#732368416, Heather Brymer, Brooke Garrett, Listing Office: Keller Williams Realty Professionals
1710 Capitol St NE Salem, OR 97301
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
Summary
- MLS Number: 695518904
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: CORE, Realtors
- Office Phone: (971) 271-7174
- Listing Agent: Ellen Bick
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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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$1,100,000
1710 Capitol St NE
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
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
Year | Assessment | Property 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.
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.
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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.