Listed by ERIC SWANSON, Smi Real Estate, (541) 990-3795 . Bought with Exp Realty, Llc
$699,400
- 8 Beds
- 4 Baths
- 3,025 sqft (on 0.28 acres)
1031 Ring St NE, Salem, OR 97303
Currently Off Market - Sold Apr 14, 2026 for $700,000 (1% above list price)
Home Value
Trulia Estimate
$699KSince last month
Decreased$4K (-0.6%)Since last year
Increased$16K (+2.4%)Since last sale
$300 (0%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +2% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $700K |
| August 2026 | $704K |
| July 2026 | $703K |
| June 2026 | $698K |
| May 2026 | $701K |
| April 2026 | $700K |
| March 2026 | $675K |
| February 2026 | $683K |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.01 | Multi-Family Home | $700,000 | 04/14/26 | 8 | 4 | 3,025 | |
0.03 | Multi-Family Home | $856,000 | 01/08/26 | 8 | 6 | 3,968 | |
0.12 | Multi-Family Home | $380,000 | 11/17/25 | 6 | 3 | 3,381 | |
0.11 | Multi-Family Home | $380,000 | 11/17/25 | 6 | 3 | 3,381 | |
0.23 | Multi-Family Home | $727,810 | 07/17/26 | 6 | 6 | 2,874 | |
0.18 | Multi-Family Home | $437,023 | 09/24/25 | 5 | 2 | 2,535 | |
0.87 | Multi-Family Home | $535,000 | 07/09/26 | 6 | 3 | 2,176 | |
0.69 | Multi-Family Home | $300,000 | 06/30/26 | 3 | 2 | 960 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $856,000 | 8 | 6 | 3,968 | Recently Sold | |
0.05 | $658,300 | 8 | 4 | 3,080 | Off Market | |
0.02 | $700,000 | 8 | 4 | 3,025 | Recently Sold | |
0.06 | $451,500 | 3 | 2 | 1,332 | Off Market | |
0.10 | $343,500 | 3 | 1 | 1,375 | Off Market | |
0.11 | $379,200 | 6 | 3 | 3,381 | Off Market | |
0.12 | $379,200 | 6 | 3 | 3,381 | Off Market | |
0.15 | $517,700 | 4 | 2 | 1,904 | Off Market | |
0.15 | $822,800 | 12 | 10 | 3,764 | Off Market | |
0.18 | $436,700 | 5 | 2 | 2,535 | Off Market | |
0.16 | $468,500 | 3 | 1.5 | 1,272 | Off Market |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 1960
0.28 acre lot
3,025 sqft
$231/sqft
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). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $699,400, with a rent estimate of $1,689/month.
Home Details for 1031 Ring St NE
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Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 4 |
Dimensions and Layout Living Area: 3025 Square Feet |
Fireplace & Spa No Fireplace |
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Exterior Home Features Roof: Metal Or Aluminum |
Parking & Garage Parking: off street parking |
Water & Sewer Sewer: Public Sewer |
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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 |
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Price List Price: $695,000Price Per Sqft: $231/sqft |
Status Change & Dates Off Market Date: Tue Apr 14 2026Possession Timing: COE |
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MLS Status: SOLD |
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Direction & Address City: KeizerCommunity: Hartman 02 |
School Information Elementary School: WeddleJr High / Middle School: Claggett CreekHigh School: McNary |
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Building Area Building Area: 3025 Square Feet |
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Lot Area: 0.28 acres |
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Listing Agreement Type: Exclusive Right To SellListing Terms: FHA, VA Loan, Cash, Conventional, 1031 Exchange |
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Mobile Home Park Mobile Home Units: Feet |
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Mls Number: 837807Attribution Contact: Cell: 541-990-3795 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Apr 14, 2026 Source: WVMLS #837807 | Sold | $700,000 |
Mar 25, 2026 Source: RMLS (OR) #465634653 | Pending | $695,000 |
Mar 25, 2026 Source: WVMLS #837807 | Contingent | $695,000 |
Feb 19, 2026 Source: RMLS (OR) #465634653 | Listed For Sale | $695,000 |
Market trends in Keizer
Last updated August 2026
Avg. sale price
$463K
$5.58KMoM
Sale-to-List Price
โ
Price per sq ft
$271
$7MoM
Available listings
155
5MoM
Around this home
What Locals Say about Keizer
At least 239 Trulia users voted on each feature.
87 % Say it's dog friendly
86 % Say parking is easy
83 % Say car is needed
83 % Say there are sidewalks
81 % 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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

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.
Zillow, Inc. Randy Carroll, (206) 516-2255
Zillow, Inc. Randy Carroll, (206) 516-2255
Frequently asked questions about 1031 Ring St NE
- What is 1031 Ring St NE estimated to be worth?Trulia's estimated value for 1031 Ring St NE in Salem, OR is $699,400.
- What is the price history for 1031 Ring St NE?1031 Ring St NE in Salem, OR last sold for $700,000 in April 2026.
- Is Salem a buyer's or seller's market?Salem is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Salem?The median sale price in Salem is $463K. That is up $5.58K from the prior month.
- Does 1031 Ring St NE have parking?Yes, 1031 Ring St NE in Salem, OR has on-site parking.

