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1155 Howard St, Salem, OR 97302

$1,650,000

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Property Description

Oxford Apartments is a two-story, ten-unit complex sitting on .34 acres in a quiet and desirable South Salem neighborhood. Built in 1962, the Property features nine one-bedroom/one-bathrooms units and a single two-bedroom/one-bathroom unit. Ownership of the property has remained stable since the 1970s, contributing to its exceptional upkeep. Current rents are still 12% below market rates. Recent improvements include all new paint in 2024 and new roof in 2018. Don't miss out on this opportunity!

1155 Howard St | MLS# 663665969

This multi-family property located at 1155 Howard St, Salem, OR 97302 is currently listed for sale with an asking price of $1,650,000. Search Salem real estate on www.williamraven.realtor today.

Property Features

Property Type: Multi Unit - Multiple
Fuel Type: Electricity
Heating: Baseboard
Roof Type: Composition
Stories: 2.0
Taxes: $9,472
Year Built: 1962
Square Feet: 10,774

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 1
Rent: $1132.00
Square Footage: 750
Total Units: 9
Unit Type 2:
Bathroom(s): 1
Bedrooms: 2
Rent: $1350.00
Square Footage: 865
Total Units: 1

Feature Descriptions

Days on Site: 290
Exterior: Wood Siding
Gross Income: $135843.00 (Actual)
Net Income: $86007.00 (Actual)
Operating Expenses: $49836.00 (Actual)
Sewer: Public Sewer
Units: 10
Water: Public Water

Local Schools

Middle School: Leslie

Listed By / Shown By

Listed By

Agency Name: Bridge Creek Realty
Agency Phone: 503-508-0131

Shown By

Agent Name: William Raven Broker
Agent Phone: (541) 280-9701
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 9,613.88 per month $8,343.30 Principal & Interest $789.33 Property Tax $481.25 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/03/2026. The listing information on this page last changed on 03/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 03/03/2026 12:04:50 AM EST) or RMLS (last updated Mon 03/02/2026 11:58:17 PM EST) or COAR/MLSCO (last updated Tue 03/03/2026 12:01:16 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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 other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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