315 S 1st St (& 301 Drake St) St, Silverton, OR 97381

Silverton
Local realty services provided by:Knipe Realty ERA Powered
Listed by: chris forretteCell: 503-409-3542
Office: homesmart realty group
MLS#:837939
Source:OR_WVMLS
315 S 1st St (& 301 Drake St) St,Silverton, OR 97381
$775,000
Virtual Tour
  • - Beds
  • 6 Baths
  • 3,215 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$775,000
  • Price per sq. ft.:$241.06

About this home

Fully leased townhome-style duplex in the heart of Silverton. Each unit offers 3 bedrooms, 2.5 baths, and a 1-car garage. Built in 2022, the property feels like new and has a strong rental history with total gross scheduled income of $52,800 annually. Features include durable vinyl plank flooring, electric heat pumps with forced air, modern layouts, and low-maintenance construction. Excellent investment opportunity in a desirable Silverton location.

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Home facts

  • Year built:2022
  • Listing ID #:837939
  • Added:16 day(s) ago
  • Updated:March 19, 2026 at 02:37 PM

Rooms and interior

  • Total bathrooms:6
  • Flooring:Carpet, Laminate
  • Dining Description:Combination Dining Area
  • Kitchen Description:Dishwasher, Disposal, Microwave Included, Range Included, Range: Electric
  • Living area:3,215 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:2022
  • Building area:3,215 sq. ft.
  • Lot area:0.17 Acres
  • Lot Features:Dimension Above
  • Construction Materials:Fiber Cement
  • Exterior Features:Partial Fenced Yard, Underground Sprinklers
  • Foundation Description:Continuous

Schools

  • High school:Silverton
  • Middle school:Silverton
  • Elementary school:Mark Twain

Utilities

  • Water:City, Connected

Finances and disclosures

  • Price:$775,000
  • Price per sq. ft.:$241.06
  • Tax amount:$6,390 (2025)

Features and amenities

  • Amenities:Electric Water Heater
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.

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