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$1,650,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 2 days ago

Listed By: BRANDON. WHITEHEAD | Smi Real Estate | (503) 551-8901 | 503-551-8901

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This 10 unit complex was completely renovated in 2017. 100% occupied and attaining solid rents on a good unit mix. In place property management. Assumable financing for a qualified purchaser. Fixed rate at 4.030%. Loan matures in 2032.

Full Property Details for 1348-1366 12th St SE

General

  • Price: $1,650,000
  • Status: Active
  • Type: Multi-Family
  • Source: WVMLS
  • MLS ID: 837402
  • Updated: 2/6/2026
  • Added to Site: 3 day(s) ago

Interior

  • Flooring: Carpet, Laminate, Vinyl

Location

  • County: SOUTHEAST SALEM
  • Complex: 1348-1366 12th St SE
  • Driving Directions: From Mission head South on 12th Street. Property is on the east side of 12th between Wilbur St SE and Howard St SE

Heating & Cooling

  • Heating Type: Electric
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: City
  • Water: City

Structural Information

  • Roof: Composition
  • Square Feet: 5,528
  • Year Built: 1910

Unit Information

  • Units in Building: 10

Lot Features

  • Lot Size (Acres): 0.33
  • Zoning: CG
  • Lot Description: 3 & 4

Financial Considerations

  • Price Per Sq. Ft.: $298.48
  • Price Per Acre: $5,000,000
  • Assessment Year: 1910

Disclosures and Reports

  • Lot Number: 3 & 4

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 1348-1366 12th St SE

School District:Salem-Keizer School District 24j
NameGradesDistance
Bush Elementary School
410 14th Street Southeast, Salem, OR 97301
K-50.6 mi
Leslie Middle School
3850 Pringle Road Southeast, Salem, OR 97302
6-81.7 mi
South Salem High School
1910 Church Street Southeast, Salem, OR 97302
9-120.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1348-1366 12th St SE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/06/2026
Listed
$1,650,000
10%
MLS
8/26/2022
Sold
$1,500,000
—
Public Record
Get Price Alerts and Save Property
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 1348-1366 12th St SE

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,318
3%
$372,740
3%
2023
$7,103
6%
$361,890
6%
2021
$6,707
-3%
$341,120
-3%
2022
$6,904
6%
$351,350
6%
2020
$6,511
7%
$331,190
3%
2019
$6,094
-2%
$321,550
3%
2018
$6,202
18%
$312,190
9%
2017
$5,278
5%
$285,830
3%
2016
$5,028
-1%
$277,510
3%
2015
$5,066
3%
$269,430
3%
2014
$4,902
2%
$261,590
3%
2013
$4,802
—
$253,980
—
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.

Estimate the Cost for 1348-1366 12th St SE

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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Price Reduced near 1348-1366 12th St SE

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5425 Bundy Ave N, Keizer, OR 97303 - Photo 1 Price Reduced
-$8,000 (-1.9%)
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5425 Bundy Ave N  Keizer, OR 97303

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Listed by Paramount Real Estate Services, Denise Busch
8295 Wheatland Rd, Keizer, OR 97303 - Photo 1 Price Reduced
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6683 Brookhollow Ct NE, Keizer, OR 97303 - Photo 1 Price Reduced
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Recent Sales near 1348-1366 12th St SE

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757 Mildred Ln SE, Salem, OR 97306 - Photo 1 Sold
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757 Mildred Ln SE  Salem, OR 97306

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9684 Ankeny Crst Ln S  Salem, OR 97306

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    Sq. Ft.
Listed By: HAMID. KARIMI | Cascade Hasson Sotheby's International Realty
Sold by DONNA. RINALDI | Jmg Jason Mitchell Group

1348-1366 12th St SE, Salem, OR 97302 (MLS# 837402) is a Multi-Family property with 10 units containing 0 bedrooms and 0 full bathrooms. 1348-1366 12th St SE is currently listed for $1,650,000 and was received on February 06, 2026. Want to learn more about 1348-1366 12th St SE? 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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