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Sold for $375,000
    • Listed by: Smi Real Estate • SABRINA JAMES • Contact: 971-218-9349
    Bought with: Homesmart Realty Group
    $375,000

    1940 Church St NE, Salem, OR 97301

    4beds
    2baths
    1,200sqft
    Duplex
    Built in 1926
    -- sqft lot
    $375,800 Zestimate®
    $313/sqft
    $1,535 Estimated rent

    Home value

    $375,800

    $353,000 - $398,000

    $1,535/mo

    Zestimate® history
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    What's special

    Can't be missed investment opportunity! Available 4.5% rate! This property offers two homes on one lot with strong rental income. The main house features 3 bedrooms and is currently rented for $1,925/month. Recently renovated with newer laminate flooring, updated cabinets and counters, modern appliances, upgraded windows, and an updated electrical panel. The charming studio cottage brings in an additional $1,125/month, providing excellent flexibility as a rental, guest space, or private office.

    Zillow last checked:

    Listing updated:

    Listed by:

    SABRINA JAMES 971-218-9349,

    Smi Real Estate,

    DANIEL MCKINNEY,

    Smi Real Estate

    Bought with:

    HEATHER RAUH

    Homesmart Realty Group

    Source: WVMLS,MLS#: 834295MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Dining room
    • Features: Area (Combination)
    Heating
    • Electric
    Appliances
    • Included: Dishwasher, Disposal, Electric Range, Electric Water Heater
    • Laundry: W/D Hookup
    Features
    • Flooring: Laminate
    • Has fireplace: No
    Interior area
    • Total structure area: 1,200
    • Total interior livable area: 1,200 sqft

    Property

    Features
    • Fencing: Fenced
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 6,012 Square Feet
    • Features: Irregular Lot
    Details
    • Parcel number: 569912
    • Zoning: RS

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Wood Siding
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1926

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Clark & Meyers Addition
    HOA
    • Has HOA: No
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $313/sqft
    • Tax assessed value: $303,950
    • Annual tax amount: $2,164
    • Price range: $375K - $375K
    • Date on market: 10/6/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Land Sales Contract,FHA,VA Loan,Cash,Assumable,Conventional
    • Exclusions: Tenant belongings
    • Total actual rent: 3050

    Price history

    DateEventPrice
    4/28/2026Listing removed$2,100$2/sqft
    Source: Zillow Rentals Report a problem
    3/29/2026Price change$2,100-2.3%$2/sqft
    Source: Zillow Rentals Report a problem
    3/3/2026Price change$2,150+7.5%$2/sqft
    Source: Zillow Rentals Report a problem
    2/26/2026Listed for rent$2,000+8.1%$2/sqft
    Source: Zillow Rentals Report a problem
    2/17/2026Sold$375,000-15.7%$313/sqft
    Source: WVMLS #834295 Report a problem
    12/15/2025Pending sale$445,000$371/sqft
    Source: WVMLS #834295 Report a problem
    10/6/2025Listed for sale$445,000+83.9%$371/sqft
    Source: WVMLS #834295 Report a problem
    12/21/2023Listing removed--
    Source: Zillow Rentals Report a problem
    12/18/2023Listed for rent$1,850+2.8%$2/sqft
    Source: Zillow Rentals Report a problem
    10/13/2023Listing removed--
    Source: Zillow Rentals Report a problem
    10/12/2023Price change$1,800-5.3%$2/sqft
    Source: Zillow Rentals Report a problem
    10/4/2023Listed for rent$1,900+5.6%$2/sqft
    Source: Zillow Rentals Report a problem
    4/27/2023Listing removed--
    Source: Zillow Rentals Report a problem
    4/24/2023Listed for rent$1,800+80%$2/sqft
    Source: Zillow Rentals Report a problem
    1/15/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    1/10/2022Listed for rent$1,000$1/sqft
    Source: Zillow Rental Manager Report a problem
    5/11/2020Sold$242,000-6.9%$202/sqft
    Source: RMLS (OR) #20326341 Report a problem
    4/3/2020Pending sale$259,900$217/sqft
    Source: Berkshire Hathaway HomeServices Real Estate Professionals #20326341 Report a problem
    3/30/2020Price change$259,900+4%$217/sqft
    Source: Berkshire Hathaway HomeServices Real Estate Professionals #20326341 Report a problem
    3/25/2020Listed for sale$249,900$208/sqft
    Source: Berkshire Hathaway HomeServices Real Estate Professionals #20326341 Report a problem
    3/25/2020Pending sale$249,900$208/sqft
    Source: Berkshire Hathaway HomeServices Real Estate Professionals #20326341 Report a problem
    3/21/2020Price change$249,900-5.7%$208/sqft
    Source: Berkshire Hathaway HomeServices Real Estate Professionals #20326341 Report a problem
    3/14/2020Pending sale$264,900$221/sqft
    Source: Berkshire Hathaway HomeServices Real Estate Professionals #20326341 Report a problem
    3/13/2020Listed for sale$264,900$221/sqft
    Source: Berkshire Hathaway HomeServices Real Estate Professionals #20326341 Report a problem
    3/13/2020Pending sale$264,900$221/sqft
    Source: Berkshire Hathaway HomeServices Real Estate Professionals #20326341 Report a problem
    2/29/2020Listed for sale$264,900+13.4%$221/sqft
    Source: BERKSHIRE HATHAWAY HOMESERVICES R E PROF #760733 Report a problem
    2/27/2019Sold$233,500+6.4%$195/sqft
    Source: Public Record Report a problem
    11/30/2018Sold$219,400+78.4%$183/sqft
    Source: Public Record Report a problem
    5/12/2006Sold$122,967+53.7%$102/sqft
    Source: Public Record Report a problem
    12/27/2001Sold$80,000$67/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,333 +7.8%$113,550 +3%
    2024$2,165 +3%$110,250 +6.1%
    2023$2,101 +2.9%$103,930
    2022$2,042 +2.9%$103,930 +3%
    2021$1,984 +3%$100,910 +6.1%
    2020$1,926 +3.6%$95,130
    2019$1,859 +1.3%--
    2018$1,835 --
    2017$1,835 +16.3%--
    2016$1,577 --
    2015$1,577 +2.6%--
    2014$1,538 +4.6%--
    2013$1,470 --
    2012$1,470 +4.5%--
    2011$1,407 +4.2%$75,110 +6.1%
    2010$1,349 +1.1%$70,810
    2009$1,334 +6%$70,810 +3%
    2008$1,259 +3.3%$68,750
    2007$1,219 +1.7%--
    2006$1,199 +2%--
    2005$1,176 -0.4%--
    2004$1,181 +4.8%--
    2003$1,126 +2.5%--
    2002$1,099 +3.1%--
    2001$1,066 +3.2%--
    2000$1,033 --
    Find assessor info on the county website

    Neighborhood: Highland

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Highland
    • Middle: Waldo
    • High: North 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
    $375,800
    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
    $375,800

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