Multi Family homes for sale & real estate in 97301, OR

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FLOOR PLAN

ABOUT THIS HOME
Multi Family Home for sale in 97301, OR:
Check out this updated duplex in the Grant neighborhood of Salem PRICED TO SELL! Lower level is a 1 bed / 1 bath apartment, main and top floors comprise a 4 bed / 2 bath unit. New heat pump w/ ductless minisplit, updated windows, and W/ D hookups in both units. Great for multigenerational living, or investment purposes. 10%+ CAP pro forma makes this the perfect buy-and-hold, with rent upside. Easy access to downtown, Lancaster & I5.

$399,900

5 beds3 baths2,530 sq ft

1760 McCoy Ave NE, Salem, OR 97301

New heat pump • Updated duplex • Updated windows

Listing provided by WVMLS

ABOUT THIS HOME
Multi Family Home for sale in 97301, OR:
Updated triplex in a very convenient location. Whether you are seeking a turnkey rental investment or comfortable one-story living, this property delivers outstanding versatility and lasting value. Each unit features two bedrooms, one bathroom, and its own private backyard, offering privacy and convenience for occupants. Don't miss this rare opportunity.

$549,900

6 beds3 baths2,250 sq ft

1848 Lansing Ave NE, Salem, OR 97301

7,840 sq ft lot • 3 parking spots • Built 1965

Vitaly Ormanji • eXp Realty, LLC

ABOUT THIS HOME
Multi Family Home for sale in 97301, OR:
Don't miss out on this 8 Unit investment opportunity, sitting on a highly trafficked corner in downtown Salem! Property contains (2) retail spaces with solid rental history and (6) well kept & secluded 1 bed/1 bath apartments. Primary retail tenant has been in place for 23 years. Property sits on the busline and is walkable to various downtown amenities. Tenants enjoy a private courtyard, alley access w/ (1) parking space per unit & a shared laundry room. Plenty of rent upside to improve cash flow!PROPERTY SHOWING set for 9/1/26 11am-1pm Seller requests all interested parties view all Interiors prior to accepting an offer. * Unit #1736 rent increases to $875 on 9.1.26. * Unit

$850,000

6 beds8 baths5,099 sq ft

1742 Center St, Salem, OR 97301

Alley access • Busline access • Solid rental history

Jordan Sparks • SMI Commercial Real Estate LLC

ABOUT THIS HOME
Multi Family Home for sale in 97301, OR:
NEW ROOF 2026! Great investment opportunity with this centrally located townhouse-style triplex at 905, 911 & 915 Charter Pl NE in Salem. Built in 2001, each unit offers 3 bedrooms, 2.5 bathrooms, approximately 1,248 sq ft, and an attached single-car garage. All three units are currently occupied, generating $5,275/month in gross rent, with tenants paying utilities and professional management already in place. Current rents also offer potential future upside, making this a great opportunity for a long-term investor. Conveniently located near shopping, amenities, and freeway access.

$745,000

9 beds9 baths— sq ft

905 Charter Pl, Salem, OR 97301

Near shopping • Centrally located • Freeway access

Daniel Ramirez • eXp Realty, LLC

ABOUT THIS HOME
Multi Family Home for sale in 97301, OR:
Turnkey 6-unit multifamily in Salem's Northeast Neighbors district — 100% occupied, fully documented financials. Several units recently refreshed (new flooring, appliances, paint); in-place rents below market with upside as leases turn. 2025 saw heavy one-time capital investment; 2026 shows strong recovery already underway. Directly across from Parrish Middle School and North Salem High School, within a mile of the Oregon State Capitol, Willamette University, Salem Hospital, and Oregon State Hospital — major, stable employment anchors.

