NOT LISTED FOR SALE

-1 King St S Salem, OR 97302

South Salem Neighborhood
3 Beds
3 Baths
2,400 Sq Ft
1969 Built

Last Sold October 19, 2018

Last sale price $451,900 $188 Per Sq Ft

41 Days on Market

About This Home

As of October 2018

Investment property with great potential for upside. Very well maintained four-plex in a highly desirable location. One block from Liberty Rd. S. Each unit is 1/1. One unit is currently owner-occupied. Rents appear to be well under market at this time. 30 year membrane roof installed in 2012. Dishwashers installed in all units last year. On-site laundry facility, walking distance to the bus line.

Last Agent to Sell the Property

John Gall

Gall Real Estate Services LLC License #860300132 Listed on: 09/04/2018

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Parking

  • Paved Parking

Home Design

  • Plywood Siding Panel T1-11

Kitchen

  • Range
  • Dishwasher
  • Disposal

Additional Features

  • 2-Story Property
  • Level Lot
  • Property Views

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2400
  • Stories: 2
  • Year Built: 1969
  • Property Condition: Existing
  • Remarks Public: Investment property with great potential for upside. Very well maintained four-plex in a highly desirable location. One block from Liberty Rd. S. Each unit is 1/1. One unit is currently owner-occupied. Rents appear to be well under market at this time. 30 year membrane roof installed in 2012. Dishwashers installed in all units last year. On-site laundry facility, walking distance to the bus line.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SOUTHVIEW ADDITION, LOT FR 4, ACRES 0.15

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Built-Up
  • View: Territorial
  • View: Yes

Garage/Parking

  • Parking Description: Paved

Utilities

  • Fuel Description: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Wall Furnace

Condo/Co-op/Association

  • Common Amenities: Laundry
  • Unit Features: Dishwasher, Disposal, Range, Refrigerator

Schools

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

Lot Info

  • Lot Description: Level
  • Zoning: RM

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 2818.59
  • Assessor Parcel Number: R92207
  • Tax Year: 2017

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 13.04

MLS Schools

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

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2018 10/19/18 Sold $451,900 +0.4% $188 / Sq Ft
10/15/2018 10/15/18 Pending -- -- --
09/04/2018 09/04/18 For Sale $449,900 -- $187 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    John Gall

    Gall Real Estate Services LLC

See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18373409

Regional Multiple Listing Service (RMLS)
Oregon Marion County Salem 97302 South Salem

-1 King St S, Salem, OR

This home is located at -1 King St S, Salem, OR 97302 since 04 September 2018. This property was built in 1969. -1 King St S is a home located in Marion County with nearby schools including Candalaria Elementary School, Leslie Middle School, and South Salem High School.

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