1031 Ring St NE, Salem, OR 97303
Property image
Property image
SOLD
APR 14, 2026
Listed by ERIC SWANSON, Smi Real Estate, (503) 390-6060 . Bought with Exp Realty, Llc

1031 Ring St NE
Salem, OR 97303

  • 8 Beds
  • 4 Baths
  • 3,025 sqft (on 0.28 acres)

$700,000

Last Sold: Apr 14, 2026
1% over list $695K
$231/sqft
Est. Refi. Payment $4,150/mo*
Refinance Your Home

$700,000

Last Sold: Apr 14, 2026
1% over list $695K
$231/sqft
Est. Refi. Payment $4,150/mo*
Refinance Your Home
8 Beds
4 Baths
3,025 sqft
(on 0.28 acres)

Local Information

  • Map ViewExplore the area around 1031 Ring St NE.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1960
Lot Size
0.28 acres
Living Area
3,025 sqft
Price/Sqft
$231/sqft
Last check for updates: about 2 hours ago
Listed by ERIC SWANSON, (541) 990-3795
Smi Real Estate
Bought with: CRYSTAL QIAN HU, Exp Realty, Llc
Source: WVMLS, MLS#837807

About this House

Stabilized 4-plex in a strong Keizer location generating approximately $4,670 per month in gross rents. Metal roof, off-street parking and consistent 2 bedroom demand support steady occupancy and predictable performance. Clean, small, multifamily asset in an established rental pocket. Adjacent 4-plex locate at 1061 Ring St NE also available for sale. Please do not disturb the residents.
1031 Ring St NE, Salem, OR 97303 is a 8 bedroom, 4 bathroom, 3,025 sqft multi-family built in 1960. It last sold for $700,000 on Apr 14, 2026 (1% above the $695,000 asking price). It is currently off market. The Trulia Estimate is $701,400, with a rent estimate of $1,487/month.

Home Details for 1031 Ring St NE

Interior Features

Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 4
Dimensions and Layout
Living Area: 3025 Square Feet
Fireplace & Spa
No Fireplace

Exterior Features

Exterior Home Features
Roof: Metal Or Aluminum
Parking & Garage
Parking: off street parking
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1960
Property Type / Style
Property Type: Residential IncomeProperty Subtype: QuadruplexStructure Type: FlatArchitecture: Flat
Building
Building Name: 1031 Ring St NE KeizerNot a New ConstructionDoes Not Include Home Warranty

Price & Status

Price
List Price: $695,000Price Per Sqft: $231/sqft
Status Change & Dates
Off Market Date: Tue Apr 14 2026Possession Timing: COE

Active Status

MLS Status: SOLD

Location

Direction & Address
City: KeizerCommunity: Hartman 02
School Information
Elementary School: WeddleJr High / Middle School: Claggett CreekHigh School: McNary

Building

Building Area
Building Area: 3025 Square Feet

Lot Information

Lot Area: 0.28 acres

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: FHA, VA Loan, Cash, Conventional, 1031 Exchange

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Miscellaneous

Mls Number: 837807Attribution Contact: Cell: 541-990-3795

Price History for 1031 Ring St NE

DatePriceEventSource
04/14/2026$700,000Sold
WVMLS #837807
03/25/2026$695,000PendingRMLS (OR) #465634653
03/25/2026$695,000ContingentWVMLS #837807
02/19/2026$695,000Listed For SaleRMLS (OR) #465634653

Market trends in Keizer

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
139
21MoM
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Comparable Sales for 1031 Ring St NE

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1061 Ring St NE, Salem, OR
0.01
Multi-Family Home
$700,000
04/14/26
8
4
3,025
1001 Ring St NE, Salem, OR
0.03
Multi-Family Home
$856,000
01/08/26
8
6
3,968
983-985 Bever Dr NE, Salem, OR
0.12
Multi-Family Home
$380,000
11/17/25
6
3
3,381
985 Bever Dr NE, Salem, OR
0.11
Multi-Family Home
$380,000
11/17/25
6
3
3,381
4025 Filbert Ave NE, Keizer, OR
0.23
Multi-Family Home
$727,810
07/17/26
6
6
2,874
593-595 Bever Dr NE, Salem, OR
0.18
Multi-Family Home
$437,023
09/24/25
5
2
2,535
4286-4288 Northside Dr NE, Salem, OR
0.87
Multi-Family Home
$535,000
07/09/26
6
3
2,176
224-226 Stark St N, Salem, OR
0.69
Multi-Family Home
$300,000
06/30/26
3
2
960

Nearby homes

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Assigned Schools

These are the assigned schools for 1031 Ring St NE.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Keizer

At least 238 Trulia users voted on each feature.

