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Courtesy of CAPACITY COMMERICAL GROUP LLC, GEORGE GRABENHORST, Cell: 503-559-9397 
6 Beds
6 Baths
3,120 sqft

$990,000

1380 Saginaw St, Salem OR, 97302

Price per sqft$317.31
Built in2026
Property size3,120 sqft
Property typeMulti-family

Overview

Active

Active Under Contract

Listed May 20, 2026

Updated 3 weeks ago

Accepted Offer with Contingencies. Completed, Brand - new 4 - plex in a close in South Salem location. Walk or easy access to downtown, Bush Park, Best Little Roadhouse, & Public Transportation. Wonderful amenities including all appliances community garden area. This is an ideal acquisition for an investor looking for a potential strong cash flow & long-term appreciation. Saginaw property unit rented.  All 4 units are rented which gives a buyer a very good income stream. Both 2 bed/2 bath units are rented at $1800/month, and both1 bed/1 bath units are rented at $1400/month.  All on a year lease agreement.

$6,586/mo

Est. mortgage payment based on a $990,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
841272

Interior Features

Bedrooms
6
Bathrooms
6
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.17 Acres

Other Property Details

Taxes
$4,517
Tax Frequency
Annually
View
Yes
New Construction
Yes
Waterfront
Yes
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Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. 

WVMLS Member: Heather Rauh

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