# 771 21st St SE, Salem, OR 97301

> **TL;DR:** 4bd/4ba residential multi family, $550,000 ($241/sqft), built 1925, 2,282 sqft. Est. $2,383/mo. Listed 18 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $550,000 |
| Price/sqft | $241 |
| Bedrooms | 4 |
| Bathrooms | 4 full |
| Square Feet | 2,282 |
| Year Built | 1925 |
| Lot Size | 5,663 sqft (0.13 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 18 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,383 |
| **Total** | **$2,383** |

## Nearby Schools

- **Elementary:** Richmond
- **Middle:** Leslie
- **High:** South Salem

## Property Highlights

- Built in 1925
- 0.13 acre lot

## Description

### Agent Description
Charming detached 4-unit multifamily property ideally situated near downtown Salem, public transit, and local colleges. Each unit is a 1BD/1BA (tub/shower), fridge, stove/refrigerator,  private entrance, individual electric meter, and separate water heater — set up for straightforward management and tenant privacy. The building was substantially remodeled and partially rebuilt in the early 1990s with continued updates since: newer water heaters, fresh flooring throughout, and roof replaced in 2017. Residents enjoy dedicated off-street parking, on-site coin-operated laundry, and a fully fenced backyard courtyard. Excellent investment opportunity with potential to assume an attractive 2.75% FHA loan (buyer to verify with lender). Showings available by appointment only. Seller is related to listing agent.

## Location

- **Address:** 771 21st St SE, Salem, OR 97301
- **County:** Marion

## Listing Agent

- **Name:** JOE SKIPPER
- **Brokerage:** EXP REALTY, LLC
- **Phone:** 5035778853
- **Email:** joe@skipperrg.com

## Primary Photo

![771 21st St SE - Primary Photo](http://lh.rdcpix.com/9dcdfc6c6a67319e6915b49d2ea5a139l-f1794842772r.jpg)

*25 total photos available on [listing page](https://www.propertysimple.com/listing/771-21st-st-se-salem-or-97301-r841069)*

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**MLS#:** 841069 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Willamette Valley Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/771-21st-st-se-salem-or-97301-r841069)

---

## Structured Data

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  "name": "771 21st St SE, Salem, OR 97301",
  "description": "Charming detached 4-unit multifamily property ideally situated near downtown Salem, public transit, and local colleges. Each unit is a 1BD/1BA (tub/shower), fridge, stove/refrigerator,  private entrance, individual electric meter, and separate water heater — set up for straightforward management and tenant privacy. The building was substantially remodeled and partially rebuilt in the early 1990s with continued updates since: newer water heaters, fresh flooring throughout, and roof replaced in 20",
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