About 771 21st St Se
4 plex investor opportunity in central Salem with potential to assume FHA mortgage at 2.75%! This detached 4-plex offers four 1-bedroom, 1-bath units—each with its own private entrance, electric meter, and water heater. The original home was extensively remodeled and partially rebuilt in 1990–91, blending character with modern updates. Recent improvements include a newer roof (approx. 5–10 years old), updated water heaters, new flooring, and ongoing maintenance that shows pride of ownership.
Features of 771 21st St Se
| MLS® # | 245194097 |
|---|---|
| Price | $600,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,282 |
| Acres | 0.13 |
| Year Built | 1925 |
| Type | Multi Family |
| Status | Active |
Community Information
| Address | 771 21st St Se |
|---|---|
| Area | 174 - Marion Co: Central Salem |
| City | Salem |
| County | Marion |
| State | OR |
| Zip Code | 97301 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Parking | Off Street, On Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Wall Heater |
|---|---|
| Cooling | None |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior | Wood Siding |
|---|---|
| Lot Description | Commons, Level, Public Road |
| Roof | Composition |
School Information
| Elementary | Richmond |
|---|---|
| Middle | Leslie |
| High | South Salem |
Additional Information
| Date Listed | August 5th, 2025 |
|---|---|
| Days on Market | 80 |
| Zoning | RM2 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | eXp Realty, LLC |
|---|---|
| Contact Info | 503-577-8853 |