Damonian Pike

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Listing provided courtesy of MORE REALTY- MLS# 840570MLS ProviderContact Information: Cell: 503-806-9384

1525 Lee St SESalem, OR 97302

Multi-Family · 8 Beds · 4,262 Sq. ft. | 0.14 Acres
$799,000 ACTIVE

1525 Lee St SE Overview

Time on Site:
52 days
Visits:
1

Where can you find a primary home with an investment component? ADU and Airbnb potential. Rare opportunity to own your own home and rent one side out for cash flow or have multi family living on this big duplex-8 bedrooms and 6 bathrooms. Come see how wonderful the layout is. Nearby is Salem hospital, state capital, restaurants, Bush Park, Willamette University, and Tokyo University. Additionally, seller is a licensed realtor in Oregon. Duplex property with addresses 1525&1535 Lee St SE. Units are occupied so please call to schedule showing. Must be pre approved before showing. Seller would like to rent back so loan will have instant renter income for easier financing.

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1525 Lee St SE Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,262
  • Price/Sq.ft. $187
  • Lot 0.14 Acres

Details

General

School Information

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

Building Information

  • Year Built: 2019

Location/Region

  • County Or Parish: Marion
  • MLS Area Major: 40 SOUTHEAST SALEM
  • Subdivision Name: DEPOT ADDITION TO SALEM

Tax Information

  • Tax Annual Amount: 6956

General Information

  • Property Sub Type: Duplex
  • Property Type: Multi Family

Interior

Beds/Baths

  • Bedrooms Total: 8

General Information

  • Living Area: 4262

Exterior

Lot Information

  • Lot Size Acres: 0.14
  • Lot Size Square Feet: 6098
  • Water Source: City

General Information

  • Sewer: City

1525 Lee St 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.

1525 Lee St 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

1525 Lee St SE History

Date Event Value Agent
5/8/2026Source: Willamette Valley MLS Added to Database
May 08, 2026
11/30/2023Source: Willamette Valley MLS - Sold Data Added to Database
November 30, 2023
11/30/2023Source: Willamette Valley MLS - Sold Data Added to Database
November 30, 2023