$310,000

245 Madrona Ave Salem, OR 97302

$3,681
Closing credit¹
3 beds
1 full
923 sqft
0.08 acres
$336 / sqft
House

Property details

About 245 Madrona Ave

Charming 3 bed 1 bath house in the Faye Wright neighborhood. Great opportunity for someone looking to put in a little TLC. Washer/dryer in working condition and included in sale.

Highlights

Home typeSingle Family Residence
HeatingZoned
StatusActive
Size923 sqft
Lot size0.08 Acres
Year built1946
ParkingDriveway, Other
MLS #24291463
Attached garage1 space

Summary

  • Full Bathrooms: 1
  • Appliances: Disposal, Range
  • Basement: No
  • Interior: Washer/Dryer
  • Total Bedroom Count: 3
  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Driveway, Other
  • Architectural Style: 1 Story
  • Heating: Zoned
  • List Price: $310,000
  • Price/SqFt: $335
  • Directions: Cross-Street: Liberty Rd. S
  • Year Built: 1946
  • Stories: 1
  • Living Area: 923 SqFt
  • Lot Size: 0.08 Acres
  • MLS Number: 24291463
  • MLS Name: Regional Multiple Listing Service, Inc.
  • Office Name: Enetra Real Estate
  • Office Email: office@enetra.com
  • Listing Agent: Timothy Flanagan

IDXThe 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.

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Last updated on: 5/1/2025, 7:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$310,000

245 Madrona Ave

$3,681

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

3

Salem Heights Elementary School

Public District KG-5

0.1 mi

3495 Liberty Rd S

6

Wright Elementary School

Public District KG-5

0.6 mi

4060 Lone Oak Rd SE

4

Candalaria Elementary School

Public District KG-5

0.7 mi

935 Hansen Ave S

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $30,446. Typical income of Salem, OR residents is less than $<35k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

53%
<35k
37%
35k-100k
9%
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?

67%
Single, No Kids
10%
Single, with Kids
16%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
4%
12-17 yrs old
34%
18-34 yrs old
31%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • PopeyesPopeyes
  • White CastleWhite Castle

What do the neighbors drive?

  • HondaHonda
  • NissanNissan
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 245 Madrona Ave

The listing price of 245 Madrona Ave property is $310,000.

The property 245 Madrona Ave is a house located in Salem, Oregon, 97302.

Active Listing: 245 Madrona Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 245 Madrona Ave are: Salem Heights Elementary School (GreatSchools Rating 3/10), Wright Elementary School (GreatSchools Rating 6/10), Candalaria Elementary School (GreatSchools Rating 4/10), Judson Middle School (GreatSchools Rating 5/10), Leslie Middle School (GreatSchools Rating 5/10), Crossler Middle School (GreatSchools Rating 4/10), South Salem High School (GreatSchools Rating 7/10), Sprague High School (GreatSchools Rating 9/10), North Salem High School (GreatSchools Rating 4/10).

The property at 245 Madrona Ave has 3 bedrooms and 1 bathroom.

The property 245 Madrona Ave is 923 SqFt (source: MLS/tax record).

The year of construction for 245 Madrona Ave is 1946.

This home is located at 245 Madrona Ave in Salem, OR and zip code 97302 in the Faye Wright neighborhood. This 923 square foot home, which was built in 1946, sits on a 0.08 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 5, 2024 and is currently priced at $310,000.

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%. The median list price of listings available in March 2025 was $438,166, while the average time on the real estate market was 44 days.

From Rocket Homes Real Estate and based on county public records data.

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