Damonian Pike

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Listing provided courtesy of MOSAR COMMERCIAL PROPERTIES- MLS# 840914MLS ProviderContact Information: 971-273-7670

1340-1354 Lee StSalem, OR 97302

Multi-Family · 1,624 Sq. ft. | 0.16 Acres
$495,000 ACTIVE

1340-1354 Lee St Overview

Time on Site:
49 days
Visits:
0

South Salem studio 5-plex with long-term, month to month Tenants, all at below market rent. Seller is willing to provide a roof credit at the time of closing.

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1340-1354 Lee St Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,624
  • Price/Sq.ft. $305
  • Lot 0.16 Acres

Details

General

Building Information

  • Year Built: 1942

Location/Region

  • County Or Parish: Marion
  • MLS Area Major: 40 SOUTHEAST SALEM

Tax Information

  • Tax Annual Amount: 2288

General Information

  • Property Sub Type: Multi- (5+)
  • Property Type: Multi Family

Interior

General Information

  • Flooring: Vinyl
  • Living Area: 1624

Exterior

Lot Information

  • Lot Size Acres: 0.16
  • Water Source: City

1340-1354 Lee St 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.

1340-1354 Lee St 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

1340-1354 Lee St History

Date Event Value Agent
5/11/2026Source: Willamette Valley MLS Added to Database
May 11, 2026