SOLD DEC 12, 2025

Off Market Dec 2025 for $599K

$636,211

•

4 ba

•

3,920

sq ft

3928 Auburn Rd NE, Salem, OR 97301

About this home

Multiple Offers, deadline to submit is 11/25/2025 at 11am. INVESTOR ALERT, an Incredible 4 Plex Opportunity! Rare chance to own a single level four plex on a large 9,583 sq ft lot tucked down a private lane. Close to shopping, bus line, and everyday conveniences. Each spacious 2 bedroom, 1 bath unit is approximately 980 sq ft and includes assigned parking for two cars plus access to a shared laundry room. Three units are currently rented, providing immediate income with room to grow. Solid bones, strong rental history, and an unbeatable price make this an ideal project for investors seeking cash flow and value add potential.

Multi-familyProperty Type

1970Year Built

9,583 sq ftLot Size

$162Est. Price/Sq.Ft.

8 spacesParking

Listed by Mark Shadrin • Berkshire Hathaway HomeServices Real Estate Professionals

Bought with Jason Kennedy • RE/MAX Equity Group

Redfin checked: 2 minutes ago

•Source:RMLS #141889514

Redfin Estimate

$636,211

$37K since sold in December 2025$36K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 39.8% higher than the average sale price ($455K) of 6 comparable homes.

SOLD AUG 14, 2026
$460,000
A
5 beds3 baths2,115 sq ft
545 Baldwin Ave NE, Salem, OR 97301
SOLD JUL 10, 2026
$440,000
B
4 beds2 baths1,531 sq ft
585 45th Pl NE, Salem, OR 97301
SOLD AUG 28, 2026
$560,000
C
5 beds3 baths2,219 sq ft
715 Wildflower St, Salem, OR 97301
SOLD SEP 8, 2026
$365,000
D
3 beds2 baths1,315 sq ft
542 Clarmar Dr NE, Salem, OR 97301
SOLD JUL 13, 2026
$510,000
E
4 beds3 baths1,966 sq ft
376 44th Ave SE, Salem, OR 97317
SOLD JUL 17, 2026
$395,000
F
3 beds2 baths1,431 sq ft
889 45th Ave NE, Salem, OR 97301

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Earn from this home

Sell

$124,608

Est. take-home

List your home with Redfin and save $6,362

Market trends in 97301, OR

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.9%

0.3% MoM

Median sale price

$417K

$12K MoM

Avg. days on market

41d

2 days MoM

Recently sold homes

138

6 MoM

New listings for sale

NEW 1 HR AGO
$579,900
2 beds2 baths1,700 sq ft
156 Front St #280, Salem, OR 97301
Gavin Wisser • HomeStar Brokers
3D WALKTHROUGH
$120,000
3 beds2 baths1,540 sq ft
786 Hoffman Rd, Salem, OR 97301
Angelica Arredondo • Rocha Realty LLC
3D WALKTHROUGH
$120,000
3 beds2 baths1,540 sq ft
786 Hoffman Rd NE #48, Salem, OR 97301
$280,000
2 beds1 bath768 sq ft
3040 D St NE, Salem, OR 97301-2855
$470,000
4 beds2 baths2,120 sq ft
1335 NE 19th St, Salem, OR 97301
Caralee Slowik • Slowik Real Estate LLC
$349,900
3 beds2 baths1,360 sq ft
4254 Snoopy Ct, Salem, OR 97301
Bob Shackelford • HomeSmart Realty Group
$39,000
2 beds2 baths910 sq ft
4915 Swegle Rd #52, Salem, OR 97301
Colleen Benson • Keller Williams Capital City
$415,000
3 beds3 baths1,366 sq ft
374 NE Burma Ct, Salem, OR 97301
Brian House • Keller Williams The Cooley Real Estate Group
3D WALKTHROUGH
$375,000
3 beds2 baths864 sq ft
954 NE Norway St, Salem, OR 97301
Blake Nelson • Brantley Christianson Real Estate
$423,000
3 beds3 baths1,680 sq ft
4844 Milo Ave NE, Salem, OR 97301
Diana Rojas • Real Broker
See all

Provided by Redfin

Sale history for 3928 Auburn Rd NE

Date

Event

Price

RMLS #141889514

Dec 12, 2025

Sold

$599,000

$153/sq ft

Dec 10, 2025

Pending

—

Nov 12, 2025

Listed

$599,000

$153/sq ft

WVMLS #835269

Dec 12, 2025

Sold

$599,000

$153/sq ft

Dec 12, 2025

Sold

$599,000

$153/sq ft

Nov 26, 2025

Contingent

—

Nov 12, 2025

Listed

$599,000

$153/sq ft

Nov 10, 2025

Listed

$599,000

$153/sq ft

+40

Public Records

Jun 8, 1993

Sold

$49,000

$13/sq ft

Tax history for 3928 Auburn Rd NE

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

9,583 Sq. Ft.

Year renovated

1976

Sq. Ft.

3,920

Year built

1970

Style

Other

County

Marion County

APN

524005

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 9, 2026.

Multiple-Family Residential District

The RM multiple-family residential zone is primarily intended to provide for multiple-family dwellings on a lot, or attached dwellings on separate lots, at residential densities greater than permitted in the RL zone. Other uses compatible with residential development are also appropriate. RM zones are located in areas designated as multiple-family residential or an equivalent designation in the applicable urban area comprehensive plan and are provided with urban services. They are suited to locations near commercial office and retail zones and along collector and arterial streets.

