315 S 1st (& 301 Drake St) St, Silverton, OR 97381

Silverton
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
Listed by: chris forretteCell: 503-409-3542
Office: homesmart realty group971-599-5865
MLS#:837939
Source:OR_WVMLS
315 S 1st (& 301 Drake St) St,Silverton, OR 97381
$775,000
Virtual Tour
  • - Beds
  • 6 Baths
  • 3,215 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$775,000
  • Price per sq. ft.:$241.06

About this home

Fully leased townhome-style duplex in the heart of Silverton. Each unit offers 3 bedrooms, 2.5 baths, and a 1-car garage. Built in 2022, the property feels like new and has a strong rental history with total gross scheduled income of $55,200 annually. Features include durable vinyl plank flooring, electric heat pumps with forced air, modern layouts, and low-maintenance construction. Excellent investment opportunity in a desirable Silverton location.

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Home facts

  • Year built:2022
  • Subdivision & Development:Drakes Addition
  • Listing ID #:837939
  • Added:138 day(s) ago
  • Updated:August 13, 2026 at 11:08 AM

Rooms and interior

  • Total bathrooms:6
  • Flooring:Carpet, Laminate
  • Dining Description:Combination Dining Area
  • Kitchen Description:Dishwasher, Disposal, Microwave Included, Range Included, Range: Electric
  • Living area:3,215 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:2022
  • Building area:3,215 sq. ft.
  • Lot area:0.17 Acres
  • Lot Features:Dimension Above
  • Construction Materials:Fiber Cement
  • Exterior Features:Partial Fenced Yard, Underground Sprinklers
  • Foundation Description:Continuous

Schools

  • High school:Silverton
  • Middle school:Silverton
  • Elementary school:Mark Twain

Utilities

  • Water:City, Connected

Finances and disclosures

  • Price:$775,000
  • Price per sq. ft.:$241.06
  • Tax amount:$6,390 (2025)

Features and amenities

  • Amenities:Electric 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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