Versatile and updated South Salem home with strong income potential. 1,848 SF with separate upper and lower living spaces ideal for owner occupancy, multi generational living, or rental use. Main level features 2 bedrooms and spacious remodeled kitchen. Lower level includes separate entrance, small kitchen, living area, bedroom, and bonus room. Updated roof, paint, windows, and electrical. Insulated powered shop/shed plus garden shed. Documented rental income approx. $3,700/month the past two years.
For sale
Listed by: Homesmart Realty Group • SCOTT MANNING • Contact: 503-949-6347
$495,900
2550 Summer St SE, Salem, OR 97302
3beds
1,848sqft
Single Family Residence
Built in 1930
6,180 Square Feet Lot
$-- Zestimate®
$268/sqft
$-- HOA
What's special
- 25 days |
- 853 |
- 41 |
Zillow last checked:
Listing updated:
Listed by:
SCOTT MANNING Cell:503-949-6347,
Homesmart Realty Group
Source: WVMLS,MLS#: 842050
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Dining room
- Features: Area (Combination)
Appliances
- Included: Dishwasher, Disposal
Features
- Office
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 1,848
- Total interior livable area: 1,848 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Fencing: Fenced
Lot
- Size: 6,180 Square Feet
- Dimensions: 103 x 60
Details
- Parcel number: 073W34DA05300
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1930
Community & HOA
Location
- Region: Salem
Financial & listing details
- Price per square foot: $268/sqft
- Tax assessed value: $227,310
- Annual tax amount: $3,400
- Price range: $495.9K - $495.9K
- Date on market: 6/9/2026
- Listing agreement: Exclusive Agency
- Inclusions: All Appliances, Downstairs furniture
Estimated market value
Not available
Estimated sales range
Not available
$2,061/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/9/2026 | Listed for sale | $495,900+224.1%$268/sqft |
Source:  WVMLS #842050 Report a problem | ||
| 6/5/2015 | Sold | $153,000$83/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2018 | $2,708 +1.3% | -- |
| 2017 | $2,674 +16.3% | -- |
| 2016 | $2,299 | -- |
| 2015 | $2,299 +21.9% | -- |
| 2014 | $1,885 +4.6% | -- |
| 2013 | $1,802 | -- |
| 2012 | $1,802 +4.5% | -- |
| 2011 | $1,724 +4.2% | $92,070 +6.1% |
| 2010 | $1,654 +1.1% | $86,800 |
| 2009 | $1,636 +6% | $86,800 +3% |
| 2008 | $1,543 +3.3% | $84,280 |
| 2007 | $1,495 +1.7% | -- |
| 2006 | $1,470 -3.1% | -- |
| 2005 | $1,518 -0.4% | -- |
| 2004 | $1,524 -7.1% | -- |
| 2003 | $1,641 +2.5% | -- |
| 2002 | $1,601 +3.1% | -- |
| 2001 | $1,553 +3.2% | -- |
| 2000 | $1,505 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: South Central
Nearby schools
GreatSchools rating
- 4/10Mckinley Elementary SchoolGrades: K-5Distance: 0.3 mi
- 5/10Leslie Middle SchoolGrades: 6-8Distance: 1.3 mi
- 5/10South Salem High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: McKinley
- Middle: Leslie
- High: South Salem
Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Marion County
- Salem
- 97302
- South Central
- 2550 Summer St SE
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