Google street view image for 4840 Silverton Rd NE, Salem, OR 97305

Off Market Apr 2009 for $575K

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Est. refi paymentEst. refi $3,650/mo

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•

— ba

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26,996

sq ft

4840 Silverton Rd NE, Salem, OR 97305

About this home

4840 Silverton Rd NE is a 26,996 square foot multi-family home on a 1.52 acre lot. - it last sold on April 10, 2009 for $575,000.

Multi-familyProperty Type

1980Year Built

1.52 acresLot Size

$21Price/Sq.Ft.

Source:Public Records

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 97305, OR

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.7%

+0.2% MoM

Median sale price

$412K

$2K MoM

Avg. days on market

53d

7 days MoM

Recently sold homes

3 MoM

New listings for sale

NEW 16 HRS AGO
$428,500
3 beds2 baths1,145 sq ft
1735 Plateau St NE, Salem, OR 97305
Erik Mulyar • eXp Realty, LLC
$489,500
3 beds2 baths1,886 sq ft
4496 Janice Ave NE, Salem, OR 97305
Ande Hofmann • HomeSmart Realty Group
$525,000
3 beds2 baths1,696 sq ft
4675 Princess Ct, Salem, OR 97305
Adriana Gavozdea • Premiere Property Group, LLC
EARLY ACCESS
$390,000
3 beds2 baths1,180 sq ft
4966 Evie Jean St NE, Salem, OR 97305
OPEN TODAY, 1:30PM TO 4:30PM
$499,900
3 beds2 baths1,734 sq ft
4887 49th Ave NE, Salem, OR 97305
$485,000
3 beds2 baths1,934 sq ft
4285 Oriole Ct NE, Salem, OR 97305
$409,900
3 beds1.5 baths1,280 sq ft
4742 Oak Park NE, Salem, OR 97305
$399,000
3 beds2.5 baths1,456 sq ft
3755 48th Ave NE, Salem, OR 97305
OPEN TODAY, 10AM TO 12PM
$474,900
4 beds2.5 baths2,384 sq ft
4748 Sesame St NE, Salem, OR 97305
$49,900
2 beds2 baths1,456 sq ft
6793 Lakeside Dr NE, Salem, OR 97305
See all

Provided by Redfin

Sale history for 4840 Silverton Rd NE

Year

Property tax

Land + Additions

Assessment*

2025

$29,956 (+3.5%)

2024

$28,933 (+8.9%)

2023

$26,567 (+2.7%)

2022

$25,868 (+0.9%)

2021

$25,631 (+6.3%)

2020

$24,107 (−0.8%)

2019

$24,311 (−1.6%)

2018

$24,704 (+24.0%)

2017

$19,918 (+4.8%)

2016

$18,998 (+8.1%)

2015

$17,570 (−0.6%)

$331,060 + $923,250

$1,254,310

2014

$17,668 (+8.0%)

2013

$16,356 (−6.1%)

2012

$17,427 (+2.9%)

2011

$16,936 (+1.1%)

2010

$16,747 (−6.3%)

2009

$17,877

Tax history for 4840 Silverton Rd NE

Year

Property tax

Land + Additions

Assessment*

2025

$29,956 (+3.5%)

2024

$28,933 (+8.9%)

2023

$26,567 (+2.7%)

2022

$25,868 (+0.9%)

2021

$25,631 (+6.3%)

2020

$24,107 (−0.8%)

2019

$24,311 (−1.6%)

2018

$24,704 (+24.0%)

2017

$19,918 (+4.8%)

2016

$18,998 (+8.1%)

2015

$17,570 (−0.6%)

$331,060 + $923,250

$1,254,310

2014

$17,668 (+8.0%)

2013

$16,356 (−6.1%)

2012

$17,427 (+2.9%)

2011

$16,936 (+1.1%)

2010

$16,747 (−6.3%)

2009

$17,877

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning and permits

Zoning
Permits

Multiple-Family Residential District

The RM multiple-family residential zone is primarily intended to provide for multiple-family dwellings on a lot, or attached dwellings on separate lots, at residential densities greater than permitted in the RL zone. Other uses compatible with residential development are also appropriate. RM zones are located in areas designated as multiple-family residential or an equivalent designation in the applicable urban area comprehensive plan and are provided with urban services. They are suited to locations near commercial office and retail zones and along collector and arterial streets.

