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1932 Chemeketa St NE, Salem, OR, 97301

2beds
2baths
1,310sqft
$315,000
$240price/sqft
$2,396/moest. monthly cost
$95,840/yrincome needed

About This Home

Great little DUPLEX cottage 1901, with so much character, Move in ready, hard wood floors, some LVP, updated plumbing, furnace, has instant hot water heater, AC heatpump. Nice front yard. Unit 1 has 1 bedroom/ 1 bath, living room with wood stove, lots of character in ceiling and lots of storage. updated bathroom. The second unit is accessed thru the side door, kitchen, 1 bedroom, 1 bath, floor to ceiling windows, basement access thru the unit 2.

Getting Around

68
WalkingSomewhat Walkable
47
TransitSome Transit
83
BikeVery Bikeable

Schools

5/10
5/10
Leslie Middle SchoolGrades 6-82.5 mi
5/10
South Salem High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1901

Materials

  • Foundation: Continuous
  • Roof: Composition
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Electric Range,Range Included,Electric Water Heater,Refrigerator
  • Laundry features: None

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2

Dining Room

  • Features: Area (Combination)

Features

  • Flooring: Wood
  • Fireplace features: Living Room,Electric
  • Fireplace: Yes

Heating

  • Heating features: Electric,Heat Pump,Forced Air

Interior Area

  • Total structure area: 1,310
  • Total interior livable area: 1,310 sqft

Property

Details

  • Parcel number: 569114
  • Zoning: RS

Features

  • Patio & porch: Covered Deck
  • Exterior features: Tax
  • Fencing: Partial
  • Has view: Yes
  • View description: Territorial

Lot

  • Lot size: 4,356 sqft
  • Features: Irregular Lot,Landscaped

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 WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
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 $1,592$19,104
Home Insurance *$86$1,032
Property Taxes $542$6,504
Electricity $176$2,119
Total$2,396$28,752
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$82,148/yr
40% on housing$71,880/yr
45% on housing$63,893/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

$240This listing

vs Other Active Listings

Avg $/sqft

ZIP 97301$184
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
2026-07-24Listed for sale$315,000
2024-10-14Listing removed$1,225
2024-01-06Listing removed--
2023-12-07Price change$1,225
2023-10-26Listed for rent$1,275
2023-10-11Listing removed--
2023-08-26Listed for rent$1,275
2022-09-14Listing removed--
2022-08-26Listed for rent$1,127
2020-10-28Listing removed$995
2020-10-06Listed for rent$995
2019-02-04Listing removed$955
2019-01-14Listed for rent$955
2018-08-23Listing removed$885
2018-08-16Price change$885
2018-07-27Listed for rent$895
2018-06-28Sold$168,000
2018-04-06Listed for sale$179,900

For Sale by Agent

AgentKAREN PETERS
BrokerageSundance Realty Llc

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