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$249,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 1,116 Sq. Ft.
  • Updated 18 hours ago
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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 for 1494 Madras St

General

  • Price: $249,000
  • HOA FEE: $434/month
  • Taxes: $3,127 (2025)
  • Status: Active
  • Type: Condo
  • Source: RWMLS
  • MLS ID: 309497530
  • Updated: 8/4/2026
  • Added to Site: 5 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

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Listing agent

— 1494 Madras St —

  • Freeman Corbin

    Altura Real Estate

    541-246-8677

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

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Request a Quote

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

Schools serving 1494 Madras St

School District:Salem-Keizer School District 24j
NameGradesDistance
Battle Creek Elementary School
1640 Waln Drive Southeast, Salem, OR 97306
K-50.2 mi
Judson Middle School
4512 Jones Road Southeast, Salem, OR 97302
6-81.9 mi
Sprague High School, Salem, OR
2373 Kuebler Boulevard, Salem, OR 97302
9-122.9 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/31/2026
Listed
$249,000
179.78%
MLS
6/09/1995
Sold
$89,000
—
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 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
—
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.

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Listed by Altura Real Estate (541) 246-8677, Freeman Corbin (541) 517-0898

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Price Reduced near 1494 Madras St

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2009 Flag Stone Ct, Keizer, OR 97303 - Photo 1 Price Reduced
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1018 Taurus Lp NE  Keizer, OR 97303

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1116 Glazemeadow St, Keizer, OR 97303 - Photo 1 Price Reduced
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Listed By: JAZMIN. HAYWORTH | Legacy Real Estate
Sold by KAREN. PETERS | Sundance Realty Llc

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 $249,000 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.

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