South Salem studio 5-plex with long-term, month to month Tenants, all at below market rent. Seller is willing to provide a roof credit at the time of closing.
For sale
Listed by: Mosar Commercial Properties • MIKE MOSAR • Contact: 971-273-7670
$495,000
1340-1354 Lee St SE, Salem, OR 97302
--beds
5baths
1,624sqft
:
Get pre-qualified$3,437/mo
Multi Family
Built in 1942
-- sqft lot
$489,700 Zestimate®
$305/sqft
$-- HOA
What's special
- 73 days |
- 247 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
MIKE MOSAR 971-273-7670,
Mosar Commercial Properties
Source: WVMLS,MLS#: 840914
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 5
Heating
- Electric
Appliances
- Included: Dishwasher, Gas Water Heater, Refrigerator
- Laundry: Common Area
Features
- Flooring: Vinyl
- Has fireplace: No
Interior area
- Total structure area: 1,624
- Total interior livable area: 1,624 sqft
Property
Parking
- Parking features: Lot
Lot
- Size: 6,969 Square Feet
Details
- Zoning: CO
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1942
Utilities & green energy
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Salem
Financial & listing details
- Price per square foot: $305/sqft
- Annual tax amount: $2,288
- Price range: $495K - $495K
- Date on market: 5/11/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$489,700
$465,000 - $514,000
$1,786/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/11/2026 | Listed for sale | $495,000$305/sqft |
Source:  WVMLS #840914 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Southeast Salem
Nearby schools
GreatSchools rating
- 7/10Bush Elementary SchoolGrades: K-5Distance: 0.3 mi
- 5/10Leslie Middle SchoolGrades: 6-8Distance: 2 mi
- 5/10South Salem High SchoolGrades: 9-12Distance: 0.6 mi
- $33,070-- bd-- ba10 sqft1354 Lee St SE, Salem, OR 97302Off Market
- $292,0002 bd1 ba808 sqft1330 Lee St SE, Salem, OR 97302Sold
- $369,9993 bd2 ba1k sqft1335 Lee St SE, Salem, OR 97302For Sale
- $300,0000.322 Acres930 13th St SE, Salem, OR 97302Sold
- $343,9003 bd1 ba1.1k sqft1345 Lee St SE, Salem, OR 97302Off Market
- $244,3003 bd1 ba704 sqft1325 Lee St SE, Salem, OR 97302Off Market
- $625,0000.407 Acres1345 Waller St SE, Salem, OR 97302Sold
- $---- bd1 ba400 sqft1341 Waller St SE #9FD97AD40, Salem, OR 97302Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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