# 1640 5th St NE, Salem, OR 97301

> **TL;DR:** 4bd/1ba single family, $350,000 ($286/sqft), built 1922, 1,225 sqft. Est. $1,872/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $350,000 |
| Price/sqft | $286 |
| Bedrooms | 4 |
| Bathrooms | 1 full |
| Square Feet | 1,225 |
| Year Built | 1922 |
| Lot Size | 3,920 sqft (0.09 acres) |
| Stories | 2 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 2 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,770 |
| Estimated Insurance | $102 |
| **Total** | **$1,872** |

## Nearby Schools

- **Elementary:** Grant
- **Middle:** Parrish
- **High:** North Salem

## Property Highlights

- Built in 1922
- 0.09 acre lot
- 2 stories

## Description

### Agent Description
Ideally situated just minutes from downtown Salem, Riverfront Park, the Oregon State Capitol, shopping, dining, schools, and major commuter routes, this 4-bedroom home features a newer roof, fresh interior paint, and brand-new carpet, offering move-in-ready comfort with major updates already completed.Whether you're searching for your next home or a solid investment opportunity with proven occupancy, this property delivers space, major system updates, and an exceptional location at an outstanding value.

## Location

- **Address:** 1640 5th St NE, Salem, OR 97301
- **County:** Marion
- **Neighborhood:** NorthSalem
- **Coordinates:** 44.954406, -123.027986
- **Google Maps:** https://www.google.com/maps?q=44.954406,-123.027986

## Listing Agent

- **Name:** SCOTT COLLINS
- **Brokerage:** HOMESMART REALTY GROUP
- **Phone:** 5035800896

## Primary Photo

![1640 5th St NE - Primary Photo](http://lh.rdcpix.com/bc297d9f810e4aa6da7509c428e33b42l-f1648193555r.jpg)

*32 total photos available on [listing page](https://www.propertysimple.ai/listing/1640-5th-st-ne-salem-or-97301-r844123)*

---

**MLS#:** 844123 | **Updated:** 2026-08-01
**Source:** listhub

*Copyright © 2026 Willamette Valley Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1640-5th-st-ne-salem-or-97301-r844123)

---

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