4803 Future Rd NESalem, OR 97305
Turn-Key Fourplex in Prime Salem Location – Ideal Investment Opportunity!Welcome to 4803, 4813, 4823, and 4833 Future Rd NE – a well-maintained and fully occupied fourplex in a quiet residential neighborhood of northeast Salem. This property features four spacious 2-bedroom, 1-bathroom units, each offering comfortable living spaces, abundant natural light, and private garage parking. Well was done in 2022. Two units were recently updated in 2024 with modern finishes, while the other two were remodeled in 2014—offering a great balance of contemporary updates and long-term reliability. Each unit is separately metered for electricity, and tenants enjoy on-site laundry facilities and extra storage space. Situated on a 0.22-acre lot, this income-producing property has a strong rental history and consistent tenant occupancy. Major recent improvements include a new roof installed in 2022 and newer windows throughout, ensuring minimal maintenance costs for years to come. Just minutes from shopping, schools, public transit, and major commuter routes, this fourplex presents a fantastic opportunity for the savvy investor looking to expand their portfolio or generate reliable monthly cash flow. Don’t miss your chance to own a solid multi-family asset in one of Salem’s most desirable rental corridors!
- Property Type:
Residential Income
- Architectural Style:
- Bedrooms:
8
- Bathrooms:
- Dwelling Size:
3,790 SqFt
- Lot Size:
0.43 Acres
- Lot Description:
- Stories:
- Year Built:
1970
- Interior Features:
- Exterior Features:
- Parking:
Garage or Parking Spaces:
Features: Garage
- Area:
35 Suburban E Salem/South
- Views:
Territorial
- Schools:
High School(s): McKay
Middle School(s): Waldo
Elementary School(s): Swegle
- HOA:
- Senior Community:
- Heating:
Electric, Baseboard
- Cooling:
- Appliances:
Dishwasher, Electric Water Heater, Refrigerator, Range Included
- Fireplace:
Fireplace(s):
Features:
- Accessibility:
- Security Features:
- Foundation:
Continuous
- Roof:
Built-Up