Permitted uses

Include but are not limited to:

Housing-Multiple units
Housing-Senior
Infrastructure

Property details

Exterior

Exterior Information
Building Type: Apartment Low Rise

Property Information
Living Sq. Ft: 26,996
Ground Floor Sq. Ft: 26,996
Building Sq. Ft: 32,588
# of Stories: 1
Legal Description: ACRES 1.52

Parking & Garage Information
Parking Type: Unfinished Attached Garage
Garage/Parking Sq. Ft: 936
Garage / Carport Type: Unfinished Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 66,211
Acres: 1.52
Zoning Code: RM
County Use Description: APT LOW-RISE TO 19 UNITS
State Use Description: MULTIPLE FAMILY IMPRV 5+ UNITS

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: —
Baths: —
Sq. Ft.: 26,996
Stories: 1.0
Lot Size: 1.52 acres
Style: Multi-Family (5+ Unit)
Year Built: 1980
Year Renovated: —
County: Marion County
APN: 523043

Home facts updated by county records on Aug 31, 2026

Around this home

Schools

Scott Elementary School

Public K-5 • Assigned • 0.3mi

2/10

Waldo Middle School

Public 6-8 • Assigned • 1.8mi

2/10

McKay High School

Public 9-12 • Assigned • 1.1mi

2/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

4/10 Heat Factor

7 days above 92° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

10/10 Air Factor

13 unhealthy days expected this year, 14 days in 30 years

Provided by First Street

Historical weather

Salem, OR • 97305

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10 hours in June and 2.1 hours in December, placing it below the U.S. average for solar exposure.

10 hrs

2.1 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

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New listings for sale in 97305

NEW 16 HRS AGO3D WALKTHROUGH

$428,500

3 beds2 baths1,145 sq ft

1735 Plateau St NE, Salem, OR 97305

Erik Mulyar • eXp Realty, LLC

$489,500

3 beds2 baths1,886 sq ft

4496 Janice Ave NE, Salem, OR 97305

Ande Hofmann • HomeSmart Realty Group

$525,000

3 beds2 baths1,696 sq ft

4675 Princess Ct, Salem, OR 97305

Adriana Gavozdea • Premiere Property Group, LLC

EARLY ACCESSREDFIN COMING SOON

$390,000

3 beds2 baths1,180 sq ft

4966 Evie Jean St NE, Salem, OR 97305

OPEN TODAY, 1:30PM TO 4:30PM

$499,900

3 beds2 baths1,734 sq ft

4887 49th Ave NE, Salem, OR 97305

$485,000

3 beds2 baths1,934 sq ft

4285 Oriole Ct NE, Salem, OR 97305

$409,900

3 beds1.5 baths1,280 sq ft

4742 Oak Park NE, Salem, OR 97305

$399,000

3 beds2.5 baths1,456 sq ft

3755 48th Ave NE, Salem, OR 97305

OPEN TODAY, 10AM TO 12PM

$474,900

4 beds2.5 baths2,384 sq ft

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Home values near 4840 Silverton Rd NE

Data from public records.

Address	Redfin Estimate
4880 Silverton Rd NE, Salem, OR - Beds \| - Baths \| 17856 Sq. Ft.	—
3450 Hidden View Ln NE Apartment 9, Salem, OR 2 Beds \| 2 Baths \| 1188 Sq. Ft.	$108,855

Address	Redfin Estimate
3465 Hidden View Ln NE Apartment 4, Salem, OR 3 Beds \| 2 Baths \| 1213 Sq. Ft.	$155,381
3490 Hidden View Ln NE Apartment 13, Salem, OR 3 Beds \| 2 Baths \| 1456 Sq. Ft.	$115,385

Address	Redfin Estimate
3485 Hidden View Ln NE Apartment 2, Salem, OR 3 Beds \| 2 Baths \| 1296 Sq. Ft.	$103,043
3440 Hidden View Ln NE Apartment 8, Salem, OR 3 Beds \| 2 Baths \| 1404 Sq. Ft.	$160,498

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 97305, OR

Sale history for 4840 Silverton Rd NE

Tax history for 4840 Silverton Rd NE

Zoning and permits

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 97305

Home values near 4840 Silverton Rd NE

More real estate resources