About This Home
This 5-bedroom, 4-bathroom multi-family at 589 Knapp Pl NE in Salem, OR is listed for $495,950 ($162 per sqft). Built in 1936, the home offers 3,065 sqft of living space on a 0.11 acres lot.
Key Features
- Built in 1936
- 0.11 acre lot
- Fireplace
- Waterfront
Property Details
Amenities
Investment Opportunity! 3 bedroom home on Mill Creek with over 2000sf 3br/1.5ba. 2 fireplaces. Walk out basement to a patio with firepit creekside. Live in the home and rent the two twin 528sf cottages or rent all three homes for a great return on investment. The Cottages are identical with each having a 1 bedroom, living, kitchen and bath layout. Roofs were all checked out in 2024 and good to go. All units have mini split heat pumps for heat and cool. Don't miss this opportunity as it will go fast.
Monthly Cost Estimate
$2,652/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
589 Knapp Pl NE
Salem, OR 97301
Knapps add.
Property Details
Flooring
Views
Outdoor Features
Heating
Questions & Answers
This 5-bedroom, 4-bathroom multi-family at 589 Knapp Pl NE is listed at $495,950 ($162/sqft). The estimated monthly payment is $2,653 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1936, 0.11 acre lot, Fireplace, Waterfront.
This property is listed by BRIAN MCVAY.
BRIAN MCVAY
Agent at HOMESMART REALTY GROUP - STAYTON



