$650,000

1213 OAKHILL Ave Se, Salem, OR 97302

3,064 sqft

Multi-Family Home
Built in 1963
0.33acre lot
—— car garage
$212/sqft
Listed 22 days ago

Property 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.

Listing Status:: Active
Date Added:: March 14, 2026
Data Last Updated:: April 5, 2026 at 3:43PM
Listing Office:: Berkshire Hathaway HomeServices NW Real Estate : 503-624-9660
Listing Agent:: L. J. Thomas : 971-437-0359
MLS ID:: 177256462

Basement: Crawl space
Heating: Baseboard

General: Other
Parking: DrivewayOff streetParking spaces: 8

Roofing: Composition
General: Concrete perimeter

Road/Access: Paved
Golf: CommonsLaundry
Originating MLS: Regional Multiple Listing ServiceInc.
County: Marion

Zoning: RM2MORNINGSIDE ADDITIONBLOCK 1LOT OUTLOTS FR 9 & 10ACRES 0.33582859

Water: Public water
Sewer: Public sewer

Source: Regional Multiple Listing ServiceInc.

This listing courtesy of L. J. Thomas , Berkshire Hathaway HomeServices NW Real Estate

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Morningside Elementary School

3513 12th St SE, Salem, OR, 97302

Grades KG-5

0.30 miles away

Leslie Middle School

3850 Pringle Rd SE, Salem, OR, 97302

Grades 6-8

0.34 miles away

South Salem High School

1910 Church St SE, Salem, OR, 97302

Grades 9-12

1.59 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.