$1,500,000
SOLD NOV 14, 2022

1155 Howard St SE Unit 1173 Salem, OR 97302

South Central Neighborhood
11 Beds
10 Baths
7,392 Sq Ft
0.34 Acres

Recently Sold

$203 Per Sq Ft

7 Days on Market

Highlights

  • Waterfront
  • Deck
  • Wood Flooring
  • 0.34 Acre Lot
  • Territorial View
  • Patio

About This Home

As of November 2022

Oxford Apartments are a single 2-story building with 10 units in a quiet neighborhood. Tenants enjoy living along Mill Creek in a desirable location near beautiful Bush Park with easy access to all Salem has to offer. The well-maintained property has benefited from stable ownership since the 1970s. Formerly owner-managed but now having professional management on board, vacant units are quickly leasing up to produce nice cash flow now with more room to grow!

Last Agent to Sell the Property

Greg Goodenough

PREMIERE PROPERTY GROUP, LLC License #201232337 Listed on: 05/26/2022

PREMIERE PROPERTY GROUP, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,680

Year Built

  • Built in 1962

Lot Details

  • 0.34 Acre Lot
  • Waterfront
  • Landscaped

Home Design

  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 7,392 Sq Ft Home
  • Territorial Views
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 10 Bathrooms

Outdoor Features

  • Deck
  • Patio

Location

  • Flood Zone Lot

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block FR 7 8 & 9 / 16

Community Details

Overview

  • 10 Units
  • Oxford Apartments Community

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $30,633
  • Net Operating Income $78,754

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,680

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Multi- (5+)
  • Range Facility: Electric
  • Syndicated Remarks: Oxford Apartments are a single 2-story building with 10 units in a quiet neighborhood. Tenants enjoy living along Mill Creek in a desirable location near beautiful Bush Park with easy access to all Salem has to offer. The well-maintained property has benefited from stable ownership since the 1970s. Formerly owner-managed but now having professional management on board, vacant units are quickly leasing up to produce nice cash flow now with more room to grow!
  • Cross Street: Berry St SE
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Negotiable Inclusions: Portable AC unit
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Vinyl, Wood
  • Total Bathrooms: 10
  • Total Bedrooms: 11
  • Laundry: Laundry Center
  • Price Per Sq Ft: 202.92
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 202.92

Exterior Features

  • Patio: Deck, Patio
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Wood
  • Siding Style: Lap
  • View: Territorial, Water Frontage

Utilities

  • Heating: Electric, Baseboard
  • High Speed Comm Access: Present
  • Water: City
  • Water Heater: Electric
  • Sewer: City

Schools

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

Lot Info

  • Acres: 0.34
  • Flood Plain: Yes
  • Lot: FR 7 8 & 9
  • Price Per Acre: 4411764.71
  • Zoning: RM2
  • Property Name: Oxford Apartments
  • Property Use Type: Investment
  • Geo Subdivision: OR

Rental Info

  • Total Expenses: 30633

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: 596835
  • Tax Account Number: 596835
  • Tax Amount: 8680

Multi Family

  • Net Income: 78754
  • Gross Sched Income: 112314
  • Number Of Units: 10

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Range of Values:

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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
07/11/2025 07/11/25 Price Changed $1,650,000 -2.9% $153 / Sq Ft
05/29/2025 05/29/25 Price Changed $1,700,000 -2.9% $158 / Sq Ft
05/16/2025 05/16/25 For Sale $1,750,000 +16.7% $162 / Sq Ft
11/14/2022 11/14/22 Sold $1,500,000 0.0% $203 / Sq Ft
07/08/2022 07/08/22 For Sale $1,500,000 -- $203 / Sq Ft
Source: Willamette Valley MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ian Crist

    Seller's Agent in 2025

    Ian Crist

    Bridge Creek Realty

    (503) 508-0131

    2 in this area

    97 Total Sales

    Ian Crist
    Section Image
  • Greg Goodenough

    Seller's Agent in 2022

    Greg Goodenough

    PREMIERE PROPERTY GROUP, LLC

    (503) 999-9046

    2 in this area

    26 Total Sales

    Greg Goodenough
    Section Image
See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 793121

Willamette Valley MLS

APN: 073W34AA09700

Oregon Marion County Salem 97302 South Central

1155 Howard St SE Unit 1173, Salem, OR

This home is located at 1155 Howard St SE Unit 1173, Salem, OR 97302 and is currently priced at $1,500,000, approximately $202 per square foot. This property was built in 1962. 1155 Howard St SE Unit 1173 is a home located in Marion County with nearby schools including Bush Elementary School, Leslie Middle School, and South Salem High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Willamette Valley MLS 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. WVMLS Member Broker: Arlene Richardson

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