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3245 Duncan Ave NE, Salem, OR, 97301

2beds
2baths
1,448sqft
$385,000
$266price/sqft
$2,890/moest. monthly cost
$115,600/yrincome needed

About This Home

Completely reimagined from the foundation up, this beautifully renovated 2-bedroom, 2-bath home seamlessly blends modern updates with timeless charm. Originally built in 1947, nearly every aspect of the home has been thoughtfully renovated, offering the peace of mind and comfort of a substantially updated residence. Inside, you'll find 1,448 square feet of well-designed living space, including a spacious primary suite that provides a comfortable retreat. Dual entry points offer added convenience and flexibility, while the open, inviting layout is ideal for everyday living and entertaining. Situated on a generously sized lot, there's plenty of room to enjoy the outdoors, garden, or create your own backyard oasis. This is a rare opportunity to own a move-in-ready home where the hard work has already been done.

Getting Around

66
WalkingSomewhat Walkable
35
TransitSome Transit
77
BikeVery Bikeable

Schools

3/10
2/10
Waldo Middle SchoolGrades 6-80.4 mi
2/10
McKay High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1947

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Interior Area

  • Total structure area: 1,448
  • Total interior livable area: 1,448 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 526239
  • Zoning: RS

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 8,494 sqft

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
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters in Marion County and Oregon

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

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

MonthlyAnnual
Mortgage $1,946$23,352
Home Insurance *$105$1,260
Property Taxes $663$7,956
Electricity $176$2,119
Total$2,890$34,680
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$99,085/yr
40% on housing$86,700/yr
45% on housing$77,066/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

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.

Insurance Growth Rate5-year average: 6.7%
6.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$266This listing

vs Other Active Listings

Avg $/sqft

ZIP 97301$183
Marion County$231

vs Homes Sold Last Month

Median $/sqft

ZIP 97301$269
Marion County$278

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

DateEventPrice
2026-08-03Listed for sale$385,000

For Sale by Agent

AgentJAKE WADLEIGH
BrokerageWorks Real Estate

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