1385 HINES ST, Salem, OR 97302

$580,000
2,525
SqFt

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List Price
$580,000
Days on Market
2
MLS#
787729274
Property Type
Multifamily
Sqft. of Residence
2,525
Lot Size
10, 000 to 14, 999 SqFt
Region
Marion Co: Southeast Salem
Status
ACTIVE

Property Description

Tons of value in this Salem 4 plex! Two separate buildings - the front building is a nicely converted, classic bungalow, with three units. The back building is a stand-alone 2 bed/1 bath house. Main building features a 2 bedroom/1 bath unit, an upstairs studio, and a 1 bedroom unit at the rear of the home. Stand alone house boasts 2 bedrooms, 1 bath, and enjoys a quiet, private setting. Fully rented! Lots of interior updates in 2021, newer Hardi siding on the front house, tons of parking for tenants and a wonderful central location, close to Willamette University, and all the best of downtown Salem. This is a solid rental with lots of potential!

Additional Information

Tax Amount
$3,471
Year Built
1920
High School
South Salem
Elementary School
Bush
Middle School
Leslie
Acres
0.29
Living Area
2,525
Terms
Cash, Conventional, FHA, VA Loan
Cooling Description
None
Fuel Description
Electricity
Heating Description
Baseboard
Hoa Rent Includes
Sewer, Trash Collection, Water
Hot Water Description
Electricity
Exterior Description
Cement Siding, Lap Siding, Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Parking
Open
Parking Description
Open
Road Surface
Paved
Number Of Units Total
4
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
1295
Unit Type One Sq Ft
850
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
1
Unit Type Three Rent
995
Unit Type Three Sq Ft
512
Unit Type Three Units Total
1
Unit Type Four Baths Total
1
Unit Type Four Rent
1015
Unit Type Four Sq Ft
513
Unit Type Four Units Total
1

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Calculator source: Real Geeks

Listing courtesy of John L. Scott Portland South.

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