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$1,125,000 Just Listed
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Property Description
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. This is turn-key & ready to go. This 4-plex is brand new construction & has not been lived in. Yet!
Full Property Details
Full Property Details for 1380 Saginaw St S
General
- Price: $1,125,000
- Taxes: $4,517 (2025)
- Status: Active
- Type: Multi-Family
- Source: WVMLS
- MLS ID: 841272
- Updated: 5/20/2026
- Added to Site: 1 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.: $360.58
- Price Per Acre: $6,617,647.06
- Assessment Year: 2026
- Assessment Amount: $75
- Tax Amount: $4,517
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 5
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Schools
Schools serving 1380 Saginaw St S
School District:Salem-Keizer School District 24j
| Name | Grades | Distance |
|---|---|---|
Mckinley Elementary School, Salem, OR 466 McGilchrist Street Southeast, Salem, OR 97302 | K-5 | 0.7 mi |
Leslie Middle School 3850 Pringle Road Southeast, Salem, OR 97302 | 6-8 | 2.2 mi |
South Salem High School 1910 Church Street Southeast, Salem, OR 97302 | 9-12 | 0.5 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
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.
Tax History
Tax History for 1380 Saginaw St S
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,238
—
$216,830
244%
2024
$1,238
-59%
$63,070
-59%
2023
$3,049
6%
$155,340
6%
2021
$2,879
-3%
$146,430
-3%
2022
$2,964
6%
$150,820
6%
2020
$2,795
7%
$142,170
3%
2019
$2,616
-2%
$138,030
3%
2018
$2,662
11%
$134,010
3%
2017
$2,403
5%
$130,110
3%
2016
$2,289
-1%
$126,330
3%
2015
$2,306
3%
$122,660
3%
2014
$2,232
2%
$119,090
3%
2013
$2,186
—
$115,630
—
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 1380 Saginaw St S
1380 Saginaw St S, Salem, OR 97302 (MLS# 841272) is a Multi-Family property with 4 units containing 6 bedrooms and 0 full bathrooms. 1380 Saginaw St S is currently listed for $1,125,000 and was received on May 20, 2026. Want to learn more about 1380 Saginaw St S? 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.

