$1,100,000

1710 Capitol St NE Salem, OR 97301

$10,000
Closing credit¹
4,800 sqft
0.08 acres
$229 / sqft
House

Property details

About 1710 Capitol St NE

Excellent solid investment 6-plex in the heart of Salem. Central location. 6 units all rented on month to month. No deferred maintenance. Newer electrical, plumbing, water lines, and appliances. Roof in excellent condition. Units have ceiling fans, hardwood floors. Some units recently remodeled. The property was awarded Most Improved Property of the year in the Salem area. Seller will also offer to carry financing, with 20-25% down, at 4% interest only for 5 years. With a cash offer, Seller will do a 1031 Exchange. Coin-op laundry provides extra income.Annual gross income $67,920. Annual Expenses $15,432 (23% of AG) 4.8 CAP. Access to property only with an accepted offer.

Highlights

Home typeOther
StatusActive
Size4,800 sqft
BasementYes
Lot size0.08 Acres
Year built1930
ParkingStreet Parking
MLS #695518904

Summary

  • MLS Number: 695518904
  • MLS Name: Regional Multiple Listing Service, Inc.
  • Office Name: CORE, Realtors
  • Office Phone: (971) 271-7174
  • Listing Agent: Ellen Bick

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/8/2025, 7:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home with a balcony and stucco siding

$1,100,000

1710 Capitol St NE

$10,000

closing credit¹

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Price information

Property sales

DateEventPrice
Apr 15, 2011
Home Sold
$262,000
Dec 12, 2006
Home Sold
$301,779
Jul 01, 1994
Home Sold
$165,000
Aug 15, 1990
Home Sold
$57,500

Tax history

YearAssessmentProperty Tax
2023$282,500$5,544
2022$274,280$5,389
2021$266,300$5,389
2020$258,550$5,083
2019$251,020$4,757
2017$236,620$4,369

History based on county public records data.

Nearby schools

7

Grant Community School

Public District PK-5

0.4 mi

725 Market St NE

1

Highland Elementary School

Public District PK-5

0.6 mi

530 Highland Ave NE

4

Englewood Elementary School

Public District KG-5

0.7 mi

1132 19th St NE

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $57,176. The majority of Salem, OR residents have income between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

16%
<35k
75%
35k-100k
8%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

48%
Single, No Kids
19%
Single, with Kids
15%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

22%
<11 yrs old
8%
12-17 yrs old
29%
18-34 yrs old
35%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • PopeyesPopeyes
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • KiaKia
  • NissanNissan
  • DodgeDodge

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1710 Capitol St NE

This home is located at 1710 Capitol St NE in Salem, OR and zip code 97301 in the Grant neighborhood. This 4,800 square foot home, which was built in 1930, sits on a 0.08 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 6, 2025 and is currently priced at $1,100,000.

In February 2025, from all listings sold in Salem, OR there were more than 17 sold above asking price, over 13 sold below and more than 26 were sold right at the asked price. The number of homes for sale in Salem, OR increased by 0.3% between January and February 2025. In February 2025 median list price was $434,999 and the average listing age was 55 days.

From Rocket Homes Real Estate and based on county public records data.

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