Recently Viewed Properties
See This Home
Save This Listing
Close

$799,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 5 hours ago
See This Home
Save This Home
See This Home
Save This Home
Where can you find a primary home with an investment component? ADU and Airbnb potential. Rare opportunity to own your own home and rent one side out for cash flow or have multi family living on this big duplex-8 bedrooms and 6 bathrooms. Come see how wonderful the layout is. Nearby is Salem hospital, state capital, restaurants, Bush Park, Willamette University, and Tokyo University. Seller is a licensed realtor in Oregon. Duplex property with addresses 1525-1535 Lee St SE. Units are occupied so please call to schedule showing. Must be pre approved before showing. Seller would like to rent back so loan will have instant renter income for easier financing.

Full Property Details for 1525 SE Lee St

General

  • Price: $799,000
  • Taxes: $6,955 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 394892498
  • Updated: Today (5/8/2026)
  • Added to Site: Today

Rental Information

  • Rent Includes: None

Parking

  • Garage: Yes
  • Total Spaces: 2
  • Parking Features: Driveway, Off Street

Location

  • County: Marion
  • Driving Directions: Corner of Lee St SE & 15th St SE

School Information

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

Community

  • Community Name: 173 - Marion Co: Southeast Salem

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Mini Split
  • Heating Type: Forced Air
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Basement Desc.: Crawl Space
  • Roof: Composition
  • Stories/Levels: 2
  • Square Feet: 4,262
  • Year Built: 2019
  • Property Condition: Existing

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Size (Sq. Ft.): 6,098
  • Lot Size: 5, 000 to 6, 999 SqFt
  • Frontage: Paved
  • Lot Features: Level, Public Road

Financial Considerations

  • Tax Amount: $6,955.98
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA

Disclosures and Reports

  • Legal Description: DEPOT ADD SALEM LOT 1 BLK 11
  • Disclosures/Reports: Disclosure
  • Property ID: 571032

Listed by MORE Realty (503) 353-6673, Katy Zhu (503) 806-9384

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 1525 SE Lee St —

  • Katy Zhu

    MORE Realty

    503-353-6673

503-806-9384

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Get a Great Insurance Rate

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

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

Schools serving 1525 SE Lee St

School District:Salem-Keizer School District 24j
NameGradesDistance
Bush Elementary School
410 14th Street Southeast, Salem, OR 97301
K-50.3 mi
Leslie Middle School
3850 Pringle Road Southeast, Salem, OR 97302
6-82 mi
South Salem High School
1910 Church Street Southeast, Salem, OR 97302
9-120.8 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 1525 SE Lee St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/08/2026
Listed
$799,000
51.33%
MLS
11/02/2020
Sold
$528,000
—
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 1525 SE Lee St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,956
8%
$338,580
3%
2024
$6,454
3%
$328,720
3%
2023
$6,264
6%
$319,150
6%
2021
$5,915
-3%
$300,840
-3%
2022
$6,089
9%
$309,860
9%
2020
$5,570
722%
$283,300
692%
2019
$678
-17%
$35,770
-13%
2018
$815
-35%
$41,040
-39%
2017
$1,247
5%
$67,520
3%
2016
$1,188
-1%
$65,560
3%
2015
$1,197
3%
$63,660
3%
2014
$1,158
3%
$61,810
3%
2013
$1,126
—
$60,010
—
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 1525 SE Lee St

$
Down Payment
%
$
%

$
$

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by MORE Realty (503) 353-6673, Katy Zhu (503) 806-9384

Just Listed near 1525 SE Lee St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1397 Stonefield Pl N, Keizer, OR 97303 - Photo 1 Just Listed
$130,000

1397 Stonefield Pl N  #61  Keizer, OR 97303

  • Manufactured Home
  • Active
  • Updated 22 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,080
    Sq. Ft.
Listed By: OBED. MOLINA | Tu Casa Corporation
6467 Tepper Park Way NE, Keizer, OR 97303 - Photo 1 Just Listed
$155,000

