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$499,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 35 minutes ago
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Great income opportunity or live in one side. 1 long term tenant, 1 side vacant. New exterior paint and interior in vacant unit, new flooring, ready to move right in.

Full Property Details for 1195 1197 Shipping St

General

  • Price: $499,000
  • Taxes: $4,999 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 613455830
  • Updated: 5/8/2026
  • Added to Site: 2 day(s) ago

Rental Information

  • Rent Includes: Sewer, Water

Parking

  • Garage: Yes
  • Total Spaces: 4
  • Parking Features: Garage

Location

  • County: Marion
  • Driving Directions: from Winter St. south on Shipping

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: Wall Heater
  • 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

Financial Considerations

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

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 —

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

Schools serving 1195 1197 Shipping St

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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/06/2026
Listed
$499,000
91.92%
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

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,639
—
$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, Salem, OR 97301 (MLS# 613455830) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 1195 1197 Shipping St is currently listed for $499,000 and was received on May 06, 2026. Want to learn more about 1195 1197 Shipping St? Do you have questions about finding other Multi-Family real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.

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