13 units on busy Portland Road. Studio, 1-BR and 2-BR configurations. Most w/ carport. Numerous recent capital improvements including most roofs, siding, some interiors. Has performed well for out-of-town owners. 0.66 acres of land zoned IC
Christie Glennon Pinnick • Knightsbridge International Real Estate, LLC
See all
Provided by Redfin
Sale history for 3355 Portland Rd
Date
Event
Price
APPFOLIO #3
Apr 13, 2024
Rental Removed
$1,575
$0/sq ft
Apr 12, 2024
Listed for Rent
$1,575
$0/sq ft
APPFOLIO #1
Mar 14, 2024
Rental Removed
$1,025
$0/sq ft
Jan 26, 2024
Listed for Rent
$1,025
$0/sq ft
Dec 14, 2022
Rental Removed
—
APPFOLIO #2
Dec 14, 2023
Rental Removed
$1,795
$0/sq ft
Nov 16, 2023
Listed for Rent
$1,795
$0/sq ft
RMLS #17646096
May 8, 2018
Sold
$450,000
$88/sq ft
Feb 2, 2018
Pending
—
Oct 22, 2017
Pending
—
Oct 16, 2017
Listed
$495,000
$97/sq ft
Oct 16, 2017
Relisted
—
Public Records
Jul 29, 2009
Sold
$120,000
$24/sq ft
Public Records
Jul 22, 1976
Sold
$97,500
$19/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$19,395 (+7.8%)
2024
$17,996 (+6.2%)
2023
$16,942 (+2.9%)
2022
$16,468 (+22.6%)
2021
$13,430 (+106.6%)
2020
$6,499 (+3.6%)
2019
$6,271 (−1.7%)
2018
$6,382 (+10.8%)
2017
$5,760 (+5.0%)
2016
$5,486 (−0.7%)
2015
$5,527 (+3.3%)
2014
$5,349 (+2.1%)
2013
$5,240
Tax history for 3355 Portland Rd
Year
Property tax
Land + Additions
Assessment*
2025
$19,395 (+7.8%)
2024
$17,996 (+6.2%)
2023
$16,942 (+2.9%)
2022
$16,468 (+22.6%)
2021
$13,430 (+106.6%)
2020
$6,499 (+3.6%)
2019
$6,271 (−1.7%)
2018
$6,382 (+10.8%)
2017
$5,760 (+5.0%)
2016
$5,486 (−0.7%)
2015
$5,527 (+3.3%)
2014
$5,349 (+2.1%)
2013
$5,240
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
0.66 Acres
Year renovated
—
Sq. Ft.
6,697
Year built
1934
Style
Multi-Family (5+ Unit)
County
Marion County
APN
526060
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 31, 2026.
IC
Industrial Commercial Zone
The purpose of the Industrial Commercial (IC) Zone is to implement the industrial commercial designation of the Salem Area Comprehensive Plan through the identification of allowed uses and the establishment of development standards. The IC zone generally allows a wide variety of retail, office, heavy commercial, light manufacturing, and warehousing activities.
Permitted uses
Include but are not limited to:
General retail
Restaurant
Housing-Single unit
Housing-Multiple units
Housing-Senior
Industrial
Manufacturing
Self-Storage / mini-Storage
Warehouse
Office
Property details
Parking
Parking Information
Parking Features: Assigned, Carport
Parking Total: 13
Interior
Multi Unit Information
# Of Units Total: 13
Unit Information
Unit Type: 1, 2, 3
Unit Type 1 Information
Actual Rent: $900
Area: 1,083
Baths Total: 1
Beds Total: 3
Units Total: 1
Unit Type 2 Information
Actual Rent: $687
Area: 560
BathsTotal: 1
Beds Total: 2
Units Total: 1
Unit Type 3 Information
Actual Rent: $495
Area: 302
Baths Total: 1
Units Total: 11
Exterior
Exterior Features
Roof: Other
Exterior Description: Brick, Lap Siding
Lot Information
Lot Size Range: 20,000 SqFt to .99 Acres
Lot Size: 20,000 SqFt to .99 Acres
Lot Features: Level
Parcel Number: 526060
Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Updated/Remodeled
View YN: No
Building Information
Year Built: 1934
Building Area Total: 5,093
Financial
Tax Information
Tax Legal Description: ACRES 0.66
Tax Annual Amount: $5,486.24
Rent Information
Rent Includes: Electricity, Heat, Maintenance Grounds, Sewer, Trash Collection, Water
Lease / Rent Information
CAP Rate: 8.83
Gross Rent Multiplier: 5.87
Utilities
Utility Information
Green Certification YN: No
Fuel Description: Electricity
Water Source: Public Water
Sewer: Public Sewer
Heating & Cooling
Heating YN: Yes
Heating: Baseboard
Cooling YN: No
Location
Location Information
Directions: Portland Road NE - near Bill Frey Drive
Unparsed Address: 3355 PORTLAND RD, Salem, OR 97301
Community Information
Zoning: IC
Public facts
Beds: —
Baths: —
Sq. Ft.: 6,697
Stories: 1.0
Lot Size: 0.66 acres
Style: Multi-Family (5+ Unit)
Year Built: 1934
Year Renovated: —
County: Marion County
APN: 526060
Home facts updated by county records on Aug 31, 2026
Other
Listing Information
MlsStatus: Sold
Listing Price Information
Price Type: List Price
Around this home
Schools
Grant Community School
Public K-5 • Assigned • 1.7mi
6/10
Parrish Middle School
Public 6-8 • Assigned • 1.9mi
3/10
North Salem High School
Public 9-12 • Assigned • 1.9mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
Salem’s market is slower, with prices relatively steady and homes taking longer to sell. Sellers need competitive pricing, while buyers may have more time to decide and room to negotiate on price, closing costs, or repairs.