Ellen Wright
Responds Quickly
HEART & SOUL REALTY
(458) 221-9374
100 Total Sales
4 in Southeast Salem
$285K - $390K Price Range
365 16th St SE Salem, OR 97301
Southeast Salem Neighborhood
6
Beds
6
Baths
4,092
Sq Ft
8,276
Sq Ft Lot
Highlights
- Attached Garage
- Laundry Facilities
- Wood Siding
- Baseboard Heating
About This Home
As of February 20126 units situated on a tree-lined street only 3 blocks from Willamette University in the central area of Salem. Building has been well maintained, has ample storage in the basement, and has many long-term tenants. Great opportunity to acquire a well-run property for $35,000/unit and receive at least 12% cash on cash return.
Last Agent to Sell the Property
Evan Abramowitz
Evan Abramowitz PBLN License #200911096 Listed on: 10/06/2011
Last Buyer's Agent
Evan Abramowitz
Evan Abramowitz PBLN License #200911096 Listed on: 10/06/2011
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,614
Year Built
- Built in 1901
Lot Details
- 8,276
Parking
- Attached Garage
Home Design
- 4,092 Sq Ft Home
- Wood Siding
Basement
- Basement Fills Entire Space Under The House
- Basement Storage
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- Electric Water Heater
Listing and Financial Details
- Rent includes electricity, heat, trashcollection, water
- Assessor Parcel Number 568372
Community Details
Building Details
- Operating Expense $16,916
- Gross Income $33,859
- Net Operating Income $16,943
Additional Features
- 6 Units
- Laundry Facilities
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 6, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Outstanding Balance
$272,671
Interest Rate
3.1%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 29, 2020
Sold by
Bought by
Purchase Details
Closed on
Oct 15, 2015
Sold by
Bought by
Purchase Details
Listed on
Oct 6, 2011
Closed on
Jan 31, 2012
Sold by
Bought by
Seller's Agent
Evan Abramowitz
Evan Abramowitz PBLN
Buyer's Agent
Evan Abramowitz
Evan Abramowitz PBLN
List Price
$210,000
Sold Price
$204,000
Premium/Discount to List
-$6,000
-2.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,500
Interest Rate
3.85%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Southeast Salem, OR
-
Ellen Wright
-
Jacob Espericueta
Jacob Espericueta
REALTY ONE GROUP WILLAMETTE VALLEY
(503) 506-6882
46 Total Sales
2 in Southeast Salem
$325,000 Price Range
-
GINGER PAGE
GINGER PAGE
HOMESTAR BROKERS
(503) 946-3739
74 Total Sales
4 in Southeast Salem
$335K - $480K Price Range
-
Brooklyn Morgan
Brooklyn Morgan
MORE Realty
(503) 506-6839
111 Total Sales
1 in Southeast Salem
$305,000 Price
-
Kimberly Leighty
Kimberly Leighty
BERKSHIRE HATHAWAY HOMESERVICES R E PROF
(503) 832-6919
86 Total Sales
5 in Southeast Salem
$165K - $356K Price Range
-
Leigha Carver
Leigha Carver
PARAMOUNT REAL ESTATE SERVICES
(971) 396-1912
28 Total Sales
1 in Southeast Salem
$370,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $410,000 | Ticor Title Company Of Or | ||
| -- | None Available | ||
| -- | None Available | ||
| $204,000 | Amerititle |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $307,500 | ||
| Previous Owner | $145,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/02/2012 02/02/12 | Sold | $204,000 | -2.9% | $50 / Sq Ft |
| 10/28/2011 10/28/11 | Pending | -- | -- | -- |
| 10/06/2011 10/06/11 | For Sale | $210,000 | -- | $51 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $4,312 | $226,220 | ||
| 2024 | $4,312 | $219,640 | ||
| 2023 | $4,185 | $213,250 | $0 | $0 |
| 2022 | $3,946 | $207,040 | $0 | $0 |
| 2021 | $3,833 | $201,010 | $0 | $0 |
| 2020 | $3,722 | $195,160 | $0 | $0 |
| 2019 | $3,702 | $189,480 | $0 | $0 |
| 2018 | $3,655 | $0 | $0 | $0 |
| 2017 | $3,299 | $0 | $0 | $0 |
| 2016 | $3,142 | $0 | $0 | $0 |
| 2015 | $3,166 | $0 | $0 | $0 |
| 2014 | $3,063 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
E
Seller's Agent in 2012
Evan Abramowitz
Evan Abramowitz PBLN
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 11436870
APN: 073W26CA03700
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.
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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