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About This Home

This 5-bedroom, 4-bathroom residential multi family at 1385 HINES St in Salem, OR is listed for $600,000 ($238 per sqft). Built in 1920, the home offers 2,525 sqft of living space on a 0.29 acres lot.

Agent Description

Tons of value in this Salem 4 plex! Two separate buildings - the front building is a nicely converted, classic bungalow, with three units. The back building is a stand-alone 2 bed/1 bath house. Main building features a 2 bedroom/1 bath unit, an upstairs studio, and a 1 bedroom unit at the rear of the home.

Stand alone house boasts 2 bedrooms, 1 bath, and enjoys a quiet, private setting. Fully rented! Lots of interior updates in 2021, newer Hardi siding on the front house, tons of parking for tenants and a wonderful central location, close to Willamette University, and all the best of downtown Salem. This is a solid rental with lots of potential!

Key Features

  • Built in 1920
  • 0.29 acre lot
  • 2 stories

Property Details

2 stories
4 full
1920

Monthly Cost Estimate

$3,209/mo

20% down · 6.5% · 30 years

Principal$434
Interest$2,600
Insurance$175

Estimates only. Actual payments may vary.

Location

1385 HINES St

Salem, OR 97302

Property Details

Heating

Baseboard

Questions & Answers

This 5-bedroom, 4-bathroom residential multi family at 1385 HINES St is listed at $600,000 ($238/sqft). The estimated monthly payment is $2,600 based on 20% down at 6.5% interest.

Key features include: Built in 1920, 0.29 acre lot, 2 stories.

This property is listed by Tom Ramsey and can be reached at 5034810501 or tomramsey1@gmail.com.

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TR

Tom Ramsey

Agent at John L. Scott

(503) 481-0501

Listed by John L. Scott

MLS# 700386141· Source: listhub· Updated 48 days ago

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1385 HINES St, Salem, OR 97302

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