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!
Pending
$580,000
1385 Hines St SE, Salem, OR 97302
5beds
2,525sqft
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$230/sqft
$-- HOA
What's special
Quiet private settingNicely converted classic bungalow
- 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#: 787729274
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
| Date | Event | Price |
|---|---|---|
| 8/17/2026 | Pending sale | $580,000$230/sqft |
Source: | ||
| 7/25/2026 | Listed for sale | $580,000+7.4%$230/sqft |
Source: | ||
| 6/24/2021 | Sold | $540,000$214/sqft |
Source: | ||
| 5/18/2021 | Pending sale | $540,000$214/sqft |
Source: | ||
| 4/24/2021 | Listed for sale | $540,000+203.4%$214/sqft |
Source: | ||
| 12/15/2017 | Listing removed | $1,095 |
Source: Gateway Property Management Report a problem | ||
| 12/1/2017 | Price change | $1,095-8.4% |
Source: Zillow Rental Manager Report a problem | ||
| 11/23/2017 | Price change | $1,195-20.1% |
Source: Zillow Rental Manager Report a problem | ||
| 11/16/2017 | Listed for rent | $1,495$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 2/27/2015 | Sold | $178,000+1.7%$70/sqft |
Source: Public Record Report a problem | ||
| 2/20/2015 | Listed for sale | $175,000-7.4%$69/sqft |
Source: HomeStar Brokers #684380 Report a problem | ||
| 5/1/2014 | Listing removed | $189,000$75/sqft |
Source: John L Scott Real Estate #670506 Report a problem | ||
| 11/1/2013 | Price change | $189,000+2.2%$75/sqft |
Source: John L Scott Real Estate #670506 Report a problem | ||
| 10/3/2013 | Listed for sale | $185,000-5.1%$73/sqft |
Source: RON LEE REAL ESTATE #669527 Report a problem | ||
| 8/13/2010 | Listing removed | $195,000$77/sqft |
Source: COLDWELL BNKR/COMMERCIAL DIV #622383 Report a problem | ||
| 8/1/2010 | Listed for sale | $195,000$77/sqft |
Source: COLDWELL BNKR/COMMERCIAL DIV #622383 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
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Neighborhood: Southeast Salem
Nearby schools
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.








