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$475,000

  • For Sale
  • Active
  • Duplex
  • 4 Beds
  • 3 Total Baths
  • 2,272 Sq. Ft.

Listed By: SABRINA. JAMES | Smi Real Estate | (971) 218-9349 and DANIEL. MCKINNEY | Smi Real Estate | (832) 525-8884 | 971-218-9349

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Solid investment opportunity. Just a few blocks from Willamette University, Bush Elementary, and the Amtrak station, this property offers unbeatable convenience and strong rental potential. The main level generates $2,200 monthly, while the finished basement brings in $1,300, creating steady income from day one. BONUS: Seller is willing to pay for a new roof! With its prime location, versatile layout, and available low rate, this property is a great choice for investors or those looking for multi-generational living.

Full Property Details for 315 15th St SE

General

  • Price: $475,000
  • Taxes: $3,041 (2024)
  • Status: Active
  • Type: Duplex
  • Source: WVMLS
  • MLS ID: 834296
  • Updated: 1/5/2026
  • Added to Site: 106 day(s) ago

Interior

  • Flooring: Carpet, Laminate

Rooms

Bathrooms

  • Total Bathrooms: 3

Bedrooms

  • Total Bedrooms: 4

Location

  • County: CENTRAL SALEM
  • Subdivision: University Addition

School Information

  • Elementary School: Bush
  • 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

Structural Information

  • Basement Desc.: Finished, Full
  • Roof: Composition
  • Square Feet: 2,272
  • Year Built: 1901

Unit Information

  • Units in Building: 2

Unit 1

  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Level: AmeriTitle

Unit 5

  • Square Feet: 3

Lot Features

  • Lot Size (Acres): 0.14
  • Zoning: RM2
  • Lot Description: 1

Financial Considerations

  • Price Per Sq. Ft.: $209.07
  • Price Per Acre: $3,392,857.14
  • Assessment Year: 1901
  • Tax Amount: $3,041
  • Tax Year: 2024

Disclosures and Reports

  • Lot Number: 1

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NMLS#: 1598647

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Schools serving 315 15th St SE

School District:Salem-Keizer School District 24j
NameGradesDistance
Bush Elementary School
410 14th Street Southeast, Salem, OR 97301
K-50.1 mi
Leslie Middle School
3850 Pringle Road Southeast, Salem, OR 97302
6-82.3 mi
South Salem High School
1910 Church Street Southeast, Salem, OR 97302
9-121.1 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 315 15th St SE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/05/2026
Price Reduced
$475,000
-4.04%
MLS
10/06/2025
Listed
$495,000
—
MLS
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 315 15th St SE

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,041
3%
$154,900
3%
2023
$2,952
6%
$150,390
6%
2021
$2,787
-3%
$141,760
-3%
2022
$2,869
6%
$146,010
6%
2020
$2,706
7%
$137,640
3%
2019
$2,533
-2%
$133,640
3%
2018
$2,577
11%
$129,750
3%
2017
$2,326
5%
$125,980
3%
2016
$2,216
-1%
$122,320
3%
2015
$2,233
3%
$118,760
3%
2014
$2,161
6%
$115,310
3%
2013
$2,044
—
$111,960
—
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 315 15th St SE

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4911 15th Ave N, Keizer, OR 97303 - Photo 1 Price Reduced
-$10,000 (-2.33%)
$419,000

4911 15th Ave N  Keizer, OR 97303

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Listed By: GREG. KUSCHNICK | Berkshire Hathaway Homeservices Northwest Real Estate
4911 15th Ave N, Keizer, OR 97303 - Photo 1 Price Reduced
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4911 15th Ave N  Keizer, OR 97303

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    Sq. Ft.
Listed by Berkshire Hathaway HomeServices NW Real Estate, Greg Kuschnick
3984 Pleasant View Dr NE, Keizer, OR 97303 - Photo 1 Price Reduced
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1498 Ferry St SE, Salem, OR 97301 - Photo 1 Sold
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Sold by BRANDON. FAHLMAN | Kithkin Real Estate
165 15th St, Salem, OR 97301 - Photo 1 Sold
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165 15th St  Salem, OR 97301

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  • 2
    Total Baths
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    Sq. Ft.
Listed by HomeSmart Realty Group, Trudi Schmidt
Sold by Non Rmls Broker, OR and WA Non Rmls

315 15th St SE, Salem, OR 97301 (MLS# 834296) is a Duplex property with 4 bedrooms and 0 full bathrooms. 315 15th St SE is currently listed for $475,000 and was received on October 06, 2025. Want to learn more about 315 15th St SE? Do you have questions about finding other Duplex 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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