Permitted uses

Include but are not limited to:

Housing-Multiple units
Housing-Senior
Infrastructure

Property details

Parking

Parking Information
Parking Features: Assigned, Paved
Parking Total: 8

Interior

Appliances
Hot Water Description: Electricity

Interior Features
Storage: None

Exterior

Exterior Features
Roof: Composition
Exterior Description: T-111 Siding, Wood Siding

Lot Information
Lot Size Square Feet: 9,583
Lot Size Range: 7,000 to 9,999 SqFt
Lot Size Dimensions: 81 X 115
Lot Size Acres: 0.22
Lot Size: 7,000 to 9,999 SqFt
Lot Features: Level
Parcel Number: 524005
Road Surface Type: Paved

Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Fixer
View YN: Yes
View Description: Territorial

Building Information
Year Built: 1970
Building Area Total: 3,920
Foundation Details: Concrete Perimeter

Financial

Tax Information
Tax Year: 2024
Tax Legal Description: ACRES 0.21
Tax Annual Amount: $5,680.15

Lease / Rent Information
CAP Rate: 5.84
Gross Rent Multiplier: 13.92

Utilities

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

Heating & Cooling
Heating YN: Yes
Heating: Baseboard, Wall Furnace
Cooling YN: No

Location

Multi Unit Information
# Of Units Total: 4

Unit Information
Unit Type: 1, 2, 3

Unit Type 1 Information
Actual Rent: $1,195
Area: 980
Baths Total: 1
Beds Total: 2
Features: Dishwasher, Range, Refrigerator
Units Total: 2

Unit Type 2 Information
Area: 980
BathsTotal: 1
Beds Total: 2
Features: Range, Refrigerator
Units Total: 1

Unit Type 3 Information
Actual Rent: $1,030
Area: 980
Baths Total: 1
Beds Total: 2
Features: Range, Refrigerator
Units Total: 1

School Information
Elementary School: Auburn
Middle Or Junior School: Houck
High School: North Salem

Location Information
Directions: Hwy 22, N on Lancaster Dr, W Auburn Rd NE
Unparsed Address: 3928 Auburn RD NE, Salem, OR 97301

Community Information
Community Features: Commons, Laundry
Zoning: RM

Public facts

Beds: 8
Baths: 4.0
Sq. Ft.: 3,920
Stories: 1.0
Lot Size: 9,583 square feet
Style: Other
Year Built: 1970
Year Renovated: 1976
County: Marion County
APN: 524005

Home facts updated by county records on Sep 9, 2026

Other

Listing Information
MlsStatus: Sold

Listing Price Information
Price Type: List Price

Around this home

Schools

Auburn Elementary School

Public K-5 • Assigned • 0.7mi

2/10

Houck Middle School

Public 6-8 • Assigned • 1.5mi

1/10

North Salem High School

Public 9-12 • Assigned • 1.9mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk 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

4/10 Heat Factor

7 days above 92° 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

12 unhealthy days expected this year, 13 days in 30 years

Provided by First Street

Historical weather

Salem, OR • 97301

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Estimated sale price

$605,000 – $732,000

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New listings for sale in 97301

NEW 1 HR AGO3D WALKTHROUGH

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156 Front St #280, Salem, OR 97301

Gavin Wisser • HomeStar Brokers

3D WALKTHROUGH

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3 beds2 baths1,540 sq ft

786 Hoffman Rd, Salem, OR 97301

Angelica Arredondo • Rocha Realty LLC

3D WALKTHROUGH

$120,000

3 beds2 baths1,540 sq ft

786 Hoffman Rd NE #48, Salem, OR 97301

$280,000

2 beds1 bath768 sq ft

3040 D St NE, Salem, OR 97301-2855

$470,000

4 beds2 baths2,120 sq ft

1335 NE 19th St, Salem, OR 97301

Caralee Slowik • Slowik Real Estate LLC

$349,900

3 beds2 baths1,360 sq ft

4254 Snoopy Ct, Salem, OR 97301

Bob Shackelford • HomeSmart Realty Group

$39,000

2 beds2 baths910 sq ft

4915 Swegle Rd #52, Salem, OR 97301

Colleen Benson • Keller Williams Capital City

$415,000

3 beds3 baths1,366 sq ft

374 NE Burma Ct, Salem, OR 97301

Brian House • Keller Williams The Cooley Real Estate Group

3D WALKTHROUGH

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954 NE Norway St, Salem, OR 97301

Blake Nelson • Brantley Christianson Real Estate

Home values near 3928 Auburn Rd NE

Data from public records.

Address	Redfin Estimate
3870 Auburn Rd NE, Salem, OR 2 Beds \| 1.5 Baths \| 1128 Sq. Ft.	$258,663
3945 Auburn Rd NE, Salem, OR 3 Beds \| 1 Baths \| 1170 Sq. Ft.	$335,256

Address	Redfin Estimate
3970 Auburn Rd NE, Salem, OR 3 Beds \| 1 Baths \| 1186 Sq. Ft.	$332,086
3880 Auburn Rd NE, Salem, OR - Beds \| - Baths \| 13769 Sq. Ft.	—

Address	Redfin Estimate
3868 Auburn Rd NE Apartment 10, Salem, OR 2 Beds \| 1.5 Baths \| 1086 Sq. Ft.	$284,657
3868 Auburn Rd NE, Salem, OR 2 Beds \| 1.5 Baths \| 1086 Sq. Ft.	$286,883

Property information provided by RMLS when last listed in 2025. 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

Earn from this home

Market trends in 97301, OR

Sale history for 3928 Auburn Rd NE

Tax history for 3928 Auburn Rd NE

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 97301

Home values near 3928 Auburn Rd NE

More real estate resources