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$475,000 Just Listed

  • For Sale
  • Active
  • Duplex
  • 4 Beds
  • 2 Total Baths
  • 2,086 Sq. Ft.
  • Updated 1 day ago

Listed By: SABRINA. JAMES | Smi Real Estate | (971) 218-9349 | 971-218-9349

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Well maintained single-level duplex in desirable South Salem offering an excellent owner-occupant or investment opportunity. Each unit features 2 bedrooms, 1 bathroom, washer & dryer hookups, attached one-car garage, central air, and private backyard space. Property also includes in-ground sprinklers and has been consistently cared for over the years. One unit is currently vacant, giving you the flexibility to move in or lease at market rate while the occupied unit generates strong income. Tenant pays electric, garbage, and gas.

Full Property Details for 355-357 King St S

General

  • Price: $475,000
  • Taxes: $5,449 (2025)
  • Status: Active
  • Type: Duplex
  • Source: WVMLS
  • MLS ID: 841662
  • Updated: 5/30/2026
  • Added to Site: 2 day(s) ago

Interior

  • Flooring: Carpet, Laminate

Rooms

Bathrooms

  • Total Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Exterior

  • Color: Brown

Location

  • County: SOUTH SALEM
  • Subdivision: Hansen
  • Driving Directions: From Commercial St head east on Rural Ave then right onto King St

School Information

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

Heating & Cooling

  • Heating Type: Central AC, Forced Air
  • Heating Fuel: Central AC, Forced Air
  • Water Heater: Electric

Utilities

  • Sewer: City
  • Water: City

Structural Information

  • Roof: Composition, Shingle
  • Square Feet: 2,086
  • Below Ground: 1,902 Sq. Ft.
  • Year Built: 2014

Unit Information

  • Units in Building: 2
  • Units w/Refrigerators: 21709
  • Units w/Range/Oven: 12490

Unit 1

  • Square Feet: 1043
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Square Feet: 1043
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Level: AmeriTitle

Unit 5

  • Square Feet: 2

Lot Features

  • Lot Size (Acres): 0.14
  • Frontage Feet: 1043
  • Zoning: RS
  • Lot Description: 3

Financial Considerations

  • Price Per Sq. Ft.: $227.71
  • Price Per Acre: $3,392,857.14
  • Assessment Year: 2014
  • Tax Amount: $5,449
  • Tax Year: 2025

Disclosures and Reports

  • Lot Number: 3

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Price & Sales History for 355-357 King St S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/29/2026
Listed
$475,000
75.93%
MLS
6/04/2018
Sold
$270,000
—
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 355-357 King St S

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,449
8%
$265,250
3%
2024
$5,056
3%
$257,530
3%
2023
$4,907
6%
$250,030
6%
2021
$4,634
-3%
$235,680
-3%
2022
$4,770
6%
$242,750
6%
2020
$4,499
7%
$228,820
3%
2019
$4,210
-2%
$222,160
3%
2018
$4,285
11%
$215,690
3%
2017
$3,867
5%
$209,410
3%
2016
$3,684
-1%
$203,320
3%
2015
$3,711
357%
$197,400
356%
2014
$812
2%
$43,310
3%
2013
$795
—
$42,050
—
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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355-357 King St S, Salem, OR 97302 (MLS# 841662) is a Duplex property with 4 bedrooms and 0 full bathrooms. 355-357 King St S is currently listed for $475,000 and was received on May 29, 2026. Want to learn more about 355-357 King St S? 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.

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