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985 MADISON ST NE Salem, OR $ 360,000
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985 MADISON ST NE
$ 360,000
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985 MADISON ST NE

Salem, OR, 97301
$ 360,000
Bedrooms3 Baths1.0 Sq 1,186

Monthly Estimate*

$ 2,217

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Single Family Home for sale in Salem, OR

for $360,000 with 3 bedrooms and 1 full bath. This 1,186 square foot home was built in 1920 on a lot size of 0.09.

Charming home near downtown! Vinyl plank floors in living space, renovated kitchen & bathroom with tile floors, built-ins & original finishes throughout. Vinyl windows with new blinds, new gas furnace and air conditioning. Upstairs has hardwood floors and an extra room to be used as a bedroom, office or play area. Basement is fully waterproofed with closed in storage for extra living space. Fenced backyard with covered patio & mature trees. Off-street parking and access to restaurants, services and freeway.

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Single Family Active

Price

$ 360,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 3,355

Style

Stories2

Lot Size

0.09

Year Built

1920

Town/City

Salem

County/Region

Marion

MLS | Web ID

783010165
Features
Interior
Interior Amenities HardwoodFloors LuxuryVinylPlank TileFloor
Basement FullBasement Unfinished
Total Fireplaces 1
Fireplace Features WoodBurning
Hot Water Gas
Window Features VinylFrames
Total Bathrooms 1.0
Total Bedrooms 3
Total Baths 1
1/2 Baths 0
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General
Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof Composition
Appliances FreeStandingRange FreeStandingRefrigerator RangeHood StainlessSteelAppliance
Garage Spaces 1.0
Architectural Style Stories2
Security Features SecuritySystemOwned
Year Built 1920
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number 577393
County Marion
Property Type Residential
HOA N
Full Baths 1
Status Active
Directions Capitol
High School North Salem
City Salem
Disclosures Disclosure
MLS Area _174
Lot Size Square Feet 3920.0
Listing Terms Cash Conventional FHA StateGILoan VALoan
Elementary School Grant
Tax Annual Amount 3355.1
Middle/Junior High School Parrish
Property Condition Resale
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description HIGHWAY ADD SALEM FR LOT 11 BLK 3
ADU False
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Exterior
Exterior Amenities CoveredPatio Fenced ToolShed Yard
Parking Features Driveway
Lot Features PublicRoad
Water Source PublicWater
Total Parking 1.0
Garage Type Detached
Exterior Description VinylSiding
Foundation Details ConcretePerimeter
Building Area Total 1186.0
Lot Size Acres 0.09
Road Surface Type Paved
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Internal Only
Street Number 1 985
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* Excluded Features
List By
Paramount Real Estate Services

Broker

denise@denisebusch.net

Email

Affordability Calculator

$2,496
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,217
Monthly Property Taxes
$280
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4370193 Elementary School
1951177 Middle School
North Salem High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/1/2026$360,000 Listed Price

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985 MADISON ST NE, Salem, OR, 97301 is a Single Family Home for sale at $360,000 with 1,186 sqft and a lot size of 0.09. 985 MADISON ST NE has 3 bedrooms, 1.0 baths, and was built in 1920. The property's zip code is 97301 which is in Salem, OR

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