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Sold for $982,000
  • Listed by: Capacity Commerical Group Llc • GEORGE GRABENHORST • Contact: Cell: 503-559-9397
    Bought with: Homestead Real Estate
    $982,000

    1380 Saginaw St S, Salem, OR 97302

    6beds
    6baths
    3,120sqft
    Quadruplex
    Built in 2026
    -- sqft lot
    $988,400 Zestimate®
    $315/sqft
    $2,387 Estimated rent

    Home value

    $988,400

    $939,000 - $1.04M

    $2,387/mo

    Zestimate® history
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    $2,387/mo

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    $6,376/mo

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    $6,376/mo

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    What's special

    Community garden area
    Completed, Brand - new 4 - plex in a close in South Salem location. Walk or easy access to downtown, Bush Park, Best Little Roadhouse, & Public Transportation. Wonderful amenities including all appliances community garden area. This is an ideal acquisition for an investor looking for a potential strong cash flow & long-term appreciation. Saginaw property unit rented.  All 4 units are rented which gives a buyer a very good income stream. Both 2 bed/2 bath units are rented at $1800/month, and

    Zillow last checked:

    Listing updated:

    Listed by:

    GEORGE GRABENHORST Cell:503-559-9397,

    Capacity Commerical Group Llc

    Bought with:

    MONICA M. DORRIS

    Homestead Real Estate

    Source: WVMLS,MLS#: 841272MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    Dining room
    • Features: Area (Combination)
    Heating
    • Electric, Ductless/Mini-Split
    Appliances
    • Included: Dishwasher, Disposal, Washer/Dryer, Electric Range, Range Included, Electric Water Heater, Refrigerator
    Features
    • Flooring: Carpet, Laminate
    • Has fireplace: No
    Interior area
    • Total structure area: 3,120
    • Total interior livable area: 3,120 sqft

    Property

    Parking
    • Parking features: Street
    Features
    • Patio & porch: Deck
    • Exterior features: Gray
    • Fencing: Partial
    • Has view: Yes
    • View description: Territorial
    • Frontage length: 75
    Lot
    • Size: 7,275 Square Feet
    • Dimensions: 85.56 x 75.12
    • Features: Dimension Above, Irregular Lot
    Details
    • Zoning: RM-2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Composite, Lap Siding
    • Foundation: Continuous
    • Roof: Composition
    Condition
    • New construction: Yes
    • Year built: 2026

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Water Connected

    Community & HOA

    Community
    • Features: Other (Refer to Remarks)
    • Subdivision: Southwest Addition
    HOA
    • Has HOA: No
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $315/sqft
    • Annual tax amount: $4,517
    • Price range: $982K - $982K
    • Date on market: 5/20/2026
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    9/16/2026Sold$982,000-0.8%$315/sqft
    Source: WVMLS #841272 Report a problem
    8/10/2026Price change$990,000-5.7%$317/sqft
    Source: WVMLS #841272 Report a problem
    7/10/2026Price change$1,050,000-6.7%$337/sqft
    Source: WVMLS #841272 Report a problem
    5/20/2026Listed for sale$1,125,000$361/sqft
    Source: WVMLS #841272 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: South Central

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: McKinley
    • Middle: Leslie
    • High: South Salem

    Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $988,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $988,400