$3,205 Closing Credit¹
#445253525, Sam Labbe, Listing Office: Coldwell Banker Mountain West
$230,000 List price
1335 Madras St SE Salem, OR 97301
$2,731
Closing credit¹
2 beds
1 full
864 sqft
$266 / sqft
Condo
Property details
About 1335 Madras St SE
You CAN buy a house for $230k! Fantastic home at Toketie Village! Located near shopping, parks, schools + On a bus line- Easy access to everything. Enjoy low maintenance living with slab foundation construction HOA-covered water, sewer, garbage, and exterior upkeep. Spacious layout and a prime South Salem location. Perfect for first-time buyers, downsizers, or investors looking for something to refresh w/new carpet, paint, fixtures and add personal touches. HOA poured new patio - photo coming soon.
Highlights
Home typeCondominium
HeatingZoned
StatusActive
Size864 sqft
Year built1973
ParkingCarport, Street Parking
MLS #497109593
Attached garage1 space
FireplaceWood Burning
ViewTerritorial, Trees/Woods
Summary
- MLS Number: 497109593
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: Laura Gail Gwyn Properties
- Office Email: Laura@ViewSalemHomes.com
- Listing Agent: Laura Gwyn, P.C.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/7/2025, 1:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$230,000
1335 Madras St SE
$2,731
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 31, 1998 | Home Sold | $67,000 |
| Mar 30, 1994 | Home Sold | $50,000 |
| Aug 01, 1992 | Home Sold | $37,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $99,910 | $1,960 |
| 2022 | $97,000 | $1,906 |
| 2021 | $94,180 | $1,906 |
| 2020 | $91,440 | $1,797 |
| 2019 | $88,780 | $1,682 |
| 2017 | $83,690 | $1,545 |
History based on county public records data.
Nearby schools
4
Battle Creek Elementary School
Public District KG-5
0.3 mi
•1640 Waln Dr SE
7
Pringle Elementary School
Public District PK-5
1.0 mi
•5500 Reed Ln SE
7
Sumpter Elementary School
Public District KG-5
1.1 mi
•525 Rockwood St SE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $44,932. The most common annual income of people living in Salem, OR is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
33%
<35k
58%
35k-100k
8%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
57%
Single, No Kids
12%
Single, with Kids
18%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
6%
12-17 yrs old
31%
18-34 yrs old
37%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Music Concerts
Major League Soccer (MLS)
Where do the neighbors shop?
IKEA
H&M
Banana Republic
Where do the neighbors go to eat?
Quiznos
Chipotle
Jack In The Box
What do the neighbors drive?
Lexus
Volkswagen
Toyota
What do the neighbors listen to?
Soft Adult Contemporary- Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
Similar homes for sale
$3,384 Closing Credit¹
#105451297, Brian White, Listing Office: Paramount Real Estate Services
$4,749 Closing Credit¹
#142440180, Priscilla Beggs, Listing Office: Zenith Realty, LLC
Frequently asked questions
About 1335 Madras St SE
This home is located at 1335 Madras St SE in Salem, OR and zip code 97306 in the South Gateway neighborhood. This 864 square foot home was built in 1973. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 19, 2025 and is currently priced at $230,000.
Salem, OR housing market in March 2025 saw over 30 listings sold above listed price, more than 27 sold at listed price and over 20 sold below. The inventory of homes for sale in Salem, OR between February and March 2025 increased by 5.1%. In March 2025, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $438,166.
From Rocket Homes Real Estate and based on county public records data.