355 S KING ST, Salem, OR 97302 | MLS #741404733 | Cascade Hasson Sotheby’s International Realty

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Listing provided courtesy of SMI Commercial Real Estate LLCMLS# 741404733MLS Provider
  • 31 days on site
  • 0 views

Well maintained single-level duplex in desirable South Salem offering an excellent owner-occupant or investment opportunity. Each unit features 2 bedrooms, 1 bathroom, washer & dryer hookups, attached one-car garage, central air, and private backyard space. Property also includes in-ground sprinklers and has been consistently cared for over the years. One unit is currently vacant, giving you the flexibility to move in or lease at market rate while the occupied unit generates strong income. Tenant pays electric, garbage, and gas.

Source: Regional MLS, MLS#: 741404733

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  • Property Type
    Residential Income
  • Lot
    0.14 acres

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  • Median Age
    41
  • Population Density
    1,652
  • College Educated
    50%
  • Estimated Median Income
    $67,270
  • Estimated Total Home Owners
    10,033
  • Estimated Total Renters
    6,988
  • Owner / Renter Divide
    59% / 41%
  • Estimated Average Household Size
    2
  • Total Population
    40,113
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* 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.

History

Date Event Value Agent
6/5/2026Source: Regional MLS Status Change
Pending
5/29/2026Source: Regional MLS Added to Database
May 29, 2026