494 17th St SE, Salem, OR, 97301
About This Home
Investor Opportunity! Modernized & completely renovated 1911 home with additional dwelling unit (ADU): The main residence offers 1,432 sq ft with 3 bedrooms and 2 bathrooms, while the detached ADU provides 735 sq ft of open-concept living; with 2 bedrooms and 1 bathroom. Both units are fully rented with tenants. The home and ADU were taken down to the studs and are all new, the finishes are stunning. Refer to #840087.
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1911
Materials
- Foundation: Continuous
- Roof: Composition
- Construction materials: Fiber Cement,Lap Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Other
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Electric Range,Gas Range,Electric Water Heater
- Laundry features: Main Level
Basement
- Has basement: Yes
- Basement: Unfinished
Bedroom2
- Level: Upper
Bedroom3
- Level: Upper
Bedroom4
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
Dining Room
- Features: Area (Combination)
- Level: Main
Features
- Walk-in Pantry
- Flooring: Carpet
Heating
- Heating features: Ductless/Mini-Split
Interior Area
- Total structure area: 2,167
- Total interior livable area: 2,167 sqft
Kitchen
- Level: Main
Living Room
- Level: Main
Master Bedroom
- Level: Main
Property
Details
- Parcel number: 568450
- Zoning: RS
- Exclusions: Tenant's belongings
Features
- Levels: One,Two
- Stories: 1
- Fencing: Fenced
Lot
- Lot size: 6,000 sqft
- Features: Landscaped
Parking
- Parking features: No Garage
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 | $2,730 | $32,760 |
| Home Insurance * | $147 | $1,764 |
| Property Taxes | $373 | $4,476 |
| Electricity | $196 | $2,359 |
| Total | $3,446 | $41,352 |
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 |
|---|---|---|
| 2026-04-22 | Listed for sale | $545,000 |
| 2025-08-21 | Listing removed | $545,000 |
| 2025-08-12 | Pending sale | $545,000 |
| 2025-08-12 | Listed for sale | $545,000 |
| 2025-08-06 | Listing removed | $545,000 |
| 2025-08-04 | Listing removed | $4,200 |
| 2025-07-21 | Listed for rent | $4,200 |
| 2025-07-11 | Price change | $545,000 |
| 2025-07-07 | Price change | $560,000 |
| 2025-06-18 | Price change | $575,000 |
| 2025-05-16 | Listed for sale | $599,900 |
| 2024-02-12 | Sold | $165,000 |
| 2024-01-23 | Pending sale | $280,000 |
| 2024-01-18 | Listed for sale | $280,000 |
| 2023-12-19 | Listing removed | -- |
| 2023-12-08 | Price change | $280,000 |
| 2023-11-21 | Listed for sale | $300,000 |
For Sale by Agent
View on Zillow