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1494 Madras St, Salem, OR 97306 — photograph 1

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1494 Madras St, Salem, OR 97306 — photograph 1
2 Beds1.5 Baths1,116 sqft

1494 Madras St, Salem

$239,000

Save
ActiveMLS®: 309497530Listing held by another brokerage, marked RMLS
Price per sqft
$214.16
Built in
1978
Property size
1,116 sqft
Property type
Residential
Days on market
43

Overview

Welcome to this charming 2 bedroom, 1.5 bath condo nestled in a lovely South Salem neighborhood. This inviting home offers a comfortable and functional layout, featuring spacious living areas, abundant natural light, and a well-appointed kitchen and laundry-all appliances are included. Main living area has a slider that leads to its own deck with common yard views. The upper level offers a comfortable seating area and two generously sized bedrooms with really nice built-ins and storage cabinets. A peaceful retreat and the added convenience of a lower level half bath adds extra functionality for guests. The primary bedroom offers a large walk-in closet. Enjoy low-maintenance living in a desirable community close to parks, shopping, dining, and schools. This complex offers tennis courts, sauna & swimming pool and common areas. Whether you're a first-time homebuyer, downsizing, or looking for an investment opportunity, this South Salem condo is one you won't want to miss.

Details

Interior

Interior features
Vinyl Floor, Wall to Wall Carpet, Washer / Dryer
Appliances
Dishwasher, Free Standing Range, Free Standing Refrigerator
Fireplaces
0
Cooling
Yes
Cooling description
Heat Pump
Heating
Yes
Heating description
Forced Air
Windows
Double Pane Windows, Vinyl Frames

Exterior and lot

Exterior features
Patio
Architectural style
Two Stories, Contemporary
Roof
Composition
View
No

Utilities

Sewer
Public Sewer
Water source
Public Water

Parking

Garage spaces
1
Parking
Driveway
Total parking
1

Schools

High school
Sprague
Middle school
Judson
Elementary school
Pringle

Location

City
Salem
County
Marion

Taxes and dues

Annual taxes
$3,128 (2025)
HOA dues
$434 / month

Location

1494 Madras St, Salem, OR 97306

Map showing the location of 1494 Madras St, Salem, OR 97306
© Mapbox © OpenStreetMap

Monthly payment estimate

$1,967 /mo

20% · $47,800
7.00%
Principal and interest
$1,272
Property tax (2025)
$261
HOA dues
$434
Total
$1,967

Estimate only, and not an offer of credit. Assumes 20% down ($47,800) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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