Listed by SHELBY LOONEY • HOMESTAR BROKERS (503-580-3824).
For sale
$470,000
Est. $3,083/mo —
3
bd
•
2.5 ba
•
1,670
sq ft
5048 Jones Rd SE, Salem, OR 97306
About this home
One-owner, tri-level home on nearly ¼ acre! This 1,670 sq ft home featuring 3 bedrooms, 2.5 baths, plus plenty of functional living space w/ separate living & family rooms, ample storage. The many updates provide comfort & peace of mind, including furnace, kitchen appliances in 2025 & gutters in 2024. It is conveniently located near schools, shopping, & freeway access. A great opportunity to own a lovingly maintained home with beautifully established landscaping & inviting indoor/outdoor spaces. A MUST SEE!
Faye Wright, located between Mission Street SE and Kuebler Boulevard SE, is a residential and commercial Salem neighborhood with big-box corridors and pocket parks. The neighborhood’s energy concentrates around the Mission St SE and 25th St SE junction, where auto-oriented storefronts, service counters, and everyday errands cluster along wide arterials. Closer to the interior streets, mid-century ranch homes and newer infill sit on calm blocks with mature trees. The I-5 edge adds a commuter rhythm, while nearby green space breaks up the asphalt. Community touchstones nearby include Salem Golf Club, the Oregon State Fairgrounds, and the Salem Armory Auditorium for year-round events.
Provided by Walk Score and Local Logic
Offer insights
5048 Jones Rd SE · $470,000
$471K and above
75% chance or better to win
Why $471K+ is a strong offer
DAYS ON MARKET
17 days
The average home goes pending in 55 days.
SALE-TO-LIST
98.4%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Formal dining room
Separate living and family rooms
Ample storage
High-speed communication available
Smart home features
Bedrooms
3 bedrooms, all on the upper level
Bathrooms
2 full bathrooms and 1 half bathroom
Kitchen
Dishwasher
Electric range
Microwave
Kitchen appliances included
Laundry & utility
Washer and dryer included
Gas water heater
Flooring
Carpet
Vinyl
Luxury vinyl plank
Heating & cooling
Gas forced-air heating
Central air conditioning
Exterior features
Fenced yard
Established landscaping
Covered deck
Home design
Tri-level split-entry home
Parking
Attached garage with 2 spaces
Construction
Built in 1993
Continuous foundation
Vinyl lap siding
Composition roof
Utilities
City water
HOA & community
No homeowners association
Electricity and solar
View estimated energy costs and solar savings for this home
The purpose of the Single Family Residential (RS) Zone is to implement the single family residential designation of the Salem Area Comprehensive Plan through the identification of allowed uses and the establishment of development standards. The RS zone generally allows single family, two family, three family, and four family residential uses, along with a mix of other uses that are compatible with and/or provide support and services to the residential area.
Permitted uses
Include but are not limited to:
Agriculture
Community / recreation center
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Other
Infrastructure
Library
Ground transport
Park & open space
Local insights from Redfin agents
Salem’s market is slower, with prices relatively steady and homes taking longer to sell. Sellers need competitive pricing, while buyers may have more time to decide and room to negotiate on price, closing costs, or repairs.