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$345,000
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Property Description
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
Full Property Details for 1640 5th St NE
General
- Sold For: $345,000
- Taxes: $261,102 (2025)
- Status: Closed
- Type: Single Family
- Source: WVMLS
- MLS ID: 844123
- Added to Site: 67 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.: $281.63
- Assessment Year: 1922
- Tax Amount: $261,102
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 6
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Schools
Schools serving 1640 5th St NE
School District:Salem-Keizer School District 24j
| Name | Grades | Distance |
|---|---|---|
Grant Community School 725 Market Street Northeast, Salem, OR 97301 | PK-5 | 0.3 mi |
Parrish Middle School 802 Capitol Street Northeast, Salem, OR 97301 | 6-8 | 0.6 mi |
North Salem High School 765 14th Street Northeast, Salem, OR 97301 | 9-12 | 0.8 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
Date
Details
Price
Change
Source
9/25/2026
Sold
$345,000
—
MLS
8/21/2026
Price Reduced
$345,000
-1.43%
MLS
8/01/2026
Listed
$350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1640 5th St NE, Salem, OR 97301 (MLS# 844123) is a Single Family property that was sold at $345,000 on September 25, 2026. Want to learn more about 1640 5th St NE? Do you have questions about finding other Single Family real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.

