This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/45
$775,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/45
Property Description
Fully leased townhome-style duplex in the heart of Silverton. Each unit offers 3 bedrooms, 2.5 baths, and a 1-car garage. Built in 2022, the property feels like new and has a strong rental history with total gross scheduled income of $52,800 annually. Features include durable vinyl plank flooring, electric heat pumps with forced air, modern layouts, and low-maintenance construction. Excellent investment opportunity in a desirable Silverton location.
Full Property Details
Full Property Details for 315 S 1st St (& 301 Drake St) St
General
- Price: $775,000
- Taxes: $6,390 (2025)
- Status: Active
- Type: Duplex
- Source: WVMLS
- MLS ID: 837939
- Updated: 3/2/2026
- Added to Site: 3 day(s) ago
Interior
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 6
Location
- County: MARION COUNTY
- Subdivision: Drakes Addition
- Driving Directions: 1st St S to Drake
School Information
- Elementary School: Mark Twain
- Middle School: Silverton
- High School: Silverton
Heating & Cooling
- Heating Type: Electric, Central AC, Heat Pump, Forced Air
- Heating Fuel: Electric, Central AC, Heat Pump, Forced Air
- Water Heater: Electric
Utilities
- Sewer: City
- Water: City, Connected
Structural Information
- Roof: Composition
- Square Feet: 3,215
- Year Built: 2022
Unit Information
- Units in Building: 2
Unit 1
- Square Feet: 1715
- Total Bathrooms: 2.5
- Bedrooms: 3
Unit 2
- Square Feet: 1500
- 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: 1500
- Lot Description: 1
Financial Considerations
- Price Per Sq. Ft.: $241.06
- Price Per Acre: $4,558,823.53
- Assessment Year: 2022
- Tax Amount: $6,390
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 1
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 315 S 1st St (& 301 Drake St) St
School District:Silver Falls School District 4j
| Name | Grades | Distance |
|---|---|---|
Mark Twain Elementary School, Silverton, OR 425 North Church Street, Silverton, OR 97381 | K-3 | 0.6 mi |
Silverton Middle School 714 Schlador Street, Silverton, OR 97381 | 7-8 | 0.7 mi |
Silverton High School 1456 Pine Street, Silverton, OR 97381 | 9-12 | 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 S 1st St (& 301 Drake St) St
Date
Details
Price
Change
Source
2/27/2026
Listed
$775,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 315 S 1st St (& 301 Drake St) St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,216
154%
$375,110
95%
2021
$2,443
—
$192,750
28%
2021
$2,443
—
$150,180
3%
2021
$2,443
3%
$145,810
3%
2020
$2,383
6%
$141,570
3%
2019
$2,243
—
$137,450
3%
2018
$2,252
2%
$133,450
3%
2017
$2,202
2%
$129,570
3%
2016
$2,162
1%
$125,800
3%
2015
$2,141
3%
$122,140
3%
2014
$2,076
4%
$118,590
3%
2013
$1,990
—
$115,140
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 315 S 1st St (& 301 Drake St) St
315 S 1st St (& 301 Drake St) St, Silverton, OR 97381 (MLS# 837939) is a Duplex property with 6 bedrooms and 0 full bathrooms. 315 S 1st St (& 301 Drake St) St is currently listed for $775,000 and was received on February 27, 2026. Want to learn more about 315 S 1st St (& 301 Drake St) St? Do you have questions about finding other Duplex real estate for sale in Silverton? You can browse all Silverton real estate or contact a Coldwell Banker agent to request more information.

