1494 MADRAS ST Salem, OR $ 249,000
1494 MADRAS ST
$ 249,000
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1494 MADRAS ST

Salem, OR, 97306
$ 249,000
Bedrooms2 Baths1.1 Sq 1,116

Monthly Estimate*

$ 1,572

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Condo for sale in Salem, OR

for $249,000 with 2 bedrooms and 1 full bath, 1 half bath. This 1,116 square foot condo was built in 1978.

Welcome to this charming 2 bedroom, 1.5 bath condo nestled in a lovely South Salem neighborhood. This inviting home offers a comfortable and functional layout, featuring spacious living areas, abundant natural light, and a well-appointed kitchen and laundry-all appliances are included. Main living area has a slider that leads to its own deck with common yard views. The upper level offers a comfortable seating area and two generously sized bedrooms with really nice built-ins and storage cabinets. A peaceful retreat and the added convenience of a lower level half bath adds extra functionality for guests. The primary bedroom offers a large walk-in closet. Enjoy low-maintenance living in a desirable community close to parks, shopping, dining, and schools. This complex offers tennis courts, sauna & swimming pool and common areas. Whether you're a first-time homebuyer, downsizing, or looking for an investment opportunity, this South Salem condo is one you won't want to miss.

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Condo Active

Price

$ 249,000

Bedrooms

2

Full Bath

1

Half Bath

1

Property Type

Condo

Taxes

$ 3,127

Style

Stories2,Contemporary

Year Built

1978

Town/City

Salem

County/Region

Marion

MLS | Web ID

309497530

Features
Interior
Interior Amenities VinylFloor WalltoWallCarpet WasherDryer
Total Fireplaces 0
Hot Water Electricity
Total Stories 2
Window Features DoublePaneWindows VinylFrames
Total Bathrooms 1.1
Unit Location MainLevel
Total Bedrooms 2
Total Baths 2
1/2 Baths 1
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General
Sewer PublicSewer
Heating ForcedAir
Cooling HeatPump
Roof Composition
Appliances Dishwasher FreeStandingRange FreeStandingRefrigerator
HOA Fee 434.0
Garage Spaces 1.0
Architectural Style Stories2 Contemporary
Year Built 1978
Stories Count 2
Property Subtype Condominium
Tax Year 2025
Parcel Number 575832
Assoc Fee Paid Per Monthly
County Marion
Property Type Residential
Association Amenities Commons ExteriorMaintenance MaintenanceGrounds Management Pool RoadMaintenance Sauna TennisCourt
HOA Y
Full Baths 1
Status Active
Directions Commercial St SE to Madras St SE
High School Sprague
City Salem
Disclosures Exempt
MLS Area _173
Listing Terms Cash Conventional
Elementary School Other
Tax Annual Amount 3127.91
Middle/Junior High School Judson
Property Condition UpdatedRemodeled
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description GREENSIDE VILLAGE AMENDED A CONDOMINIUM LOT 10
ADU False
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Exterior
Exterior Amenities Patio
Parking Features Driveway
Water Source PublicWater
Total Parking 1.0
Garage Type Attached
Exterior Description WoodSiding
Building Area Total 1116.0
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Internal Only
Street Number 1 1494
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* Excluded Features
List By
Altura Real Estate

Broker

freeman@cvghome.com

Email

Affordability Calculator

$1,833
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,572
Monthly Property Taxes
$261
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4573527 Elementary School
1949712 Middle School
Sprague High School High School
Pricing History
DatePricePrice ChangeDescription
8/1/2026$249,000 Listed Price

Map


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1494 MADRAS ST, Salem, OR, 97306 is a Condo for sale at $249,000 with 1,116 sqft. 1494 MADRAS ST has 2 bedrooms, 1.1 baths, and was built in 1978. The property's zip code is 97306 which is in Salem, OR