For SaleRisky Deal139 days on market
170 Friendship Ave SE
170 Friendship Ave SE, Salem, OR 97302, Salem, OR 97302
$339,000
Estimate®:$338,400
Listing Price
170 Friendship Ave SE, Salem, OR 97302
Loc: Salem, OR
Days Listed
139
Tax Assessed
$448k
Estimate®
$338k
Market Rate
Lot Size
0.25 acres
Rent Estimate
$2,493/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
4
Wright Elementary School
K-5
0.4 mi away
6
Judson Middle School
6-8
0.6 mi away
6
Sprague High School
9-12
1.3 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylesingle-storyattached garagewood sidingsuburbanlandscaped lawnmature treesresidentialspacious front yardneutral exteriorlow-pitched roofcozydriveway
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.16%
Total ROI
71.0%
Cash Flow
$-301/mo
DSCR
0.83
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-301/mo net cash flow with a 5.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Salem, OR
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-21 | Price change | $339,000 | $213 |
| 2026-08-24 | Price change | $359,000 | $226 |
| 2026-07-22 | Price change | $379,000 | $238 |
| 2026-07-10 | Listed for sale | $389,000 | $245 |
| 2026-06-27 | Contingent | $389,000 | $245 |
| 2026-06-26 | Pending sale | $389,000 | $245 |
| 2026-06-17 | Price change | $389,000 | $245 |
| 2026-06-05 | Listed for sale | $399,000 | $251 |
| 2026-05-18 | Pending sale | $399,000 | $251 |
| 2026-05-07 | Listed for sale | $399,000 | $251 |
| 1990-01-11 | Sold | $68,500 | $43 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,857.24 | $219,320 |
| 2024 | $3,579.14 | $212,940 |
| 2023 | $3,473.76 | $200,720 |
| 2022 | $3,376.46 | $200,720 |
| 2021 | $3,280.03 | $194,880 |
| 2020 | $3,184.54 | $157,260 |
| 2019 | $3,072.51 | $0 |
| 2018 | $3,033.02 | $0 |
| 2017 | $3,033.02 | $0 |
| 2016 | $2,607.62 | $0 |
| 2015 | $2,607.62 | $0 |
| 2014 | $2,542.51 | $0 |
| 2013 | $2,430.28 | $0 |
| 2012 | $2,430.28 | $0 |
| 2011 | $2,325.26 | $124,170 |
| 2010 | $2,230.77 | $117,050 |
| 2009 | $2,205.87 | $117,050 |
| 2008 | $2,081.07 | $113,640 |
| 2007 | $2,015.46 | $0 |
| 2006 | $2,038.15 | $0 |
| 2005 | $2,074.23 | $0 |
| 2004 | $2,083.39 | $0 |
| 2003 | $1,986.95 | $0 |
| 2002 | $1,939.18 | $0 |
| 2001 | $1,880.58 | $0 |
| 2000 | $1,822.3 | $0 |
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