2451-2473 Trade St SE, Salem, OR, 97301
About This Home
Complete rehab accomplished on this 11-unit complex in 2022. The property is comprised of 9 cottage style units as well as a dual level duplex with attached laundry room. Tot he stud remodel. Renovations include new roof, windows, siding, electrical, plumbing, disposals, water heaters, counter tops, cabinets and flooring.
Getting Around
Somewhat Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1949
Materials
- Foundation: Slab
- Roof: Composition
- Construction materials: Fiber Cement,Lap Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Electric Range,Microwave,Electric Water Heater,Refrigerator
- Laundry features: Common Area
Features
- High Speed Internet
- Flooring: Carpet,Laminate
Heating
- Heating features: Electric
Interior Area
- Total structure area: 4,444
- Total interior livable area: 4,444 sqft
Property
Details
- Zoning: RM2
Features
- Patio & porch: Covered Deck
- Fencing: Partial
Lot
- Lot size: 0.37 Acres
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Inland Flooding
- Lightning
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Marion County and Oregon
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $8,596 | $103,152 |
| Home Insurance * | $465 | $5,580 |
| Property Taxes | $1,175 | $14,100 |
| Electricity | $403 | $4,839 |
| Total | $10,639 | $127,668 |
Income You'd Need if You Spent...
Oregon FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-20 | Listed for sale | $1,700,000 |
| 2024-06-17 | Listing removed | -- |
| 2024-05-28 | Listed for rent | $1,075 |
| 2023-08-09 | Listing removed | -- |
| 2023-07-04 | Listed for rent | $1,175 |
| 2023-03-08 | Listing removed | -- |
| 2023-03-04 | Listed for rent | $1,125 |
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