Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$549,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,716 Sq. Ft.
See This Home
Save This Home
See This Home
Save This Home
Rare opportunity to own two homes on one tax lot! Whether you're looking for multi-generational living, rental income, or a flexible investment, this property offers endless possibilities. The second home is currently operating as a fully furnished midterm rental, generating $2,500/ month in come. Live in one home while offsetting your mortgage with the other or keep both as income-producing properties. A unique setup with built in flexibility and earning potential. Seller is a licensed real estate agent.

Full Property Details for 1540 Salem Ave

General

  • Price: $549,000
  • Taxes: $4,613 (2025)
  • Status: Active
  • Type: Single Family
  • Source: RWMLS
  • MLS ID: 781957710
  • Updated: 8/7/2026
  • Added to Site: 21 day(s) ago

Interior

  • Interior Features: Laminate Flooring, Tile Floor, Wall to Wall Carpet
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Electric, Gas
  • Appliances: Dishwasher, Free-Standing Range, Free-Standing Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main - Full Baths: 2

Bedrooms

  • Total Bedrooms: 3
  • Primary Bedroom: Main
  • Bedroom 2: Main
  • Bedroom 3: Main

Other Rooms

  • Living Room: Main
  • Kitchen: Main
  • Office/Den/Study: Main
  • Loft: Upper
  • Mud Room: Main

Exterior

  • Exterior Features: Deck, Tool Shed

Parking

  • Parking Features: Driveway

Location

  • County: Linn
  • Driving Directions: SE Geary St

School Information

  • Elementary School: Waverly
  • Middle School: Memorial
  • High School: West Albany

Community

  • Community Name: 221 - Linn County

Heating & Cooling

  • Heating Type: Wall Furnace
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Architectural Style: 1 Story
  • Roof: Composition
  • Stories/Levels: 1
  • Square Feet: 1,716
  • Year Built: 1895
  • Property Condition: Resale

Lot Features

  • Lot Size (Acres): 0.66
  • Lot Size (Sq. Ft.): 28,749
  • Lot Size: 20, 000 SqFt to .99 Acres
  • Frontage: Paved
  • Lot Features: Level

Financial Considerations

  • Tax Amount: $4,613.98
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Legal Description: 11S03W05CC
  • Disclosures/Reports: Disclosure
  • Property ID: 76014

Listed by eXp Realty, LLC (888) 814-9613, Ricky Cedillo (503) 559-2489

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 1540 Salem Ave —

  • Ricky Cedillo

    eXp Realty, LLC

    888-814-9613

503-559-2489

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Get a Great Insurance Rate

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1540 Salem Ave

School District:Greater Albany School District 8j
NameGradesDistance
Waverly Elementary School
425 Columbus Street Southeast, Albany, OR 97321
K-50.4 mi
Memorial Middle School
1050 Southwest Queen Avenue, Albany, OR 97321
6-81.8 mi
West Albany High School
1130 Southwest Queen Avenue, Albany, OR 97321
9-121.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1540 Salem Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/07/2026
Listed
$549,000
42.6%
MLS
4/23/2021
Sold
$385,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1540 Salem Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,614
3%
$231,840
3%
2024
$4,480
3%
$225,090
3%
2023
$4,353
8%
$218,540
6%
2021
$4,032
-6%
$206,000
-3%
2022
$4,284
6%
$212,180
6%
2021
$4,032
4%
$200,000
3%
2019
$3,885
-2%
$194,180
3%
2018
$3,946
16%
$188,530
3%
2017
$3,407
10%
$183,040
3%
2016
$3,096
6%
$177,710
4%
2015
$2,915
9%
$170,680
9%
2014
$2,683
1%
$156,160
2%
2013
$2,654
—
$153,840
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1540 Salem Ave

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by eXp Realty, LLC (888) 814-9613, Ricky Cedillo (503) 559-2489

Just Listed near 1540 Salem Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

31919 N Lake Creek Dr, Tangent, OR 97389 - Photo 1 Just Listed
$150,000

31919 N Lake Creek Dr  #72  Tangent, OR 97389

  • Manufactured Home
  • Active
  • Updated 9 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,593
    Sq. Ft.
Listed By: DIANA. HERNANDEZ LOPEZ | Realty Of America, Llc
265 S 7th St, Jefferson, OR 97352 - Photo 1 Just Listed
$360,000
Open House

265 S 7th St  Jefferson, OR 97352

  • Single Family
  • Active
  • Updated 23 hours ago
  • 3
    Beds
  • 1
    Total Bath
  • 1,113
    Sq. Ft.
Listed By: LAURA. GILLOTT | Keller Williams Realty Mid-Willamette - Gillott Team and SHAWNA. WILLIAMSON | Keller Williams Realty Mid-Willamette - Gillott Team
208 Faith St, Jefferson, OR 97352 - Photo 1 Just Listed
$515,000

208 Faith St  Jefferson, OR 97352

  • Single Family
  • Active
  • Updated 3 days ago
  • 5
    Beds
  • 4
    Total Baths
  • 2,320
    Sq. Ft.
Listed By: LAURA. GILLOTT | Keller Williams Realty Mid-Willamette - Gillott Team and MARYANN. HONEYMAN | Keller Williams Realty Mid-Willamette - Gillott Team
1017 N 2nd St, Jefferson, OR 97352 - Photo 1 Price Reduced
-$19,100 (-4.56%)
$399,900
Open House

1017 N 2nd St  Jefferson, OR 97352

  • Manufactured Home
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,620
    Sq. Ft.
Listed by Keller Williams Realty Mid-Willamette, Paul J Terjeson

Price Reduced near 1540 Salem Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

173 Ferry St, Jefferson, OR 97352 - Photo 1 Price Reduced
-$5,000 (-0.91%)
$545,000

173 Ferry St  Jefferson, OR 97352

  • Single Family
  • Active
  • Updated 21 hours ago
  • 4
    Beds
  • 1
    Total Bath
  • 1,926
    Sq. Ft.
Listed By: KATY. ROSECRANS | Stellar Realty Northwest
1017 N 2nd St, Jefferson, OR 97352 - Photo 1 Price Reduced
-$19,100 (-4.56%)
$399,900
Open House

1017 N 2nd St  Jefferson, OR 97352

  • Manufactured Home
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,620
    Sq. Ft.
Listed by Keller Williams Realty Mid-Willamette, Paul Terjeson
12031 Happy Wy SE, Jefferson, OR 97352 - Photo 1 Price Reduced
-$40,000 (-5.41%)
$699,900

12031 Happy Wy SE  Jefferson, OR 97352

  • Single Family
  • Active
  • Updated 3 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,647
    Sq. Ft.
Listed By: BRANDON. FAHLMAN | Kithkin Real Estate and RENEE. WINTERS | Kithkin Real Estate
1017 N 2nd St, Jefferson, OR 97352 - Photo 1 Price Reduced
-$19,100 (-4.56%)
$399,900
Open House

1017 N 2nd St  Jefferson, OR 97352

  • Manufactured Home
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,620
    Sq. Ft.
Listed by Keller Williams Realty Mid-Willamette, Paul J Terjeson

Recent Sales near 1540 Salem Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1208 2nd Ave Av SE, Albany, OR 97321 - Photo 1 Sold
$595,000

1208 2nd Ave Av SE  Albany, OR 97321

  • Duplex
  • Closed
  • 6
    Beds
  • 4
    Total Baths
  • 2,352
    Sq. Ft.
Listed By: AMBER. ARCHIBALD | Made Out West Land Company, Llc
Sold by BROOKS. VAN DE WOESTIJNE | Premiere Property Group, Llc Albany
1916 1920 SE 16th Av, Albany, OR 97321 - Photo 1 Sold
$490,000

1916 1920 SE 16th Av  Albany, OR 97321

  • Duplex
  • Closed
  • 4
    Beds
  • 2
    Total Baths
  • 1,728
    Sq. Ft.
Listed By: CYNTHIA. RAMIREZ SOTO | Copper Tree Realty, Llc
Sold by DAWN. DEGARMO | Town & Country Sotheby's International Realty
2921 Lansing Ave, Albany, OR 97322 - Photo 1 Sold
$535,000

2921 Lansing Ave  Albany, OR 97322

  • Single Family
  • Sold
  • 3
    Beds
  • 3
    Total Baths
  • 2,631
    Sq. Ft.
Listed by Altura Real Estate, Freeman Corbin
Sold by Premiere Property Group LLC, Sherry Sebree
2072 22nd Ave SE, Albany, OR 97322 - Photo 1 Sold
$550,000

2072 22nd Ave SE  Albany, OR 97322

  • Single Family
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 2,155
    Sq. Ft.
Listed By: MICHAEL. KRASILOVSKY | Re/Max Integrity Corvallis Branch and NOELLE. MOEN | Re/Max Integrity Corvallis Branch
Sold by LEANNA. LANGLEY | Nexthome Realty Connection

1540 Salem Ave, Albany, OR 97321 (MLS# 781957710) is a Single Family property with 3 bedrooms and 2 full bathrooms. 1540 Salem Ave is currently listed for $549,000 and was received on August 07, 2026. Want to learn more about 1540 Salem Ave? Do you have questions about finding other Single Family real estate for sale in Monteith Historic District? You can browse all Monteith Historic District real estate or contact a Coldwell Banker agent to request more information.

Tour this property