$925,000

241 NW 25th St Salem, OR 97301

$10,000
Closing credit¹
4,292 sqft
0.2 acres
$216 / sqft
House

Property details

About 241 NW 25th St

More info available—call today! Modern purpose-built 4-unit investment property with 14 beds, 8 baths, and steady rental income from long-term residents. Features newer roof, fiber cement siding, ample parking, and on-site laundry. Tenants pay utilities, with market rent upside! Low-maintenance design & expenses in a prime location. Rare unit mix: (3) 4-bed/1.5-bath units + (1) 2-bed/1.5-bath unit. An excellent cash-flowing opportunity!

Highlights

Home typeOther
StatusActive
Size4,292 sqft
Lot size0.21 Acres
Year built1996
ParkingStreet Parking, Paved
MLS #254623360

Summary

  • Attached Garage: No
  • Parking: Street Parking, Paved
  • List Price: $925,000
  • Price/SqFt: $215
  • Directions: Turn left on State Street
  • Year Built: 1996
  • Stories: 1
  • Living Area: 4,292 SqFt
  • Lot Size: 0.21 Acres
  • MLS Number: 254623360
  • MLS Name: Regional Multiple Listing Service, Inc.
  • Office Name: Keller Williams Realty Mid-Willamette
  • Office Phone: (541) 738-7770
  • Listing Agent: Susan Long

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: 5/19/2025, 8:20:30 AM 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 exterior entry

$925,000

241 NW 25th St

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

5

Richmond Elementary School

Public District KG-5

0.3 mi

466 Richmond Ave SE

4

Englewood Elementary School

Public District KG-5

0.8 mi

1132 19th St NE

5

Bush Elementary School

Public District KG-5

0.8 mi

410 14th St SE

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 $25,882. The majority of Salem, OR residents have income less than $<35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

66%
<35k
16%
35k-100k
14%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

55%
Single, No Kids
15%
Single, with Kids
14%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

3%
<11 yrs old
2%
12-17 yrs old
40%
18-34 yrs old
50%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

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

Where do the neighbors shop?

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

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • DodgeDodge

What do the neighbors listen to?

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

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Frequently asked questions

About 241 NW 25th St

The listing price of 241 NW 25th St property is $925,000.

The property 241 NW 25th St is a house located in Salem, Oregon, 97301.

Active Listing: 241 NW 25th St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 241 NW 25th St are: Richmond Elementary School (GreatSchools Rating 5/10), Englewood Elementary School (GreatSchools Rating 4/10), Bush Elementary School (GreatSchools Rating 5/10), Parrish Middle School (GreatSchools Rating 4/10), Howard Street Charter (GreatSchools Rating 8/10), Waldo Middle School (GreatSchools Rating 2/10), North Salem High School (GreatSchools Rating 4/10), Roberts High School (GreatSchools Rating 2/10), South Salem High School (GreatSchools Rating 7/10).

The property at 241 NW 25th St has 0 bathroom.

The property 241 NW 25th St is 4,292 SqFt (source: MLS/tax record).

The year of construction for 241 NW 25th St is 1996.

This home is located at 241 NW 25th St in Salem, OR and zip code 97301 in the Northeast Neighbors neighborhood. This 4,292 square foot home, which was built in 1996, sits on a 0.21 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 21, 2025 and is currently priced at $925,000.

In April 2025 more than 22 listings in Salem, OR were sold above the asking price. During the same period more than 19 listings were sold at asking price, while more than 25 were sold below. The inventory of homes for sale in Salem, OR between March and April 2025 increased by 3.4%. In April 2025 median list price was $439,976 and the average listing age was 48 days.

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

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