1213 OAKHILL AVE SE, Salem, OR 97302
MORNINGSIDE · Marion County
Key Facts
Description
Great investment opportunity whether you're growing your portfolio or just getting started. Investment property w/numerous updates. New roof (2016-2017). Sewer line replaced from all 4 units out to main (approx. 2019). All new water heaters(2016). Electric panels in all 4 units replaced (2020). All vertical blinds (2025). All new LED lights. Unit #1213 updated 2017 with new carpet, baseboard units, vinyl floor, refrigerator, dishwasher and cabinet bases. Unit #1219 has new flooring, ceiling fan, refrigerator, interior paint, baseboard units, re-finished countertop (2024). NEW gated vinyl privacy fencing for each unit patio area (summer 2025)!2 units have W/D hookups, other 2 units use shared onsite coin-op laundry room. Each unit includes 2 parking spots for tenants. 2 storage sheds on property. Lots of open play area. Rents are under market! No rent increases done since 2022. Located in a quiet, well-kept, area. Desirable South Salem neighborhood.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1963
Stories
1
Living Area
3,064 sq ft
Lot Size
0.33 acres
Lot Dimensions
91 X 159
Parking Spaces
8
Zoning
RM2
MLS® Listing#
177256462
Property Features
Cooling
Heating
Basement
Parking
Laundry
Lot Features
Foundation
Roof
Security
Sewer
Water Source
Schools
- Elementary:
- Morningside
- Middle:
- Leslie
- High:
- South Salem
Financial Details
Annual Taxes
$5,708
Parcel Number
582859
Directions
From South Salem head S on Commercial, R on 12th, R on Oakhill. 1st plex on left
Affordability Calculator
$130,000
Estimated monthly payment
$3,460/mo
Principal $520,000 · Est. interest $725,446 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Salem, OR
- $482,540
- Median Listing Price
- 167
- Median Days on Market
- 1,811
- Median Sq Ft
- $267
- Median Price / Sq Ft
- 322
- Active Listings
- This home’s price is 35% above the area median.
- Its price per sq ft is 20% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Salem, OR.
Location
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Points of Interest in Salem, OR
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 664 THOMPSON AVE, Salem, OR | $600,000 | 8 | 4 | 3,744 |
| 4125 4135 PORTLAND RD NE, Salem, OR | $725,000 | 13 | 6 | — |
| 1480 SALISHAN ST, Salem, OR | $749,900 | 8 | 8 | 4,096 |
| 1923 WAYMIRE ST, Salem, OR | $775,000 | 8 | 3 | 2,174 |
Moving Cost Estimate
EXIT Agents in Salem
Listing Courtesy: Berkshire Hathaway HomeServices NW Real Estate - 5036249660
Presented by: L. J. Thomas
Last Updated: 2026-03-14