Single level duplex - 3 bedrooms - 1 bath on one side and 2 bedrooms 1 bath on the other. Fully applianced kitchens - single attached garages with washer/dryer hookup. Great South Salem location right next to Battlecreek Elementary and Battlecreek Park.
Tenant occupied. Will work with Agents; finders fee of $4,000. No HOA, No CC&R's.
Sold for $500,000
$500,000
1547 Madras St SE, Salem, OR 97306
5beds
1,928sqft
MultiFamily
Built in 1976
-- sqft lot
$521,400 Zestimate®
$259/sqft
$1,696 Estimated rent
Home value
$521,400
$495,000 - $547,000
$1,696/mo
Zestimate® history
Owner options
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$1,696/mo
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$1,696/mo
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$2,988/mo
Est. payment
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$2,988/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Radiant, Electric
Cooling
- None
Appliances
- Included: Dishwasher, Garbage disposal, Range / Oven, Refrigerator
Features
- Flooring: Carpet, Linoleum / Vinyl
- Basement: None
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,928 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Detached, Off-street, On-street
Features
- Exterior features: Cement / Concrete
- Has view: Yes
- View description: Park
Lot
- Size: 6,969 sqft
Details
- Parcel number: 573978
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1976
Community & neighborhood
Location
- Region: Salem
Price history
| Date | Event | Price |
|---|---|---|
| 11/22/2023 | Sold | $500,000+81.2%$259/sqft |
Source: Public Record Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/21/2017 | Sold | $276,000$143/sqft |
Source: Public Record Report a problem | ||
| 5/15/2017 | Price change | $276,000+6.2%$143/sqft |
Source: Owner Report a problem | ||
| 5/15/2017 | Pending sale | $260,000$135/sqft |
Source: Owner Report a problem | ||
| 5/10/2017 | Listed for sale | $260,000$135/sqft |
Source: Owner Report a problem | ||
| 5/8/2017 | Pending sale | $260,000$135/sqft |
Source: Owner Report a problem | ||
| 5/1/2017 | Listed for sale | $260,000+57.7%$135/sqft |
Source: Owner Report a problem | ||
| 2/17/2015 | Sold | $164,857+77.3%$86/sqft |
Source: Public Record Report a problem | ||
| 11/6/2014 | Listed for sale | $93,000$48/sqft |
Source: HomeSearch.com Realty Services Inc #680820 Report a problem | ||
| 9/12/2014 | Listing removed | $93,000$48/sqft |
Source: HomeSearch.com Realty Services Inc #680820 Report a problem | ||
| 8/22/2014 | Listed for sale | $93,000-62%$48/sqft |
Source: HomeSearch.com Realty Services Inc #680820 Report a problem | ||
| 9/7/2006 | Sold | $245,000+23.1%$127/sqft |
Source: Public Record Report a problem | ||
| 1/4/2006 | Sold | $199,000$103/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,158 +7.8% | $251,060 +3% |
| 2024 | $4,786 +3% | $243,750 +6.1% |
| 2023 | $4,645 +2.9% | $229,770 |
| 2022 | $4,515 +2.9% | $229,770 +3% |
| 2021 | $4,386 +3% | $223,080 +6.1% |
| 2020 | $4,258 +3.6% | $210,290 |
| 2019 | $4,109 +1.3% | -- |
| 2018 | $4,056 | -- |
| 2017 | $4,056 +16.3% | -- |
| 2016 | $3,487 | -- |
| 2015 | $3,487 +18.6% | -- |
| 2014 | $2,940 +8.1% | -- |
| 2013 | $2,720 | -- |
| 2012 | $2,720 +4.5% | -- |
| 2011 | $2,602 +4.2% | $138,970 +6.1% |
| 2010 | $2,497 +1.1% | $131,000 |
| 2009 | $2,469 +6% | $131,000 +3% |
| 2008 | $2,329 +3.3% | $127,190 |
| 2007 | $2,256 +1.7% | -- |
| 2006 | $2,219 +2% | -- |
| 2005 | $2,175 -0.4% | -- |
| 2004 | $2,184 +4.9% | -- |
| 2003 | $2,083 +2.5% | -- |
| 2002 | $2,033 +3.1% | -- |
| 2001 | $1,971 +3.2% | -- |
| 2000 | $1,910 | -- |
Find assessor info on the county website
Neighborhood: South Gateway
Nearby schools
GreatSchools rating
- 3/10Battle Creek Elementary SchoolGrades: K-5Distance: 0.1 mi
- 6/10Judson Middle SchoolGrades: 6-8Distance: 1.8 mi
- 6/10Sprague High SchoolGrades: 9-12Distance: 2.9 mi
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Estimated market value
$521,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$521,400
- Oregon
- Marion County
- Salem
- 97306
- South Gateway
- 1547 Madras St SE
