For Sale42d on market

1195-1197 Shipping St NE

Salem, OR, 97301 • Grant • Marion County

$525,000

$160/sqft

Down payment assistance available

6Beds

3Baths

3,282Sqft

0.14 acLot

2004Built

Property DNA

2 highlights

Capital Street Addition

Grant

Outdoor Living

Deck

This home is getting attention

Listed 42 days ago · 487 views · 13 saves

Market activity

Demand and pricing signals for this listing

487 views

People checking out this listing

13 saves

Buyers have saved this home

42 days on market

Established listing

$160/sqft

Price per square foot

Selling Soon Prediction

High

This home ranks in the top 26% of listings most likely to go under contract soon, based on market activity and demand signals.

Likelihood score

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About this home

Multi Family · Built 2004

Large nice units. Each has a deck off the dining area. Inside laundry area. 1 has attached garage, other garage close for convenience. Bedrooms upstairs with full bath. 1/2 bath downstairs. Private back deck area for each unit. Convenient great room space downstairs. All bedrooms upstairs with bath. Needs a little TLC but a great opportunity. Live in one side, rent out the other for extra income.

Standout features identified

Our analysis highlights garage close for convenience, inside laundry area, and attached garage as key attractions of this home.

Estimated monthly payment

Based on current rates

$3,334/month

Principal & Interest$2,634

Property Tax$525

Insurance$175

Down payment20% ($105,000)

3%50%

Est. 6.43% rate · 30yr fixed · $420,000 loan

Full calculator →

At a glance

Key facts and listing details

TypeDuplex

Year Built2004

HeatingElectric, Baseboard

Parking1 car garage

Days on Zillow42 Days

Price/sqft$160

Property

Home typeMulti Family

Sub-typeDuplex

Year built2004

Systems

HeatingElectric, Baseboard

RoofComposition,Shingle

ConstructionLap Siding

Water / SewerPublic / Public Sewer

Parking & Outdoor

Parking1 car garage

FencingPartial

Lot6,000 sqft

Location & Tax

NeighborhoodGrant

ZoningRM2

Annual tax$4,999

Features & details

7 categories of property features

Interior Features

Appliances

Dishwasher

Disposal

Electric Range

Range Included

Electric Water Heater

Refrigerator

Flooring

Carpet

Laminate

Heating

Electric

Baseboard

Laundry

W/D Hookup

Exterior Features

Parking

1 car garage

Construction

Lap Siding

Patio & Porch

Deck

Room details

1 room detailed

Dining Room

Area (Combination)

Listing insights

Market data and value estimates

StatusFor Sale

Days on market42

Est. value$524,300

Est. rent$1,740/mo

Tax rate0.81%

Price/sqft$160

On marketFeb 12, 2026

PostedFeb 12, 2026

MLS updatedMar 11, 2026

Tour days9

Favorites13

How are the schools in Salem?

3 schools rated nearby

Grant Community School

Elementary • Public • K-5

0.4 mi

Parrish Middle School

Middle • Public • 6-8

0.5 mi

North Salem High School

High • Public • 9-12

0.5 mi

Location

Salem, OR, 97301

Expand map

Price history

1 event

DateEventPrice$/sqftSource

Feb 12, 2026Listed For Sale$525,000$160WVMLS

Listed For Sale$525,000

Feb 12, 2026•$160/sqft•WVMLS

Nearby homes

Off Market

$523,600

6 bd3.5 ba2,688 sqft

1197 Shipping St NE, Salem, OR

Off Market

$556,100

6 bd4 ba2,560 sqft

1187 Shipping St NE, Salem, OR

Off Market

$307,100

3 bd2 ba1,350 sqft

1187 Shipping St NE #1187, Salem, OR

Off Market

$307,100

3 bd2 ba1,350 sqft

1185 Shipping St NE #1185, Salem, OR

Off Market

$307,100

3 bd2 ba1,350 sqft

1185 Shipping St NE, Salem, OR

Recently Sold

$334,000

4 bd1 ba1,260 sqft

1165 Shipping St NE, Salem, OR

Off Market

$482,500

3 bd1.5 ba1,280 sqft

1192 Shipping St NE, Salem, OR

Off Market

$278,500

3 bd1 ba960 sqft

1525 Baker St NE UNIT A, Salem, OR

Neighborhood details

Local context around this listing

Salem, OR • Marion County

Nearby neighborhoods

East LancasterFaye WrightFour CornersHayesvilleMorningsideNorth LancasterNorthgateSouth GatewaySoutheast Mill CreekWest Salem

Nearby cities

AumsvilleAuroraHubbardJeffersonKeizerSalemSilvertonStayton

Nearby zip codes

97301973029730497305973069730897309973109731297317

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Value estimates

Live

Est. value$524,300

Est. rent$1,740/mo

30yr rate est.6.43%

Affordability$3,153/mo

Accepted financing

FHAVA LoanCashConventional1031 Exchange

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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.

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