278 Draper St Ne

Salem, OR
$ 340,000 Beds 2 Baths 1 Sq 1,536
Monthly Estimate* How much can I afford?

PRICE REDUCED! Charming home offering 2 bedrooms, 1 bathroom, and 1,536 square feet of living space. Major improvements completed within the last two years provide added peace of mind, including PEX plumbing, a new electrical panel, solar panels, an EV charging station, and four new main-floor windows. Both the home and detached garage received new roofs in 2021. Original hardwood floors add character to the main level, while the remodeled bathroom in 2023 enhances comfort and functionality.The daylight basement offers additional flexibility with a potential third bedroom, family room, and storage area—ideal for guests, hobbies, a home office, or multi-purpose living space. Outside, the large lot features a partially fenced backyard, fruit trees, and plenty of room for gardening, entertaining, or outdoor activities. The spacious detached two-car garage provides ample space for parking, storage, or a workshop.Conveniently located by parks, shopping, dining, and I-5 access, this home offers easy access to everyday amenities and recreation. Enjoy being just 4 miles from the Willamette River, Riverfront Park, and the scenic riverfront corridor. Schedule your showing today!

Active

  • Price
  • $ 340,000
  • City
  • Salem
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • MARION
  • Half Bathrooms
  • 0
  • Area
  • 175
  • Lot Size
  • 0.22 Acres
  • Zip
  • 97301
  • Sqr Footage
  • 1,536
  • Year Built
  • 1953
  • Taxes
  • $ 2081
  • Style
  • Stories1
  • MLS#
  • 306015062
Listed By: eXp Realty, LLC - 503-880-4152
Data Source: Regional Multiple Listing Service (RMLSOR)

Features

General

Sewer PublicSewer
Heating ForcedAir
Roof Composition
Appliances Dishwasher,FreeStandingRange,FreeStandingRefrigerator,StainlessSteelAppliance
Zoning RS
Garage Spaces 2.0
Architectural Style Stories1
Year Built 1953
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number 547152
Accessibility GarageonMain
County Marion
Property Type Residential
HOA No
Full Baths 1
Status Active
Directions Draper St
High School North Salem
City Salem
Disclosures Disclosure
MLS Area _175
Lot Size Square Feet 9583.0
Listing Terms Cash,Conventional,FHA,VALoan
Elementary School Four Corners
Tax Annual Amount 2081.16
Middle/Junior High School Houck
Property Condition Resale
Standard Status Active
Accessory Dwelling Unit Y/N No
ViewDescription Territorial
Legal Description DRAPERS GARDENS,BLOCK 1,LOT 3,ACRES 0.225
AttributionContact 503-880-4152
SeniorCommunityYn False
ADU False

Interior Features

Interior Amenities HardwoodFloors,VinylFloor
Basement Daylight,FullBasement,PartiallyFinished
Hot Water Electricity
Window Features VinylFrames
Total Bathrooms 1.0
FuelDescription Electricity,Gas
Total Bedrooms 2
Total Baths 1

Exterior Features

Exterior Amenities Patio,Yard
Parking Features Driveway,OffStreet
Lot Features Cul_de_sac
Water Source PublicWater
Total Parking 2.0
Garage Type Detached
Exterior Description LapSiding
Foundation Details Slab
Building Area Total 1536.0
Lot Size Acres 0.22
Road Surface Type Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Hillsboro, OR office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Four Corners Elementary School
Middle School Houck Middle School
High School North Salem High School

Price History

6/23/2026 Listed $365,000
7/23/2026 5% - $350,000
8/18/2026 3% - $340,000

Property vs Zip Code Average in 97301

Price
AVG $440K
$340K
Taxes
AVG $3,971
$2,081
Year Built
AVG 1960
1953
Visits
AVG 75
192
Data Provided by Inside Real Estate®

Areas That We Cover

278 Draper St Ne Salem, OR is a Single Family Home for sale at $340000 with 1536 sqft and a lot size of 0.22 Acres Acre(s). 278 Draper St Ne Salem has 2 bedrooms, 1 baths and was built in 1953. The property's zip code is 97301 which is in Salem, OR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.