2870 Lancaster Dr NE, Salem, OR 97305 | MLS #832854 | Berkshire Hathaway HomeServices Real Estate Professionals
 
Listing provided courtesy of SMI REAL ESTATE- MLS# 832854MLS ProviderContact Information: 541-979-9831

2870 Lancaster Dr NESalem, OR 97305

Multi-Family · 6 Beds · 2,208 Sq. ft. | 0.18 Acres
$565,000 ACTIVE

2870 Lancaster Dr NE Overview

Time on Site:
312 days
Visits:
3

See this well-maintained triplex in a highly accessible Salem location with recent capital improvements including a new roof and gutters. Each unit offers strong rental appeal with convenient access to shopping, public transit, and major employers. An excellent opportunity for owner-occupants or investors seeking a stable addition to their portfolio. Located directly across the street from 2910 Lancaster Dr NE, also available for purchase, refer to MLS#832855

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2870 Lancaster Dr NE Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,208
  • Price/Sq.ft. $256
  • Lot 0.18 Acres

Details

General

Building Information

  • Year Built: 1954

Location/Region

  • County Or Parish: Marion
  • MLS Area Major: 30 SUBURBAN E SALEM/NORTH

Tax Information

  • Tax Annual Amount: 3187

General Information

  • Property Sub Type: Triplex
  • Property Type: Multi Family

Interior

Beds/Baths

  • Bedrooms Total: 6

General Information

  • Living Area: 2208

Exterior

Lot Information

  • Lot Size Acres: 0.18
  • Water Source: City,Connected

General Information

  • Sewer: City

2870 Lancaster Dr NE Neighborhood

Community

97305 (Salem) Demographics

30
Median Age
934
Population Density (per sq. mile)
25%
College Educated
$56,787
Estimated Median Income
7,843
Estimated Total Home Owners
6,333
Estimated Total Renters
55% / 45%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2870 Lancaster Dr NE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2870 Lancaster Dr NE Market Data

Based on the last 30 days in this zip code

$490,605
Average List Price
$278
Average Price per Square Foot
39
Properties Sold
93
Average Days on Market
190
Properties for Sale
Calculations provided by Reliance Network

2870 Lancaster Dr NE History

Date Event Value Agent
5/7/2026Source: Willamette Valley MLS Status Change
ACTIVE
5/4/2026Source: Willamette Valley MLS Status Change
ACTIVE UNDER CONTRACT
2/16/2026Source: Willamette Valley MLS Price Reduction
$565,000 -2.6%
10/2/2025Source: Willamette Valley MLS Price Reduction
$580,000 -2.5%
8/21/2025Source: Willamette Valley MLS Added to Database
August 21, 2025
11/30/2023Source: Willamette Valley MLS - Sold Data Added to Database
November 30, 2023