Off Market3566d on marketHistoric · 124 yrs

2510 Cherry Ave NE

Salem, OR, 97301 • Highland • Marion County

$483,000

$231/sqft

4Beds

2Baths

2,092Sqft

1 acLot

1902Built

Property DNA

2 highlights

City Views

City

Character Home

Built 1902 · 124 years of history

Market activity

Demand and pricing signals for this listing

1 views

People checking out this listing

3566 days on market

Established listing

$231/sqft

Price per square foot

About this home

Multi Family · Built 1902 · Historic

Addresses of duplex building are 1125 Pine St and 2510 Cherry Ave Salem OR. Excellent property for future development opportunity. Build 15 additional units plus parking on large .98 acre RM corner lot. 8" fire hydrant lines are already installed underground. 2" domestic water line in place stubbed in to property. Sewer line 4' under sidewalk for easy hookup.

Estimated monthly payment

Based on current rates

$3,068/month

Principal & Interest$2,424

Property Tax$483

Insurance$161

Down payment20% ($96,600)

3%50%

Est. 6.43% rate · 30yr fixed · $386,400 loan

Full calculator →

At a glance

Key facts and listing details

TypeMultiFamily

Year Built1902

HeatingBaseboard, Forced air, Electric, Gas

ParkingGarage - Attached, Off-street

Property

Home typeMulti Family

Year built1902

Systems

HeatingBaseboard, Forced air, Electric, Gas

RoofComposition

Parking & Outdoor

ParkingGarage - Attached, Off-street

BasementNone

Lot1 Acres

Location & Tax

NeighborhoodHighland

Annual tax$4,582

Parcel526375

Bathrooms & Fees

Full baths2

Features & details

6 categories of property features

Interior Features

Appliances

Dishwasher

Range / Oven

Refrigerator

Flooring

Other

Carpet

Laminate

Heating

Baseboard

Forced air

Electric

Gas

Exterior Features

Exterior

Shingle

Wood products

Parking

Garage - Attached

Off-street

Views

City

Room details

3 rooms detailed

Dining Room

Family Room

Master Bath

Listing insights

Market data and value estimates

StatusOff Market

Days on market3566

Est. value$483,000

Est. rent$1,608/mo

Tax rate0.81%

Price/sqft$231

Last sold$150,000

Tour days6

How are the schools in Salem?

3 schools rated nearby

Highland Elementary School

Elementary • Public • K-5

0.5 mi

Parrish Middle School

Middle • Public • 6-8

1.2 mi

North Salem High School

High • Public • 9-12

1.3 mi

Location

Salem, OR, 97301

Expand map

Price history

5 events

DateEventPrice$/sqftSource

Jun 20, 2016Sold$150,000$72Public Record

Aug 5, 2009Listing Removed$269,900$129WINDERMERE PACIFIC WEST PROP

Jul 11, 2009Listed For Sale$269,900$129WINDERMERE PACIFIC WEST PROP

Nov 9, 2004Sold$130,320$62Public Record

Sep 29, 2003Sold$130,320$62Public Record

Sold$150,000

Jun 20, 2016•$72/sqft•Public Record

Listing Removed$269,900

Aug 5, 2009•$129/sqft•WINDERMERE PACIFIC WEST PROP

Listed For Sale$269,900

Jul 11, 2009•$129/sqft•WINDERMERE PACIFIC WEST PROP

Sold$130,320

Nov 9, 2004•$62/sqft•Public Record

Sold$130,320

Sep 29, 2003•$62/sqft•Public Record

Tax history

26 years of records

YearTax paidAssessed value

Mar 27, 2025$4,582$223,040

Mar 27, 2024$4,252$216,550

Mar 27, 2023$4,127$204,130

Mar 27, 2022$4,011$204,130

Mar 27, 2021$3,897$198,190

Mar 27, 2020$3,783$186,820

Mar 27, 2019$3,650—

Mar 27, 2018$3,603—

Mar 27, 2017$3,603—

Mar 27, 2016$2,815—

Mar 27, 2015$2,815—

Mar 27, 2014$3,060—

Mar 27, 2013$2,831—

Mar 27, 2012$2,831—

Mar 27, 2011$2,709$144,650

Mar 27, 2010$2,599$136,350

Mar 27, 2009$2,570$136,350

Mar 27, 2008$2,424$132,380

Mar 27, 2007$2,348—

Mar 27, 2006$2,309—

Mar 27, 2005$2,933—

Mar 27, 2004$3,985—

Mar 27, 2003$3,801—

Mar 27, 2002$3,709—

Mar 27, 2001$3,597—

Mar 27, 2000$3,485—

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Neighborhood details

Local context around this listing

Salem, OR • Marion County

Nearby neighborhoods

East LancasterFaye WrightFour CornersHayesvilleMorningsideNorth LancasterNorthgateSouth GatewaySoutheast Mill CreekWest Salem

Nearby cities

AumsvilleAuroraHubbardJeffersonKeizerSalemSilvertonStayton

Nearby zip codes

97301973029730497305973069730897309973109731297317

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Value estimates

Live

Est. value$483,000

Est. rent$1,608/mo

30yr rate est.6.43%

Affordability$2,934/mo

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