2550 Summer St SE, Salem, OR 97302

Salem
Local realty services provided by:Knipe Realty ERA Powered
Listed by: scott manningCell: 503-949-6347
Office: homesmart realty group971-599-5865
MLS#:842050
Source:OR_WVMLS
2550 Summer St SE,Salem, OR 97302
$474,900
  • 3 Beds
  • 2 Baths
  • 1,848 sq. ft.
  • Single family
  • Active

Price summary

  • Price:$474,900
  • Price per sq. ft.:$256.98

About this home

Versatile and updated South Salem home with strong income potential. 1,848 SF with separate upper and lower living spaces ideal for owner occupancy, multi generational living, or rental use. Main level features 2 bedrooms and spacious remodeled kitchen. Lower level includes separate entrance, small kitchen, living area, bedroom, and bonus room. Updated roof, paint, windows, and electrical. Insulated powered shop/shed plus garden shed. Documented rental income approx. $3,700/month the past two years.

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Home facts

  • Year built:1930
  • Listing ID #:842050
  • Added:66 day(s) ago
  • Updated:August 15, 2026 at 02:59 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Dining Description:Combination Dining Area
  • Kitchen Description:Dishwasher, Disposal
  • Basement Description:Finished
  • Living area:1,848 sq. ft.

Structure and exterior

  • Year built:1930
  • Building area:1,848 sq. ft.
  • Lot area:0.14 Acres
  • Architectural Style:2 Story
  • Exterior Features:Fenced Yard, Underground Sprinklers

Schools

  • High school:South Salem
  • Middle school:Leslie
  • Elementary school:McKinley

Finances and disclosures

  • Price:$474,900
  • Price per sq. ft.:$256.98
  • Tax amount:$3,400 (2025)

Parking

  • Parking description:Attached Garage
  • Garage spaces:2
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: Jeff Knipe

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