About 1207 D St
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. New owner benefits from current owner's investments! 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.
Features of 1207 D St
| MLS® # | 605231333 |
|---|---|
| Price | $789,900 |
| Bathrooms | 0.00 |
| Square Footage | 3,936 |
| Acres | 0.30 |
| Year Built | 1962 |
| Type | Multi Family |
| Status | Active |
Community Information
| Address | 1207 D St |
|---|---|
| Area | 174 - Marion Co: Central Salem |
| City | Salem |
| County | Marion |
| State | OR |
| Zip Code | 97301 |
Amenities
| Parking | Off Street |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Wall Heater |
|---|---|
| Cooling | Wall Unit(s) |
| Fireplace | No |
| # of Stories | 2 |
| Basement | Crawl Space |
Exterior
| Exterior | Cement Siding, Lap Siding |
|---|---|
| Lot Description | Level |
| Roof | Metal |
| Foundation | Concrete Perimeter |
School Information
| Elementary | Englewood |
|---|---|
| Middle | Parrish |
| High | North Salem |
Additional Information
| Date Listed | August 4th, 2026 |
|---|---|
| Days on Market | 47 |
| Zoning | RM2 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Epique Realty |
|---|---|
| Contact Info | 503-476-1020 |