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Listing provided courtesy of SMI REAL ESTATE: 503-390-6060.

1348-1366 12th SE

Salem, OR 97302
  • $1,650,000
  • STATUS: Active
  • ON SITE: 29 Days
  • MLS #: 837402
UPDATED: 36 min ago
$1,650,000
  • 0
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,528
    SQFT
  • $298
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1910
County:

School Ratings & Info

Listing provided courtesy of SMI REAL ESTATE: 503-390-6060. Listing information © 2026 Willamette Valley Multiple Listing Service



Description

This 10 unit complex was completely renovated in 2017. 100% occupied and attaining solid rents on a good unit mix. In place property management. Assumable financing for a qualified purchaser. Fixed rate at 4.030%. Loan matures in 2032.

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Willamette Valley MLS logo © 2026 Based 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. Data last updated: 2026-03-08T16:08:41.423.
www.suelongrealty.com/homes/172825549
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1348-1366 12th SE Salem, OR 97302

  • Price: $1,650,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 36 min ago
  • MLS #: 837402
0
Beds
0
Baths
0
½ Baths
0.33
Acres
5,528
SQFT
$298
$/SQFT
1910
Built
Neighborhood:
40 SOUTHEAST SALEM
County:
Marion
Area:
40 SOUTHEAST SALEM
Property Description
This 10 unit complex was completely renovated in 2017. 100% occupied and attaining solid rents on a good unit mix. In place property management. Assumable financing for a qualified purchaser. Fixed rate at 4.030%. Loan matures in 2032.
Exterior Features

Fenced Yard Partial Foundation Slab Landscape Irrigation SystemYes Roof Composition Siding Fiber Cement

Interior Features

Dishwasher Yes Disposal Yes Fire System Hardwired Flooring CarpetLaminateVinyl Heating Electric Laundry Laundry Center Range Facility Electric Refrigerator Refrigerator Included Water Heater Electric

Property Features

Cross Street Wilbur / Howard Flood Plain Unknown Handicap Amenities No High Speed Comm Access Available Home Warranty No Homeowners Association No Association Inspection Report Available No Multifamily Type Multi- (5+) New Construction No Possession 7319 Property Use Type Investment Seller To Do1031 Yes Sewer City Suitable For Garden/Low-Rise Terms Seller Will Consider CashConventional Water City Zoning CG

© 2026 Willamette Valley Multiple Listing Service. All rights reserved.


Willamette Valley MLS logo © 2026 Based 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. Data last updated: 2026-03-08T16:08:41.423.
 
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Keller Williams Mid-Willamette
201 NW 3rd St
Corvallis OR, 97330
Listing provided courtesy of SMI REAL ESTATE: 503-390-6060. Listing information © 2026 Willamette Valley Multiple Listing Service