Large duplex in South Salem with many updates! Units consist of 3 bed, 2.5 baths each side. Stainless appliances, custom cabinets, and granite counter tops in kitchen. Each yard is fully fenced for pets, large driveway off street for additional tenant parking. 407 is currently rented at $2195/mo on year lease. 409 is $2295. Duplex is professionally managed. Property is conveniently located close to bus lines, shopping and freeway access!
Pending
Listed by: Real Broker • ERIC PETERSON • Contact: Cell: 503-881-1264
$750,000
409 Madrona Ave SE, Salem, OR 97302
6beds
5baths
2,914sqft
Duplex
Built in 2012
-- sqft lot
$-- Zestimate®
$257/sqft
$-- HOA
What's special
Custom cabinetsStainless appliances
- 66 days
- 14
- 1
Zillow last checked:
Listing updated:
Listed by:
ERIC PETERSON Cell:503-881-1264,
Real Broker
Source: WVMLS,MLS#: 843731
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
Dining room
- Features: Area (Combination)
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Electric Range, Gas Water Heater, Refrigerator
Features
- High Speed Internet
- Flooring: Carpet, Laminate, Tile
- Has fireplace: No
Interior area
- Total structure area: 2,914
- Total interior livable area: 2,914 sqft
Property
Parking
- Parking features: Garage
Features
- Patio & porch: Patio
- Exterior features: Tan
- Fencing: Fenced
- Has view: Yes
- View description: Territorial
Lot
- Size: 7,264 Square Feet
- Features: Irregular Lot, Landscaped
Details
- Parcel number: 572741
- Zoning: Res
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Fiber Cement, Lap Siding
- Foundation: Continuous
- Roof: Composition
Condition
- New construction: No
- Year built: 2012
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Salem
Financial & listing details
- Price per square foot: $257/sqft
- Tax assessed value: $754,130
- Annual tax amount: $7,097
- Price range: $750K - $750K
- Date on market: 7/22/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Land Sales Contract,FHA,VA Loan,Cash,Conventional
- Inclusions: All appliances that are not tenant owned
- Total actual rent: 4490
Estimated market value
Not available
Estimated sales range
Not available
$1,771/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2026 | Pending sale | $750,000$257/sqft |
Source:  WVMLS #843731 Report a problem | ||
| 7/24/2026 | Listing removed | $2,295$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/22/2026 | Listed for sale | $750,000+145.1%$257/sqft |
Source: WVMLS #843731 Report a problem | ||
| 5/21/2026 | Price change | $2,295-4.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/11/2026 | Listed for rent | $2,395+4.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/1/2024 | Listing removed | $2,295$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/27/2024 | Price change | $2,295-8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/20/2024 | Listed for rent | $2,495$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/10/2024 | Listing removed | $2,495$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/9/2024 | Listed for rent | $2,495+16%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/24/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/3/2023 | Listed for rent | $2,150+38.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/5/2018 | Listing removed | $1,550$1/sqft |
Source: Crown Property Management, Inc. Report a problem | ||
| 3/28/2018 | Listed for rent | $1,550+29.7%$1/sqft |
Source: Crown Property Management, Inc. Report a problem | ||
| 11/18/2014 | Listing removed | $1,195 |
Source: Appfolio Report a problem | ||
| 11/5/2014 | Listed for rent | $1,195 |
Source: Crown Property Management, Inc. Report a problem | ||
| 5/17/2013 | Listing removed | $1,195 |
Source: Crown Property Management, Inc. Report a problem | ||
| 4/15/2013 | Listed for rent | $1,195 |
Source: Crown Property Management, Inc. Report a problem | ||
| 1/14/2013 | Sold | $306,000-4.1%$105/sqft |
Source: Public Record Report a problem | ||
| 8/15/2012 | Listed for sale | $319,000+608.9%$109/sqft |
Source: Coldwell Banker Mountain West Real Estate, Inc. #655913 Report a problem | ||
| 11/7/2011 | Sold | $45,000-10%$15/sqft |
Source: Public Record Report a problem | ||
| 7/16/2011 | Price change | $50,000-15.2%$17/sqft |
Source: Coldwell Banker Mountain West Real Estate, Inc. #612623 Report a problem | ||
| 6/9/2011 | Price change | $58,950-7.8%$20/sqft |
Source: Coldwell Banker Mountain West Real Estate, Inc. #612623 Report a problem | ||
| 10/8/2010 | Price change | $63,950-1.5%$22/sqft |
Source: Coldwell Banker Moutain West Real Estate, Inc. #612623 Report a problem | ||
| 8/4/2010 | Listed for sale | $64,900-40.9%$22/sqft |
Source: Coldwell Banker Moutain West Real Estate, Inc. #612623 Report a problem | ||
| 5/18/2009 | Sold | $109,756+15.5%$38/sqft |
Source: Public Record Report a problem | ||
| 2/8/2007 | Sold | $95,000$33/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,097 +7.8% | $345,460 +3% |
| 2024 | $6,585 +3% | $335,400 +6.1% |
| 2023 | $6,391 +2.9% | $316,160 |
| 2022 | $6,212 +2.9% | $316,160 +3% |
| 2021 | $6,035 +3% | $306,960 +6.1% |
| 2020 | $5,859 +3.6% | $289,340 |
| 2019 | $5,653 +1.3% | -- |
| 2018 | $5,581 | -- |
| 2017 | $5,581 +16.3% | -- |
| 2016 | $4,797 | -- |
| 2015 | $4,797 -0.7% | -- |
| 2014 | $4,834 +600.3% | -- |
| 2013 | $690 | -- |
| 2012 | $690 +4.5% | -- |
| 2011 | $660 +4.2% | $35,270 +6% |
| 2010 | $634 +1.1% | $33,260 |
| 2009 | $627 +6% | $33,260 +3% |
| 2008 | $592 -46.2% | $32,300 |
| 2007 | $1,100 +1.6% | -- |
| 2006 | $1,082 +2% | -- |
| 2005 | $1,061 -0.4% | -- |
| 2004 | $1,065 +4.9% | -- |
| 2003 | $1,016 +2.5% | -- |
| 2002 | $992 +3.1% | -- |
| 2001 | $962 +3.2% | -- |
| 2000 | $932 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Faye Wright
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