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$3,234,001

  • Sold
  • Closed
  • Multi-Family
  • 94 Total Beds

Listed By: CHRISTOPHER. SALAZ | Smi Real Estate | (503) 871-0288
Sold by JORDAN. SPARKS | Smi Real Estate | 503-871-0288

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Shelton Village is comprised of 28 units with large 3bed/1bath, 4bed/2bath, 5bed/2bath quad style townhouse layouts. Shelton Village has spacious grounds, and adequate off-street parking with 38 standard/5 handicap spaces available to the residents. Additional photos of the unit interiors available upon request. Please DO NOT disturb the tenants.

Full Property Details for 2540 - 2594 Lee St SE

General

  • Sold For: $3,234,001
  • Taxes: $29,600 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: WVMLS
  • MLS ID: 832998
  • Added to Site: 146 day(s) ago

Interior

  • Flooring: Carpet, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 36

Bedrooms

  • Total Bedrooms: 94

Location

  • County: CENTRAL SALEM
  • Subdivision: Simpson's Addition
  • Complex: Shelton Village
  • Driving Directions: State St or Mission St to 25th. To Lee St and then east on Lee to the property.

School Information

  • Elementary School: Richmond
  • Middle School: Leslie
  • High School: South Salem

Heating & Cooling

  • Heating Type: Gas, Forced Air
  • Heating Fuel: Gas, Forced Air
  • Water Heater: Gas

Utilities

  • Sewer: City
  • Water: City
  • # Electric Meters: 17660

Structural Information

  • Roof: Composition
  • Square Feet: 33,128
  • Below Ground: 5,357 Sq. Ft.
  • Finished Total: 3,228 Sq. Ft.
  • Year Built: 1972

Unit Information

  • Units in Building: 27

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Total Bathrooms: 2
  • Bedrooms: 4

Unit 3

  • Total Bathrooms: 2
  • Bedrooms: 5

Unit 4

  • Level: AmeriTitle

Unit 5

  • Square Feet: 3

Unit 6

  • Bedrooms: 5

Lot Features

  • Lot Size (Acres): 1.66
  • Zoning: RM2
  • Lot Description: 7 & 8

Financial Considerations

  • Price Per Sq. Ft.: $97.62
  • Price Per Acre: $2,348,795.18
  • Assessment Year: 1972
  • Tax Amount: $29,600
  • Tax Year: 2024

Disclosures and Reports

  • Lot Number: 7 & 8
  • Flood plain: Yes

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 2540 - 2594 Lee St SE

School District:Salem-Keizer School District 24j
NameGradesDistance
Richmond Elementary School
466 Richmond Avenue Southeast, Salem, OR 97301
K-50.2 mi
Leslie Middle School
3850 Pringle Road Southeast, Salem, OR 97302
6-82 mi
South Salem High School
1910 Church Street Southeast, Salem, OR 97302
9-121.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2540 - 2594 Lee St SE

Date
Details
Price
Change
Source
12/22/2025
Sold
$3,234,001
-17.06%
MLS
8/25/2025
Listed
$3,899,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Price Reduced near 2540 - 2594 Lee St SE

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3984 Pleasant View Dr NE, Keizer, OR 97303 - Photo 1 Price Reduced
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2540 - 2594 Lee St SE, Salem, OR 97301 (MLS# 832998) is a Multi-Family property that was sold at $3,234,001 on December 22, 2025. Want to learn more about 2540 - 2594 Lee St SE? Do you have questions about finding other Multi-Family real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.