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Sold on 03/27/2018
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4177 Geranium Loop, Salem, OR 97305

$384,500

Last sold 03/27/2018 after 31 Days

  • —

    bed

  • —

    bath

  • 2,564

    Sqft ($150/Sqft)

Multi-family not for sale
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About 4177 Geranium Loop

Property type Multi-family
Neighborhood
Year built 2004
HOA fee $0/month
Rental estimate
Property description
Great Opportunity! Sale of 2 legal zero lot line units which can allow for buyer to sell them separately in future! Both units have a open floor plan with generous master suites w/walk-ins. Units have fenced yards w/UGSS. Below market rents due to 1 long term providing management. Both are month-to-month & all leases run through October 31, 2018. Nice enough for owner-occupied! Please respect tenants privacy & do not disturb.
Listed by
Listing Agent - Troy Morris
Listing Office - Excel Real Estate
Source: RMLS mls logo
MLS#18409188 • last updated 2 years ago
Movoto checked RMLS for data 8 minutes ago
Overview
Heating Forced Air
MLS # 18409188
Type Multi Family
Status Sold
Property Tax 2493.98
Year Built 2004
Exterior
Roof Composition
# Parking Spaces 1
Exterior Features Cement Siding
Lot Desc Flag Lot, Level
Amenities / Utilities
Hot Water Gas
Sewer/ Septic Public Sewer
Water Source Public Water
Location
View Territorial
County Marion
Area 176 - Marion Co: East Salem N
Elementary School Hammond
Middle School Stephens
High School McKay
Zoning RM2
Directions From Hayesville Dr. Left On Happy Dr. Left On Geranium Ave. Right On Geranium Lp
APN 334593
Multifamily Details
Unit Type 1: # Bedrooms 3
Unit Type 1 : Total Baths 3
Unit Type 2: # Bedrooms 3
Unit Type 2: Total Baths 3
Unit Type 1: Rent 300
Unit Type 2: Rent 950
Total # of Units 2
Gross Rent Multiplier 26.66
Net Operating Income 15000
Gross Income 15000
Cap Rate 3.66
We are not permitted to show value estimates for this property.
  • May 2018
    Public Records
  • May 11, 2018 Sold
    $192,250 (-50.0%)
  • May 2018
    mls logo MLS # 18409188
  • May 11, 2018 Sold
    $384,500 (-3.9%)
  • Mar 27, 2018 Pending
    —
  • Mar 13, 2018 Price Change
    $399,900 (-2.4%)
  • Feb 24, 2018 Listed
    $409,900
  • Year Property taxes Tax assessment
  • 2025
    $3,514 +7.8%
    $171,030 +3.0%
  • 2024
    $3,260 +3.0%
    $166,050 +3.0%
  • 2023
    $3,164 +2.9%
    $161,220 +3.0%
  • 2022
    $3,076 +2.9%
    $156,530 +2.99%
  • 2021
    $2,988 +3.0%
    $151,980 +3.0%
  • 2020
    $2,901 +3.6%
    $147,560 +2.99%
  • 2019
    $2,799 +1.3%
    $143,270
  • 2018
    $2,763 +10.8%
    —
  • 2017
    $2,494 +5.0%
    —
  • 2016
    $2,376 -0.8%
    —
  • 2015
    $2,394
    —
  • 4177 Geranium Loop
    $384K
  • Northgate
    $447K +4% y/y
  • 97305
    $440K 0% y/y
  • Salem
    $499K +1% y/y
No chart available
Statistics calculated by Movoto

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

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