3892 WARD DR

Salem, OR
$ 1,600,000 Beds 7 Baths 5 Sq 9,048
Monthly Estimate* How much can I afford?

Listing includes 2 properties. 1.) Fully rented 8Plex with 7 3/1.5 units & 1 2/1.5 unit on .42 acres. 2.) 2/1, 788 sqft house on .23 acres which is zoned for up to 6 units. 8plex and House currently have a cap rate of 6%. Great potential to demo house and build a 6plex for a total of 14 units. 8 Plex is also listed separately for $1,400,000, see MLS# 20449370 . Please do not disturb tenants.

Pending

  • Price
  • $ 1,600,000
  • Lot Size
  • Bedrooms
  • 7
  • Sqr Footage
  • 9,048
  • Full Bathrooms
  • 5
  • Year Built
  • 1997
  • Half Bathrooms
  • 0
  • City, Zip
  • Salem
  • Taxes
  • 1570
  • County
  • MARION
  • Style
  • Area
  • Marion Co - East Salem N
  • MLS#
  • 20601195
  • Zip
  • 97305
Listing Provided by: Coldwell Banker Mountain West

Features

General

Heating Zoned
MLS Area Marion Co: East Salem N
Property Type Multi Family
Roof Composition
Sewer Public Sewer
Terms Cash, Conventional
Total Units 9
Video Tour Y/N No
Zoning RM

Interior Features

Fueldescription Electricity
Hot Water Electricity
Sqftapproximatebuildingtotal 9048
Unit 1 Baths Total 2
Unit 2 Baths Total 2
Unit 2 Beds Total 2
Unit 3 Baths Total 1
Unit 3 Beds Total 2
Unit Features Dishwasher, Range, Refrigerator, Washer/Dryer Hookup
Unittype1sqft 1082
Unittype1unitstotal 7
Unittype2sqft 1500
Unittype2unitstotal 1
Unittype3sqft 788
Unittype3unitstotal 1

Exterior Features

Exterior Description T-111 Siding
Foundation Details Concrete Perimeter
Lot Features On Busline, Level
Lot Size 20, 000 SqFt to .99 Acres
View Y/N No
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Beaverton, OR office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Yoshikai Elementary School
Middle School Stephens Middle School
High School McKay High School

Price History

11/24/2020 Listed $1,600,000

Property vs Zip Code Average in 97305

Price
AVG $420K
$1.6M
Taxes
AVG $2,781
$1,570
Visits
AVG 30
37
Year Built
AVG 2006
1997

Map

Areas That We Cover

3892 WARD DR Salem, OR is a Single Family Home for sale at $1600000 with 9048 sqft and a lot size of Acre(s). 3892 WARD DR Salem has 7 bedrooms, 5 baths and was built in 1997. The property's zip code is 97305 which is in Salem, OR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.