1540 Madelyn Av SE, Salem, OR 97306 | MLS #836618 | Berkshire Hathaway HomeServices Real Estate Professionals
 
Listing provided courtesy of EXP REALTY, LLC- MLS# 836618MLS ProviderContact Information: 503-507-8971

1540 Madelyn Av SESalem, OR 97306

Condo · 2 Beds · 2 Full Baths · 1 Half Bath · 1,256 Sq. ft. | 0.02 Acres
$266,900 ACTIVE

1540 Madelyn Av SE Overview

Time on Site:
164 days
Visits:
0

No fault of the home--Back on the market! Buyers' financing fell through. This updated gem features a brand new water heater, natural light, two spacious master suites, a private single-car garage with additional storage, and an attached exterior storage unit. Nine-foot ceilings on the first floor provide an open, airy feel. The gas fireplace adds warmth, while the private covered balcony provides lovely views. Located near shopping, dining, parks, and schools, with easy access to downtown Salem.

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1540 Madelyn Av SE Facts & Features

  • Type Condo
  • Sq. ft. 1,256
  • Price/Sq.ft. $212
  • Lot 0.02 Acres

Details

General

Association/HOA

  • Association Fee: 410
  • Association Fee Frequency: Monthly

School Information

  • Elementary School: Battlecreek
  • Middle Or Junior School: Judson
  • High School: Sprague

Building Information

  • Year Built: 1999

Location/Region

  • County Or Parish: Marion
  • MLS Area Major: 40 SOUTHEAST SALEM
  • Subdivision Name: VISTA HEIGHTS TOWNH

Tax Information

  • Tax Annual Amount: 2732

General Information

  • Property Sub Type: Condominium
  • Property Type: Residential
  • Zoning: RM-2

Interior

Parking Information

  • Garage Spaces: 1

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total: 3
  • Bedrooms Total: 2

General Information

  • Accessibility Features: No
  • Fireplace Features: Living Room,Gas
  • Flooring: Carpet,Vinyl
  • Foundation Details: Continuous
  • Living Area: 1256
  • Stories Total: 3 Tri-Level

Exterior

Lot Information

  • Lot Features: Zero Lot Line
  • Lot Size Square Feet: 732
  • Water Source: City,Connected

Waterfront/View

  • View: Territorial

Building Exterior/Construction

  • Construction Materials: Vinyl
  • Patio And Porch Features: Covered Deck
  • Roof: Shingle

1540 Madelyn Av SE Neighborhood

Community

97306 (Salem) Demographics

38
Median Age
969
Population Density (per sq. mile)
51%
College Educated
$71,775
Estimated Median Income
8,289
Estimated Total Home Owners
4,098
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1540 Madelyn Av SE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1540 Madelyn Av SE Market Data

Based on the last 30 days in this zip code

$652,124
Average List Price
$279
Average Price per Square Foot
47
Properties Sold
75
Average Days on Market
282
Properties for Sale
Calculations provided by Reliance Network

1540 Madelyn Av SE History

Date Event Value Agent
3/19/2026Source: Willamette Valley MLS Price Reduction
$266,900 -1.5%
1/16/2026Source: Willamette Valley MLS Added to Database
January 16, 2026
11/30/2023Source: Willamette Valley MLS - Sold Data Added to Database
November 30, 2023