This 10 unit complex was completely renovated in 2017. 100% occupied and attaining solid rents on a good unit mix. In place property management. Assumable financing for a qualified purchaser. Fixed rate at 4.030%. Loan matures in 2032.
For sale
Listed by: Smi Real Estate • BRANDON WHITEHEAD • Contact: 503-551-8901
$1,650,000
1348-1366 12th St SE, Salem, OR 97302
--beds
--baths
5,528sqft
Multi Family
Built in 1910
-- sqft lot
$1,559,400 Zestimate®
$298/sqft
$-- HOA
What's special
- 164 days |
- 133 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
BRANDON WHITEHEAD 503-551-8901,
Smi Real Estate
Source: WVMLS,MLS#: 837402
Facts & features
Interior
Heating
- Electric
Appliances
- Included: Dishwasher, Disposal, Electric Range, Electric Water Heater, Refrigerator
- Laundry: Common Area
Features
- Flooring: Carpet, Laminate, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 5,528
- Total interior livable area: 5,528 sqft
Property
Features
- Fencing: Partial
Lot
- Size: 0.33 Acres
- Features: Irrigation System, Landscaped
Details
- Zoning: CG
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Fiber Cement
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Hardwired Fire System
HOA
- Has HOA: No
Location
- Region: Salem
Financial & listing details
- Price per square foot: $298/sqft
- Price range: $1.7M - $1.7M
- Date on market: 2/6/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,1031 Exchange
Estimated market value
$1,559,400
$1.48M - $1.64M
$1,589/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/6/2026 | Listed for sale | $1,650,000$298/sqft |
Source:  WVMLS #837402 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Southeast Salem
Nearby schools
GreatSchools rating
- 7/10Bush Elementary SchoolGrades: K-5Distance: 0.6 mi
- 5/10Leslie Middle SchoolGrades: 6-8Distance: 1.7 mi
- 5/10South Salem High SchoolGrades: 9-12Distance: 0.4 mi
- $--1 bd1 ba660 sqft1348-1366 12th St SE #1352, Salem, OR 97302Off Market
- $--1 bd1 ba660 sqft1348-1366 12th St SE #1364, Salem, OR 97302Off Market
- $--1 bd1 ba660 sqft1348-1366 12th St SE #1358, Salem, OR 97302Off Market
- $--2 bd1 ba875 sqft1348-1366 12th St SE #1356, Salem, OR 97302Off Market
- $--3 bd1 ba1.2k sqft1348-1366 12th St SE #1348, Salem, OR 97302Off Market
- $--2 bd1 ba875 sqft1348-1366 12th St SE #1354, Salem, OR 97302Off Market
- $--1 bd1 ba660 sqft1348-1366 12th St SE #5516699, Salem, OR 97302Off Market
- $--2 bd1 ba875 sqft1348-1366 12th St SE #5514647, Salem, OR 97302Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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