664 THOMPSON AVE, Salem, OR 97301

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Sold Price
$580,000
List Price
$600,000
Closing Date
May 20, 2026
Days on Market
208
MLS#
618925138
Property Type
Multifamily
Sqft. of Residence
3,744
Lot Size
5, 000 to 6, 999 SqFt
Region
Marion Co: Central Salem
Status
SOLD

Property Description

Fantastic Income Opportunity! Don’t miss this well-maintained 4-plex featuring four 2-bedroom, 1-bath units, perfect for investors or owner-occupants! Three units are currently tenant-occupied, and the fourth is owner-occupied, offering immediate income potential. Each spacious unit includes a comfortable living room, dining area, and a well-equipped kitchen with all appliances and lots of cupboard space. Bedrooms are nicely sized, and the bathrooms feature a convenient tub/shower combo. Enjoy off-street parking, a fenced front yard area, and a shared coin-operated community laundry room for added convenience. Ideally located just minutes from a wide variety of restaurants, shopping, and neighborhood parks, this property combines comfort, convenience, and excellent investment value!

Additional Information

Tax Amount
$5,224
Year Built
1966
High School
North Salem
Elementary School
Englewood
Middle School
Parrish
Acres
0.13
Living Area
3,744
Stories
2
Terms
Cash, Conventional, FHA, VA Loan
Fuel Description
Electricity
Heating Description
Baseboard
Hoa Rent Includes
None
Hot Water Description
Electricity
Exterior Description
Other
Roof Type
Composition
Sewer Description
Public Sewer
Parking
Off Street
Parking Description
Off Street
Road Surface
Paved
Number Of Units Total
4
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
930
Unit Type One Sq Ft
936
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
2
Unit Type Three Rent
930
Unit Type Three Sq Ft
936
Unit Type Three Units Total
1
Unit Type Four Baths Total
1
Unit Type Four Beds Total
2
Unit Type Four Sq Ft
936
Unit Type Four Units Total
1

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of eXp Realty, LLC. Selling Office: Non Rmls Broker.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.