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 • 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
$1,527,800 Zestimate®
$298/sqft
$-- HOA
What's special
- 275 days
- 108
- 6
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
$1,527,800
$1.45M - $1.60M
$1,528/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
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