315 15th St SE, Salem, OR 97301

Local realty services provided by:Better Homes and Gardens Real Estate Equinox
Listed by: sabrina james, daniel mckinney971-218-9349
Office: smi real estate
MLS#:834296
Source:OR_WVMLS
315 15th St SE,Salem, OR 97301
$475,000
  • - Beds
  • 3 Baths
  • 2,272 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$475,000
  • Price per sq. ft.:$209.07

About this home

Solid investment opportunity. 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. BONUS: Seller is willing to pay for a new roof! 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.

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Home facts

  • Year built:1901
  • Listing ID #:834296
  • Added:129 day(s) ago
  • Updated:February 10, 2026 at 04:06 PM

Rooms and interior

  • Total bathrooms:3
  • Living area:2,272 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:1901
  • Building area:2,272 sq. ft.
  • Lot area:0.14 Acres

Schools

  • High school:South Salem
  • Middle school:Leslie
  • Elementary school:Bush

Utilities

  • Water:City

Finances and disclosures

  • Price:$475,000
  • Price per sq. ft.:$209.07
  • Tax amount:$3,041 (2024)
MLS LogoBased 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.

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