315 15th St SE Salem, OR 97301
Southeast Salem NeighborhoodEstimated payment $2,862/month
Highlights
- Living Room with Fireplace
- Breakfast Area or Nook
- High Speed Internet
- Territorial View
- Forced Air Heating System
- Dining Area
About This Home
Solid investment opportunity with an available 4.65% rate and soon to be new roof! Just a few blocks from Willamette University, Bush Elementary, and the Amtrak station, this property offers unbeatable convenience and strong rental potential. The main level generates $2,200 monthly, while the finished basement brings in $1,300, creating steady income from day one. With its prime location, versatile layout, and available low rate, this property is a great choice for investors or those looking for multi-generational living.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,041
Year Built
- Built in 1901
Lot Details
- 6,300 Sq Ft Lot
- Irregular Lot
Home Design
- Duplex
- Composition Roof
- Cedar Siding
- Shake Siding
Interior Spaces
- 2,272 Sq Ft Home
- Living Room with Fireplace
- Dining Area
- Territorial Views
- Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Breakfast Area or Nook
- Electric Range
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Schools
- Bush Elementary School
- Leslie Middle School
- South Salem High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
- High Speed Internet
Community Details
- 2 Units
- University Addition Subdivision
Listing and Financial Details
- Exclusions: Tenant belongings
- Legal Lot and Block 1 / 39
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,041 | $159,540 | -- | -- |
| 2024 | $3,041 | $154,900 | -- | -- |
| 2023 | $2,952 | $150,390 | $0 | $0 |
| 2022 | $2,783 | $146,010 | $0 | $0 |
| 2021 | $2,704 | $141,760 | $0 | $0 |
| 2020 | $2,706 | $137,640 | $0 | $0 |
| 2019 | $2,611 | $133,640 | $0 | $0 |
| 2018 | $2,577 | $0 | $0 | $0 |
| 2017 | $2,326 | $0 | $0 | $0 |
| 2016 | $2,216 | $0 | $0 | $0 |
| 2015 | $2,233 | $0 | $0 | $0 |
| 2014 | $2,161 | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/06/2025 10/06/25 | For Sale | $495,000 | +59.7% | $218 / Sq Ft | |
| 06/10/2021 06/10/21 | Sold | $310,000 | 0.0% | $121 / Sq Ft | View Prior Sale |
| 05/17/2021 05/17/21 | Pending | -- | -- | -- | |
| 05/17/2021 05/17/21 | Price Changed | $310,000 | 0.0% | $121 / Sq Ft | |
| 05/17/2021 05/17/21 | For Sale | $310,000 | -6.1% | $121 / Sq Ft | |
| 05/12/2021 05/12/21 | Pending | -- | -- | -- | |
| 05/11/2021 05/11/21 | For Sale | $330,000 | -- | $129 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | -- | None Available | |
| Warranty Deed | $310,000 | Ticor Title Company Of Or | |
| Interfamily Deed Transfer | -- | Lsi |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $140,000 | New Conventional |
Source: Willamette Valley MLS
MLS Number: 834296
APN: 595235
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.
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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