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1155 HOWARD ST Salem, OR $ 1,650,000
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$ 1,650,000 Get more info
1155 HOWARD ST
$ 1,650,000
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Share Save

1155 HOWARD ST

Salem, OR, 97302
$ 1,650,000
Bedrooms3 Baths2.0 Sq 10,774

Monthly Estimate*

$ 10,159

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Multi-Family Home for sale in Salem, OR

for $1,650,000 with 3 bedrooms and 2 full baths. This 10,774 square foot home was built in 1962 on a lot size of 0.34.

Oxford Apartments is a two-story, ten-unit complex sitting on .34 acres in a quiet and desirable South Salem neighborhood. Built in 1962, the Property features nine one-bedroom/one-bathrooms units and a single two-bedroom/one-bathroom unit. Ownership of the property has remained stable since the 1970s, contributing to its exceptional upkeep. Current rents are still 12% below market rates. Recent improvements include all new paint in 2024 and new roof in 2018. Don't miss out on this opportunity!

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Multi-Family Pending

Price

$ 1,650,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 9,471

Style

Lot Size

0.34

Year Built

1962

Town/City

Salem

County/Region

Marion

MLS | Web ID

663665969
Features
General
Sewer PublicSewer
Heating Baseboard
Roof Composition
Zoning RM2
Year Built 1962
Stories Count 2
Tax Year 2024
Parcel Number 596835
Gross Income 135843.0
County Marion
Net Operating Income 86007.0
Operating Expense 49836.0
Property Type MultiFamily
HOA N
Rent Includes MaintenanceGrounds Sewer TrashCollection Water
Status Pending
Directions 1155-1173 Howard St
City Salem
Number Of Units Total 10
MLS Area _173
Lot Size Square Feet 14810.0
Listing Terms Cash Conventional
Tax Annual Amount 9471.58
Middle/Junior High School Leslie
Property Condition Existing
Standard Status Pending
Accessory Dwelling Unit Y/N N
Legal Description YEW PARK ANNEX BLOCK 16 LOT FR 7 8 & 9 ACRES 0.34
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Exterior
Water Source PublicWater
Exterior Description WoodSiding
Building Area Total 10774.0
Lot Size Acres 0.34
Road Surface Type Paved
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Interior
Unit 1 Baths Total 1
Unit 1 Beds Total 1
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
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Internal Only
Street Number 1 1155
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* Excluded Features
List By
Bridge Creek Realty

Broker

icrist@bridgecreekrealty.com

Email

Affordability Calculator

$10,949
Per Month
93%
7%
0%
Monthly Principal & Interest
$10,159
Monthly Property Taxes
$789
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949264 Elementary School
5143192 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
7/11/2025$1,650,000 -2.94% Price Down
5/29/2025$1,700,000 -2.86% Price Down
5/16/2025$1,750,000 Listed Price

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1155 HOWARD ST, Salem, OR, 97302 is a Multi-Family Home for sale at $1,650,000 with 10,774 sqft and a lot size of 0.34. 1155 HOWARD ST has 3 bedrooms, 2.0 baths, and was built in 1962. The property's zip code is 97302 which is in Salem, OR

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