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$350,000
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Property Description
Duplex w/ massive potential for sale in downtown Salem. Excellent investment opportunity producing steady income, set along scenic Mill Creek, the partially fenced yard creates a unique urban waterfront setting rarely found in the downtown core. Located near restaurants, shops, government offices & ongoing redevelopment projects, property offers strong long-term upside in one of Salem's evolving central districts. You can own this versatile property blending historic appeal, location & future potential.
Full Property Details
Full Property Details for 2328 State St
General
- Price: $350,000
- Taxes: $3,747 (2025)
- Status: Active
- Type: Duplex
- Source: WVMLS
- MLS ID: 840111
- Updated: 6/4/2026
- Added to Site: 47 day(s) ago
Interior
- Flooring: Carpet, Laminate, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Location
- County: CENTRAL SALEM
- Driving Directions: From 13th St SE, Keep right tostay on 13th St SE Continue onto 12th St SE then right onState St.
Heating & Cooling
- Heating Type: Baseboard
- Heating Fuel: Baseboard
- Water Heater: Electric
Utilities
- Water: City
Structural Information
- Basement Desc.: Partial
- Roof: Composition
- Square Feet: 2,892
- Year Built: 1913
Unit Information
- Units in Building: 2
Unit 4
- Level: Ticor
Lot Features
- Lot Size (Acres): 0.09
- Zoning: RM2
Financial Considerations
- Price Per Sq. Ft.: $121.02
- Price Per Acre: $3,888,888.89
- Assessment Year: 1913
- Tax Amount: $3,747
- Tax Year: 2025
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Schools
Schools serving 2328 State St
School District:Salem-Keizer School District 24j
| Name | Grades | Distance |
|---|---|---|
Richmond Elementary School 466 Richmond Avenue Southeast, Salem, OR 97301 | K-5 | 0.2 mi |
Leslie Middle School 3850 Pringle Road Southeast, Salem, OR 97302 | 6-8 | 2.3 mi |
South Salem High School 1910 Church Street Southeast, Salem, OR 97302 | 9-12 | 1.5 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 2328 State St
Date
Details
Price
Change
Source
5/28/2026
Listed
$350,000
169.23%
MLS
10/21/2016
Sold
$130,000
—
Public Record
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 2328 State St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,748
8%
$182,420
3%
2024
$3,477
3%
$177,110
3%
2023
$3,375
6%
$171,960
6%
2021
$3,187
-3%
$162,100
-3%
2022
$3,281
6%
$166,960
6%
2020
$3,094
7%
$157,380
3%
2019
$2,896
-2%
$152,800
3%
2018
$2,947
11%
$148,350
3%
2017
$2,660
5%
$144,030
3%
2016
$2,533
-1%
$139,840
3%
2015
$2,553
3%
$135,770
3%
2014
$2,470
3%
$131,820
3%
2013
$2,408
—
$127,990
—
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 2328 State St
2328 State St, Salem, OR 97301 (MLS# 840111) is a Duplex property with 6 bedrooms and 0 full bathrooms. 2328 State St is currently listed for $350,000 and was received on May 28, 2026. Want to learn more about 2328 State St? Do you have questions about finding other Duplex real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.

