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South Salem Multifamily Home for Sale

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    $587,000

    • 5 Beds
    • 2 Baths
    • 1,736 Sq Ft

    520 Ave S, Salem, OR 97302

    Two houses! located in Sought after Candelaria school district. Main house was fully remodeled in 2019, all new plumbing, electrical, furnace, AC, kitchen, granite countertops throughout, bathroom, siding, LVP flooring, paint everything was touched! ADU was built in 2021 it is 2 bed,1 bath home 748sqft with 11-foot ceilings. Mini split for heating and cooling and LVP flooring, also granite

    David Schacher COLDWELL BNKR/COMMERCIAL DIV

    520 Ave S, Salem, OR 97302

Why Live in South Salem

South Salem is an established neighborhood characterized by ranch-style homes from the 1950s to 1970s, along with split-level and contemporary houses from the same era. More recent additions include contemporary Craftsman homes from the 2010s and 2020s. The neighborhood features spacious lots, typically just under a quarter acre, with ample front and back yards. Residents enjoy outdoor activities at the Croisan Creek Trail, a popular 1-mile trail for hiking and biking, and Fircrest Park, which offers tennis and basketball courts, a playground, and walking paths. Nearby Minto-Brown Island Park provides 1,200 acres of natural area with over 29 miles of trails, an off-leash dog park, and fishing spots. The Madrona Swim Club and the public Salem Golf Club are also local attractions. South Salem's proximity to Liberty Road and Commercial Street ensures easy access to shops and restaurants, including McMenamins Thompson Brewery & Public House and Taproot Lounge & Café. Grocery shopping is convenient with stores like Roth's Fresh Markets and LifeSource Natural Foods nearby. The neighborhood is well-connected with Cherriots bus routes 8 and 21, and Salem Hospital is just 3.5 miles away. The Salem-Willamette Valley Airport is about 3 miles away, with the nearest major airport in Portland, 62 miles north. South Salem High School, which has a high rating, offers dual credit courses and career and technical education programs. The neighborhood's crime rate is lower than the national average, contributing to its appeal for potential home buyers.

Home Trends in South Salem, OR

Housing Trends

Median Sale Price
$485,000
Median Single Family Sale Price
$525,000
Median 2 Bedroom Sale Price
$347,949
Average Price Per Sq Ft
$274
Number of Homes for Sale
21
Last 12 months Home Sales
125
Months of Supply
2.00
Median List Price
$549,950
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-4%
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