James & Angie Smith

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Listing provided courtesy of MORE Realty- MLS# 394892498MLS ProviderContact Information: 503-806-9384

1525 SE LEE STSalem, OR 97302

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

1525 SE LEE ST Overview

Time on Site:
53 days
Visits:
0

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. 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 SE LEE ST 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

Income/Expenses

  • Gross Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 2019

Location/Region

  • Country: US
  • County Or Parish: Marion
  • MLS Area Major: 173 - Marion Co: Southeast Salem

Rent/Lease Information

  • Rent Includes: None

Tax Information

  • Tax Annual Amount: 6955.98
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional,FHA
  • Parcel Number: 571032
  • Property Condition: Existing
  • Property Type: Multi Family
  • Zoning: Multi f

Interior

Parking Information

  • Garage Spaces: 2.0

Building Interior

  • Building Area Total: 4262.0

General Information

  • Basement: Crawl Space
  • Cooling: Mini Split
  • Foundation Details: Concrete Perimeter
  • Heating: Forced Air
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Driveway,Off Street
  • Parking Total: 2.0

Lot Information

  • Lot Features: Level,Public Road
  • Lot Size Acres: 0.14
  • Lot Size Square Feet: 6098.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 2
  • Sewer: Public Sewer

1525 SE 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.

1525 SE LEE ST Monthly Cost

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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.

1525 SE LEE ST Market Data

Based on the last 30 days in this zip code

$645,856
Average List Price
$290
Average Price per Square Foot
77
Properties Sold
89
Average Days on Market
262
Properties for Sale
Calculations provided by Reliance Network

1525 SE LEE ST History

Date Event Value Agent
5/8/2026Source: Regional MLS Added to Database
May 08, 2026