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1534 Madras St Se, Salem
$279,900
2 Beds ⋅ 2 Baths ⋅ 838590 MLS
Seller offering $6,000 buyer credit with full-price offer. Well-maintained 2 bed, 1.5 bath condo with 1,265 sqft in desirable South Salem. Spacious layout with central A/C for year-round comfort. The primary bedroom was expanded from a previous loft configuration, creating a larger retreat. Includes a one-car attached garage and access to community amenities including a swimming pool and tennis courts. Conveniently located near shopping, dining, parks, and everyday conveniences. Seller offering $6,000 buyer credit with full-price offer. Credit may be applied toward an interest rate buydown, closing costs and/or prepaids, subject to lender approval.HOA dues cover a wide range of amenities and exterior maintenance, including water, sewer, garbage, landscaping, exterior building maintenance, roof and siding maintenance, swimming pool, sauna, tennis court, clubhouse/recreation room, and common area upkeep — offering a convenient, low-maintenance lifestyle with access to a variety of community amenities.

1534 Madras St Se, Salem

Listing Courtesy of REALTY ONE GROUP WILLAMETTE VALLEY. Cell: 971-218-3629

231 Commercial St Ne, Salem
$549,900
3 Beds ⋅ 1 Baths ⋅ 836883 MLS
Turnkey Short-Term Rental Investment with Bookings into June 2027! Own a piece of Salem's history while generating rental income! Located in the iconic Starkey-McCully Building, once home to a speakeasy, this rare 3-bedroom historic loft is the largest of the Downtown Salem Loft Condominiums. Currently operating as a successful short-term rental with an average nightly rate of approximately $235 and reservations already booked into June 2027. This property offers investors an established rental opportunity. Featuring original 1800s old-growth fir floors, soaring ceilings, a jetted tub, and a premium Sub-Zero refrigerator, this one-of-a-kind residence blends historic character with modern comforts. Ideally located near Salem Hospital, Willamette University, the Oregon State Capitol, and downtown dining and entertainment. Offered fully furnished, including artwork, making this a truly turnkey investment opportunity. Historic charm, an established rental business, and future reservations make this an exceptional addition to an investment portfolio!

231 Commercial St Ne, Salem

Listing Courtesy of HOMESMART REALTY GROUP. Cell: 971-600-4893

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Based 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.

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