$789,900

6 beds6 baths3,936 sq ft

1207 D St, Salem, OR 97301

6 unit multifamily • New flooring • New paint

Benjamin Nelson • Epique Realty

Property at 589 Knapp Pl, Salem, OR 97301, 5 beds, 8 baths

$495,950

5 beds8 baths3,065 sq ft

589 Knapp Pl, Salem, OR 97301

Brian McVay • HomeSmart Realty Group

Property at 2328 State St, Salem, OR 97301, 6 beds, 3 baths

$325,000

6 beds3 baths2,892 sq ft

2328 State St, Salem, OR 97301

Listing provided by WVMLS

Property at 3441 Livingston St, Salem, OR 97301, 4 beds, 2 baths

$450,000

4 beds2 baths2,000 sq ft

3441 Livingston St, Salem, OR 97301

Shawn Richardson • eXp Realty, LLC

Property at 441 Norway St, Salem, OR 97301, 8 beds, 6 baths

Unknown

8 beds6 baths6,007 sq ft

441 Norway St, Salem, OR 97301

John Rosenthal • Realty Marketing / Northwest

Property at 995 985 Garnet St NE, Salem, OR 97301, 4 beds, 3 baths

$549,000

4 beds3 baths1,839 sq ft

995 985 Garnet St NE, Salem, OR 97301

Kimberly Gray • HomeStar Brokers

Property at 3027 NE D St, Salem, OR 97301, 2 beds, 2 baths

$354,750

2 beds2 baths1,558 sq ft

3027 NE D St, Salem, OR 97301

Listing provided by WVMLS

Property at 1735 Market St NE, Salem, OR 97301, 8 beds, 7 baths

$1,200,000

8 beds7 baths5,659 sq ft

1735 Market St NE, Salem, OR 97301

Listing provided by WVMLS

Property at 308 19th St SE, Salem, OR 97301, 5 beds, 3 baths

$549,000

5 beds3 baths3,161 sq ft

308 19th St SE, Salem, OR 97301

Listing provided by WVMLS

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Nearby homes that match your criteria

ABOUT THIS HOME
Multi Family Home for sale in 97301, OR:
Multiunit investment opportunity! This townhouse-style fourplex is tucked along a tree-lined street in South Salem by Pringle Creek. Spacious, well-maintained units each offer 2 bedrooms, 1.5 bathrooms, washer/dryer hookups, a private deck, and an attached single-car garage. Low-maintenance landscaping, ample parking, a strong rental history, and low vacancy make this an outstanding investment. New roof in 2020. Two units are below market rent, offering excellent upside potential.

$799,900

8 beds8 baths4,336 sq ft

1725 Salishan St, Salem, OR 97302

Private deck • Ample parking • Tree-lined street

Brian Smith • HomeSmart Realty Group

ABOUT THIS HOME
Multi Family Home for sale in 97301, OR:
Charm meets convenience with this well-kept duplex located within walking distance of Willamette University! Each unit features beautiful hardwood flooring, spacious fully-fenced backyards with patios, in unit washer/dryer hookups with sinks, and single car garages. Classic brick exterior with many updates including vinyl windows, ductless mini-split heating/cooling, a newer roof and updated plumbing within the past 10 years, and newer garage doors. Located near shopping, schools, I5 access, and more!

$435,000

4 beds2 baths1,704 sq ft

1760 (-1780) Hines St SE, Salem, OR 97301

Hardwood flooring • Newer garage doors • Newer roof

Listing provided by WVMLS

ABOUT THIS HOME
Multi Family Home for sale in 97301, OR:
Charming duplex ready for an Owner Occupant! Each unit features 3 beds, 1 bath & 1,065 Sq. Ft. Property includes a newer roof, exterior paint, and fencing. Located on a quiet cul-de-sac both units offer private patios, washer/dryerhookups, and a single-car garage for added convenience. #4561 is a long term, stable tenant w/ great rental history. #4571 is Vacant & Move in ready! This unit was recently updated with new LVP flooring & carpet, interior doors, trim and paint, plumbing and electrical fixtures. Seller is a Licensed Real Estate Broker in the State of Oregon.

$495,000

6 beds2 baths2,130 sq ft

4561 Chippewa Ct, Salem, OR 97317

Recently updated • New carpet • Newer roof

Jordan Sparks • SMI Commercial Real Estate LLC

ABOUT THIS HOME
Multi Family Home for sale in 97301, OR:
Hard-to-find triplex offering a versatile unit mix and strong investment appeal. Property features a 1bed/1bath, 2/bed/1bath, and 3bed/1bath unit. The two larger units have been thoughtfully updated with new windows and flooring. All units include in-unit washer/dryer hookups. Conveniently located near city services, shopping, and transportation, this property offers solid rental potential with room to grow. A great opportunity for investors or owner-occupants like.

$525,000

6 beds3 baths2,820 sq ft

125 46th Ave SE, Salem, OR 97317

Thoughtfully updated • New flooring • Triplex

Listing provided by WVMLS

ABOUT THIS HOME
Multi Family Home for sale in 97301, OR:
Multiunit investment opportunity! This townhouse-style fourplex is tucked along a tree-lined street in South Salem near Pringle Creek. Spacious, well-maintained units each offer 2 bedrooms, 1.5 bathrooms, washer/dryer hookups, a private deck, and an attached single-car garage. Low-maintenance landscaping, ample parking, a strong rental history, and low vacancy make this an outstanding investment. New roof in 2020. Two units are below market rent, offering excellent upside potential.

