407 Madrona (-409) Av SE, Salem, OR 97302

Salem
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
Listed by: eric petersonCell: 503-881-1264
Office: real broker855-450-0442
MLS#:843731
Source:OR_WVMLS
407 Madrona (-409) Av SE,Salem, OR 97302
$750,000
  • - Beds
  • 5 Baths
  • 2,914 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$750,000
  • Price per sq. ft.:$257.38

About this home

Large duplex in South Salem with many updates! Units consist of 3 bed, 2.5 baths each side. Stainless appliances, custom cabinets, and granite counter tops in kitchen. Each yard is fully fenced for pets, large driveway off street for additional tenant parking. 407 is currently rented at $2195/mo on year lease. 409 is vacant to allow for new tenant or for owner occupancy. Duplex is professionally managed. Property is conveniently located close to bus lines, shopping and freeway access! This is a great opportunity to live in one side and rent the other side to offset payments. Buyer would also be eligible for an owner-occupied interest rate.

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Home facts

  • Year built:2012
  • Listing ID #:843731
  • Added:1 day(s) ago
  • Updated:July 24, 2026 at 12:12 AM

Rooms and interior

  • Total bathrooms:5
  • Flooring:Carpet, Laminate, Tile
  • Dining Description:Combination Dining Area
  • Kitchen Description:Dishwasher, Disposal, Range: Electric
  • Living area:2,914 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:2012
  • Building area:2,914 sq. ft.
  • Lot area:0.17 Acres
  • Lot Features:Irregular
  • Construction Materials:Fiber Cement
  • Exterior Features:Fenced Yard, Patio, Underground Sprinklers
  • Foundation Description:Continuous

Utilities

  • Water:City

Finances and disclosures

  • Price:$750,000
  • Price per sq. ft.:$257.38
  • Tax amount:$7,097 (25-26)

Features and amenities

  • Amenities:Gas Water Heater
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. OR_WVMLS Member Broker: Ron Blacquiere

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