Amy Richardson

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Listing provided courtesy of HOMESMART REALTY GROUP- MLS# 842050MLS ProviderContact Information: Cell: 503-949-6347

2550 Summer St SESalem, OR 97302

Single Family · 3 Beds · 2 Full Baths · 1,848 Sq. ft. | 0.14 Acres
$495,900 ACTIVE

2550 Summer St SE Overview

Time on Site:
20 days
Visits:
1

Versatile and updated South Salem home with strong income potential. 1,848 SF with separate upper and lower living spaces ideal for owner occupancy, multi generational living, or rental use. Main level features 2 bedrooms and spacious remodeled kitchen. Lower level includes separate entrance, small kitchen, living area, bedroom, and bonus room. Updated roof, paint, windows, and electrical. Insulated powered shop/shed plus garden shed. Documented rental income approx. $3,700/month the past two years.

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2550 Summer St SE Facts & Features

  • Type Single Family
  • Sq. ft. 1,848
  • Price/Sq.ft. $268
  • Lot 0.14 Acres

Details

General

School Information

  • Elementary School: McKinley
  • Middle Or Junior School: Leslie
  • High School: South Salem

Building Information

  • Year Built: 1930

Location/Region

  • County Or Parish: Marion
  • MLS Area Major: 40 SOUTHEAST SALEM

Tax Information

  • Tax Annual Amount: 3400

General Information

  • Property Sub Type: Residence
  • Property Type: Residential
  • Senior Community: No

Interior

Parking Information

  • Garage Spaces: 2

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 3

General Information

  • Basement: Finished
  • Living Area: 1848
  • Stories Total: 2 Story

Exterior

Lot Information

  • Lot Size Acres: 0.14
  • Lot Size Dimensions: 103 x 60
  • Lot Size Square Feet: 6180

General Information

  • Fencing: Yes

2550 Summer St SE Neighborhood

Community

97302 (Salem) Demographics

41
Median Age
1,652
Population Density (per sq. mile)
50%
College Educated
$67,270
Estimated Median Income
10,033
Estimated Total Home Owners
6,988
Estimated Total Renters
59% / 41%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2550 Summer St SE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2550 Summer St SE Market Data

Based on the last 30 days in this zip code

$645,856
Average List Price
$290
Average Price per Square Foot
76
Properties Sold
89
Average Days on Market
262
Properties for Sale
Calculations provided by Reliance Network

2550 Summer St SE History

Date Event Value Agent
6/9/2026Source: Willamette Valley MLS Added to Database
June 09, 2026