$685,000
SOLD APR 4, 2025

356 Shipping St NE Salem, OR 97301

Grant Neighborhood
8 Beds
4 Baths
3,128 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$219 Per Sq Ft

7% Below List Price

28 Days on Market

Highlights

  • Living Room with Fireplace
  • Fenced Yard
  • Washer and Dryer
  • Covered patio or porch
  • Zoned Heating
  • High Speed Internet

About This Home

As of April 2025

Four plex located in Central Salem. Near schools, businesses, parks, Willamette University, restaurants and more. Add this property to your investment portfolio. Three of the four units are leased with the fourth being held vacant for showings. Turn key property with upgrades such as counters, flooring, appliances and paint. Onsite laundry, garage parking for each unit with guest parking. Upper units feature a private balcony and lower units feature fenced/private backyard space.

Last Agent to Sell the Property

Heather Brymer

KELLER WILLIAMS REALTY PROFESSIONALS License #200609335

KELLER WILLIAMS REALTY PROFESSIONALS

Last Buyer's Agent

Catherine Underwood-Bush

CHEDDAR REALTY License #200703199

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,203

Year Built

  • Built in 1968

Lot Details

  • 7,841 Sq Ft Lot
  • Fenced Yard

Home Design

  • Quadruplex
  • Slab Foundation
  • Metal Roof
  • T111 Siding

Interior Spaces

  • 3,128 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Washer and Dryer

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Covered patio or porch

Schools

  • Grant Elementary School
  • Parrish Middle School
  • North Salem High School

Utilities

  • Zoned Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 8 / 38

Community Details

Overview

  • 4 Units
  • North Salem With Addition Subdivision

Building Details

  • Electric Expense $740
  • Maintenance Expense $1,394
  • Trash Expense $1,403
  • Water Sewer Expense $2,688

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,203

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: 4-Plex
  • Range Facility: Built-In, Electric, Range Included
  • Syndicated Remarks: Four plex located in Central Salem. Near schools, businesses, parks, Willamette University, restaurants and more. Add this property to your investment portfolio. Three of the four units are leased with the fourth being held vacant for showings. Turn key property with upgrades such as counters, flooring, appliances and paint. Onsite laundry, garage parking for each unit with guest parking. Upper units feature a private balcony and lower units feature fenced/private backyard space.
  • Cross Street: Liberty St NE
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Living Room, Wood
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Laminate
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Laundry: W/D Included
  • Price Per Sq Ft: 218.99
  • Price Per Sq Ft: 234.97

Exterior Features

  • Patio: Covered Patio
  • Fenced Yard: Yes
  • Foundation: Slab
  • Roof: Metal Or Aluminum
  • Siding: Composite
  • Siding Style: T111

Utilities

  • Heating: Electric, Zonal
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Electric
  • Electric: 740
  • Garbage: 1403
  • Sewer: City
  • Water/Sewer: 2688

Condo/Co-op/Association

  • Maintenance: 1394

Schools

  • Elementary School: Grant
  • Middle School: Parrish
  • High School: North Salem

Lot Info

  • Acres: 0.18
  • Estimated Lot Sq Ft: 7841
  • Lot: 8
  • Price Per Acre: 4083333.33
  • Property Use Type: Investment
  • Geo Subdivision: OR

Tax Info

  • Tax Amount: 5203

Multi Family

  • Number Of Units: 4

MLS Schools

  • HighSchool: North Salem
  • Middle School: Parrish
  • Elementary School: Grant

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Sold $685,000 -6.8% $219 / Sq Ft
03/07/2025 03/07/25 For Sale $735,000 -- $235 / Sq Ft
Source: Willamette Valley MLS

Source: Willamette Valley MLS

MLS Number: 826243

Willamette Valley MLS