ave NW
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $398,850 | $7,517 |
2022 | $387,240 | $7,276 |
2021 | $375,970 | $7,276 |
2020 | $365,020 | $7,068 |
2019 | $354,390 | $6,619 |
History based on county public records data.
Nearby schools
4
Harritt Elementary School
Public District PK-5
1.0 mi
•2112 Linwood St NW
4
Chapman Hill Elementary School
Public District KG-5
1.2 mi
•1500 Doaks Ferry Rd NW
7
Myers Elementary School
Public District KG-5
1.2 mi
•2160 Jewel St NW
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $63,081. Most Salem, OR residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 1214 Dorval Ave NW
This home is located at 1214 Dorval Ave NW in Salem, OR and zip code 97304 in the West Salem neighborhood. This 6,330 square foot home, which was built in 1977, sits on a 0.34 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 3, 2025 and is currently priced at $1,025,000.
Over 30 listings were sold over their listed price in March 2025 in Salem, OR. In the same period over 20 listings were sold below the listed price and 27 listings were sold for the listed price. The inventory of homes for sale in Salem, OR between February and March 2025 increased by 5.1%. Listings spent 44 days on the market in March 2025, and had a median list price of $438,166 during the same period.