550 SE 16TH ST Salem, OR $ 335,000
550 SE 16TH ST
$ 335,000
Recently Listed
Open House 6/13 12pm - 2pm
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550 SE 16TH ST

Salem, OR, 97301
$ 335,000
Bedrooms2 Baths1.0 Sq 974

Monthly Estimate*

$ 2,063

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Single Family Home for sale in Salem, OR

for $335,000 with 2 bedrooms and 1 full bath. This 974 square foot home was built in 1910 on a lot size of 0.12.

Move-in ready and full of charm! This beautifully updated single-level home features 2 bedrooms, 1 bathroom, updated flooring, a refreshed kitchen, new appliances, new water heater and a newer roof. The spacious primary bedroom offers high ceilings, creating an open and inviting retreat, while the dedicated laundry room adds everyday convenience. Outside, enjoy a fully fenced yard with a large driveway that accommodates RV parking, productive apple and pear trees, and established blueberry and raspberry bushes. The backyard is designed for relaxing and entertaining with a pergola-covered outdoor living area, fire pit, garden space, and plenty of room to enjoy the outdoors. A powered shop provides excellent space for hobbies, projects, or storage, and is complemented by an additional storage area for tools and equipment. Conveniently located just blocks from Aldrich Park and Bush Elementary, and a half mile away from Willamette University. Easy access to public transit, shopping, dining, and more. An ideal opportunity for first-time buyers, downsizers, or anyone seeking a well-maintained home with exceptional outdoor amenities.

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Open House

6/13/2026 12:00 PM - 2:00 PM
6/14/2026 12:00 PM - 2:00 PM
550 SE 16TH ST Salem, OR
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Single Family Active

Price

$ 335,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 1,905

Style

Stories1,Bungalow

Lot Size

0.12

Year Built

1910

Town/City

Salem

County/Region

Marion

MLS | Web ID

396959605

Features
Interior
Interior Amenities CeilingFan HighCeilings Laundry LuxuryVinylPlank
Basement CrawlSpace
Total Fireplaces 0
Hot Water Electricity
Window Features DoublePaneWindows VinylFrames
Total Bathrooms 1.0
Total Bedrooms 2
Total Baths 1
1/2 Baths 0
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General
Sewer PublicSewer
Heating ForcedAir
Cooling None
Roof Composition
Appliances ConvectionOven Dishwasher ENERGYSTARQualifiedAppliances FreeStandingRange FreeStandingRefrigerator Microwave PlumbedForIceMaker StainlessSteelAppliance
Garage Spaces 0
Architectural Style Stories1 Bungalow
Security Features None
Year Built 1910
Stories Count 1
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number 568489
Accessibility OneLevel
County Marion
Property Type Residential
HOA N
Full Baths 1
Status Active
Directions From Mission - North onto 17th Left on Oak Right on 16th. Property on Right
High School South Salem
City Salem
Disclosures Disclosure
MLS Area _174
Lot Size Square Feet 5227.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Bush
Tax Annual Amount 1905.29
Middle/Junior High School Leslie
Property Condition Resale
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description CAPITAL PARK AMENDED BLOCK FR 20 ACRES 0.12
ADU False
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Exterior
Exterior Amenities Fenced FirePit Garden Patio Porch RVBoatStorage ToolShed Workshop Yard
Parking Features Driveway OnStreet
Lot Features Level
Water Source PublicWater
Total Parking 0
Exterior Description CementSiding LapSiding WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 974.0
Lot Size Acres 0.12
Road Surface Type Paved
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Internal Only
Street Number 1 550
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* Excluded Features
List By
Premiere Property Group, Llc

Broker

katie@raindropre.com

Email

Affordability Calculator

$2,221
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,063
Monthly Property Taxes
$159
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
1949359 Elementary School
1950766 Middle School
South Salem High School High School
Pricing History
DatePricePrice ChangeDescription
6/11/2026$335,000 Listed Price

Map


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550 SE 16TH ST, Salem, OR, 97301 is a Single Family Home for sale at $335,000 with 974 sqft and a lot size of 0.12. 550 SE 16TH ST has 2 bedrooms, 1.0 baths, and was built in 1910. The property's zip code is 97301 which is in Salem, OR