Damonian Pike

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Listing provided courtesy of Berkshire Hathaway HomeServices NW Real Estate- MLS# 177256462MLS Provider

1213 OAKHILL AVE SESalem, OR 97302

Multi-Family · 3,064 Sq. ft. | 0.33 Acres
$650,000 Active

1213 OAKHILL AVE SE Overview

Time on Site:
105 days
Visits:
8

Great investment opportunity, whether you are growing your portfolio or just getting started. Numerous updates such as electric panels, water heaters and more. Roof 2016. Attractive gated vinyl privacy fencing for each patio area! Each unit pays their own electric. All month-to-month, in good standing. Rents under market! No rent increases done since 2022. Onsite coin-op laundry. 2 units have W/D hookups, other 2 units use shared onsite coin-op laundry room. Each unit included 2 parking spots for tenants. Additional storage sheds on property. Lots of open play area. 2 of the units now available as of May! Located in a quiet, well-kept, area. Desirable South Salem neighborhood.

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1213 OAKHILL AVE SE Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,064
  • Price/Sq.ft. $212
  • Lot 0.33 Acres

Details

General

School Information

  • Elementary School: Morningside
  • Middle Or Junior School: Leslie
  • High School: South Salem

Income/Expenses

  • Gross Income: 40500.0
  • Net Operating Income: 25412.0
  • Operating Expense: 15088.0

Building Information

  • Year Built: 1963

Location/Region

  • Country: US
  • County Or Parish: Marion
  • MLS Area Major: 173 - Marion Co: Southeast Salem
  • Subdivision Name: MORNINGSIDE

Community/Development

  • Community Features: Commons,Laundry

Rent/Lease Information

  • Rent Includes: Sewer,Trash Collection,Water

Tax Information

  • Tax Annual Amount: 5708.08

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: 582859
  • Property Condition: Updated/Remodeled
  • Property Type: Multi Family
  • Zoning: RM2

Interior

Building Interior

  • Building Area Total: 3064.0

General Information

  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Heating: Baseboard
  • Security Features: Security Lights
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Driveway,Off Street
  • Parking Total: 8.0

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 0.33
  • Lot Size Dimensions: 91 X 159
  • Lot Size Square Feet: 14374.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 4
  • Sewer: Public Sewer

1213 OAKHILL AVE SE Neighborhood

Community

97302 (Salem) Demographics

41
Median Age
1,652
Population Density (per sq. mile)
50%
College Educated
$67,270
Estimated Median Income
10,033
Estimated Total Home Owners
6,988
Estimated Total Renters
59% / 41%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1213 OAKHILL AVE SE Market Data

Based on the last 30 days in this zip code

$618,758
Average List Price
$286
Average Price per Square Foot
71
Properties Sold
89
Average Days on Market
259
Properties for Sale
Calculations provided by Reliance Network

1213 OAKHILL AVE SE History

Date Event Value Agent
5/30/2026Source: Regional MLS Status Change
Active
5/14/2026Source: Regional MLS Status Change
Pending
3/16/2026Source: Regional MLS Added to Database
March 16, 2026