44.908424 -123.041626

620 RATCLIFF DR SE Salem, OR 97302

290205240 44.908424 -123.041626 322 /listing/290205240-150275639/620-ratcliff-dr-se-salem-or-97302 False 0 599900.0 105 21128228 False
  • $599,900
  • 7,000 to 9,999 SqFt lot
  • Est payment $3220.39/mo

Property & Neighborhood Info

Courtesy Of RE/MAX Integrity

Multi-Family in Salem

GREAT INVESTMENT OPPORTUNITY! 4-plex near heart of South Salem with great rental history and many updates. Recent updates include: new roof, new vinyl windows, exterior paint, and laminate flooring. Each unit comes with a one car detached garage.

Courtesy Of RE/MAX Integrity
  1. 7,000 to 9,999 SqFt Lot

Main Features

  • Listing Status: Contract Pending
  • Year Built: 1977
  • Floors: 2
  • School District: McKinley
  • School District2: Leslie
  • School District3: South Salem
  • County: Marion
  • Taxes: $5,124.00
  • Units: 2492
  • Zoning: RM2
  • MLS Number:21128228

Additional Features

  • Disclosures:
    • Exempt
  • Occupancy:
    • Leased
    • Month to Month
    • Other
  • Roof:
    • Shingle
  • Storage:
    • Garage(s)
  • Unit 1 Features:
    • Dishwasher
    • Disposal
    • Refrigerator
    • Washer/Dryer Hookup
  • Unit 2 Features:
    • Dishwasher
    • Disposal
    • Refrigerator
    • Washer/Dryer Hookup
  • Unit 3 Features:
    • Dishwasher
    • Disposal
    • Refrigerator
    • Washer/Dryer Hookup
  • Unit 4 Features:
    • Dishwasher
    • Disposal
    • Refrigerator
    • Washer/Dryer Hookup
  • Unit Features:
    • Dishwasher
    • Disposal
    • Refrigerator
    • Washer/Dryer Hookup
  • Basement:
    • Crawl Space
  • Exterior:
    • T-111 Siding
  • Lot Size Range:
    • 000 to 9
    • 7
    • 999 SqFt
  • Parking Features:
    • Assigned
    • Garage
  • Heating:
    • Radiant
  • Heating Fuel:
    • Electricity
  • Hot Water:
    • Electricity
  • Sewer Type:
    • Public Sewer
  • Road Surface:
    • Paved
  • Water:
    • PUBLIC
  • Gross Income:
    • 36600
  • Investor Information:
    • According to Owner
    • Leases
    • Rent Records
    • Utility Records Available
  • Legal Description:
    • WILLOW CREEK PARK, LOT 1, ACRES 0.21
  • Limited Representation:
    • Full Service
  • Net Operating Income:
    • 22934
  • Offering Type:
    • Call Seller's Agent
  • Price Type:
    • List Price
  • Short Sale YN:
    • No
  • Terms:
    • Cash
    • Conventional
  • CDOM:
    • 6
  • Tax ID:
    • R96410
  • Cap Rate:
    • 3.82
  • Operating Expense:
    • 13666
  • Unit 1 Apx Sq Ft:
    • 836
  • Unit 1 Rent:
    • 700
  • Unit 1 Total Baths:
    • 1
  • Unit 1 Total Beds:
    • 2
  • Unit 2 Apx Sq Ft:
    • 836
  • Unit 2 Rent:
    • 700
  • Unit 2 Total Baths:
    • 1
  • Unit 2 Total Beds:
    • 2
  • Unit 3 Apx Sq Ft:
    • 836
  • Unit 3 Rent:
    • 750
  • Unit 3 Total Baths:
    • 1
  • Unit 3 Total Beds:
    • 2
  • Unit 4 Apx Sq Ft:
    • 836
  • Unit 4 Rent:
    • 900
  • Unit 4 Total Baths:
    • 1
  • Unit 4 Total Beds:
    • 2
Neighborhood info courtesy of Homes.com © 2021

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Tracy Brophy
Tracy Brophy
Principal Broker
6245 SW Capitol Hwy Portland OR 97239
Let us help you!
44.908424 -123.041626

620 RATCLIFF DR SE Salem, OR 97302

290205240 44.908424 -123.041626 322 /listing/290205240-150275639/620-ratcliff-dr-se-salem-or-97302 False 0 599900.0 105 21128228 False
  • $599,900
  • 7,000 to 9,999 SqFt lot
  • Est payment $3220.39/mo