$799,900

8 beds6 baths4,336 sq ft

1725-1731 Salishan St SE, Salem, OR 97302

Private deck • Ample parking • Tree-lined street

Listing provided by WVMLS

NEW CONSTRUCTION3D WALKTHROUGH

ABOUT THIS HOME
Multi Family Home for sale in 97301, OR:
New Construction 4-Plex in established West Salem neighborhood! Built by Celtic Homes (CCB #200095), these are not your average rental units. Each unit feat. 2 Bed/2 Ba, open concept kitchen/living area, quartz counters, custom cabinets, LVP flooring, covered patio w/ synthetic grass, modern craftsman finishes, and black hardware. Units are currently up for rent at $2200/month. Each unit contains on site laundry as well. This is a low maintenance property with quality finishes that are unmatched.

$1,399,900

20 beds20 baths4,793 sq ft

1390 Overlook (-1396) Ave NW, Salem, OR 97304

Quartz counters • Open concept kitchen • Custom cabinets

Jake Lucey • Tradition Real Estate Partners LLC

Property at 3624 Hermosa Ct NE, Salem, OR 97305, 4 beds, 4 baths

$545,000

4 beds4 baths2,336 sq ft

3624 Hermosa Ct NE, Salem, OR 97305

John Zobrist • eXp Realty, LLC

Property at 380 Fairmount) St S, Salem, OR 97302, 4 beds, 2 baths

$445,000

4 beds2 baths2,294 sq ft

380 Fairmount) St S, Salem, OR 97302

Listing provided by WVMLS

Property at 2133 Northtree Dr NE, Keizer, OR 97303, 4 beds, 2 baths

$479,900

4 beds2 baths1,786 sq ft

2133 Northtree Dr NE, Keizer, OR 97303

Ande Hofmann • HomeSmart Realty Group

Property at 2005 Summer (-2045) St SE, Salem, OR 97302, 8 beds, 6 baths

$1,100,000

8 beds6 baths5,784 sq ft

2005 Summer (-2045) St SE, Salem, OR 97302

Listing provided by WVMLS

Property at 196 Manbrin Dr N, Keizer, OR 97303, 7 beds, 4 baths

$680,000

7 beds4 baths2,740 sq ft

196 Manbrin Dr N, Keizer, OR 97303

Guadalupe Duran • Wholehearted Homes

Property at 1148-1152 Arabian Ave SE, Salem, OR 97317, 8 beds, 4.5 baths

$635,000

8 beds4.5 baths3,496 sq ft

1148-1152 Arabian Ave SE, Salem, OR 97317

Listing provided by WVMLS

Property at 4845 & 4847 Elvira Pl N, Keizer, OR 97303, 4 beds, 5 baths

$845,000

4 beds5 baths2,645 sq ft

4845 & 4847 Elvira Pl N, Keizer, OR 97303

Listing provided by WVMLS

Property at 4541 Chippewa Ct, Salem, OR 97317, 6 beds, 2 baths

$485,000

6 beds2 baths2,130 sq ft

4541 Chippewa Ct, Salem, OR 97317

Jordan Sparks • SMI Commercial Real Estate LLC

Property at 4541-4551 Chippewa Ct SE, Salem, OR 97317, 6 beds, 2 baths

$485,000

6 beds2 baths2,130 sq ft

4541-4551 Chippewa Ct SE, Salem, OR 97317

Listing provided by WVMLS

Property at 1348-1366 12th St SE, Salem, OR 97302

$1,650,000

— beds— baths5,528 sq ft

1348-1366 12th St SE, Salem, OR 97302

Listing provided by WVMLS

Property at 2910 Lancaster Dr NE, Salem, OR 97305, 5 beds, 3 baths

$535,000

5 beds3 baths2,064 sq ft

2910 Lancaster Dr NE, Salem, OR 97305

Listing provided by WVMLS

Property at 2870 Lancaster Dr NE, Salem, OR 97305, 6 beds, 3 baths

$565,000

6 beds3 baths2,208 sq ft

2870 Lancaster Dr NE, Salem, OR 97305

Listing provided by WVMLS

Property at 4825 Elvira (& 4827) Pl N, Keizer, OR 97303, 6 beds, 6 baths

$975,000

6 beds6 baths3,749 sq ft

4825 Elvira (& 4827) Pl N, Keizer, OR 97303

Listing provided by WVMLS

Multi Family Homes for Sale in 97301

There are currently 13 multi family homes for sale in 97301 at a median listing price of $376K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 97301 stay on the market for 145 days and receive 1 offers. This map is refreshed with the newest listings in 97301 every 15 minutes.

In the past month, 37 homes have been sold in 97301. In addition to houses in 97301, there were also 13 condos, 1 townhouse, and 10 multi-family units for sale in 97301 last month. Find your dream home in 97301 using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in 97301 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 97301. If you're looking to sell your home in the 97301 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 97301 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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* Data from the last year

Popular Markets in Oregon

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Redfin are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Data Last Updated Sat Aug 29 2026

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