Courtesy of Coho Realty
2567 1/2 Simpson St, Salem
$255,000
- Price per sqft
- $108.46
- Built in
- 1947
- Property size
- 2,351 sqft
- Lot size
- 10,019 sqft
- Property type
- Residential
- Days on market
- 11
Overview
Investors – you are already way ahead with a previous remodel that included an enormous kitchen with beautiful granite counters, abundant ample cabinetry, and updates to the baths. 4BR/2BA needs work but think precision tactical repairs not a gut. Perfect opportunity for a homeowner to establish equity with a rehab loan. Previously sold for $450,000. Enormous main level primary bedroom with gas fireplace! Sits off the main street on a quiet Creekside setting. Beautiful backyard, attractive front with curb appeal. This property may qualify for Seller Financing (Vendee). Property was built prior to 1978 – Lead Based Paint potentially exists. Located in flood plain. See REO Instructions.
Details
Interior
- Interior features
- Ceiling Fan, Wall to Wall Carpet
- Appliances
- Disposal, Granite
- Fireplace
- Yes
- Fireplaces
- 2
- Fireplace description
- Gas
- Cooling
- No
- Heating
- Yes
- Heating description
- Forced Air
- Windows
- Vinyl Frames
Exterior and lot
- Lot size
- 10,019 sqft
- Exterior features
- Patio, Tool Shed
- Architectural style
- One Story
- Roof
- Composition
- View
- Yes
- View description
- Creek / Stream
Utilities
- Sewer
- Public Sewer
- Water source
- Public Water
Parking
- Garage spaces
- 2
- Parking
- Driveway
- Total parking
- 2
Schools
- High school
- South Salem
- Middle school
- Leslie
- Elementary school
- Richmond
Location
- City
- Salem
- County
- Marion
- Zoning
- Rm2
Taxes and dues
- Annual taxes
- $3,700 (2025)
Location
2567 1/2 Simpson St, Salem, OR 97301

Monthly payment estimate
$1,666 /mo
- Principal and interest
- $1,357
- Property tax (2025)
- $308
- Total
- $1,666
Estimate only, and not an offer of credit. Assumes 20% down ($51,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.
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