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1519 SALISHAN ST Salem, OR $ 999,900
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1519 SALISHAN ST
$ 999,900
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Foreclosure
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1519 SALISHAN ST

Salem, OR, 97302
$ 999,900
Bedrooms12 Baths36.0

Monthly Estimate*

$ 6,906

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Multi-Family Home for sale in Salem, OR

for $999,900 with 12 bedrooms and 36 full baths. This home was built in 1977 on a lot size of 0.27.

Attention investors: Superb bank owned foreclosure opportunity! Great deal on this completely vacated 10,123 SF 6 plex in South Salem. Large three-story premium 2 BR luxury units with applianced kitchens, laundry, and the end units 1519 and 1529 enjoy their very own garage. The other units have additional living space on the lower level. Attractive curb appeal and grounds. Three dedicated paved parking spaces and a 4 car carport. Set market rents and pick the finest residents. Some units need TLC, but previous updates appear to have been made. Potential for great upside. Explore possibilities with the city on a condo conversion. There’s nothing even remotely like it within a half million dollars. See Instructions

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Multi-Family Active

Price

$ 999,900

Bedrooms

12

Full Bath

36

Property Type

Multi-Family

Taxes

$ 7,963

Style

Lot Size

0.27

Year Built

1977

Town/City

Salem

County/Region

Marion

MLS | Web ID

655853030
Features
General
Sewer PublicSewer
Heating WallHeater
Roof Composition
Zoning RM2
Garage Spaces 3.0
Year Built 1977
Stories Count 2
Parcel Number 580376
Gross Income 0
County Marion
Net Operating Income 0
Operating Expense 0
Property Type MultiFamily
HOA N
Rent Includes None
Status Active
Directions Salishan St SE
High School South Salem
City Salem
Number Of Units Total 6
MLS Area _173
Lot Size Square Feet 11761.0
Listing Terms Cash
Elementary School Morningside
Tax Annual Amount 7963.05
Middle/Junior High School Leslie
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description LAGUNA VILLAGE SOUTH II SUBDIVISION BLOCK 1 LOT 3 ACRES 0.27
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Interior
Storage Locked
Hot Water Electricity
Unit 1 Baths Total 6
Unit 1 Beds Total 2
Unit 2 Baths Total 6
Unit 2 Beds Total 2
Unit 3 Baths Total 6
Unit 3 Beds Total 2
Unit 4 Baths Total 6
Unit 4 Beds Total 2
Unit 5 Beds Total 2
Unit 6 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4 UnitTypeType5 UnitTypeType6
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Exterior
Parking Features Carport Garage
Water Source PublicWater
Exterior Description LapSiding WoodSiding
Foundation Details ConcretePerimeter Slab
Lot Size Acres 0.27
Road Surface Type Paved
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Internal Only
Street Number 1 1519
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* Excluded Features
List By
White Star Realty, Inc

Broker

derricke@whitestarrealty.com

Contact

Affordability Calculator

$7,570
Per Month
91%
9%
0%
Monthly Principal & Interest
$6,906
Monthly Property Taxes
$664
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
1950533 Elementary School
1950766 Middle School
South Salem High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/22/2026$999,900 Listed Price

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1519 SALISHAN ST, Salem, OR, 97302 is a Multi-Family Home for sale at $999,900 with a lot size of 0.27. 1519 SALISHAN ST has 12 bedrooms, 36.0 baths, and was built in 1977. The property's zip code is 97302 which is in Salem, OR

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