Skip To Content
Listing provided courtesy of HOMESMART REALTY GROUP: 971-599-5865.

315 S 1st St (& 301 Drake St)

Silverton, OR 97381
  • $775,000
  • STATUS: Active
  • ON SITE: 8 Days
  • MLS #: 837939
UPDATED: 27 min ago
$775,000
  • 6
    BEDS
  • 0.17
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 3,215
    SQFT
  • $241
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2022
County:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of HOMESMART REALTY GROUP: 971-599-5865. Listing information © 2026 Willamette Valley Multiple Listing Service



Description

Fully leased townhome-style duplex in the heart of Silverton. Each unit offers 3 bedrooms, 2.5 baths, and a 1-car garage. Built in 2022, the property feels like new and has a strong rental history with total gross scheduled income of $52,800 annually. Features include durable vinyl plank flooring, electric heat pumps with forced air, modern layouts, and low-maintenance construction. Excellent investment opportunity in a desirable Silverton location.

Monthly Payment Calculator



Willamette Valley MLS logo © 2026 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2026-03-08T23:08:40.9.
www.suelongrealty.com/homes/173455964
Print Image

315 S 1st St (& 301 Drake St) Silverton, OR 97381

  • Price: $775,000
  • Status: Active
  • On Site: 8 Days
  • Updated: 27 min ago
  • MLS #: 837939
6
Beds
6
Baths
0
½ Baths
0.17
Acres
3,215
SQFT
$241
$/SQFT
2022
Built
Neighborhood:
Drakes Addition
County:
Marion
Area:
90 MARION COUNTY
Elementary School:
Mark Twain
Middle School:
Silverton
High School:
Silverton
Property Description
Fully leased townhome-style duplex in the heart of Silverton. Each unit offers 3 bedrooms, 2.5 baths, and a 1-car garage. Built in 2022, the property feels like new and has a strong rental history with total gross scheduled income of $52,800 annually. Features include durable vinyl plank flooring, electric heat pumps with forced air, modern layouts, and low-maintenance construction. Excellent investment opportunity in a desirable Silverton location.
Exterior Features

Approx Lot Dimensions 65 x 110 Fenced Yard Partial Foundation Continuous Landscape Yes Lot Type Dimension Above Roof Composition Siding Fiber Cement Siding Style Lap

Interior Features

Dining Area (Combination) Dishwasher Yes Disposal Yes Flooring CarpetLaminate Heating ElectricCentral ACHeat PumpForced Air Laundry W/D Hookup Range Facility ElectricMicrowave IncludedRange Included Refrigerator Refrigerator Included Unit Types Town Home Unit1 Baths 2.5 Unit1 Bedrooms 3 Unit2 Baths 2.5 Unit2 Bedrooms 3 Water Heater Electric

Property Features

Assessments Or Liens No Cross Street S 1st St. Dual Living Possible Flood Plain No High Speed Comm Access Available Home Warranty No Homeowners Association No Association Inspection Report Available No Multifamily Type Duplex New Construction No Possession COE Seller To Do1031 Yes Sewer City Tax Amount 6390 Tax Years 2025 Terms Seller Will Consider CashConventionalFederal VAODVA Water CityConnected

© 2026 Willamette Valley Multiple Listing Service. All rights reserved.


Willamette Valley MLS logo © 2026 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2026-03-08T23:08:40.9.
 
https://bt-photos.global.ssl.fastly.net/salem/1280_boomver_1_837939-2.jpg https://bt-photos.global.ssl.fastly.net/salem/1280_boomver_1_837939-2.jpg https://bt-photos.global.ssl.fastly.net/salem/1280_boomver_1_837939-2.jpg
Logo
Keller Williams Mid-Willamette
201 NW 3rd St
Corvallis OR, 97330
Listing provided courtesy of HOMESMART REALTY GROUP: 971-599-5865. Listing information © 2026 Willamette Valley Multiple Listing Service