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$350,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 1 Full Bath
  • 1,225 Sq. Ft.
  • Updated 4 days ago

Listed By: SCOTT. COLLINS | Homesmart Realty Group | (503) 580-0896 | Cell: 503-580-0896

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Ideally situated just minutes from downtown Salem, Riverfront Park, the Oregon State Capitol, shopping, dining, schools, and major commuter routes, this 4-bedroom home features a newer roof, fresh interior paint, and brand-new carpet, offering move-in-ready comfort with major updates already completed.Whether you're searching for your next home or a solid investment opportunity with proven occupancy, this property delivers space, major system updates, and an exceptional location at an outstanding value.

Full Property Details for 1640 5th St NE

General

  • Price: $350,000
  • Taxes: $261,102 (2025)
  • Status: Active
  • Type: Single Family
  • Source: WVMLS
  • MLS ID: 844123
  • Updated: 8/1/2026
  • Added to Site: 4 day(s) ago

Interior

  • Flooring: Carpet, Laminate

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Parking

  • Garage Description: None

Location

  • County: CENTRAL SALEM
  • Subdivision: NorthSalem

School Information

  • Elementary School: Grant
  • Middle School: Parrish
  • High School: North Salem

Heating & Cooling

  • Heating/Cooling: Gas, Window Unit (AC), Forced Air
  • Water Heater: Gas

Utilities

  • Sewer: Yes
  • Water: City

Structural Information

  • Basement Desc.: Unfinished
  • Roof: Composition
  • Square Feet: 1,225
  • Year Built: 1922

Lot Features

  • Lot Size (Acres): 0.09
  • Lot Size (Sq. Ft.): 4,110
  • Zoning: RS
  • Lot Description: 6

Financial Considerations

  • Price Per Sq. Ft.: $285.71
  • Assessment Year: 1922
  • Tax Amount: $261,102
  • Tax Year: 2025

Disclosures and Reports

  • Lot Number: 6

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NMLS#: 1598647

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Schools serving 1640 5th St NE

School District:Salem-Keizer School District 24j
NameGradesDistance
Grant Community School
725 Market Street Northeast, Salem, OR 97301
PK-50.3 mi
Parrish Middle School
802 Capitol Street Northeast, Salem, OR 97301
6-80.6 mi
North Salem High School
765 14th Street Northeast, Salem, OR 97301
9-120.8 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 1640 5th St NE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/01/2026
Listed
$350,000
205%
MLS
3/07/2017
Sold
$114,755
—
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 1640 5th St NE

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,611
8%
$127,090
3%
2024
$2,423
3%
$123,390
3%
2023
$2,351
6%
$119,800
6%
2021
$2,221
-3%
$112,940
-3%
2022
$2,286
6%
$116,320
6%
2020
$2,156
7%
$109,660
3%
2019
$2,018
-2%
$106,470
3%
2018
$2,053
11%
$103,370
3%
2017
$1,853
5%
$100,360
3%
2016
$1,765
-1%
$97,440
3%
2015
$1,779
3%
$94,610
3%
2014
$1,721
2%
$91,860
3%
2013
$1,686
—
$89,190
—
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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Price Reduced near 1640 5th St NE

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1640 5th St NE, Salem, OR 97301 (MLS# 844123) is a Single Family property with 4 bedrooms and 1 full bathroom. 1640 5th St NE is currently listed for $350,000 and was received on August 01, 2026. Want to learn more about 1640 5th St NE? Do you have questions about finding other Single Family real estate for sale in Croisan-Illahe? You can browse all Croisan-Illahe real estate or contact a Coldwell Banker agent to request more information.

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