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$730,000

  • Sold
  • Closed
  • Duplex
  • 6 Beds
  • 5 Total Baths
  • 2,914 Sq. Ft.
  • Updated 5 days ago

Listed By: Eric. Peterson | Real Broker | (503) 881-1264
Sold by JAKE. LUCEY | Tradition Real Estate Partners | Cell: 503-881-1264

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Large duplex in South Salem with many updates! Units consist of 3 bed, 2.5 baths each side. Stainless appliances, custom cabinets, and granite counter tops in kitchen. Each yard is fully fenced for pets, large driveway off street for additional tenant parking. 407 is currently rented at $2195/mo on year lease. 409 is $2295. Duplex is professionally managed. Property is conveniently located close to bus lines, shopping and freeway access!

Full Property Details for 407 Madrona (-409) Av SE

General

  • Sold For: $730,000
  • Taxes: $7,097 (25-26)
  • Status: Closed
  • Type: Duplex
  • Source: WVMLS
  • MLS ID: 843731
  • Added to Site: 82 day(s) ago

Interior

  • Flooring: Carpet, Laminate, Luxury Vinyl Plank, Tile

Rooms

Bathrooms

  • Total Bathrooms: 5

Bedrooms

  • Total Bedrooms: 6

Exterior

  • Color: Tan

Location

  • County: SOUTHEAST SALEM
  • Complex: Madrona Duplex
  • Driving Directions: South on Commercial St, west on Madrona on the right

Heating & Cooling

  • Heating Type: Gas, Central AC, Forced Air
  • Heating Fuel: Gas, Central AC, Forced Air
  • Furnaces: 120
  • Water Heater: Gas

Utilities

  • Sewer: City
  • Water: City

Structural Information

  • Roof: Composition
  • Square Feet: 2,914
  • Year Built: 2012

Unit Information

  • Units in Building: 2

Unit 1

  • Square Feet: 1457
  • Total Bathrooms: 2.5
  • Bedrooms: 3

Unit 2

  • Square Feet: 1457
  • Total Bathrooms: 2.5
  • Bedrooms: 3

Unit 4

  • Level: First American

Unit 5

  • Square Feet: 3

Lot Features

  • Lot Size (Acres): 0.17
  • Frontage Feet: 1457
  • Zoning: Res

Financial Considerations

  • Price Per Sq. Ft.: $250.51
  • Price Per Acre: $4,411,764.71
  • Assessment Year: 2012
  • Tax Amount: $7,097
  • Tax Year: 25-26

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 407 Madrona (-409) Av SE

School District:Salem-Keizer School District 24j
NameGradesDistance
Salem Heights Elementary School
3495 Liberty Road South, Salem, OR 97302
K-50.3 mi
Crossler Middle School
1155 Davis Road South, Salem, OR 97306
6-82.3 mi
Sprague High School, Salem, OR
2373 Kuebler Boulevard, Salem, OR 97302
9-122.1 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 407 Madrona (-409) Av SE

Date
Details
Price
Change
Source
9/25/2026
Sold
$730,000
-2.67%
MLS
7/22/2026
Listed
$750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Just Listed near 407 Madrona (-409) Av SE

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563 Manbrin Dr, Keizer, OR 97303 - Photo 1 Just Listed
$385,000

563 Manbrin Dr  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 1
    Total Bath
  • 1,479
    Sq. Ft.
Listed by Opendoor Brokerage LLC, Sharon Parmenter
1819 Kephart Ct NE, Keizer, OR 97303 - Photo 1 Just Listed
$399,999
Open House

1819 Kephart Ct NE  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,224
    Sq. Ft.
Listed By: BEAU. CRAIG | Real Broker
7825 Marie Ln, Keizer, OR 97303 - Photo 1 Just Listed
$635,000

7825 Marie Ln  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 2 days ago
  • 5
    Beds
  • 3
    Total Baths
  • 2,391
    Sq. Ft.
Listed by Opt, Drew Coleman and Opt, Sean Mele
1069 Chardonnay Lp NE, Keizer, OR 97303 - Photo 1 Just Listed
$595,000

