$535000
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3 Bed
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3 Bath
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1615 SqFt
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1 DOM
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Built: 1937
- Status: Active
Love this home?
Mohanraj Rajendran
Real Estate Agent
(503) 336-1515Calling all investors—don’t miss this exceptional three-unit multifamily opportunity. This property is ideal for investors looking to expand their portfolio or for an owner-occupant who wants to live in one unit while renting out the other two.All units have been renovated, and the building is fully occupied. The seller currently resides in one unit, with the remaining two secured by leases. Located on a quiet, tree-lined street, the property offers a peaceful and desirable setting.Whether you’re adding to an existing portfolio or purchasing your first investment property, this one delivers. The numbers are strong, with an actual cap rate exceeding 6%.Please submit offers contingent upon a walkthrough. Kindly do not disturb the tenants or walk the property.
Listing Provided Courtesy of Michael Bivens, Bridgetown Equity Prop LLC
General Information
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487660105
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1 DOM
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3
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3484.8 SqFt
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3
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1615
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1937
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RS
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Marion
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577112
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Other
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Parrish
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North Salem
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MultiFamily
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HIGHLAND AVE ADD SALEM FR LOT 7 BLK 10
Listing Provided Courtesy of Michael Bivens, Bridgetown Equity Prop LLC
Mohan Realty Group data last checked: Jan 13, 2026 06:48 | Listing last modified Jan 12, 2026 17:17,
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