Rare opportunity to own two homes on one tax lot! Whether you're looking for multi-generational living, rental income, or a flexible investment, this property offers endless possibilities. The second home is currently operating as a fully furnished mid term rental, generating $2,500/month in income. Live in one home while offsetting your mortgage with the other, or keep both as income-producing properties. A unique setup with built in flexibility and earning potential! Seller is a licensed real estate agent
For sale
Listed by: Exp Realty, Llc • RICKY CEDILLO • Contact: 503-559-2489
Price cut: $19.1K (8/31)
$529,900
1530-1540 SE Salem Ave, Albany, OR 97321
3beds
1,716sqft
Single Family Residence
Built in 1895
0.66 Acres Lot
$526,800 Zestimate®
$309/sqft
$-- HOA
What's special
- 75 days
- 853
- 35
Zillow last checked:
Listing updated:
Listed by:
RICKY CEDILLO 503-559-2489,
Exp Realty, Llc
Source: WVMLS,MLS#: 842552
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Dining room
- Features: Formal
Heating
- Electric, Wall Furnace
Appliances
- Included: Dishwasher, Electric Range, Gas Range, Gas Water Heater
Features
- Breakfast Room/Nook, Loft, Mudroom, Office, Rec Room
- Flooring: Carpet, Laminate, Tile
- Basement: Full
- Has fireplace: Yes
- Fireplace features: Electric, Gas, Living Room
Interior area
- Total structure area: 1,716
- Total interior livable area: 1,716 sqft
Property
Parking
- Parking features: No Garage
Features
- Patio & porch: Deck
- Fencing: Fenced
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.66 Acres
- Features: Irregular Lot
Details
- Additional structures: Shed(s), RV/Boat Storage
- Zoning: Albany-RM
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- T111
- Foundation: Continuous
- Roof: Composition
Condition
- New construction: No
- Year built: 1895
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Allen and Hawkins
Location
- Region: Albany
Financial & listing details
- Price per square foot: $309/sqft
- Annual tax amount: $4,480
- Price range: $529.9K - $529.9K
- Date on market: 6/22/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Federal Land Bank,FHA,ODVA
- Inclusions: All personal property for 1540
Estimated market value
$526,800
$500,000 - $553,000
$2,346/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Price change | $529,900-3.5%$309/sqft |
Source:  WVMLS #842552 Report a problem | ||
| 8/7/2026 | Price change | $549,000-5.2%$320/sqft |
Source: WVMLS #842552 Report a problem | ||
| 7/14/2026 | Price change | $579,000-3.3%$337/sqft |
Source: WVMLS #842552 Report a problem | ||
| 6/22/2026 | Listed for sale | $599,000$349/sqft |
Source: WVMLS #842552 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Willamette
Nearby schools
Schools provided by the listing agent
- Elementary: Waverly
- Middle: Memorial
- High: West Albany
Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Similar homes
- $529,9003 bd2 ba1.7k sqft1540 Salem Ave SE, Albany, OR 97321For Sale
MLS ID #841986, RICKY CEDILLO, Exp Realty, Llc. WVMLS - $539,9004 bd3 ba1.7k sqft935 Springhill Dr NW, Albany, OR 97321For Sale
MLS ID #842696, ANDREA BEEM, Exp Realty, Llc. WVMLS - $425,0003 bd2 ba1.5k sqft224 Sherman St NE, Albany, OR 97321For Sale
MLS ID #843719, KATY ROSECRANS, Stellar Realty Northwest. WVMLS - $521,5004 bd3 ba1.9k sqft3331 NW Crest Loop, Albany, OR 97321For Sale
MLS ID #841249, WENDY CARPENTER MAJOR, Homesmart Realty Group - Albany. WVMLS - $572,5003 bd2 ba2.3k sqft705 5th Ave SW, Albany, OR 97321For SaleMLS ID #843672, BETH PEUTZ, Premiere Property Group, Llc Albany. WVMLS
- $585,0003 bd2 ba2k sqft1096 8th Ave SW, Albany, OR 97321For SaleMLS ID #844119, BILL RASCHKO, Re/Max Integrity Albany Branch. WVMLS
- $559,0004 bd3 ba1.7k sqft1319 NW Jordan Dr, Albany, OR 97321For SaleMLS ID #842996, TODD CLARK, Town & Country Sotheby's International Realty. WVMLS
- $440,0003 bd2 ba1.8k sqft4714 Willetta St SW, Albany, OR 97321For SaleMLS ID #843781, DAVE SMITH, Tradition Real Estate Partners. WVMLS
- $575,0003 bd3 ba2.1k sqft1200 NW Thorn Dr, Albany, OR 97321For SaleMLS ID #844092, MELISSA SCHUMACHER, Premiere Property Group, Llc Albany. WVMLS
- $590,0004 bd2 ba1.8k sqft4931 NW Dumbeck Ave, Albany, OR 97321For SaleMLS ID #844020, LAUREN MARTINEZ, Premiere Property Group, Llc Albany. WVMLS
- $675,0003 bd3 ba1.8k sqft1240 39th Ave SW, Albany, OR 97321For SaleMLS ID #844949, MELISSA SCHUMACHER, Premiere Property Group, Llc Albany. WVMLS
- $600,0004 bd3 ba2.2k sqft2344 Imperial Dr NW, Albany, OR 97321For SaleMLS ID #843628, DONNA JO MERRIFIELD, Epique Realty. WVMLS
- $635,0005 bd3 ba2.5k sqft733 Laurel Pl NW, Albany, OR 97321For SaleMLS ID #843099, AMANDA STIEHL, Realty One Group Willamette Valley. WVMLS
- $435,0003 bd2 ba1.2k sqft3521 Bernard Ave NE, Albany, OR 97322For SaleMLS ID #843904, KAITLIN HOBBS, Exp Realty, Llc. WVMLS
- $635,0003 bd3 ba1.8k sqft2909 S Shore Dr SE, Albany, OR 97322For SaleMLS ID #840695, ROBERT ARNOLD, Keller Williams Realty -Albany. WVMLS
- $465,0004 bd3 ba1.5k sqft2808 20th Ave SE, Albany, OR 97322For SaleMLS ID #843600, MARTY FULFORD, Fulhouse Realty Llc. WVMLS
- $599,9003 bd2 ba2.2k sqft2107 Grace Ave NW, Albany, OR 97321For SaleMLS ID #840620, JOEL GETSFRID, Keller Williams Realty Mid Willamette. WVMLS
- $444,9003 bd3 ba1.6k sqft2533 21st Ave SE, Albany, OR 97322For SaleMLS ID #836153, CHRISTIE PENDLEY, Re/Max Integrity Albany Branch. WVMLS
- $735,0003 bd2 ba1.3k sqft2832 NW Oak Grove Dr, Albany, OR 97321For SaleMLS ID #840965, CORRINDA GRAY, Exp Realty, Llc. WVMLS
