SOLD JUL 17, 2026

Sold on jul 2026

$7,000,000

•

87 ba

•

—

sq ft

3872 Liberty Rd, Salem, OR 97302

About this home

Recently renovated 45 unit apartment community. New Hardi siding, new windows, new decks and exterior paint. Property benefits from a large 2 bed 2 bath floor plan in most units. Full size washers and dryers included in units. Qualified buyer can assume the existing loan with a 3.25% interest rate for approximately 3 more years. Call broker for full marketing package and loan info. Please do not disturb residents.

Multi-familyProperty Type

1991Year Built

2 acresLot Size

Listed by Grayson Pounder • Pounder Realty LLC

Bought with Grayson Pounder • Pounder Realty LLC

Redfin checked: 2 minutes ago

•Source:RMLS #459671289

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 97302, OR

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

98.8%

+0.2% MoM

Median sale price

$465K

$21K MoM

Avg. days on market

68d

11 days MoM

Recently sold homes

110

30 MoM

New listings for sale

NEW 2 HRS AGO
$1,095,000
4 beds4 baths3,517 sq ft
3582 EL Dorado Loop S, Salem, OR 97302
Heidi Litchfield • HomeStar Brokers
NEW 2 HRS AGO
$559,900
3 beds2 baths2,433 sq ft
2785 Bolton Ter S, Salem, OR 97302
Heidi Litchfield • HomeStar Brokers
$432,900
3 beds2 baths1,482 sq ft
430 Lori Ave SE, Salem, OR 97302
VIDEO TOUR
$449,900
3 beds2 baths1,410 sq ft
4855 8th Ave SE, Salem, OR 97302
Brian White • Paramount Real Estate Services
$299,000
2 beds1 bath943 sq ft
1020 Ratcliff Dr SE, Salem, OR 97302
VIDEO TOUR
$484,900
3 beds1.5 baths1,848 sq ft
778 Browning Ave S, Salem, OR 97302
$550,000
4 beds3 baths2,414 sq ft
2270 Dorchester Dr S, Salem, OR 97305
VIDEO TOUR
$495,000
3 beds2 baths1,745 sq ft
4214 12th Street Cut-Off SE, Salem, OR 97302
3D WALKTHROUGH
$495,000
3 beds2 baths2,907 sq ft
1110 S Saginaw St, Salem, OR 97302
Gavin Wisser • HomeStar Brokers
3D WALKTHROUGH
$385,000
3 beds2 baths1,280 sq ft
1790 Lee St SE, Salem, OR 97302
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Sale and tax history for 3872 Liberty Rd

Sale History
Tax History

Date

Event

Price

RMLS #459671289

Jul 17, 2026

Sold

$7,000,000

Feb 18, 2026

Pending

—

Feb 12, 2026

Listed

$7,500,000

APPFOLIO #2

Sep 27, 2024

Rental Removed

$1,350

Sep 14, 2024

Listed for Rent

$1,350

RENT. #1

May 11, 2022

Price Changed

$1,140

Public Records

Aug 30, 2019

Sold

$5,250,000

Public Records

May 29, 2014

Sold

$3,000,000

Public Records

Mar 31, 2006

Sold

$2,475,000

Public Records

Jun 28, 2002

Sold

$2,068,000

Public Records

Feb 8, 1993

Sold

$1,400,000

Year

Property tax

Land + Additions

Assessment*

2025

$60,975 (+7.8%)

2024

$56,576 (+6.2%)

2023

$53,260 (+2.9%)

2022

$51,770 (+2.9%)

2021

$50,290 (+3.0%)

2020

$48,823 (+3.6%)

2019

$47,106 (−1.7%)

2018

$47,939 (+21.5%)

2017

$39,470 (+2.0%)

$435,600 + $1,764,400

$2,200,000

2016

$38,707 (−3.7%)

$435,600 + $1,764,400

$2,200,000

2015

$40,177 (+1.2%)

$435,600 + $1,764,400

$2,200,000

2014

$39,717 (−1.1%)

2013

$40,163 (−12.4%)

2012

$45,859 (+4.5%)

2011

$43,875 (+5.1%)

2010

$41,742 (+0.3%)

2009

$41,620

Public record

Beds

—

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

2 Acres

Year renovated

—

Sq. Ft.

38,893

Year built

1991

Style

Multi-Family (5+ Unit)

County

Marion County

APN

572969

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 31, 2026.

