Estimate anchored to list price ($515,000) and property attributes (3 BR / 2 BA, 2,012 SF, renovated, finished basement) combined with local market knowledge for south Salem. No live comps search was performed.
Renovated 1915 South Salem Home — Finished Basement & Hot Tub
A rare blend of period charm and contemporary finishes, 1880 Fairmount Ave presents a thoughtfully renovated south Salem residence designed for everyday living and entertaining. The main level showcases restored hardwood floors and an open flow between living spaces. The kitchen was upgraded with custom cabinetry, quartz counters, tile backsplashes, a range hood and a dishwasher — details that make daily routines effortless and elegant.
Upstairs you’ll find a flexible bonus room plus three comfortable bedrooms and updated baths featuring quality tile and fixtures. A finished basement expands the usable footprint of the home — ideal for media, home office, or a private hobby area — and is finished to the same standard as the main living spaces. The detached single-car garage is finished for work or storage and complements the well-planned parking and driveway arrangement.
Outside, privacy and entertaining are front-and-center: a large deck flows from the rear of the house and includes a built-in hot tub area, mature plantings, and space for family barbecues. At just under 4,800 sq ft, the lot provides manageable yard space without losing outdoor versatility. Walk to Fairmount City Park within minutes; downtown Salem and regional corridors are easily accessible for commuting or weekend errands.
Practical upgrades and tasteful finishes make this house move-in ready. Whether you’re upgrading from a starter home, relocating to Salem, or seeking a low-turnover rental property, this residence balances immediate comfort and longer-term value. Contact listing agent Daniel Gandee at Real Broker to schedule a showing — this property is being actively marketed and shows well.
A 1915 modern (historic) / craftsman influenced on 0.11 acres.
Building
Site & utilities
South Salem / Fairmount area
Researched nearby locations
Location
1880 Fairmount Ave, Salem, OR 97302
Fairmount / south Salem is characterized by older, established residential streets with mature trees, neighborhood parks, and a mix of updated historic homes and modest newer builds. Residents appreciate proximity to downtown Salem, local restaurants, and community services while maintaining a quieter, neighborhood feel. The area attracts families and professionals seeking a balance between city access and residential stability.
Immediate access to neighborhood parks and short drives to larger city parks and regional trails; deck and hot tub provide strong on-site recreation/entertaining options.
A factual market snapshot around 1880 Fairmount Ave.
South Salem is a mature residential submarket with steady buyer demand for well-updated single-family homes. In early 2026 inventory remains relatively low, favoring well-presented listings; median sale prices in the area are below Portland-level peaks but show healthy long-term appreciation. Renovated period homes that pair character with modern systems consistently attract offers. Expect average days-on-market in the 3–6 week range for competitive pricing. For investors, gross rents for similar 3BR properties typically fall between $2,000–$2,500/month; for owner-occupiers this home is priced competitively at $515,000 given the finished basement, detached garage, and upgraded finishes.
Likely single-family residential zoning (typical local codes: RS or R-1 equivalents). Verify with City of Salem zoning map.
Zoning
Research-indicated uses
- Single Family Residence (Primary)
- Accessory Dwelling Unit Subject To Local Regs
- Home Occupations (Limited)
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Sale history
What the research supports — and what is still worth verifying.
Key findings
- 3 beds / 2 baths, 2,012 SF living area on a 4,791 SF lot (0.11 acres)
- Built in 1915 and extensively renovated — condition rated excellent
- Listed at $515,000 (approx. $256/sf); recent sale in 2021 for $457,961
- Finished basement and detached garage add utility and rental optionality
- Located in South Salem; served by Salem-Keizer School District
What stands out about this property.
Interior Features
- 3 bedrooms, 2 baths across 2,012 SF
- Hardwood floors on the main level
- Custom kitchen with quartz counters and tile backsplash
- Finished basement (flex space/media/office)
- Bonus room upstairs for office or play
Exterior & Lot
- Private, level lot — 4,791 SF (~0.11 acres)
- Large rear deck with hot tub and entertaining area
- Finished detached single-car garage
- Driveway parking plus on-street options
Location & Neighborhood
- Walkable to Fairmount City Park (short distance)
- Quick access to downtown Salem and local services
- Mature tree-lined neighborhood in South Salem
- Salem-Keizer School District
Walkability & Recreation
- Walkability Rating: 72/100
- Nearby parks and neighborhood amenities
- Easy access to bike routes and regional trails
Sources & research confidence.
See where the property research came from and how confidence varies by field.