771 21st St Se, Salem, OR 97301

Local realty services provided by:CENTURY 21 Agate Realty
771 21st St Se,Salem, OR 97301
$560,000
  • - Beds
  • - Baths
  • 2,282 sq. ft.
  • Multi-family
  • Active
Listed by: joe skipper, christina skipper
Office: exp realty, llc.
MLS#:245194097
Source:PORTLAND

Price summary

  • Price:$560,000
  • Price per sq. ft.:$245.4

About this home

Charming detached 4-unit multifamily property ideally situated near downtown Salem, public transit, and local colleges. Each spacious unit features 1 bedroom, 1 bathroom, private entrance, individual electric meter, and separate water heater, offering tenants privacy and convenience. The building underwent a major remodel and partial rebuild in the early 1990s with ongoing updates, including newer water heaters, fresh flooring throughout, and a roof with an estimated 30-year remaining lifespan per 2022 inspection. Residents enjoy dedicated off-street parking, on-site coin-operated laundry, and a fully fenced backyard courtyard. Excellent investment opportunity with potential to assume an attractive 2.75% FHA loan (buyer to verify with lender). Showings available by appointment only. Seller is related to listing agent.

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Home facts

  • Year built:1925
  • Listing ID #:245194097
  • Added:218 day(s) ago
  • Updated:March 12, 2026 at 11:16 AM

Rooms and interior

  • Living area:2,282 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:1925
  • Building area:2,282 sq. ft.
  • Lot area:0.13 Acres
  • Lot Features:Commons, Level, Public Road
  • Levels:2 Stories

Schools

  • High school:South Salem
  • Middle school:Leslie
  • Elementary school:Richmond

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$560,000
  • Price per sq. ft.:$245.4
  • Tax amount:$3,376 (2024)

Parking

  • Total parking spaces:4
  • Parking description:Off Street, On street
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The 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 brokerage firms other than CENTURY 21 Agate Realty are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: March 12, 2026