Property details

Parking

Parking Information
Parking Features: Paved

Interior

Appliances
Hot Water Description: Electricity

Multi Unit Information
# Of Units Total: 45

Unit Information
Unit Type: 1, 2, 3

Unit Type 1 Information
Actual Rent: $1,100
Area: 600
Baths Total: 1
Beds Total: 1
Features: Range, Refrigerator, Washer/Dryer
Units Total: 2

Unit Type 2 Information
Actual Rent: $1,395
Area: 950
BathsTotal: 2
Beds Total: 2
Features: Range, Refrigerator, Washer/Dryer
Units Total: 42

Unit Type 3 Information
Actual Rent: $1,350
Area: 900
Baths Total: 1
Beds Total: 2
Features: Range, Refrigerator, Washer/Dryer
Units Total: 1

Exterior

Exterior Features
Roof: Composition
Exterior Description: Cement Siding
Unreinforced Masonry Bldg: No

Lot Information
Lot Size Square Feet: 87,120
Lot Size Range: 1 to 2.99 Acres
Lot Size Acres: 2
Lot Size: 1 to 2.99 Acres
Parcel Number: 572969
Road Surface Type: Paved

Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Restored
View YN: No

Building Information
Year Built: 1991
Foundation Details: Concrete Perimeter, Slab

Financial

Tax Information
Tax Year: 2025
Tax Legal Description: EWALD FRUIT FARMS, LOT 69, ACRES 2
Tax Annual Amount: $60,974.63

Rent Information
Rent Includes: Sewer, Trash Collection, Water

Lease / Rent Information
CAP Rate: 5.81
Gross Rent Multiplier: 10.71

Utilities

Utility Information
Green Certification YN: No
Fuel Description: Electricity
Water Source: Public Water
Sewer: Public Sewer

Heating & Cooling
Heating YN: No
Heating: Wall Heater
Cooling YN: No

Location

School Information
Elementary School: Other
Middle Or Junior School: Other
High School: Other

Location Information
Directions: S on Liberty Road to Property
Unparsed Address: 3872 LIBERTY RD, Salem, OR 97302

Community Information
Zoning: multi

Public facts

Beds: —
Baths: —
Sq. Ft.: 38,893
Stories: 1.0
Lot Size: 2 acres
Style: Multi-Family (5+ Unit)
Year Built: 1991
Year Renovated: —
County: Marion County
APN: 572969

Home facts updated by county records on Aug 31, 2026

Other

Listing Information
MlsStatus: Sold

Listing Price Information
Price Type: List Price

Around this home

Schools

Wright Elementary School

Public K-5 • Assigned • 0.4mi

4/10

Judson Middle School

Public 6-8 • Assigned • 0.9mi

6/10

Sprague High School

Public 9-12 • Assigned • 1.6mi

6/10

Provided by GreatSchools

Local insights from Redfin agents

Salem’s market is slower, with prices relatively steady and homes taking longer to sell. Sellers need competitive pricing, while buyers may have more time to decide and room to negotiate on price, closing costs, or repairs.
1 week ago • Salem
Cristian Martinez
Redfin Premier agent
164 deals
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Climate risks

8/10 Flood Factor

Estimated 74-82% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 91° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

9/10 Air Factor

11 unhealthy days expected this year, 11 days in 30 years

Provided by First Street

Historical weather

Salem, OR • 97302

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

91/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 27% for direct sun exposure in Salem. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.7 hrs

5.5 hrs

JuneDecember

Provided by Shadowmap

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Listing provided by WVMLS

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Listing provided by WVMLS

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Home values near 3872 Liberty Rd

Data from public records.

Address	Redfin Estimate
3874 Liberty Road South, Salem, OR 16 Beds \| 8 Baths \| 7680 Sq. Ft.	—
3910 Liberty Road South, Salem, OR - Beds \| - Baths \| - Sq. Ft.	$422,535

Address	Redfin Estimate
3924 Liberty Road South, Salem, OR 3 Beds \| 1 Baths \| 1184 Sq. Ft.	$359,157
3872 Liberty Road South, Salem, OR - Beds \| - Baths \| - Sq. Ft.	—

Address	Redfin Estimate
3912 Liberty Road South, Salem, OR 5 Beds \| 2 Baths \| 2015 Sq. Ft.	$409,779
3872 Liberty Road South #10, Salem, OR - Beds \| - Baths \| - Sq. Ft.	—

Property information provided by RMLS when last listed in 2026. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 97302, OR

Homeowner tools

Sale and tax history for 3872 Liberty Rd

Public record

Property details

Around this home

Schools

Local insights from Redfin agents

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 97302

Home values near 3872 Liberty Rd

More real estate resources