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$495,900 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,848 Sq. Ft.
  • Updated 3 hours ago

Listed By: SCOTT. MANNING | Homesmart Realty Group | (503) 949-6347 | Cell: 503-949-6347

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Versatile and updated South Salem home with strong income potential. 1,848 SF with separate upper and lower living spaces ideal for owner occupancy, multi generational living, or rental use. Main level features 2 bedrooms and spacious remodeled kitchen. Lower level includes separate entrance, small kitchen, living area, bedroom, and bonus room. Updated roof, paint, windows, and electrical. Insulated powered shop/shed plus garden shed. Documented rental income approx. $3,700/month the past two years.

Full Property Details for 2550 Summer St SE St

General

  • Price: $495,900
  • Taxes: $3,400 (2025)
  • Status: Active
  • Type: Single Family
  • Source: WVMLS
  • MLS ID: 842050
  • Updated: Today (6/9/2026)
  • Added to Site: Today

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Parking

  • Garage Description: Attached

Location

  • County: SOUTHEAST SALEM
  • Driving Directions: From Commercial St SE, head east on McGilchrist Ave SE, then south on Summer St SE to property on right.

School Information

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

Structural Information

  • Basement Desc.: Finished
  • Square Feet: 1,848
  • Year Built: 1930

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Size (Sq. Ft.): 6,180
  • Lot Description: 073W34DA05

Financial Considerations

  • Price Per Sq. Ft.: $268.34
  • Assessment Year: 1930
  • Tax Amount: $3,400
  • Tax Year: 2025

Disclosures and Reports

  • Lot Number: 073W34DA05

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Schools serving 2550 Summer St SE St

School District:Salem-Keizer School District 24j
NameGradesDistance
Mckinley Elementary School, Salem, OR
466 McGilchrist Street Southeast, Salem, OR 97302
K-50.3 mi
Leslie Middle School
3850 Pringle Road Southeast, Salem, OR 97302
6-81.3 mi
South Salem High School
1910 Church Street Southeast, Salem, OR 97302
9-120.4 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 2550 Summer St SE St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/09/2026
Listed
$495,900
224.12%
MLS
5/29/2015
Sold
$153,000
—
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 2550 Summer St SE St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,400
8%
$165,500
3%
2024
$3,155
3%
$160,680
3%
2023
$3,062
6%
$156,000
6%
2021
$2,891
-3%
$147,050
-3%
2022
$2,976
6%
$151,460
6%
2020
$2,807
7%
$142,770
3%
2019
$2,627
-2%
$138,620
3%
2018
$2,674
11%
$134,590
3%
2017
$2,413
5%
$130,670
3%
2016
$2,299
-1%
$126,870
3%
2015
$2,316
23%
$123,180
22%
2014
$1,885
2%
$100,600
3%
2013
$1,847
—
$97,670
—
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 2550 Summer St SE St

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    Sq. Ft.
Listed By: JANELL. KOLENC P.C. | Results Realty
Sold by SHAREEF. HAGAG | Homesmart Realty Group

2550 Summer St. SE St, Salem, OR 97302 (MLS# 842050) is a Single Family property with 3 bedrooms and 2 full bathrooms. 2550 Summer St. SE St is currently listed for $495,900 and was received on June 09, 2026. Want to learn more about 2550 Summer St. SE St? 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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