Movoto Real Estate
Sold on 10/13/2021
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1908 Broadway St NE, Salem, OR 97301

$257,000

Last sold 10/13/2021 after 12 Days

  • —

    bed

  • —

    bath

  • 1,366

    Sqft ($188/Sqft)

Multi-family not for sale

About 1908 Broadway St NE

Property type Multi-family
Neighborhood
Year built 1969
HOA fee $0/month
Rental estimate
Property description
Here is the PERFECT INVESTMENT DUPLEX you have been looking for! Each 1 bed 1 bath unit has ALLEY ACCESS AND PARKING with sidewalks leading to each entry, so no need to be on Broadway St. ONE UNIT UPDATED and one unit has a long term tenant. Many repairs, maintenance and upgrades were performed in the last three years. This is the BEST PRICED DUPLEX you can find! Hurry before it's gone!!! *** DO NOT DISTURB TENANTS ***
Listed by
Listing Agent - Jason Kennedy
Listing Office - RE/MAX Equity Group
Source: RMLS mls logo
MLS#21569949 • last updated 4 years ago
Movoto checked RMLS for data 1 minute ago
Overview
Heating Baseboard
MLS # 21569949
Type Multi Family
Status Sold
Property Tax 2339.73
Year Built 1969
Exterior
Roof Composition
Exterior Features T-111 Siding
Lot Desc Level
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Marion
Area 174 - Marion Co: Central Salem
Elementary School Highland
Middle School Parrish
High School North Salem
Zoning RM
Directions Salem Parkway To Broadway
APN 567158
Multifamily Details
Unit Type 1: # Bedrooms 1
Unit Type 1 : Total Baths 1
Unit Type 2: # Bedrooms 1
Unit Type 2: Total Baths 1
Unit Type 1: Rent 850
Unit Type 2: Rent 700
Total # of Units 2
Gross Rent Multiplier 13.71
Net Operating Income 13020
Operating Expense 5580
Gross Income 18600
Cap Rate 5.11
Lot/ Land Details
Road Surface Paved
We are not permitted to show value estimates for this property.
  • Dec 2021
    Public Records
  • Dec 10, 2021 Sold
    $257,000
  • Dec 2021
    mls logo MLS # 21569949
  • Dec 10, 2021 Sold
    $257,000 (+0.8%)
  • Oct 13, 2021 Pending
    —
  • Oct 1, 2021 Listed
    $255,000 (+56.4%)
  • Oct 2021
    mls logo MLS # 784353
  • Oct 1, 2021 Listed
    $255,000
  • Nov 2018
    Public Records
  • Nov 2, 2018 Sold
    $163,000
  • Year Property taxes Tax assessment
  • 2025
    $2,922 +7.8%
    $142,220 +3.0%
  • 2024
    $2,711 +3.0%
    $138,080 +3.0%
  • 2023
    $2,631 +2.9%
    $134,060 +3.0%
  • 2022
    $2,558 +2.9%
    $130,160 +3.0%
  • 2021
    $2,485 +3.0%
    $126,370 +3.0%
  • 2020
    $2,412 +3.6%
    $122,690 +3.0%
  • 2019
    $2,327 +1.3%
    $119,120
  • 2018
    $2,298 +10.8%
    —
  • 2017
    $2,074 +5.0%
    —
  • 2016
    $1,975 -0.8%
    —
  • 2015
    $1,990
    —
  • 1908 Broadway St NE
    $257K
  • Highland
    $384K +9% y/y
  • 97301
    $400K 0% y/y
  • Salem
    $499K +1% y/y
No chart available
Statistics calculated by Movoto

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2/10
Highland Elementary School
public Grades K-5
Salem-Keizer School District 24j
3/10
Parrish Middle School
public Grades 6-8
Salem-Keizer School District 24j
3/10
North Salem High School
public Grades 9-12
Salem-Keizer School District 24j
Source: GreatSchools.org © 2026. All rights reserved.

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  • 1908 Broadway St NE
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