$599,000

1487 Waller St SE Unit 1495 Salem, OR 97302

Southeast Salem Neighborhood

Estimated payment $3,691/month

Total Views 4,343
2 Beds
1 Bath
3,332 Sq Ft
$180 Price per Sq Ft

Highlights

  • Territorial View
  • Baseboard Heating
  • High Speed Internet
  • Corner Lot
  • Laundry Facilities

About This Home

4-Plex with 2 Bedroom 1 Bath units with 4 off street parking spaces. On site utility room with coin operated washer/dryer. Do not disturb tenants.

Listing Agent

JOHN ZOBRIST

eXp Realty LLC License #201237372 Listed on: 05/07/2025

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,481

Year Built

  • Built in 1964

Lot Details

  • 5,227 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,332 Sq Ft Home
  • Territorial Views
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Location

  • Flood Zone Lot

Schools

  • Bush Elementary School
  • Leslie Middle School
  • South Salem High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Community Details

  • 4 Units
  • Laundry Facilities
  • Gross Income $40,000

Listing and Financial Details

  • Assessor Parcel Number 571068

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,481

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Year Built: 1964
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Total Bedrooms: 2
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: CornerLot, FloodZone, Level
  • Road Surface Type: Paved
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Description: OffStreet
  • Attached Garage: No
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: AllLandscaping, Laundry

Schools

  • Elementary School: Bush
  • High School: South Salem
  • Middle Or Junior School: Leslie

Lot Info

  • Zoning: RM
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.0
  • Parcel #: 571068

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 4480.58

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 14.98
  • Annual Gross Income: 40000.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,481 $228,200 -- --
2023 $4,349 $221,560 $0 $0
2022 $4,100 $215,110 $0 $0
2021 $3,983 $208,850 $0 $0
2020 $3,986 $202,770 $0 $0
2019 $3,846 $196,870 $0 $0
2018 $3,797 $0 $0 $0
2017 $3,427 $0 $0 $0
2016 $3,264 $0 $0 $0
2015 $3,289 $0 $0 $0
2014 $3,183 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 For Sale $599,000 0.0% $180 / Sq Ft
06/05/2025 06/05/25 Pending -- -- --
05/03/2025 05/03/25 For Sale $599,000 -- $180 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $175,000 First American
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $140,000 Seller Take Back
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 583493515

Regional Multiple Listing Service (RMLS)

APN: 571068