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4434 Lancaster 4440 Dr Ne, Salem, OR 97305

Listing Courtesy of HOMESMART REALTY GROUP. Agent: 503-510-2607 Selling Office: PELLEGO LLC.

$814,000
8
BD
4
BA
3,591
SqFt
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Sold Price
$814,000
List Price
$799,900
Closing Date
Nov 10, 2025
MLS#
834211
Status
CLOSED
Type
Multifamily
Subtype
Quadruplex
City
Salem
Area
20 Central Salem
County
Marion
Bedrooms
8
Bathrooms
4
Year Built
1964
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Property Description

House hack 101 alert! 1 Unit left unrented for owner occupant financing potential! Live in one of the units allows for 5% down payment opportunity! Great way to build your asset equity over time! Or buy as an investment with an estimated CAP of 8.36% using potential $6400 a month in total rents ($1600 per unit). “Big ticket” updates done makes for huge value on this one! ALL units painted inside and out, ALL new flooring, baths redone, lighting, and exterior paint for a clean look!

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Additional Information

Water
Public
Heating
Baseboard
Flooring
Laminate
Sewer
Public Sewer
Roof
Shake
Elementary School
Hayesville
Middle School
Adam Stephens
High School
McKay
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Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.