2328 STATE ST Salem, OR $ 299,900
2328 STATE ST
$ 299,900
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2328 STATE ST

Salem, OR, 97301
$ 299,900
Bedrooms5 Baths2.0 Sq 2,892

Monthly Estimate*

$ 2,071

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Multi-Family Home for sale in Salem, OR

for $299,900 with 5 bedrooms and 2 full baths. This 2,892 square foot home was built in 1913 on a lot size of 0.09.

Perfect property for multi-generational use, separate living or as a cash flow rental as the property has been used as a duplex. The larger unit still shows signs of original design and decor, with 3 bedrooms, 1 full bathroom, laundry in the basement, a full kitchen, and a sunroom over looking Mill Creek, which flows past the backyard. The upstairs smaller unit is a 2-bedroom, 1-full-bath unit with laundry hookups that could be added, and a full kitchen. It has a full unfinished basement; this space could be finished for additional square footage. There are three separate meters, one for each floor. Property has a shared 1 car detached garage/shop with the neighbor. Parking is on the side of the duplex but the front lawn could also be used, as it has been graveled many times over the years. Please look at the private remarks for more information.

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Multi-Family Active

Price

$ 299,900

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,747

Style

Lot Size

0.09

Year Built

1913

Town/City

Salem

County/Region

Marion

MLS | Web ID

171164032

Features
General
Sewer PublicSewer
Heating Baseboard
Cooling None
Roof Composition
Zoning RM2
Garage Spaces 1.0
Year Built 1913
Stories Count 2
Tax Year 2025
Parcel Number 587265
Gross Income 1.0
County Marion
Net Operating Income 1.0
Operating Expense 3748.0
Property Type MultiFamily
HOA N
Subdivision Name Richmond Addn.
Rent Includes TrashCollection Water
Status Active
Directions East on State St. past 23rd
High School North Salem
City Salem
Disclosures Disclosure
Number Of Units Total 2
MLS Area _174
Lot Size Square Feet 3920.0
Listing Terms Cash Conventional
Elementary School Richmond
Tax Annual Amount 3747.72
Middle/Junior High School Parrish
Property Condition Approximately
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description RICHMOND ADDITION BLOCK 1 LOT 1 ACRES 0.092 ALSO 6 FT STRIP A
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Interior
Basement Daylight FullBasement Unfinished
Storage Basement Garage
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 3
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Driveway OnStreet
Lot Features Level PublicRoad
Water Source PublicWater
Total Parking 4.0
Exterior Description WoodSiding
Foundation Details StemWall
Building Area Total 2892.0
Lot Size Acres 0.09
Road Surface Type Paved
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Internal Only
Street Number 1 2328
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* Excluded Features
List By
Vantage Point Brokers, Llc

Broker

kevin@vantagepointbrokers.com

Email

Affordability Calculator

$2,384
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,071
Monthly Property Taxes
$312
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
5603987 Elementary School
1951177 Middle School
North Salem High School High School
Pricing History
DatePricePrice ChangeDescription
11/14/2026$299,900 Listed Price

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2328 STATE ST, Salem, OR, 97301 is a Multi-Family Home for sale at $299,900 with 2,892 sqft and a lot size of 0.09. 2328 STATE ST has 5 bedrooms, 2.0 baths, and was built in 1913. The property's zip code is 97301 which is in Salem, OR