Multi Family homes for sale & real estate in 97302, OR

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ABOUT THIS HOME
Multi Family Home for sale in 97302, 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.

$814,900

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 97302, 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 97302, 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

ABOUT THIS HOME
Multi Family Home for sale in 97302, OR:
Rare Fairmount opportunity! Situated on a corner lot, this versatile property features a charming 1923 Craftsman and a newer detached garage with a 728 SF, 1-bedroom, 1-bath ADU above. Ideal for dual living, guests, or rental income. Main house w/ 2 bdrms on the main level, large bonus Rm & addtnl rm on 2nd level (possible 3rd/4th bdrms?). Enjoy timeless character, an inviting covered front porch, newer roof, spacious yard area, and a convenient location near shopping, dining, and other downtown amenities.

$445,000

4 beds2 baths2,294 sq ft

380 Fairmount) St S, Salem, OR 97302

Covered front porch • 1 bedroom adu • Newer roof

Listing provided by WVMLS

ABOUT THIS HOME
Multi Family Home for sale in 97302, OR:
Distinctive 2024-built 6-plex within Pringle Creek Community — Salem's master-planned sustainable neighborhood featuring LEED-certified architecture, 12 acres of preserved common area, community gardens, and walking trails throughout 32 acres in South Salem. Modern building with 5,985 SF of leasable area on an 8,025 SF lot. All units are 2BR/2BA: four 892 SF units (101–104) and two 1,100 SF units (105–106); three include assigned storage. 100% leased to qualified tenants. Pro-forma 5.89% cap at list.

$1,295,000

12 beds12 baths5,985 sq ft

2195 Audubon Ave SE, Salem, OR 97304

Community gardens • Walking trails • 8,025 sq ft lot

Listing provided by WVMLS

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 1904-1906 Audubon Ave SE, Salem, OR 97302-4286, 6 beds, 5 baths

$694,900

6 beds5 baths2,520 sq ft

1904-1906 Audubon Ave SE, Salem, OR 97302-4286

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 3857-3861 Village Ctr SE, Salem, OR 97302, 8 beds, 7.5 baths

$1,025,000

8 beds7.5 baths3,840 sq ft

3857-3861 Village Ctr SE, Salem, OR 97302

Listing provided by WVMLS

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ABOUT THIS HOME
Multi Family Home for sale in 97302, 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 97302, 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

NEW CONSTRUCTION

ABOUT THIS HOME
Multi Family Home for sale in 97302, OR:
Brand-new 4-plex in desirable West Salem! Each 3bd, 2.5ba unit features all LVP flooring, quartz countertops, an attached single-car garage, A/C, and a fully fenced and landscaped yard (artificial turf). All appliances are included, including refrigerator, washer & dryer. Conveniently located near parks, schools, and everyday amenities. Completion anticipated mid-Fall 2026. Members of the selling entity are licensed Realtors® in Oregon

$1,450,000

12 beds12 baths5,522 sq ft

1145 Lupin Ln NW, Salem, OR 97304

Fully fenced • Landscaped • New construction

Listing provided by WVMLS

ABOUT THIS HOME
Multi Family Home for sale in 97302, 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 97302, OR:
Investment Opportunity! 3 bedroom home on Mill Creek with over 2000sf 3br/1.5ba. 2 fireplaces. Walk out basement to a patio with firepit creekside. Live in the home and rent the two twin 528sf cottages or rent all three homes for a great return on investment. The Cottages are identical with each having a 1 bedroom, living, kitchen and bath layout. Roofs were all checked out in 2024 and good to go. All units have mini split heat pumps for heat and cool.

