2221-2229 Timothy Drive Dr NW NW new Save Request In-Person Tour Request Virtual Tour
Salem,OR 97304
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,936 sqft
Price per Sqft $221
Subdivision West Salem Standard Nbhd
MLS Listing ID 831450
Bedrooms 6
Year Built 1973
Annual Tax Amount $5,589
Tax Year 2024
Lot Size 0.310 Acres
Acres 0.31
Property Sub-Type Triplex
Property Description
This is a phenomenal opportunity to own a newly remodeled 3 unit multiplex. Property sits in the NW hills with views of Mt Hood. 3 plex appraisal was done in March 2025 and valued at $700,000.00. 3 brand new electric panels. 2 new kitchens, new flooring and carpet through out, new paint, 1 new water heater. This property was a custom built, featuring beautiful custom windows through the units. Also features a ton of cedar finishes including ceilings. CREATIVE FINANCE AVAILABLE! CREATIVE FINANCE AVAILABLE – Zero down for owner occupied buyers. Must be able to qualify for conventional finance.Estimated Rents:Studio - $1000-$1,200 a month2 bed 1 bath - $1,695 a month3 bed 2 bath - $2,300 - $2,400 a month
Location
State OR
County Polk
Area 60 Northwest Salem
Rooms
Basement Partial,Unfinished
Dining Room Area (Combination)
Interior
Hot Water Electric,Gas
Heating Gas,Electric,Wood,Central AC,Hot Water,Stove,Forced Air
Flooring Carpet,Luxury Vinyl Plank,Tile
Fireplaces Type Living Room,Stove
Laundry Laundry Center,W/D Hookup
Exterior
Fence Partial
View Mountain,Territorial
Roof Type Composition
Building
Foundation Pier
Sewer City
Water City
New Construction No
Schools
Elementary Schools Brush College
Middle Schools Straub
High Schools West Salem
Others
Acceptable Financing FHA,Federal VA,Cash,Conventional
Listing Terms FHA,Federal VA,Cash,Conventional
Virtual Tour https://www.zillow.com/view-imx/02a75de1-5747-45a7-9395-dd77a0a1e1a1?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard