This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/44
$239,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/44
Property Description
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.
Full Property Details
Full Property Details for 1494 Madras St
General
- Price: $239,000
- HOA FEE: $434/month
- Taxes: $3,127 (2025)
- Status: Active
- Type: Condo
- Source: RWMLS
- MLS ID: 309497530
- Updated: 8/24/2026
- Added to Site: 68 day(s) ago
Interior
- Interior Features: Vinyl Floor, Wall to Wall Carpet, Washer/Dryer
- Appliances: Dishwasher, Free-Standing Range, Free-Standing Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Partial Bathrooms: 1
- Upper - Full Baths: 1
Bedrooms
- Total Bedrooms: 2
- Primary Bedroom: Upper
- Bedroom 2: Upper
Other Rooms
- Living Room: Main
- Kitchen: Main
- Dining Room: Main
Additional Information
- Shared Amenities: Commons, Exterior Maintenance, Maintenance Grounds, Management, Pool, Road Maintenance, Sauna, Tennis Court(s)
Exterior
- Exterior Features: Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Total Spaces: 1
- Parking Features: Driveway
Location
- County: Marion
- Driving Directions: Commercial St SE to Madras St SE
School Information
- Elementary School: Pringle
- Middle School: Judson
- High School: Sprague
Community
- Community Name: 173 - Marion Co: Southeast Salem
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump
- Heating Type: Forced Air
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Architectural Style: 2 Story, Contemporary
- Roof: Composition
- Windows: Double Pane Windows, Vinyl Frames
- Stories/Levels: 2
- Square Feet: 1,116
- Year Built: 1978
- Property Condition: Updated/Remodeled
Financial Considerations
- Association Fee: $434
- Assoc Fee Freq.: Monthly
- Tax Amount: $3,127.91
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: GREENSIDE VILLAGE AMENDED A CONDOMINIUM, LOT 10
- Disclosures/Reports: Exempt
- Property ID: 575832
Listed by Altura Real Estate (541) 246-8677, Freeman Corbin (541) 517-0898
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 1494 Madras St
School District:Salem-Keizer School District 24j
| Name | Grades | Distance |
|---|---|---|
Battle Creek Elementary School 1640 Waln Drive Southeast, Salem, OR 97306 | K-5 | 0.2 mi |
Judson Middle School 4512 Jones Road Southeast, Salem, OR 97302 | 6-8 | 1.9 mi |
Sprague High School, Salem, OR 2373 Kuebler Boulevard, Salem, OR 97302 | 9-12 | 2.9 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 1494 Madras St
Date
Details
Price
Change
Source
8/24/2026
Price Reduced
$239,000
-4.02%
MLS
7/31/2026
Listed
$249,000
179.78%
MLS
6/09/1995
Sold
$89,000
—
Public Record
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
Tax History for 1494 Madras St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,128
8%
$152,250
3%
2024
$2,902
3%
$147,820
3%
2023
$2,817
6%
$143,520
6%
2021
$2,660
-3%
$135,290
-3%
2022
$2,738
6%
$139,340
6%
2020
$2,582
7%
$131,350
3%
2019
$2,417
-2%
$127,530
3%
2018
$2,460
11%
$123,820
3%
2017
$2,220
5%
$120,220
3%
2016
$2,115
7%
$116,720
8%
2015
$1,977
10%
$108,270
9%
2014
$1,801
7%
$99,750
8%
2013
$1,687
—
$92,400
—
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
Estimate the Cost for 1494 Madras St
1494 Madras St, Salem, OR 97306 (MLS# 309497530) is a Condo property with 2 bedrooms, 1 full bathroom and 1 partial bathroom. 1494 Madras St is currently listed for $239,000 and was received on July 31, 2026. Want to learn more about 1494 Madras St? Do you have questions about finding other Condo real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.

