$3,899,000

2540 - 2594 Lee St SE Salem, OR 97301

Northeast Salem Neighborhood

Estimated payment $23,671/month

Total Views 219
94 Beds
36 Baths
33,128 Sq Ft
$118 Price per Sq Ft

Highlights

  • 1.66 Acre Lot
  • Forced Air Heating System
  • Dining Area
  • Landscaped
  • High Speed Internet
  • Carpet

About This Home

Shelton Village is comprised of 28 units with large 3bed/1bath, 4bed/2bath, 5bed/2bath quad style townhouse layouts. Shelton Village has spacious grounds, and adequate off-street parking with 38 standard/5 handicap spaces available to the residents. Additional photos of the unit interiors available upon request. Please DO NOT disturb the tenants.

Listing Agent

Chris Salaz

SMI REAL ESTATE License #201214894 Listed on: 08/25/2025

SMI REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,600

Year Built

  • Built in 1972

Lot Details

  • 1.66 Acre Lot
  • Landscaped

Home Design

  • Quadruplex
  • Composition Roof
  • Aluminum Siding
  • T111 Siding

Interior Spaces

  • 33,128 Sq Ft Home
  • Dining Area
  • Gas Range
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 94 Bedrooms
  • 36 Bathrooms

Location

  • Flood Zone Lot

Schools

  • Richmond Elementary School
  • Leslie Middle School
  • South Salem High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 7 & 8 / G

Community Details

Overview

  • 27 Units
  • Shelton Village Community
  • Simpson's Addition Subdivision

Building Details

  • Electric Expense $3,228
  • Fuel Expense $995
  • Trash Expense $17,660
  • Water Sewer Expense $5,357

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,600

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Multi- (5+)
  • Range Facility: Gas
  • Syndicated Remarks: Shelton Village is comprised of 28 units with large 3bed/1bath, 4bed/2bath, 5bed/2bath quad style townhouse layouts. Shelton Village has spacious grounds, and adequate off-street parking with 38 standard/5 handicap spaces available to the residents. Additional photos of the unit interiors available upon request. Please DO NOT disturb the tenants.
  • Cross Street: 25th St SE
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 36
  • Total Bedrooms: 94
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 117.7
  • Price Per Sq Ft: 117.7

Exterior Features

  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Aluminum
  • Siding Style: T111

Utilities

  • Heating: Gas, Forced Air
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Gas
  • Electric: 3228
  • Garbage: 17660
  • Gas: 995
  • Sewer: City
  • Water/Sewer: 5357

Schools

  • Elementary School: Richmond
  • Middle School: Leslie
  • High School: South Salem

Lot Info

  • Acres: 1.66
  • Flood Plain: Yes
  • Lot: 7 & 8
  • Lot Type: Common Area
  • Price Per Acre: 2348795.18
  • Zoning: RM2
  • Property Name: Shelton Village

Tax Info

  • Tax Years: 2024
  • Tax Account Number: 590321
  • Tax Amount: 29600

Multi Family

  • Unit Types: Quad/Shared, Town Home
  • Number Of Units: 27

MLS Schools

  • HighSchool: South Salem
  • Middle School: Leslie
  • Elementary School: Richmond

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 For Sale $3,899,000 -- $118 / Sq Ft
Source: Willamette Valley MLS

Source: Willamette Valley MLS

MLS Number: 832998

Willamette Valley MLS
Oregon Marion County Salem 97301 Northeast Salem

2540 - 2594 Lee St SE, Salem, OR

This home is located at 2540 - 2594 Lee St SE, Salem, OR 97301 and is currently priced at $3,899,000, approximately $117 per square foot. This property was built in 1972. 2540 - 2594 Lee St SE is a home located in Marion County with nearby schools including Richmond Elementary School, Leslie Middle School, and South Salem High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Willamette Valley MLS Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson

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Chris Salaz
Listing Agent
Chris Salaz
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SMI REAL ESTATE
(503) 374-9939