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Off market
  • $570,000

    1385 Hines St SE, Salem, OR 97302

    --beds
    --baths
    2,525sqft
    Multi Family
    Built in 1920
    -- sqft lot
    $570,000 Zestimate®
    $226/sqft
    $1,867 Estimated rent

    Home value

    $570,000

    $542,000 - $599,000

    $1,867/mo

    Zestimate® history
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    What's special

    Quiet private settingUpstairs studioNicely converted classic bungalow

    Tons of value in this Salem 4 plex! Two separate buildings - the front building is a nicely converted, classic bungalow, with three units. The back building is a stand-alone 2 bed/1 bath house. Main building features a 2 bedroom/1 bath unit, an upstairs studio, and a 1 bedroom unit at the rear of the home. Stand alone house boasts 2 bedrooms, 1 bath, and enjoys a quiet, private setting. Fully rented! Lots of interior updates in 2021, newer Hardi siding on the front house, tons of parking for tenants and a wonderful central location, close to Willamette University, and all the best of downtown Salem. This is a solid rental with lots of potential!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Source: John L Scott Real Estate,MLS#: 700386141

    Facts & features

    Interior

    Features
    • Has basement: No
    Interior area
    • Total structure area: 2,525
    • Total interior livable area: 2,525 sqft

    Property

    Lot
    • Size: 0.29 Acres
    Details
    • Parcel number: 571138

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1920

    Community & HOA

    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $226/sqft
    • Tax assessed value: $401,560
    • Annual tax amount: $3,471
    • Date on market: 2/21/2026
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    6/24/2021Sold$540,000$214/sqft
    Source: RMLS (OR) #21487538 Report a problem
    5/18/2021Pending sale$540,000$214/sqft
    Source: RMLS (OR) #21487538 Report a problem
    4/24/2021Listed for sale$540,000+203.4%$214/sqft
    Source: RMLS (OR) #21487538 Report a problem
    12/15/2017Listing removed$1,095
    Source: Gateway Property Management Report a problem
    12/1/2017Price change$1,095-8.4%
    Source: Zillow Rental Manager Report a problem
    11/23/2017Price change$1,195-20.1%
    Source: Zillow Rental Manager Report a problem
    11/16/2017Listed for rent$1,495$1/sqft
    Source: Zillow Rental Manager Report a problem
    2/27/2015Sold$178,000+1.7%$70/sqft
    Source: Public Record Report a problem
    2/20/2015Listed for sale$175,000-7.4%$69/sqft
    Source: HomeStar Brokers #684380 Report a problem
    5/1/2014Listing removed$189,000$75/sqft
    Source: John L Scott Real Estate #670506 Report a problem
    11/1/2013Price change$189,000+2.2%$75/sqft
    Source: John L Scott Real Estate #670506 Report a problem
    10/3/2013Listed for sale$185,000-5.1%$73/sqft
    Source: RON LEE REAL ESTATE #669527 Report a problem
    8/13/2010Listing removed$195,000$77/sqft
    Source: COLDWELL BNKR/COMMERCIAL DIV #622383 Report a problem
    8/1/2010Listed for sale$195,000$77/sqft
    Source: COLDWELL BNKR/COMMERCIAL DIV #622383 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,471 +7.8%$168,950 +3%
    2024$3,221 +3%$164,030 +6.1%
    2023$3,126 +2.9%$154,630
    2022$3,038 +2.9%$154,630 +3%
    2021$2,952 +3%$150,130 +6.1%
    2020$2,866 +3.6%$141,520
    2019$2,765 +1.3%--
    2018$2,729 --
    2017$2,729 +16.3%--
    2016$2,347 --
    2015$2,347 +2.6%--
    2014$2,288 +5.5%--
    2013$2,169 --
    2012$2,169 +0.2%--
    2011$2,165 +4.2%$115,630 +6.1%
    2010$2,077 +1.1%$109,000
    2009$2,054 +6%$109,000 +3%
    2008$1,938 +3.3%$105,830
    2007$1,877 +5.2%--
    2006$1,784 +2%--
    2005$1,748 -0.4%--
    2004$1,756 +4.9%--
    2003$1,675 +2.5%--
    2002$1,634 +3.1%--
    2001$1,585 +3.2%--
    2000$1,536 --
    Find assessor info on the county website

    Neighborhood: Southeast Salem

    Nearby schools

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

    Source: John L Scott Real Estate. 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
    $570,000
    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
    $570,000