Skip main navigation
Pending
  • $580,000

    1385 Hines St SE, Salem, OR 97302

    5beds
    2,525sqft
    : 
    $4,259/mo
    Get pre-qualified
    Multi Family
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $230/sqft
    $-- HOA

    What's special

    Quiet private settingNicely 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!
    71 days
    26
    0

    Zillow last checked:

    Listing updated:

    Listed by:

    Tom Ramsey 503-481-0501,

    John L. Scott Portland South

    Source: RMLS (OR),MLS#: 787729274MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Baseboard
      Cooling
      • None
      Appliances
      • Included: Range, Refrigerator, Electric Water Heater
      • Laundry: Common Area
      Interior area
      • Total structure area: 2,525
      • Total interior livable area: 2,525 sqft

      Property

      Parking
      • Total spaces: 7
      • Parking features: Open
      • Has uncovered spaces: Yes
      Lot
      • Size: 0.29 Acres
      • Features: Level, SqFt 10000 to 14999
      Details
      • Parcel number: 571138
      • Zoning: rm2

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Cement Siding, Lap Siding, Wood Siding
      • Foundation: Concrete Perimeter
      • Roof: Composition
      Condition
      • Year built: 1920

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Laundry
      Location
      • Region: Salem

      Financial & listing details

      • Price per square foot: $230/sqft
      • Tax assessed value: $401,560
      • Annual tax amount: $3,471
      • Date on market: 7/25/2026
      • Cumulative days on market: 72 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Total actual rent: 4330
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/17/2026Pending sale$580,000$230/sqft
        Source: RMLS (OR) #787729274 Report a problem
        7/25/2026Listed for sale$580,000+7.4%$230/sqft
        Source: RMLS (OR) #787729274 Report a problem
        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

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Southeast Salem

        Getting around

        77 / 100
        Very Walkable
        37 / 100
        Some Transit
        85 / 100
        Very Bikeable

        Nearby schools

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

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

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts