Investor Opportunity! Modernized & completely renovated 1911 home with additional dwelling unit (ADU): The main residence offers 1,432 sq ft with 3 bedrooms and 2 bathrooms, while the detached ADU provides 735 sq ft of open-concept living; with 2 bedrooms and 1 bathroom. Both units are fully rented with tenants. The home and ADU were taken down to the studs and are all new, the finishes are stunning. Refer to #840087.
For sale
Listed by: Berkshire Hathaway Homeservices R E Prof • KIMBERLY LEIGHTY • Contact: 503-510-9036
Price cut: $5K (6/24)
$540,000
494 17th St SE, Salem, OR 97301
5beds
2,167sqft
Single Family Residence
Built in 1911
6,000 Square Feet Lot
$531,400 Zestimate®
$249/sqft
$-- HOA
What's special
- 74 days |
- 208 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
KIMBERLY LEIGHTY Cell:503-510-9036,
Berkshire Hathaway Homeservices R E Prof
Source: WVMLS,MLS#: 840060
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
Primary bedroom
- Level: Main
Bedroom 2
- Level: Upper
Bedroom 3
- Level: Upper
Bedroom 4
- Level: Main
Dining room
- Features: Area (Combination)
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Ductless/Mini-Split
Appliances
- Included: Dishwasher, Disposal, Electric Range, Gas Range, Electric Water Heater
- Laundry: Main Level
Features
- Walk-in Pantry
- Flooring: Carpet
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,167
- Total interior livable area: 2,167 sqft
Video & virtual tour
Property
Parking
- Parking features: No Garage
Features
- Levels: One,Two
- Stories: 1
- Fencing: Fenced
Lot
- Size: 6,000 Square Feet
- Features: Landscaped
Details
- Parcel number: 568450
- Zoning: RS
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Fiber Cement, Lap Siding
- Foundation: Continuous
- Roof: Composition
Condition
- New construction: No
- Year built: 1911
Utilities & green energy
- Electric: 1/Main
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Capital Park Add Am
HOA
- Has HOA: No
Location
- Region: Salem
Financial & listing details
- Price per square foot: $249/sqft
- Annual tax amount: $2,978
- Price range: $540K - $540K
- Date on market: 4/22/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: VA Loan,Cash,ODVA,FHA,Conventional
- Exclusions: Tenant's belongings
Estimated market value
$531,400
$505,000 - $558,000
$3,103/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Price change | $540,000-0.9%$249/sqft |
Source: | ||
| 4/22/2026 | Listed for sale | $545,000$251/sqft |
Source: | ||
| 8/21/2025 | Listing removed | $545,000$251/sqft |
Source: Berkshire Hathaway HomeServices Real Estate Professionals #827320 Report a problem | ||
| 8/12/2025 | Pending sale | $545,000$251/sqft |
Source: BHHS broker feed #827320 Report a problem | ||
| 8/12/2025 | Listed for sale | $545,000$251/sqft |
Source: Berkshire Hathaway HomeServices Real Estate Professionals #827320 Report a problem | ||
| 8/6/2025 | Listing removed | $545,000$251/sqft |
Source: | ||
| 8/4/2025 | Listing removed | $4,200$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/21/2025 | Listed for rent | $4,200$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/11/2025 | Price change | $545,000-2.7%$251/sqft |
Source: | ||
| 7/7/2025 | Price change | $560,000-2.6%$258/sqft |
Source: | ||
| 6/18/2025 | Price change | $575,000-4.2%$265/sqft |
Source: | ||
| 5/16/2025 | Listed for sale | $599,900+263.6%$277/sqft |
Source: | ||
| 2/12/2024 | Sold | $165,000-41.1%$76/sqft |
Source: | ||
| 1/23/2024 | Pending sale | $280,000$129/sqft |
Source: | ||
| 1/18/2024 | Listed for sale | $280,000$129/sqft |
Source: | ||
| 12/19/2023 | Listing removed | -- |
Source: | ||
| 12/8/2023 | Price change | $280,000-6.7%$129/sqft |
Source: | ||
| 11/21/2023 | Listed for sale | $300,000$138/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Southeast Salem
Nearby schools
GreatSchools rating
- 5/10Richmond Elementary SchoolGrades: K-5Distance: 0.5 mi
- 5/10Leslie Middle SchoolGrades: 6-8Distance: 2.1 mi
- 5/10South Salem High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Richmond
- 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
- 97301
- Southeast Salem
- 494 17th St SE






