1380 Saginaw St S, Salem, OR 97302

Salem
Local realty services provided by:Knipe Realty ERA Powered
Listed by: george grabenhorstCell: 503-559-9397
Office: capacity commerical group llc.503-559-9397
MLS#:841272
Source:OR_WVMLS
1380 Saginaw St S,Salem, OR 97302
$990,000
  • - Beds
  • 6 Baths
  • 3,120 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$990,000
  • Price per sq. ft.:$317.31

About this home

Completed, Brand - new 4 - plex in a close in South Salem location. Walk or easy access to downtown, Bush Park, Best Little Roadhouse, & Public Transportation. Wonderful amenities including all appliances community garden area. This is an ideal acquisition for an investor looking for a potential strong cash flow & long-term appreciation. Saginaw property unit rented.  All 4 units are rented which gives a buyer a very good income stream. Both 2 bed/2 bath units are rented at $1800/month, and both1 bed/1 bath units are rented at $1400/month.  All on a year lease agreement.

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Home facts

  • Year built:2026
  • Subdivision & Development:Southwest Addition
  • Listing ID #:841272
  • Added:86 day(s) ago
  • Updated:August 15, 2026 at 02:59 PM

Rooms and interior

  • Total bathrooms:6
  • Flooring:Carpet, Laminate
  • Dining Description:Combination Dining Area
  • Kitchen Description:Dishwasher, Disposal, Range Included, Range: Electric
  • Living area:3,120 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:2026
  • Building area:3,120 sq. ft.
  • Lot area:0.17 Acres
  • Lot Features:Dimension Above, Irregular
  • Construction Materials:Composite
  • Exterior Features:Deck, Partial Fenced Yard, Underground Sprinklers
  • Foundation Description:Continuous

Schools

  • High school:South Salem
  • Middle school:Leslie
  • Elementary school:McKinley

Utilities

  • Water:City, Connected

Finances and disclosures

  • Price:$990,000
  • Price per sq. ft.:$317.31
  • Tax amount:$4,517 (2025)

Features and amenities

  • Amenities:Electric Water Heater
MLS LogoBased on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. OR_WVMLS Member Broker: Jeff Knipe

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