NOT LISTED FOR SALE

1135 13th St NE Salem, OR 97301

Northeast Neighbors Neighborhood
-- Bed
-- Bath
4,873 Sq Ft
6,534 Sq Ft Lot

Last Sold September 23, 2020

Last sale price $450,000 $92 Per Sq Ft

18 Days on Market

Highlights

  • Storage
  • Laundry Facilities
  • Level Lot
  • Baseboard Heating
  • High Speed Internet

About This Home

As of September 2020

Phenomenal opportunity to acquire a 4 plex, Duplex and 4 storage rentals in NE Salem. Tenants pay electricity and gas. Minutes from Downtown, the Capital, as well as parks, schools, and bus lines. Coin-operated laundry onsite. Well maintained, fully rented with long term tenants in place & with below-market rents. Recent improvements include a unit turnover with new flooring, shower surround and fresh paint. Perfect owner-occupied opportunity. See also MLS 20690010

Last Agent to Sell the Property

Brian Dorsey

Fathom Realty Oregon, LLC License #201226201 Listed on: 08/01/2020

Fathom Realty Oregon, LLC

Last Buyer's Agent

David Girard

Keller Williams PDX Central License #201221204

Keller Williams PDX Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,479

Year Built

  • Built in 1920

Lot Details

  • Level Lot

Parking

  • Open Parking

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Cedar

Interior Spaces

  • 4,873 Sq Ft Home
  • Storage

Finished Basement

  • Exterior Basement Entry
  • Apartment Living Space in Basement

Schools

  • Parrish Middle School

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Rent includes ground maintenance, sewer, trashcollection, water
  • Assessor Parcel Number 574412

Community Details

Building Details

  • Operating Expense $17,227
  • Gross Income $49,686
  • Net Operating Income $32,459

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,479

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1920
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: ExteriorEntry, Finished, SeparateLivingQuartersApartmentAuxLivingUnit
  • Storage: Locked
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Cedar
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: PillarPostPier
  • View: No
  • Lot Features: Level
  • Roof: Composition

Garage/Parking

  • Parking Description: Open
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Laundry

Schools

  • Middle Or Junior School: Parrish

Lot Info

  • Zoning: RS
  • Parcel #: 574412

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2019
  • Tax Annual Amount: 3478.55

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6
  • Number Of Units Total: 6
  • Gross Rent Multiplier: 10.56
  • Annual Gross Income: 49686.0
  • Property Net Operating Income: 32459.0
  • Annual Operating Expense: 17227.0

Range of Values:

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Average Value
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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 Change Sq Ft Price
09/23/2020 09/23/20 Sold $450,000 -14.3% $92 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $524,900 +40.0% $108 / Sq Ft
09/13/2019 09/13/19 Sold $375,000 +3.9% $77 / Sq Ft
08/27/2019 08/27/19 For Sale $361,000 +36.2% $74 / Sq Ft
11/18/2015 11/18/15 Sold $265,000 -5.0% $54 / Sq Ft
10/28/2015 10/28/15 Pending -- -- --
10/19/2015 10/19/15 For Sale $279,000 -- $57 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brian Dorsey

    Seller's Agent in 2020

    Brian Dorsey

    Fathom Realty Oregon, LLC

    (503) 808-0412

    1 in this area

    45 Total Sales

    Brian Dorsey
    Section Image
  • David Girard

    Buyer's Agent in 2020

    David Girard

    Keller Williams PDX Central

    (971) 361-6347

    1 in this area

    141 Total Sales

    David Girard
    Section Image
  • Francisco Garcia

    Seller's Agent in 2019

    Francisco Garcia

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    (971) 218-7397

    4 in this area

    76 Total Sales

    Francisco Garcia
    Section Image

  • A

    Seller's Agent in 2015

    Aaron Rian

    THE BROKERAGE HOUSE

  • MIKE CALABRIA

    Seller Co-Listing Agent in 2015

    MIKE CALABRIA

    WORKS REAL ESTATE

    (503) 910-2640

    6 in this area

    56 Total Sales

    MIKE CALABRIA
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20238305

Regional Multiple Listing Service (RMLS)

APN: 073W23DB18200

Oregon Marion County Salem 97301 Northeast Neighbors

1135 13th St NE, Salem, OR

This home is located at 1135 13th St NE, Salem, OR 97301 since 01 August 2020. This property was built in 1920. 1135 13th St NE is a home located in Marion County with nearby schools including Englewood Elementary School, Parrish Middle School, and North Salem High School.

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