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380 OWENS ST Salem, OR $ 595,000
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380 OWENS ST
$ 595,000
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380 OWENS ST

Salem, OR, 97302
$ 595,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 3,664

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380 OWENS ST, Salem, OR 97302 - Image 12
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Multi-Family Home for sale in Salem, OR

for $595,000 with 4 bedrooms and 2 full baths. This home was built in 1923 on a lot size of 0.17.

Hard to find home with an additional ADU offering a duplex situation on a corner lot with flexibility of owner occupied or investment opportunity. Conveniently located in desired Fairmount area with easy access to shopping, restaurants, Minto Brown and Riverfront Parks. The home is a classic 1923 Craftsman with front covered porch and great character along with a newer built garage with additional 728 SF ADU above it with 1 bedroom and 1 bath perfect for dual living or to rent out. Home has new roof.

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Multi-Family Active

Price

$ 595,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,049

Style

Lot Size

0.17

Year Built

1923

Town/City

Salem

County/Region

Marion

MLS | Web ID

341234025
Features
General
Sewer PublicSewer
Heating Baseboard ForcedAir
Roof Composition
Zoning FR 8
Garage Spaces 2.0
Year Built 1923
Stories Count 2
Tax Year 2025
Parcel Number 592013
Gross Income 34800.0
County Marion
Net Operating Income 20652.0
Operating Expense 14136.0
Property Type MultiFamily
HOA N
Rent Includes MaintenanceGrounds Sewer Water
Status Active
Directions Commercial St. West on Owens
High School South Salem
City Salem
Disclosures Disclosure
Number Of Units Total 2
MLS Area _172
Lot Size Square Feet 7405.0
Listing Terms Cash Conventional
Elementary School Other
Tax Annual Amount 4049.74
Middle/Junior High School Leslie
Virtual Tour https://midvalleytours.com/l/380-owens-st-s/
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SOUTHWEST ADDITION BLOCK 3 LOT FR 8 ACRES 0.17
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Exterior
Water Source PublicWater
Total Parking 2.0
Exterior Description LapSiding WoodSiding
Foundation Details Slab
Lot Size Acres 0.17
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Interior
Unit 1 Baths Total 1
Unit 1 Beds Total 3
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit Type UnitTypeType1 UnitTypeType2
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Internal Only
Street Number 1 380
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* Excluded Features
List By
Paramount Real Estate Services

Broker

brianandnina@paramountoregon.com

Email

Affordability Calculator

$4,001
Per Month
92%
8%
0%
Monthly Principal & Interest
$3,664
Monthly Property Taxes
$337
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
4563806 Elementary School
1950766 Middle School
South Salem High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/21/2026$595,000 Listed Price

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380 OWENS ST, Salem, OR, 97302 is a Multi-Family Home for sale at $595,000 with a lot size of 0.17. 380 OWENS ST has 4 bedrooms, 2.0 baths, and was built in 1923. The property's zip code is 97302 which is in Salem, OR

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