585 Madrona Ave S Salem, OR 97302

A compelling South Salem value with an assumable 2.625% loan available to qualified buyers. This updated 4-bedroom home offers a remodeled kitchen, two main-level bedrooms, two additional bedrooms and bonus space upstairs. Major plumbing, electrical, sewer, foundation and drainage improvements are already complete. Enjoy a forested backyard, patio, outdoor theater area, raised beds and storage sheds. Motivated sellers willing to consider any reasonable offer! Presented by Gavin & Julie Wisser - Wisser Homes Team with HomeStar Brokers. Call or text (503) 881-7273 to schedule your private showing today! Learn more about us and explore additional listings at Wisser.Homes.Opportunities to assume a 2.625% loan are increasingly rare, making this thoughtfully updated South Salem home one to see. Beyond the remodeled finishes, you'll find substantial improvements that add long-term value, including updated plumbing, electrical, sewer line, electrical panel with grounding rods, and foundation upgrades.The remodeled kitchen is designed for everyday living with high-end finishes, newer appliances, and soft-close cabinets and drawers. The floor plan offers flexibility for a variety of living arrangements, with 2 bedrooms and a beautifully remodeled full bath featuring a tiled glass-door shower on the main level. Upstairs you'll find 2 additional bedrooms, a half bath, and bonus space that works well as a home office, reading nook, play area, or hobby room.Outside, the backyard creates a peaceful Pacific Northwest setting with mature trees providing a forested backdrop. Enjoy evenings on the patio, host movie nights with the outdoor projector and screen, or spend time tending the raised garden beds. Multiple storage sheds offer room for tools, lawn equipment, and hobbies while keeping the outdoor spaces organized.Situated on a manageable corner lot in an established South Salem neighborhood, this home offers convenient access to schools, shopping, parks, and commuter routes. With meaningful system upgrades already completed, flexible living spaces, and outdoor areas designed to be enjoyed year-round, this home delivers comfort, functionality, and value well beyond what its square footage suggests.