Date
Details
Price
Change
Source
11/24/2025
Listed
$495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/4
$495,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/4
Property Description
South Salem studio 5-plex with long-term, month to month Tenants, all at below market rent. Seller is willing to provide a roof credit at the time of closing.
Full Property Details
Full Property Details for 1340-1354 Lee St
General
- Price: $495,000
- Taxes: $2,288
- Status: Active
- Type: Multi-Family
- Source: WVMLS
- MLS ID: 840914
- Updated: 5/11/2026
- Added to Site: 186 day(s) ago
Interior
- Flooring: Vinyl
Location
- County: SOUTHEAST SALEM
Heating & Cooling
- Heating Type: Electric
- Heating Fuel: Electric
- Water Heater: Gas
Utilities
- Water: City
- # Electric Meters: 306
Structural Information
- Roof: Composition
- Square Feet: 1,624
- Below Ground: 3,000 Sq. Ft.
- Year Built: 1942
Unit Information
- Units in Building: 5
Unit 1
- Square Feet: 308
- Total Bathrooms: 1
Unit 2
- Square Feet: 308
- Total Bathrooms: 1
Unit 3
- Square Feet: 308
- Total Bathrooms: 1
Unit 4
- Square Feet: 308
- Total Bathrooms: 1
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 308
- Frontage Feet: 308
- Zoning: CO
Financial Considerations
- Price Per Sq. Ft.: $304.8
- Price Per Acre: $3,093,750
- Assessment Year: 1942
- Tax Amount: $2,288
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
NMLS#: 1598647
Get Pre-Approved Today
Get a Great Insurance Rate
Price & Sales History for 1340-1354 Lee St
Tax History
Tax History for 1340-1354 Lee St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$344
8%
$16,730
3%
2024
$319
3%
$16,250
3%
2023
$310
6%
$15,780
6%
2021
$293
-3%
$14,890
-3%
2022
$301
6%
$15,330
6%
2020
$284
7%
$14,460
3%
2019
$266
-2%
$14,040
3%
2018
$271
11%
$13,640
3%
2017
$245
5%
$13,250
3%
2016
$233
-1%
$12,870
3%
2015
$235
3%
$12,500
3%
2014
$228
2%
$12,140
3%
2013
$223
—
$11,790
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1340-1354 Lee St
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Commercial Lease
- Active
- Updated 2 days ago
Listed By: ELESA. DOLL | Smi Real Estate and KASSANDRA. BRUHN | Smi Real Estate
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,538Sq. Ft.
Listed By: HANNAH. FOUTS-SPARKS | Smi Real Estate and JORDAN. SPARKS | Smi Real Estate
- Single Family
- Active
- Updated 6 days ago
- 4Beds
- 3Total Baths
- 2,145Sq. Ft.
Listed By: MATT. MAHONEY | Homestar Brokers and JENNIFER. LARSON | Homestar Brokers
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,593Sq. Ft.
Listed by Keller Williams Realty Portland Premiere, Nicholas Wilson and Keller Williams Realty Portland Premiere, Barbara Carbone
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- Updated 18 hours ago
- 4Beds
- 2Total Baths
- 2,063Sq. Ft.
Listed By: HEATHER. RAMM-GRAMENZ | Berkshire Hathaway Homeservices R E Prof
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,863Sq. Ft.
Listed By: KATY. ROSECRANS | Smi Real Estate
- Single Family
- Active
- Updated 18 hours ago
- 3Beds
- 2Total Baths
- 1,341Sq. Ft.
Listed by HomeSmart Realty Group, Linda Clemente
- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 3Total Baths
- 3,016Sq. Ft.
Listed by HomeSmart Realty Group, Troy Renshaw
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Duplex
- Closed
- 4Beds
- 2Total Baths
- 1,452Sq. Ft.
Listed By: JOSE. GONZALEZ | Tu Casa Corporation
Sold by ISAIAH. HISER | Exp Realty, Llc
Sold by ISAIAH. HISER | Exp Realty, Llc
- Single Family
- Closed
- 3Beds
- 2Total Baths
- 1,631Sq. Ft.
Listed By: BRIDGET. WELBORN | Homesmart Realty Group
Sold by FELICIA. COBB | Realty One Group Willamette Valley
Sold by FELICIA. COBB | Realty One Group Willamette Valley
- Single Family
- Closed
- 3Beds
- 2Total Baths
- 1,340Sq. Ft.
Listed By: CHUCK. SKILLERN | Harvey Realty Group Inc
Sold by CATHERINA. KNOWLAND | Coldwell Banker Mountain West Real Estate, Inc.
Sold by CATHERINA. KNOWLAND | Coldwell Banker Mountain West Real Estate, Inc.
- Single Family
- Closed
- 3Beds
- 3Total Baths
- 1,752Sq. Ft.
Listed By: CHARLOTTE. EUGENIO | Realty One Group Willamette Valley
Sold by BRIDGET. WELBORN | Homesmart Realty Group
Sold by BRIDGET. WELBORN | Homesmart Realty Group
1340-1354 Lee St, Salem, OR 97302 (MLS# 840914) is a Multi-Family property with 5 units containing 0 bedrooms and 0 full bathrooms. 1340-1354 Lee St is currently listed for $495,000 and was received on November 24, 2025. Want to learn more about 1340-1354 Lee 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.