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$266,900 -$4,100 (-1.51%) Price Reduced

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 1,256 Sq. Ft.
  • Updated 3 days ago

Listed By: MICHELE. MCCORMACK | Exp Realty, Llc | (503) 507-8971 | 503-507-8971

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This updated condo features a brand new water heater, natural light, two spacious master suites, a private single-car garage with additional storage, and an attached exterior storage unit. Nine-foot ceilings on the first floor provide an open large, airy feel. The gas fireplace adds warmth, while the private covered balcony provides lovely views. Located near shopping, dining, parks, and schools, with easy access to downtown Salem.

Full Property Details for 1540 Madelyn Ave SE

General

  • Price: $266,900
  • HOA FEE: $410/month
  • Taxes: $2,732 (2024)
  • Status: Active
  • Type: Condo
  • Source: WVMLS
  • MLS ID: 836618
  • Updated: 3/19/2026
  • Added to Site: 66 day(s) ago

Interior

  • Flooring: Carpet, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Exterior

  • Color: Brown

Parking

  • Garage Description: Attached

Location

  • County: SOUTHEAST SALEM
  • Subdivision: VISTA HEIGHTS TOWNH
  • Driving Directions: Going south on Commercial, Right on Wiltsey, Left on Madelyn

School Information

  • Elementary School: Battlecreek
  • Middle School: Judson
  • High School: Sprague

Heating & Cooling

  • Heating/Cooling: Electric, Zonal
  • Water Heater: Gas

Utilities

  • Sewer: Yes
  • Water: City, Connected

Structural Information

  • Roof: Shingle
  • Square Feet: 1,256
  • Year Built: 1999

Lot Features

  • Lot Size (Acres): 0.02
  • Lot Size (Sq. Ft.): 732
  • Zoning: RM-2
  • Lot Description: E-22

Financial Considerations

  • Price Per Sq. Ft.: $212.5
  • Association Fee: $410
  • Assoc Fee Freq.: Monthly
  • Assessment Year: 1999
  • Tax Amount: $2,732
  • Tax Year: 2024

Disclosures and Reports

  • Lot Number: E-22

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Schools serving 1540 Madelyn Ave SE

School District:Salem-Keizer School District 24j
NameGradesDistance
Battle Creek Elementary School
1640 Waln Drive Southeast, Salem, OR 97306
K-50.4 mi
Judson Middle School
4512 Jones Road Southeast, Salem, OR 97302
6-81.6 mi
Sprague High School, Salem, OR
2373 Kuebler Boulevard, Salem, OR 97302
9-122.8 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 Madelyn Ave SE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/19/2026
Price Reduced
$266,900
-1.51%
MLS
1/16/2026
Listed
$271,000
42.63%
MLS
7/07/2025
Sold
$190,000
—
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 Madelyn Ave SE

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,944
8%
$143,320
3%
2024
$2,732
3%
$139,150
3%
2023
$2,652
6%
$135,100
6%
2021
$2,504
-3%
$127,350
-3%
2022
$2,577
6%
$131,170
6%
2020
$2,431
7%
$123,650
3%
2019
$2,275
-2%
$120,050
3%
2018
$2,315
11%
$116,560
3%
2017
$2,090
5%
$113,170
3%
2016
$1,991
-1%
$109,880
3%
2015
$2,006
7%
$106,680
3%
2014
$1,870
-1%
$103,580
—
2013
$1,891
—
$103,580
—
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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1540 Madelyn Av SE, Salem, OR 97306 (MLS# 836618) is a Condo property with 2 bedrooms, 2 full bathrooms and 1 partial bathroom. 1540 Madelyn Av SE is currently listed for $266,900 and was received on January 16, 2026. Want to learn more about 1540 Madelyn Av SE? 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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