Sold
Last Sold Price
5,280 sqft$123/sqft
381 State St, Unit 3, Salem, OR 97301
2,614 sq ftLot Size
1860Year Built
$123/sq ftPrice per sq ft
Listing closed: 01/28/2025 04:00 AM

Recent comparable sales

Median sold price

$725,000

Salem, OR

9 comparable properties found

1

$700,000

Sold 08/03/26

Unavailable
Bedrooms
Unavailable
Bathrooms
4,928
Square Feet
0.45
Acres
2

$600,000

Sold 06/15/26

Unavailable
Bedrooms
Unavailable
Bathrooms
4,692
Square Feet
0.19
Acres
3

$725,000

Sold 09/03/25

Unavailable
Bedrooms
Unavailable
Bathrooms
6,000
Square Feet
0.24
Acres
4

$570,000

Sold 07/31/26

Unavailable
Bedrooms
Unavailable
Bathrooms
4,340
Square Feet
1.14
Acres
5

$625,000

Sold 03/23/26

Unavailable
Bedrooms
Unavailable
Bathrooms
4,416
Square Feet
0.62
Acres
6

$875,000

Sold 07/14/26

Unavailable
Bedrooms
Unavailable
Bathrooms
4,572
Square Feet
0.12
Acres
7

$770,000

Sold 04/27/26

Unavailable
Bedrooms
Unavailable
Bathrooms
5,824
Square Feet
0.55
Acres
8

$875,000

Sold 12/01/25

Unavailable
Bedrooms
Unavailable
Bathrooms
5,481
Square Feet
0.32
Acres
9

$750,000

Sold 02/20/25

Unavailable
Bedrooms
Unavailable
Bathrooms
26,665
Square Feet
0.41
Acres

Location

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Payment Calculator

$3,746 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,304

Property Taxes

$442

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 381 State Street, Unit 3

Property Details
  • MLS Type: Sale / Commercial / OFFICE BUILDING
Building Information
  • Stories: 1
  • Year Built: 1860
  • Lot Size: 0.06 AC / 2,614 SF

Property History for 381 State Street, Unit 3

DateEvent & SourcePriceAppreciation
Jan 28, 2025

Sold (Public Record)

Public Record #1550168150

$650,000

+4.6% / yr

Sep 22, 2007

Sold (Public Record)

Public Record #226787275

$300,000
DateEvent & SourcePrice
01/28/2025

Sold (Public Record)

Public Record #1550168150

$650,000

+4.6% / yr

09/22/2007

Sold (Public Record)

Public Record #226787275

$300,000

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

Public Records for 381 State Street, Unit 3

Taxable ValueLand-Additions-Total-
Tax Record2025$5,301 ($442 / month)
Home Facts
Total Finished SqFt5,280 SqFtAbove Grade Finished SqFt5,280 SqFtStories1Lot Size2,614 SqFtStyleOffice BuildingYear Built1860Year Renovated1860ZoningCBCountyMARIONAPN589233

Schools near 381 State Street, Unit 3

This home is within Salem-Keizer School District 24j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Bush Elementary School
PublicK to 5

Leslie Middle School
Public6 to 8

South Salem High School
Public9 to 12

Howard Street Charter School
Charter6 to 8

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 381 State Street, Unit 3, Salem, OR 97301
$650,000
5,280
2,614
17,169
9,583
3,219
3,485
$1,031,529
6,630
3,485
$3,100,000
24,300
8,276
17,880
9,148

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.

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: