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2195 Audubon Ave SE, Salem, OR, 97302

12beds
12baths
5,985sqft
$1,295,000
$216price/sqft
$9,631/moest. monthly cost
$385,240/yrincome needed

About This Home

Distinctive 2024-built 6-plex within Pringle Creek Community — Salem's master-planned sustainable neighborhood featuring LEED-certified architecture, 12 acres of preserved common area, community gardens, and walking trails throughout 32 acres in South Salem. Modern building with 5,985 SF of leasable area on an 8,025 SF lot. All units are 2BR/2BA: four 892 SF units (101–104) and two 1,100 SF units (105–106); three include assigned storage. 100% leased to qualified tenants. Pro-forma 5.89% cap at list.

Getting Around

26
WalkingCar-Dependent
28
TransitSome Transit
58
BikeBikeable

Schools

8/10
5/10
Leslie Middle SchoolGrades 6-80.3 mi
5/10
South Salem High SchoolGrades 9-121.8 mi

Construction

Condition

  • Year built: 2024

Materials

  • Construction materials: Fiber Cement

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Washer/Dryer,Electric Range,Microwave,Range Included,Electric Water Heater,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 12

Dining Room

  • Features: Area (Combination)

Features

  • Other(Refer to Remarks)
  • Flooring: Carpet

Heating

  • Heating features: Ductless/Mini-Split,Electric

Interior Area

  • Total structure area: 5,985
  • Total interior livable area: 5,985 sqft

Property

Details

  • Parcel number: 341033
  • Zoning: FMU

Features

  • Has view: Yes
  • View description: Territorial

Lot

  • Lot size: 8,025 sqft
  • Features: Dimension Above,Landscaped

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Strong Wind
Heat Wave
Lightning
Winter Weather

FEMA Declared Disasters in Marion County and Oregon

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,548$78,576
Home Insurance *$308$3,696
Property Taxes $2,232$26,784
Electricity $543$6,517
Total$9,631$115,572
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$330,205/yr
40% on housing$288,930/yr
45% on housing$256,826/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.7%
6.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$216This listing

vs Other Active Listings

Avg $/sqft

ZIP 97302$237
Marion County$231

vs Homes Sold Last Month

Median $/sqft

ZIP 97302$247
Marion County$278

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-12Listed for sale$1,295,000

For Sale by Agent

AgentJAMES HAUGE
BrokerageLegacy Real Estate

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