1069 Chardonnay Lp NE  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 2 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,890
    Sq. Ft.
Listed By: BRIAN. MCVAY | Homesmart Realty Group - Keizer and APRIL. MCVAY | Homesmart Realty Group - Keizer

Price Reduced near 407 Madrona (-409) Av SE

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1826 Kinglet Way NE, Keizer, OR 97303 - Photo 1 Price Reduced
-$10,000 (-2.6%)
$374,900

1826 Kinglet Way NE  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 1
    Total Bath
  • 1,200
    Sq. Ft.
Listed by RE/MAX Integrity, Eric Wellard
858 Plymouth Dr NE, Keizer, OR 97303 - Photo 1 Price Reduced
-$15,000 (-4.55%)
$315,000

858 Plymouth Dr NE  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 5 days ago
  • 3
    Beds
  • 1
    Total Bath
  • 1,600
    Sq. Ft.
Listed By: TIMOTHY. ENGLISH | Keller Williams Capital City - Dallas
900 Ivy Way, Keizer, OR 97303 - Photo 1 Price Reduced
-$2,000 (-0.44%)
$448,000

900 Ivy Way  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 5 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,793
    Sq. Ft.
Listed by MORE Realty, Ali Rasouli
1125 Jays Dr NE, Keizer, OR 97303 - Photo 1 Price Reduced
-$54,900 (-5.78%)
$895,000
Open House

1125 Jays Dr NE  Keizer, OR 97303

  • Multi-Family
  • Active
  • Updated 2 days ago
  • 6
    Total Beds
Listed By: MAYRA. ROCHA | Rocha Realty Llc

Recent Sales near 407 Madrona (-409) Av SE

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3370 Argyle Dr S, Salem, OR 97302 - Photo 1 Sold
$685,000

3370 Argyle Dr S  Salem, OR 97302

  • Single Family
  • Closed
  • 5
    Beds
  • 3
    Total Baths
  • 2,934
    Sq. Ft.
Listed By: KRISTIN. SPARKMAN | Homesmart Realty Group and JIM. SPARKMAN | Homesmart Realty Group
Sold by MARK. CHARLESWORTH | Keller Williams Portland Central
3544 Pioneer Dr SE, Salem, OR 97302 - Photo 1 Sold
$625,000

3544 Pioneer Dr SE  Salem, OR 97302

  • Single Family
  • Closed
  • 4
    Beds
  • 3
    Total Baths
  • 2,752
    Sq. Ft.
Listed By: EMILY. BROCK | Keller Williams Capital City and ALAN. BROCK | Keller Williams Capital City
Sold by ERIC. FISKUM | Re/Max Integrity - Salem
3321 Felton St S, Salem, OR 97302 - Photo 1 Sold
$780,000

3321 Felton St S  Salem, OR 97302

  • Single Family
  • Closed
  • 4
    Beds
  • 3
    Total Baths
  • 2,449
    Sq. Ft.
Listed By: SEAN. DOONEY | Keller Williams Realty Portland Premiere
Sold by HEIDI. HAZEL | Berkshire Hathaway Homeservices Northwest Real Estate
3321 Felton St S, Salem, OR 97302 - Photo 1 Sold
$780,000

3321 Felton St S  Salem, OR 97302

  • Single Family
  • Sold
  • 4
    Beds
  • 2
    Total Baths
  • 2,449
    Sq. Ft.
Listed by Keller Williams Realty Portland Premiere, Marc Fox and Keller Williams Realty Portland Premiere, Sean Dooney
Sold by Berkshire Hathaway HomeServices NW Real Estate, Heidi Hazel

407 Madrona (-409) Av SE, Salem, OR 97302 (MLS# 843731) is a Duplex property that was sold at $730,000 on September 25, 2026. Want to learn more about 407 Madrona (-409) Av 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.