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$982,000

  • Sold
  • Closed
  • Multi-Family
  • 6 Total Beds

Listed By: GEORGE. GRABENHORST | Capacity Commerical Group Llc | (503) 559-9397
Sold by MONICA M.. DORRIS | Homestead Real Estate | Cell: 503-559-9397

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Completed, Brand - new 4 - plex in a close in South Salem location. Walk or easy access to downtown, Bush Park, Best Little Roadhouse, & Public Transportation. Wonderful amenities including all appliances community garden area. This is an ideal acquisition for an investor looking for a potential strong cash flow & long-term appreciation. Saginaw property unit rented. All 4 units are rented which gives a buyer a very good income stream. Both 2 bed/2 bath units are rented at $1800/month, and

Full Property Details for 1380 Saginaw St S

General

  • Sold For: $982,000
  • Taxes: $4,517 (2025)
  • Status: Closed
  • Type: Multi-Family
  • Source: WVMLS
  • MLS ID: 841272
  • Added to Site: 147 day(s) ago

Interior

  • Flooring: Carpet, Laminate

Rooms

Bathrooms

  • Total Bathrooms: 6

Bedrooms

  • Total Bedrooms: 6

Exterior

  • Color: Gray

Location

  • County: SOUTH SALEM
  • Subdivision: Southwest Addition
  • Driving Directions: Northeast corner of Myers St. & Saginaw

School Information

  • Elementary School: McKinley
  • Middle School: Leslie
  • High School: South Salem

Heating & Cooling

  • Heating Type: Electric, Ductless/Mini-Split
  • Heating Fuel: Electric, Ductless/Mini-Split
  • Water Heater: Electric

Utilities

  • Sewer: City
  • Water: City, Connected

Structural Information

  • Roof: Composition
  • Square Feet: 3,120
  • Year Built: 2026

Unit Information

  • Units in Building: 4

Unit 1

  • Square Feet: 842
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 2

  • Square Feet: 842
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 3

  • Square Feet: 718
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Square Feet: 718
  • Level: Ticor
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 5

  • Square Feet: 2

Unit 6

  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.17
  • Lot Size (Sq. Ft.): 718
  • Frontage Feet: 842
  • Zoning: RM-2
  • Lot Description: 5

Financial Considerations

  • Price Per Sq. Ft.: $314.74
  • Price Per Acre: $5,823,529.41
  • Assessment Year: 2026
  • Assessment Amount: $75
  • Tax Amount: $4,517
  • Tax Year: 2025

Disclosures and Reports

  • Lot Number: 5

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NMLS#: 1598647

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Schools serving 1380 Saginaw St S

School District:Salem-Keizer School District 24j
NameGradesDistance
Mckinley Elementary School, Salem, OR
466 McGilchrist Street Southeast, Salem, OR 97302
K-50.7 mi
Leslie Middle School
3850 Pringle Road Southeast, Salem, OR 97302
6-82.2 mi
South Salem High School
1910 Church Street Southeast, Salem, OR 97302
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 1380 Saginaw St S

Date
Details
Price
Change
Source
9/16/2026
Sold
$982,000
-0.81%
MLS
8/10/2026
Price Reduced
$990,000
-5.71%
MLS
7/10/2026
Price Reduced
$1,050,000
-6.67%
MLS
5/20/2026
Listed
$1,125,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Just Listed near 1380 Saginaw St S

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6695 McLeod Ln NE, Keizer, OR 97303 - Photo 1 Just Listed
$530,000

6695 McLeod Ln NE  Keizer, OR 97303

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  • Active
  • Updated 2 days ago
  • 4
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  • 2,282
    Sq. Ft.
Listed by Realty One Group Willamette Valley, Felicia Cobb
1201 Dearborn Ave NE, Keizer, OR 97303 - Photo 1 Just Listed
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1201 Dearborn Ave NE  Keizer, OR 97303

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  • 2
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  • 1,497
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Listed By: DAVID. GONZALEZ | Sundance Realty Llc
720 Ventura St N, Keizer, OR 97303 - Photo 1 Just Listed
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720 Ventura St N  Keizer, OR 97303

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Listed By: BRIAN. MCVAY | Homesmart Realty Group - Keizer and APRIL. MCVAY | Homesmart Realty Group - Keizer
1819 Kephart Ct NE, Keizer, OR 97303 - Photo 1 Just Listed
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1819 Kephart Ct NE  Keizer, OR 97303

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  • Updated 5 days ago
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Listed By: BEAU. CRAIG | Real Broker

Price Reduced near 1380 Saginaw St S

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1123 Jays Dr, Keizer, OR 97303 - Photo 1 Price Reduced
-$54,900 (-5.78%)
$895,000
Open House

1123 Jays Dr  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 2 days ago
  • 6
    Beds
  • 3
    Total Baths
  • 2,828
    Sq. Ft.
Listed by Rocha Realty LLC, Mayra Flor Rocha
6137 Hogan Dr, Keizer, OR 97303 - Photo 1 Price Reduced
-$5,000 (-0.76%)
$649,900

6137 Hogan Dr  Keizer, OR 97303

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  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,998
    Sq. Ft.
Listed by HomeSmart Realty Group, Bob Shackelford
5090 Windsor Island Rd N, Keizer, OR 97303 - Photo 1 Price Reduced
-$20,000 (-5.71%)
$330,000

5090 Windsor Island Rd N  Keizer, OR 97303

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  • Updated 16 minutes ago
  • 3
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  • 1
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  • 1,202
    Sq. Ft.
Listed by eXp Realty, LLC, Angela Groves
660 Snead Dr N, Keizer, OR 97303 - Photo 1 Price Reduced
-$10,100 (-1.44%)
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660 Snead Dr N  Keizer, OR 97303

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  • Active
  • Updated 5 days ago
  • 4
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  • 3
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  • 2,677
    Sq. Ft.
Listed By: MATT. MAHONEY | Homestar Brokers

Recent Sales near 1380 Saginaw St S

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3382 Doughton St S, Salem, OR 97302 - Photo 1 Sold
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3382 Doughton St S  Salem, OR 97302

  • Single Family
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  • 3
    Beds
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    Total Baths
  • 2,702
    Sq. Ft.
Listed By: OKSANA G. FOKSHA | Homestar Brokers
Sold by GINGER. PAGE | Homestar Brokers
3388 Doughton St S, Salem, OR 97302 - Photo 1 Sold
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3388 Doughton St S  Salem, OR 97302

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    Sq. Ft.
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Sold by GINGER. PAGE | Homestar Brokers
2585 &amp 2595 Lee St SE, Salem, OR 97301 - Photo 1 Sold
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2585 & 2595 Lee St SE  Salem, OR 97301

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Listed By: BENJAMIN. OROZCO | Fcre Home and JOSHUA. KAY | First Commercial Real Estate
Sold by SHANE. MATTHEWS | Homestar Brokers
670 Palisades Dr SE, Salem, OR 97302 - Photo 1 Sold
$950,000

670 Palisades Dr SE  Salem, OR 97302

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  • Closed
  • 5
    Beds
  • 3
    Total Baths
  • 3,357
    Sq. Ft.
Listed By: KELLY. SWIFT | Windermere Heritage
Sold by PATTI. WILLIAMSON | Windermere Heritage

1380 Saginaw St S, Salem, OR 97302 (MLS# 841272) is a Multi-Family property that was sold at $982,000 on September 16, 2026. Want to learn more about 1380 Saginaw St S? 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.