Under contract

Listed by: First Commercial Real Estate • TANNER MORGAN • Contact: 503-884-9226

$350,000

224-226 Stark St N, Salem, OR 97303

3beds

2baths

960sqft

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Duplex

Built in 1949

-- sqft lot

$343,900 Zestimate^®

$365/sqft

$-- HOA

What's special

Two detached single-level homesSmall detached garageOversized lot

Accepted Offer with Contingencies. This 0.28-acre property offers a strong investment opportunity with two detached, single-level homes with separate addresses on an oversized lot, with potential to partition. An excellent infill development play for a first-time investor or anyone looking to add to their portfolio. Both units are currently occupied on month-to-month leases. Unit 224 is 480 SF with 2 bedrooms and 1 bath. Unit 226 is a 1-bedroom, 1-bath with a small detached garage.

76 days

29

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2

Features

Has fireplace: No

Interior area

Total structure area: 960
Total interior livable area: 960 sqft

Property

Parking

Parking features: Shard driveway, Shared driveway, det gar

Lot

Size: 0.28 Acres
Features: Landscaped

Details

Zoning: RS

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Materials

Stucco
Roof: Composition,Shingle

Condition

New construction: No
Year built: 1949

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Water Connected

Community & HOA

HOA

Has HOA: No

Location

Region: Salem

Financial & listing details

Price per square foot: $365/sqft
Price range: $350K - $350K
Date on market: 5/5/2026
Listing agreement: Exclusive Right To Sell
Listing terms: FHA,Cash,Conventional,1031 Exchange

Estimated market value

$343,900

$327,000 - $361,000

$1,811/mo

Price history

Date	Event	Price
6/3/2026	Contingent	$350,000$365/sqft
Source: WVMLS #840630 Report a problem
5/5/2026	Listed for sale	$350,000$365/sqft
Source: WVMLS #840630 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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