3440 Hawthorne Av $2,675,000


    3440 Hawthorne Av Salem, OR 97301

    SOLD 5/31/2022


    Market Estimate
    • 30 Beds
    • 20 Baths
    • Multi-Family
    • MLS# 786314
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    Views: 96

    Property Details

    Wonderful low maintenance complex with all 10 Units separately metered for water/sewer and power. All 10 units are 3 bed / 2 bath / 1175 square feet with 1 car attached garages. Great central Salem location with easy I-5 access & downtown. This property was constructed in 2007 and is filled with long term residents. Please do not disturb the residents. Steady tenant/rental history. All tenants are Current on Rents.

    • General Features
      • Property Use Type Investment
      • Suitable For Government Subsidized
      • Type Multi- (5+)
      • Home Warranty No
      • Dual Living Yes
      • Subdivision West Hollywood
      • Tax Amount 17750
      • Terms Cash, Conventional
      • Handicap Amenities No
      • Cross Street Silverton Rd
      • County Marion
      • Unit Types Town Home
      • Year Built 2007
    • Building Features
      • Dining Area (Combination)
      • Laundry W/D Hookup
      • Fenced Yard Partial
      • Flooring Carpet, Vinyl
      • Dishwasher Yes
      • Water Heater Electric
      • Siding Fiber Cement
      • Roof Composition
      • Total Bathrooms 20
      • Total Beds 30
      • Unit 1 Baths 2
      • Unit 1 Bedrooms 3
      • Number of Units 10
      • Refrigerator Refrigerator Included
      • High Speed Communication Access Available
      • Heating Zonal
      • Foundation Continuous
    • Property Features
      • Acres 0.64
      • Outbuildings Shed
      • Lot Type Common Area
      • New Construction No
      • Maintenance 8000
      • Landscape Yes
      • Flood Plain Unknown
      • Water City
      • Sewer City
      • Range Facility Electric
    • Schools
      • Elementary School Hallman
      • Middle School Waldo
      • High School McKay


    97301 (Salem) Demographics

    33 Median Age
    4,886 Population Density (per sq. mile)
    25% College Educated
    $45,959 Estimated Median Income
    8,297 Estimated Total Home Owners
    11,013 Estimated Total Renters
    43% / 57% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    57,194 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $375,000 Median Sales Price
    93 Homes Sold
    133 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source: Multiple Listing Service New Value: $2,900,000 8.41%
        5/31/2022 12:00:00 AM Sold Source: Multiple Listing Service New Value: $2,675,000 -2.73%
        5/26/2022 3:43:20 PM Status Changed Source: Multiple Listing Service New Value: ACTIVE UNDER CONTRACT
        1/28/2022 11:58:14 AM Price Reduced Source: Multiple Listing Service New Value: $2,750,000
        MLS Logo 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.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.