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Courtesy of HOMESMART REALTY GROUP - KEIZER, BRIAN MCVAY, Agent: 503-510-6827 
5 Beds
3.5 Baths
3,065 sqft

$495,950

589 Knapp Pl, Salem OR, 97301

Price per sqft$161.81
Built in1936
Property size3,065 sqft
Property typeMulti-family

Overview

Active

Listed Aug 3, 2026

Updated Aug 4

Investment Opportunity! 3 bedroom home on Mill Creek with over 2000sf 3br/1.5ba. 2 fireplaces. Walk out basement to a patio with firepit creekside. Live in the home and rent the two twin 528sf cottages or rent all three homes for a great return on investment. The Cottages are identical with each having a 1 bedroom, living, kitchen and bath layout. Roofs were all checked out in 2024 and good to go. All units have mini split heat pumps for heat and cool. Don't miss this opportunity as it will go fast.

$3,300/mo

Est. mortgage payment based on a $495,950 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
844159

Interior Features

Bedrooms
5
Bathrooms
3.5
Fireplace
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.11 Acres

Other Property Details

Taxes
$3,899
Tax Frequency
Annually
View
Yes

Also listed on RMLS

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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. 

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