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$730,000
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Property Description
Well-maintained 4-unit property in a central South Salem location! Features a newer roof and exterior paint, plus stable tenants with long-term rental history. Each spacious 1,024 SF townhome-style unit offers 2 beds, 1.5 baths, private decks, and washer/dryer hookups. Off-street parking adds convenience for residents. Great investment opportunity with solid rental appeal!
Full Property Details
Full Property Details for 1480 Salishan St
General
- Sold For: $730,000
- Taxes: $5,813 (2025)
- Status: Sold
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 355020379
- Added to Site: 119 day(s) ago
Rental Information
- Rent Includes: None
Location
- County: Marion
- Driving Directions: Pringle Rd SE
School Information
- Midd School District: Leslie
- Elementary School: Morningside
- Middle School: Leslie
- High School: South Salem
Community
- Community Name: 173 - Marion Co: Southeast Salem
Heating & Cooling
- Cooling Type: Other
- Heating Type: Other
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 4,096
- Year Built: 1977
- Property Condition: Approximately
Lot Features
- Lot Size: 7, 000 to 9, 999 SqFt
Financial Considerations
- Tax Amount: $5,813.49
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Property ID: 580352
Listed by SMI Commercial Real Estate LLC (503) 390-6060, Jordan Sparks (541) 646-0650
Sold by Non Rmls Broker (503) 236-7657, OR and WA Non Rmls
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Schools
Schools serving 1480 Salishan St
School District:Salem-Keizer School District 24j
| Name | Grades | Distance |
|---|---|---|
Morningside Elementary School 3513 12th Street Southeast, Salem, OR 97302 | K-5 | 0.5 mi |
Leslie Middle School 3850 Pringle Road Southeast, Salem, OR 97302 | 6-8 | 0.5 mi |
South Salem High School 1910 Church Street Southeast, Salem, OR 97302 | 9-12 | 1.3 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 1480 Salishan St
Date
Details
Price
Change
Source
6/18/2026
Sold
$730,000
-2.65%
MLS
3/10/2026
Listed
$749,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1480 Salishan St, Salem, OR 97302 (MLS# 355020379) is a Multi-Family property that was sold at $730,000 on June 18, 2026. Want to learn more about 1480 Salishan 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.

