4803 Future Rd NE

Salem, OR 97305
  • $740,000

    Price
  • 8

    Bed
  • Bath
  • 3,790

    SqFt

About the Listing 1451 - 17639

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!

Listing Highlights for 4803 Future Rd NE

Status Active
Days on Site 134
Property Type Multi-Family
MLS ® 828178
Year Built 1970
Total Square Footage 3,790
Lot/Acreage 0.43
County Marion
Neighborhood McNary Homes Add
Elementary School Swegle
Middle School Waldo
High School McKay

Interior Details

  • Bedrooms: 8
  • Bathrooms: Full
  • Appliances: Yes, No, Range Included, Refrigerator Included
  • Air Cond:
  • Heating: Electric,Baseboard
  • Fireplaces:
  • Floor: Carpet,Laminate,Vinyl
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Well

Exterior Details

  • Lot Description: Dimension Above,Yes
  • Garage Capacity: N/A
  • Roof: Built-Up
  • Others: Remarks,Patio,Vinyl,Lap
  • Sewer: City

Financial Details

  • Tax Amount: $6,333
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2024

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4803 Future Rd NE Salem, OR 97305

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