2328 State St

Salem, OR 97301

$350,000
Price
6
Beds
3
Baths
2,892 Sq. Ft.
$121 / Sq. Ft.
2,892
Sq. Ft.
$121
per Sq. Ft.
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Description

Duplex w/ massive potential for sale in downtown Salem. Excellent investment opportunity producing steady income, set along scenic Mill Creek, the partially fenced yard creates a unique urban waterfront setting rarely found in the downtown core. Located near restaurants, shops, government offices & ongoing redevelopment projects, property offers strong long-term upside in one of Salem’s evolving central districts. You can own this versatile property blending historic appeal, location & future potential.Duplex w/ massive potential for sale in downtown Salem. Excellent investment opportunity producing steady income, set along scenic Mill Creek, the partially fenced yard creates a unique urban waterfront setting rarely found in the downtown core. Located near restaurants, shops, government offices & ongoing redevelopment projects, property offers strong long-term upside in one of Salem’s evolving central districts. You can own this versatile property blending historic appeal, location & future potential.
  1. Listed by CIELO DEL ROSARIO* • Brokerage DRE #201250263 • DORE
    P: (541)-250-1065 C: (971)-506-2263 CIELO.DELROSARIO@DORE.LLC
  2. Listed by TIM RIST • Brokerage DRE #201250263 • DORE
    C: (541)-250-1065 tim.rist@dore.llc

Property Details for 2328 State Street

View
Water
Has View
Yes
Zoning
RM2
Zoning Description
RM2
LISTING UPDATED: 06/26/2026 11:36 AM

Property Details for 2328 State Street

StatusActive
MLS #840111
Days on Market29
Taxes$3,747 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1913
Lot Size0.09 AC / 3,920 SF
CountyMarion County
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Location

Listing Courtesy of DORE
Add your commute

Building Information for 2328 State Street

Stories-Residences2Year Built1913Building Size-Lot Size0.09 AC / 3,920 SF

Payment Calculator

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$2,056 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,744

Property Taxes

$312

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2328 State Street

Summary
Location and General Information
  • Carrier Route: C081
  • Directions: From 13th St SE, Keep right tostay on 13th St SE Continue onto 12th St SE then right onState St.
  • Latitude: 44.933375
  • Longitude: -123.013963
Taxes and HOA
  • Tax Annual Amount: $3,747.00
  • Tax Year: 2025
Property
Lot Information
  • Lot Size Acres: 0.09
Property and Assessments
  • Living Area: 2892.0
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Year Built: 1913
Building Features
  • Construction Materials: Wood Siding
Utilities
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Patio And Porch Features: Covered, Deck, Patio
  • Roof: Composition
Interior Features
  • Appliances: Electric Range, Refrigerator, Electric Water Heater
  • Basement: Partial
  • Has Basement: Yes
  • Total Bedrooms: 6
  • Flooring: Carpet, Laminate, Wood
  • Heating: Baseboard
  • Has Heating: Yes
  • Has Spa: No
  • Water Heater: Electric
Multi Family
Multi Family Information
  • Number Of Units Total: 2

Property History for 2328 State Street

DateEvent & SourcePriceAppreciation
May 28, 2026

Listed (Active)

Willamette Valley MLS #840111

$350,000—
Oct 21, 2016

Sold (Public Record)

Public Record #582262651

$130,000

+0.4% / yr

Feb 15, 2016

Expired

RMLS #15013143

$145,000—
DateEvent & SourcePrice
05/28/2026

Listed (Active)

Willamette Valley MLS #840111

$350,000
10/21/2016

Sold (Public Record)

Public Record #582262651

$130,000

+0.4% / yr

02/15/2016

Expired

RMLS #15013143

$145,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2328 State Street

Taxable ValueLand-Additions-Total-
Tax Record2025$3,748 ($312 / month)
Home Facts
Beds6Total Finished SqFt2,892 SqFtAbove Grade Finished SqFt2,892 SqFtStories1Lot Size3,920 SqFtStyleSingle Family ResidenceYear Built1913ZoningMU-IICountyMARIONAPN073W26DA17300

Schools near 2328 State Street

This home is within Salem-Keizer School District 24j.
Rating
School
Type
Grades
Distance
Richmond Elementary School
Public - K to 5
Leslie Middle School
Public - 6 to 8
South Salem High School
Public - 9 to 12
Optimum Learning Environment Charter School
Charter - 1 to 5
Rating
School
Distance
Richmond Elementary School
PublicK to 5

Leslie Middle School
Public6 to 8

South Salem High School
Public9 to 12

Optimum Learning Environment Charter School
Charter1 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 2328 State Street, Salem, OR 97301

2328 State Street is a multi-family home for sale in Salem, OR 97301. This property was listed for sale on May 28, 2026 by DORE, it's currently listed at $350,000. It has been on the market for a total of 29 days and was last sold on October 21, 2016. This listing's school district is Salem-Keizer School District 24j. Nearby schools include Richmond Elementary School, Leslie Middle School and South Salem High School. 2328 State Street is a 6-bed, 3-bath, 2,892 sqft multi-family home built in 1913.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of DORE

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.