2728 Lancaster Dr, Salem OR, 97317

Courtesy of SMI REAL ESTATE, PATRICK MULHERN, Cell: 971-707-0335

Active

ACTIVE UNDER CONTRACT

2728 Lancaster Dr

Salem OR, 97317

$2,500,000

$147.82 per sqft

Active

ACTIVE UNDER CONTRACT

38 Beds

27 Baths

16,912 sqft

Multi-family

Built in 1970

Accepted Offer with Contingencies. Discover Tamara Manor: Your smart investment choice! Ideal location near major employers, I5 access. 16 inviting 2-bedrooms, 2 expansive 3-bedrooms, all below market rents. Recent upgrades, 11 remodeled units, 6 vintage with loyal, long-term tenants. Achieve a 5.86% Cap rate based on actual operating data. Owner financing available. Your gateway to affordable comfort and savvy investment awaits in this upgraded 18-unit haven.

812745

MLSⓇ ID

January 23, 2024

Listed

February 21, 2025

Updated

Interior Features

Bedrooms: 38
Total Bathrooms: 27
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.89 Acres

Other Property Details

Area Name: 35 SUBURBAN E SALEM/SOUTH
Taxes: $20,119
Tax Frequency: Annually
Garage: No
View: No
County: Marion
Pool: No

Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Neither listing broker(s) nor Rebecca Donaldson, WVMLS Member shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.