NOT LISTED FOR SALE

2565 Lee St SE Salem, OR 97301

Northeast Salem Neighborhood

Estimated Value: $534,952 - $597,000

3 Beds
2 Baths
2,400 Sq Ft
$231/Sq Ft Est. Value

Sale Details

Date Sold: June 24, 2025

Last sale price $545,000 $227 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,314 / mo

75 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • High Speed Internet
  • 2 Car Attached Garage
  • Forced Air Heating System
  • Level Lot

About This Home

As of June 2025

Delightful one level duplex in Southeast Salem, perfect for first-time homebuyers or savvy investors. Each unit features 3 bedrooms and 2 bathrooms, offering a modernized kitchen with stainless steel appliances. The primary bedroom includes a spacious walk-in closet and a sliding glass door leading to the back patio. Freshly painted throughout, this property provides an excellent opportunity for personal use or rental income.

Last Agent to Sell the Property

Shawntel Brown

Coldwell Banker Bain Brokerage Phone: 503-334-7595 License #201214937 Listed on: 02/20/2025

Coldwell Banker Bain

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,688

Year Built

  • Built in 2015

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Lap Siding
  • Cement Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heat Pump System
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 347036

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,688

Year Built

Built in 2015

Lot Details

6,098 Sq Ft Lot

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 2015
  • Property Condition: Existing
  • Property Attached Yn: No
  • Current Price For Status: 545000.0
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: None
  • Total Bedrooms: 3
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: CementSiding,LapSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Attached, Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Internet Service Type: Cable
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Zoning: RM2
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098.0
  • Parcel #: 347036

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4687.87
  • Tax Opportunity Zone: Yes

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 18.33
  • Annual Gross Income: 30000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2025
Closed on
Jun 3, 2025
Sold by
Chiles Timothy Clarence and Chiles Celeste
Bought by
Henkle Family Trust and Henkle
Seller's Agent
Shawntel Brown
Coldwell Banker Bain
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$615,000
Sold Price
$545,000
Premium/Discount to List
-$70,000
-11.38%
Views
99
Current Estimated Value
$555,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,238
Avg. Annual Appreciation
2.30%
Original Mortgage
$257,000
Outstanding Balance
$256,334
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$298,904

Purchase Details

Listed on
Sep 10, 2018
Closed on
Dec 27, 2018
Sold by
Dmh Property Management Llc
Bought by
Oliver Crystal
Seller's Agent
Matthew Ricker
Urban Properties Group LLC
Buyer's Agent
George Michael Wright
Windermere Heritage
List Price
$356,000
Sold Price
$360,000
Premium/Discount to List
$4,000
1.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.62%
Original Mortgage
$353,479
Interest Rate
4.8%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 19, 2015
Closed on
Dec 17, 2015
Sold by
Melo Jose Orlando
Bought by
Hansen Diane M and Hansen Karl R
Seller's Agent
Charlene Knudsen
SUNDANCE REALTY LLC
List Price
$264,900
Sold Price
$260,000
Premium/Discount to List
-$4,900
-1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.30%

Purchase Details

Closed on
May 22, 2013
Sold by
Bellamy Gil W
Bought by
Bellamy Mark W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Henkle Family Trust $545,000 Ticor Title
Oliver Crystal $360,000 Amerititle
Hansen Diane M $260,000 Ticor Title
Bellamy Mark W -- Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henkle Family Trust $257,000
Previous Owner Oliver Crystal $353,479
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/24/2025 06/24/25 Sold $545,000 -0.9% $227 / Sq Ft
05/06/2025 05/06/25 Pending -- -- --
05/05/2025 05/05/25 Price Changed $550,000 -8.2% $229 / Sq Ft
03/28/2025 03/28/25 Price Changed $599,000 -2.6% $250 / Sq Ft
02/20/2025 02/20/25 For Sale $615,000 +70.8% $256 / Sq Ft
01/04/2019 01/04/19 Sold $360,000 +1.1% $150 / Sq Ft View Prior Sale
12/02/2018 12/02/18 Pending -- -- --
09/10/2018 09/10/18 For Sale $356,000 +36.9% $148 / Sq Ft
12/21/2015 12/21/15 Sold $260,000 -1.8% $109 / Sq Ft View Prior Sale
11/17/2015 11/17/15 Pending -- -- --
10/19/2015 10/19/15 For Sale $264,900 -- $111 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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
2025 $4,688 $245,920 -- --
2024 $4,688 $238,760 -- --
2023 $4,550 $231,810 $0 $0
2022 $4,290 $225,060 $0 $0
2021 $4,167 $218,510 $0 $0
2020 $4,046 $212,150 $0 $0
2019 $3,904 $205,980 $0 $0
2018 $3,973 $0 $0 $0
2017 $3,586 $0 $0 $0
2016 $3,415 $0 $0 $0
2015 $322 $0 $0 $0
2014 $312 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2025

    Shawntel Brown

    Coldwell Banker Bain

    (503) 334-7595

    2 in this area

    23 Total Sales

    Shawntel Brown
    Section Image

  • M

    Seller's Agent in 2019

    Matthew Ricker

    Urban Properties Group LLC

  • Kathryn Opp

    Seller Co-Listing Agent in 2019

    Kathryn Opp

    MORE Realty

    (503) 577-0800

    19 Total Sales

    Kathryn Opp
    Section Image
  • George Michael Wright

    Buyer's Agent in 2019

    George Michael Wright

    Windermere Heritage

    (541) 515-0451

    1 in this area

    68 Total Sales

    George Michael Wright
    Section Image
  • Charlene Knudsen

    Seller's Agent in 2015

    Charlene Knudsen

    SUNDANCE REALTY LLC

    (503) 999-7282

    20 Total Sales

    Charlene Knudsen
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 719587127

Regional Multiple Listing Service (RMLS)

APN: 347036

Oregon Marion County Salem 97301 Northeast Salem

2565 Lee St SE, Salem, OR

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Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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