Listed by DEWEY WHITTON • THE SALEM REAL ESTATE GROUP (Cell: 503-470-7102). Bought with HOMESMART REALTY GROUP.
Off Market Aug 2025 for $850K
$865,853
8
bd
•
6 ba
•
3,972
sq ft
4802 Skyline Rd S, Salem, OR 97302
About this home
Prime investment opportunity in South Salem! This 4-plex offers four spacious 993 sq ft units, each with a comfortable layout and solid rental history. Ideal for expanding your portfolio or starting out with income-producing property in a high-demand area. Convenient access to shopping, schools, and commuter routes adds to long-term rental appeal.
Multi-familyProperty Type
1972Year Built
0.45 acresLot Size
$218Est. Price/Sq.Ft.
Listed by DEWEY WHITTON• THE SALEM REAL ESTATE GROUP
The existing 4 plex built in 1972 and has been immaculately cared for. Recent upgrades include: Vinyl windows, and sliding doors, three units fully updated, exterior paint, new fencing, new sidewalks, water heaters, programmable thermostats and parking curb stops. Skyline Rd is currently being upgraded to include new sidewalks and a bus stop. Opportunity to develop much needed multifamily housing on shovel ready site! Site plan for seven additional unit included in purchase.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
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Style
Multi-Family (2-4 Unit)
County
Marion County
APN
—
Parking Spaces
—
Basement
—
Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Apr 28, 2023.
Property details
Interior
Bedroom Information
# of Bedrooms: 8
Additional Rooms
Dining: Area (Combination)
Appliances
Dishwasher: Yes
Range Type: Electric, Range Included
Interior Features
Flooring: Carpet, Vinyl
High Speed Communication: Available
Laundry: W/D Hookup
Heating & Cooling
Heating: Electric, Baseboard
Unit #1 Information
# of Bedrooms: 2
# of Bathrooms: 1.5
Unit #2 Information
# of Bedrooms: 2
# of Bathrooms: 1.5
Unit #3 Information
# of Bedrooms: 2
# of Bathrooms: 1.5
Unit #4 Information
# of Bedrooms: 2
# of Bathrooms: 1.5
Exterior
Exterior Features
Fenced: Yes
Foundation: Continuous
Landscape: Yes
Roof: Composition
Building Information
Siding Style: T111
Year Built: 1972
Exterior Color: Blue
Lot Information
Lot Type: Irregular
Sq. Ft.: 19,602
Acres: 0.45
Dimensions: Irreg.
Frontage (Ft.): 88
Property Information
Home Warranty: No
Unit Type: Town Home
# of Units: 4
Utilities
Utility Information
Sewer: City
Water Heater: Electric
Water: City
Location
Homeowners Association Information
No Association
School Information
Elem School: Liberty
Elementary School: Liberty
Middle School: Crossler
Middle School: Crossler
High School: Sprague
High School: Sprague
Location Information
Directions to Property: South on Commercial St SE from downtown; right onto Liberty Rd S; righto onto Skyline: property on the left (across from Joseph St).
Lot: 3
Cross Street: Joseph
Directions to Property: South on Commercial St SE from downtown; right onto Liberty Rd S; righto onto Skyline: property on the left (across from Joseph St).
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Marion County
APN: —
Home facts updated by county records on Apr 28, 2023
Other
Miscellaneous Information
Disposal: Yes
Signage: No
Listing Information
Broker Attribution Contact: Cell: 503-470-7102
Status Detail: 0
Exclusions: Tenants' personal property.
Information For Agents
Syndicated Remarks: Prime investment opportunity in South Salem! This 4-plex offers four spacious 993 sq ft units, each with a comfortable layout and solid rental history. Ideal for expanding your portfolio or starting out with income-producing property in a high-demand area. Convenient access to shopping, schools, and commuter routes adds to long-term rental appeal.
Around this home
Schools
Schirle Elementary School
Public K-5 • Assigned • 0.4mi
7/10
Crossler Middle School
Public 6-8 • Assigned • 0.8mi
3/10
Sprague High School
Public 9-12 • Assigned • 0.6mi
6/10
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
3/10 Heat Factor
7 days above 90° 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)
46
35
48
37
55
41
62
43
68
47
75
52
83
56
83
58
75
54
62
46
51
42
47
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.9 hours in
June and 2.1 hours in December, placing it below the
U.S. average for solar exposure.
9.9 hrs
2.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$823,000 – $996,000
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