  • 88 % Say it's dog friendly

  • 86 % Say parking is easy

  • 83 % Say car is needed

  • 83 % Say there are sidewalks

  • 82 % Say yards are well-kept

  • 79 % Say there's holiday spirit

  • 77 % Say kids play outside

  • 68 % Say people would walk alone at night

  • 65 % Say streets are well-lit

  • 63 % Say it's quiet

  • 58 % Say neighbors are friendly

  • 55 % Say it's walkable to grocery stores

  • 54 % Say they plan to stay for at least 5 years

  • 49 % Say it's walkable to restaurants

  • 39 % Say there's wildlife

  • 25 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Maxine Kaneko
    "Friendly, quiet, close by shopping center, mini festivals and Christmas parade every year, live music during summer time at Keizer rapids park, etc"
    0
    Flag
  • Maxine Kaneko
    "Quaint and family friendly. Good amount of grocery and retail stores. Has in and out burger and community always come together for a christmas parade."
    0
    Flag
  • Anthony Ponce
    "There are a decent amount of speeding cars in the neighborhood. Be careful with your little ones and pets "
    0
    Flag
  • Trulia User
    "every one's option is different so who's to say what's good or bad.seems to be a nice quiet and for most part clean neighborhood"
    3
    Flag
  • Andrew S.
    "this is good neighborhood and safe. great for young families just starting out. or even empty nesters."
    6
    Flag
  • Christyna B.
    "Small town feel with great food and shopping close by. Great community feel with people helping people. Walkable and lovely parks as well. Two annual parades and more! "
    1
    Flag
  • Tamara P.
    "Pretty safe neighborhood. Our stuff is put away at night and we have no problems. Local parks are clean and well maintained. "
    2
    Flag
  • Andrew S.
    "Happy neighborly feel. It was nice to walk safe and secure prefect for a family. Close to great schools."
    4
    Flag
  • Kristina S.
    "safe neighborhood everyone watches out for everyone but people drive kinda fast and crazy so take caution if you have kids and animals "
    0
    Flag
  • Jlsarge62
    "Most everyone drives. There is one major busy route, River Road, into Salem. That is where many residents work."
    0
    Flag
  • Jonesshelley
    "I drive to work it takes me 10 to 15 minutes to get to work. I dont need to use public transportation."
    0
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  • Michelinaengel
    "Super dog park with area for large dogs and area for small dogs. Fenced so they can be free and off leash. "
    1
    Flag
  • Tamara P.
    "This is a dog friendly area. Lots of people walking their dogs responsibly. I haven’t seen any strays or cause for concern. I own two dogs and have a fenced yard. "
    1
    Flag
  • Hannah.claire.bennett
    "It’s a great town to live in if you work off i5. Close to Salem and Woodburn! Traffic isn’t awful but present. Trains are the biggest hassle "
    0
    Flag
  • Tamara P.
    "The neighbors are friendly and wave hello but not all up in your business. They take care of their houses, lawns, and so forth. Kids trick or treat. "
    1
    Flag
  • Livelyest1dm
    "Dog park and river nearby. Grocery stores and Keizer Station a bus ride away. Restaurants nearby. Friendly neighbors. I’m elderly."
    0
    Flag
  • Debramoore54
    "Easy commute to downtown Salem. Beaches and mountains are all within an hour radius. Very holiday spirited. The Willamette River is close by with boat ramps to launch watercraft. "
    0
    Flag
  • Stefani R
    "I’ve lived on Staats Lake for over 3 years now & love the neighborhood. The HOA insures a clean look & it’s very safe as well."
    0
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  • Marlene G.
    "Very nice neighborhood clean and really good schools ...................................................."
    0
    Flag
  • Natalie M.
    "This area seems like home to many folks. Mixed race and range in age combined together, meanwhile have seemed to master coexisting👍🏽"
    1
    Flag
  • Hdimatteo
    "Most of the neighbors follow the basic rules of being good neighbors. Police, firefighters are excellent, very responsive and helpful. "
    0
    Flag
  • Millertheviking
    "Most of my neighbors have dogs. It does get pretty loud sometimes when the barking starts up. However there are plenty of places to walk your dog and dog parks to hang out at. Many stores and shops are dog-friendly. "
    2
    Flag
  • ValerieO
    "It’s quiet and very safe!! The Deputy Chief of the Police Dept is a neighbor. People are so friendly and stop to visit if you’re out in your yard. Lots of daily walkers & joggers. "
    0
    Flag
  • Alex Swedenborg
    "I lived here for over 4 years and felt pretty safe overall. I have a family and work in the area. My wife is a teacher and I am a Project manager for a construction company. I have a child."
    0
    Flag
  • Trulia User
    "Easy fifteen minute commute to work. No traffic, lots of good transportation options. "
    1
    Flag
  • Sandra H.
    "it's close to a dog park. it's close to the Willamette river. we have very friendly people all around us.theres plenty of sidewalks for walking their dogs. "
    0
    Flag
  • Sandra H.
    "it's quite,I can walk or ride my bike to pretty much any place I need to go. my neighbors are all friendly and keep an eye out for any wrong doing. I love living here. "
    0
    Flag
  • Millertheviking
    "Great elementary schools and nice quiet neighborhoods that are safe for kids to play, ride bikes, etc. We moved here from Tigard, which is supposed to be a great city for families and we are very happy here and have found plenty of community activities and facilities to keep our kids busy!"
    0
    Flag
  • Laura S.
    "easy commute. close to shopping, downtown, I5 and parks. great schools and neighborhoods. love it here"
    0
    Flag
  • Nanicalep
    "Awesome. Easy. Convenient to where I need to be/go, wherever that might be. Also right off of i5 so that makes it easier to leave town. "
    0
    Flag
  • Ariel H.
    "lived and and near keizer all my life. expensive to live here and ritzy looking but it's a very nice community that is there for each other. I love it"
    0
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  • Amber D.
    "We love our family friendly neighborhood. We are surrounded by friendly people, great school, and convenient shopping and freeways traveling. "
    0
    Flag
  • Evalanisavage
    "Very nice and clean. People are very friendly and welcoming. Lots of places to eat and shop at. Easy to find your way around. "
    0
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Apartments for Rent

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Explore by feature - Pet Friendly

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Homes for sale near 1031 Ring St NE

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Off Market Homes Near 1031 Ring St NE

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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.