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$495,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 3 days ago
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Great opportunity for improvement on rents. 1 side vacant, live in one side or rent them both out. Needs some TLC, but units are nice and large.

Full Property Details for 1195 1197 Shipping St NE

General

  • Price: $495,000
  • Taxes: $4,999 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 460285283
  • Updated: 4/9/2026
  • Added to Site: 4 day(s) ago

Rental Information

  • Rent Includes: Heat, Sewer, Water

Parking

  • Garage: Yes
  • Parking Features: Garage

Location

  • County: Marion
  • Driving Directions: N on Market, E on Shipping. cross st is McCoy

School Information

  • Elementary School: Other
  • Middle School: Parrish
  • High School: North Salem

Community

  • Community Name: 176 - Marion Co: East Salem N

Heating & Cooling

  • Heating Type: Baseboard
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Roof: Composition, Shingle
  • Stories/Levels: 2
  • Square Feet: 3,282
  • Year Built: 2004

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Size (Sq. Ft.): 6,098
  • Lot Size: 5, 000 to 6, 999 SqFt
  • Frontage: Paved
  • Lot Features: Public Road

Financial Considerations

  • Tax Amount: $4,999.48
  • Tax Year: 2025
  • Terms: Cash, Conventional, VA Loan

Disclosures and Reports

  • Legal Description: CAPITAL STREET ADDITION, BLOCK 1, LOT 14
  • Disclosures/Reports: Disclosure
  • Property ID: 568614

Listed by John L. Scott Salem (503) 585-0100, Suzie Miller (650) 678-9031

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Listing agent

— 1195 1197 Shipping St NE —

  • Suzie Miller

    John L. Scott Salem

    503-585-0100

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NMLS#: 1598647

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NMLS#: 1598647

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Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1195 1197 Shipping St NE

School District:Salem-Keizer School District 24j
NameGradesDistance
Grant Community School
725 Market Street Northeast, Salem, OR 97301
PK-50.4 mi
Parrish Middle School
802 Capitol Street Northeast, Salem, OR 97301
6-80.5 mi
North Salem High School
765 14th Street Northeast, Salem, OR 97301
9-120.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1195 1197 Shipping St NE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/09/2026
Listed
$495,000
90.38%
MLS
6/28/2006
Sold
$260,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1195 1197 Shipping St NE

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,999
8%
$243,350
3%
2024
$4,639
3%
$236,270
3%
2023
$4,502
6%
$229,390
6%
2021
$4,251
-3%
$216,230
-3%
2022
$4,376
6%
$222,710
6%
2020
$4,127
7%
$209,940
3%
2019
$3,863
-2%
$203,830
3%
2018
$3,931
11%
$197,900
3%
2017
$3,548
5%
$192,140
3%
2016
$3,380
-1%
$186,550
3%
2015
$3,405
3%
$181,120
3%
2014
$3,295
4%
$175,850
3%
2013
$3,178
—
$170,730
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by John L. Scott Salem (503) 585-0100, Suzie Miller (650) 678-9031

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1195 1197 Shipping St NE, Salem, OR 97301 (MLS# 460285283) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 1195 1197 Shipping St NE is currently listed for $495,000 and was received on April 09, 2026. Want to learn more about 1195 1197 Shipping St NE? Do you have questions about finding other Multi-Family real estate for sale in Croisan-Illahe? You can browse all Croisan-Illahe real estate or contact a Coldwell Banker agent to request more information.

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