Well-maintained 4-unit property in a central South Salem location! Features a newer roof and exterior paint, plus stable tenants with long-term rental history. Each spacious 1,024 SF townhome-style unit offers 2 beds, 1.5 baths, private decks, and washer/dryer hookups. Off-street parking adds convenience for residents. Great investment opportunity with solid rental appeal!
Sold for $730,000
Listed by: Smi Real Estate • JORDAN SPARKS • Contact: 541-646-0650
Bought with: Keller Williams Capital City
Zestimate®
$730,000
1480-1486 Salishan St SE, Salem, OR 97302
8beds
6baths
4,096sqft
Quadruplex
Built in 1977
-- sqft lot
$730,000 Zestimate®
$178/sqft
$1,474 Estimated rent
Home value
$730,000
$694,000 - $774,000
$1,474/mo
Zestimate® history
Owner options
List your home for rent
$1,474/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,474/mo
Rent Zestimate®
Refinance and save
$4,468/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$4,468/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Private decksOff-street parkingNewer roof
Zillow last checked:
Listing updated:
Listed by:
JORDAN SPARKS 541-646-0650,
Smi Real Estate,
RYAN FISCHER,
Smi Real Estate
Bought with:
OKSANA SARAY
Keller Williams Capital City
Source: WVMLS,MLS#: 838187
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
Dining room
- Features: Area (Combination)
Heating
- Electric, Zoned
Appliances
- Included: Dishwasher, Washer/Dryer, Electric Range, Range Included, Electric Water Heater, Refrigerator
- Laundry: W/D Hookup
Features
- Flooring: Carpet, Laminate, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 4,096
- Total interior livable area: 4,096 sqft
Property
Parking
- Parking features: Lot
Features
- Patio & porch: Deck
- Exterior features: Brown
- Fencing: Partial
- Frontage length: 77
Lot
- Size: 10,626 Square Feet
- Dimensions: 138' x 77'
Details
- Zoning: RM2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- T111
- Foundation: Continuous
- Roof: Composition
Condition
- New construction: No
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Laguna Village
Location
- Region: Salem
Financial & listing details
- Price per square foot: $178/sqft
- Annual tax amount: $5,813
- Price range: $730K - $730K
- Date on market: 3/3/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: FHA,VA Loan,Cash,Conventional,1031 Exchange
- Inclusions: Refrigerators, Washers + Dryers
- Total actual rent: 5325
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Sold | $730,000-2.7%$178/sqft |
Source:  WVMLS #838187 Report a problem | ||
| 4/27/2026 | Contingent | $749,900$183/sqft |
Source: WVMLS #838187 Report a problem | ||
| 3/3/2026 | Listed for sale | $749,900$183/sqft |
Source: WVMLS #838187 Report a problem | ||
| 3/11/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/6/2023 | Listed for rent | $1,295 |
Source: Zillow Rentals Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Morningside
Nearby homes
- $730,0002 bd1 ba1k sqft1484 Salishan St SE, Salem, OR 97302Sold
- $--2 bd2 ba1k sqft1486 Salishan St SE #0, Salem, OR 97302Off Market
- $--2 bd1 ba1k sqft1486 Salishan St SE, Salem, OR 97302Off Market
- $491,8002 bd1 ba1k sqft1482 Salishan St SE, Salem, OR 97302Off Market
- $730,0008 bd8 ba4k sqft1480 Salishan St SE, Salem, OR 97302Sold
- $--2 bd1 ba1k sqft1480 Salishan St SE #4968602, Salem, OR 97302Off Market
- $574,1008 bd6 ba4k sqft1474 Salishan St SE, Salem, OR 97302Off Market
- $322,4002 bd1 ba1k sqft1554 Salishan St SE, Salem, OR 97302Off Market
Nearby schools
GreatSchools rating
- 8/10Morningside Elementary SchoolGrades: K-5Distance: 0.5 mi
- 5/10Leslie Middle SchoolGrades: 6-8Distance: 0.5 mi
- 5/10South Salem High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Morningside
- 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.
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
$730,000
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
$730,000
- Oregon
- Marion County
- Salem
- 97302
- Morningside
- 1480-1486 Salishan St SE
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Salem Topics
