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$580,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
  • Updated 11 days ago
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Tons of value in this Salem 4 plex! Two separate buildings - the front building is a nicely converted, classic bungalow, with three units. The back building is a stand-alone 2 bed/1 bath house. Main building features a 2 bedroom/1 bath unit, an upstairs studio, and a 1 bedroom unit at the rear of the home. Stand alone house boasts 2 bedrooms, 1 bath, and enjoys a quiet, private setting. Fully rented! Lots of interior updates in 2021, newer Hardi siding on the front house, tons of parking for tenants and a wonderful central location, close to Willamette University, and all the best of downtown Salem. This is a solid rental with lots of potential!

Full Property Details for 1385 Hines St

General

  • Price: $580,000
  • Taxes: $3,471 (2025)
  • Status: Pending
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 787729274
  • Updated: 8/17/2026
  • Added to Site: 35 day(s) ago

Rental Information

  • Rent Includes: Sewer, Trash Collection, Water

Parking

  • Total Spaces: 7
  • Parking Features: Open

Location

  • County: Marion
  • Driving Directions: Mission to Hines SE

School Information

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

Community

  • Community Name: 173 - Marion Co: Southeast Salem

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Roof: Composition
  • Square Feet: 2,525
  • Year Built: 1920

Lot Features

  • Lot Size (Acres): 0.29
  • Lot Size (Sq. Ft.): 12,632
  • Lot Size: 10, 000 to 14, 999 SqFt
  • Frontage: Paved
  • Lot Features: Level

Financial Considerations

  • Operating Expenses: $18,685
  • Tax Amount: $3,471.01
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Legal Description: DEPOT ADDITION, BLOCK 27, LOT 1, 2 & FR VAC ST, ACRES 0.29
  • Disclosures/Reports: Disclosure
  • Property ID: 571138

Listed by John L. Scott Portland South (503) 303-7103, Tom Ramsey (503) 481-0501

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Listing agent

— 1385 Hines St —

  • Tom Ramsey

    John L. Scott Portland South

    503-303-7103

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NMLS#: 1598647

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

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NMLS#: 1598647

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Request a Quote

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

Schools serving 1385 Hines St

School District:Salem-Keizer School District 24j
NameGradesDistance
Bush Elementary School
410 14th Street Southeast, Salem, OR 97301
K-50.4 mi
Leslie Middle School
3850 Pringle Road Southeast, Salem, OR 97302
6-81.9 mi
South Salem High School
1910 Church Street Southeast, Salem, OR 97302
9-120.7 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 1385 Hines St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/25/2026
Listed
$580,000
7.41%
MLS
6/01/2021
Sold
$540,000
—
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 1385 Hines St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,471
8%
$168,950
3%
2024
$3,221
3%
$164,030
3%
2023
$3,126
6%
$159,260
6%
2021
$2,952
-3%
$150,130
-3%
2022
$3,038
6%
$154,630
6%
2020
$2,866
7%
$145,760
3%
2019
$2,682
-2%
$141,520
3%
2018
$2,729
11%
$137,400
3%
2017
$2,464
5%
$133,400
3%
2016
$2,347
-1%
$129,520
3%
2015
$2,364
3%
$125,750
3%
2014
$2,288
9%
$122,090
6%
2013
$2,108
—
$115,450
—
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 Portland South (503) 303-7103, Tom Ramsey (503) 481-0501

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1385 Hines St, Salem, OR 97302 (MLS# 787729274) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1385 Hines St is currently listed for $580,000 and was received on July 25, 2026. Want to learn more about 1385 Hines 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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