6467 Tepper Park Way NE  #24  Keizer, OR 97303

  • Manufactured Home
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,512
    Sq. Ft.
Listed By: LUPITA. GARCIA ROJAS | Realty One Group Willamette Valley
224-226 Stark St N, Keizer, OR 97303 - Photo 1 Just Listed
$350,000

224-226 Stark St N  Keizer, OR 97303

  • Duplex
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 960
    Sq. Ft.
Listed By: TANNER. MORGAN | First Commercial Real Estate
507 Lakefair Pl N, Keizer, OR 97303 - Photo 1 Just Listed
$530,000

507 Lakefair Pl N  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 16 hours ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,485
    Sq. Ft.
Listed By: ERIN. SHAW | Homestar Brokers

Price Reduced near 1525 SE Lee St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

7066 Ridgemont Dr N, Keizer, OR 97303 - Photo 1 Price Reduced
-$7,500 (-1.39%)
$532,500

7066 Ridgemont Dr N  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 2 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 2,063
    Sq. Ft.
Listed By: HEATHER. RAMM-GRAMENZ | Berkshire Hathaway Homeservices R E Prof
2009 Flag Stone Ct NE, Keizer, OR 97303 - Photo 1 Price Reduced
-$15,000 (-2.59%)
$565,000

2009 Flag Stone Ct NE  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 3 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,634
    Sq. Ft.
Listed By: SARAH. NOELLE | Exp Realty, Llc
1660 Sieburg St NE, Keizer, OR 97303 - Photo 1 Price Reduced
-$19,100 (-4.56%)
$399,900

1660 Sieburg St NE  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,479
    Sq. Ft.
Listed By: DESAREE. PARKS | Realty One Group Willamette Valley Stayton
5355 River Rd N, Keizer, OR 97303 - Photo 1 Price Reduced
-$10,000 (-9.1%)
$99,900
Open House

5355 River Rd N  #60  Keizer, OR 97303

  • Manufactured Home
  • Active
  • Updated 2 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,344
    Sq. Ft.
Listed by HomeSmart Realty Group, Bethany Reeves

Recent Sales near 1525 SE Lee St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1483-1493 Salishan St SE, Salem, OR 97302 - Photo 1 Sold
$685,000

1483-1493 Salishan St SE  Salem, OR 97302

  • Multi-Family
  • Closed
  • 9
    Total Beds
Listed By: LEVI J. WILSON | Ned Baker Real Estate
Sold by ERIC. FISKUM | Re/Max Integrity - Salem
2220 High St SE, Salem, OR 97302 - Photo 1 Sold
$745,000

2220 High St SE  Salem, OR 97302

  • Single Family
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 3,428
    Sq. Ft.
Listed By: ERIC. FISKUM | Re/Max Integrity - Salem
Sold by AMY D. PRICE | Bst Realty, Llc
923-945 Fir St S, Salem, OR 97302 - Photo 1 Sold
$715,000

923-945 Fir St S  Salem, OR 97302

  • Multi-Family
  • Closed
  • 7
    Total Beds
Listed By: MATT. KILLEN | Crown Real Estate Group
Sold by NOM. NON-MEMBER SALE | Non-Member Sale
4072 Dornach Ln, Salem, OR 97302 - Photo 1 Sold
$878,131

4072 Dornach Ln  Salem, OR 97302

  • Single Family
  • Sold
  • 2
    Beds
  • 2
    Total Baths
  • 2,129
    Sq. Ft.
Listed by HomeSmart Realty Group, Eve Olsen
Sold by Non Rmls Broker, OR and WA Non Rmls

1525 SE Lee St, Salem, OR 97302 (MLS# 394892498) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 1525 SE Lee St is currently listed for $799,000 and was received on May 08, 2026. Want to learn more about 1525 SE Lee St? 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.

Tour this property