$495,950

5 beds8 baths3,065 sq ft

589 Knapp Pl, Salem, OR 97301

Creekside • Walk out basement • Patio with firepit

Brian McVay • HomeSmart Realty Group

FLOOR PLAN

ABOUT THIS HOME
Multi Family Home for sale in 97302, 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

Property at 4561 Chippewa Ct, Salem, OR 97317, 6 beds, 2 baths

$495,000

6 beds2 baths2,130 sq ft

4561 Chippewa Ct, Salem, OR 97317

Jordan Sparks • SMI Commercial Real Estate LLC

Property at 125 46th Ave SE, Salem, OR 97317, 6 beds, 3 baths

$525,000

6 beds3 baths2,820 sq ft

125 46th Ave SE, Salem, OR 97317

Listing provided by WVMLS

Property at 1207 D St, Salem, OR 97301, 6 beds, 6 baths

$789,900

6 beds6 baths3,936 sq ft

1207 D St, Salem, OR 97301

Benjamin Nelson • Epique Realty

Property at 733-735 Piedmont Ave NW, Salem, OR 97304, 2 beds, 2 baths

$345,000

2 beds2 baths1,152 sq ft

733-735 Piedmont Ave NW, Salem, OR 97304

Listing provided by WVMLS

Property at 1883 Starlight (-1885) Dr NW, Salem, OR 97304, 6 beds, 6 baths

$839,000

6 beds6 baths2,626 sq ft

1883 Starlight (-1885) Dr NW, Salem, OR 97304

Zachary Thompson • Works Real Estate

Property at 1390 Overlook (-1396) Ave NW, Salem, OR 97304, 20 beds, 20 baths

$1,399,900

20 beds20 baths4,793 sq ft

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

Jake Lucey • Tradition Real Estate Partners LLC

Property at 1027-1029 Arthur Way NW, Salem, OR 97304, 8 beds, 5 baths

$799,000

8 beds5 baths3,440 sq ft

1027-1029 Arthur Way NW, Salem, OR 97304

Listing provided by WVMLS

Property at 1014-1016 Arthur Way NW, Salem, OR 97304, 6 beds, 4 baths

$689,000

6 beds4 baths2,400 sq ft

1014-1016 Arthur Way NW, Salem, OR 97304

Listing provided by WVMLS

Property at 1941 Turnage St NW, Salem, OR 97304, 4 beds, 2 baths

$529,000

4 beds2 baths2,170 sq ft

1941 Turnage St NW, Salem, OR 97304

Listing provided by WVMLS

Property at 802 NE Cottage St, Salem, OR 97301, 2 beds, 2 baths

$375,900

2 beds2 baths1,230 sq ft

802 NE Cottage St, Salem, OR 97301

Jackie Zurbrugg • BST Realty LLC

Property at 2151 National Ct SE, Salem, OR 97306, 8 beds, 4 baths

$784,000

8 beds4 baths4,092 sq ft

2151 National Ct SE, Salem, OR 97306

Eddie Zapien • Works Real Estate

Property at 2572 Arroyo Ridge 2574 Ct NW, Salem, OR 97304, 4 beds, 5 baths

$565,000

4 beds5 baths2,723 sq ft

2572 Arroyo Ridge 2574 Ct NW, Salem, OR 97304

Listing provided by WVMLS

Property at 1825-1835 Turnage St NW, Salem, OR 97304, 6 beds, 4 baths

$579,900

6 beds4 baths2,268 sq ft

1825-1835 Turnage St NW, Salem, OR 97304

Listing provided by WVMLS

Property at 1505 Bonnie Way NW, Salem, OR 97305, 8 beds, 4 baths

$795,000

8 beds4 baths2,548 sq ft

1505 Bonnie Way NW, Salem, OR 97305

Listing provided by WVMLS

Multi Family Homes for Sale in 97302

There are currently 9 multi family homes for sale in 97302 at a median listing price of $650K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 97302 stay on the market for 72 days and receive 1 offers. This map is refreshed with the newest listings in 97302 every 15 minutes.

In the past month, 29 homes have been sold in 97302. In addition to houses in 97302, there were also 24 condos, 5 townhouses, and 11 multi-family units for sale in 97302 last month. Find your dream home in 97302 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 97302 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 97302. If you're looking to sell your home in the 97302 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 97302 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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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 Fri Aug 28 2026

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