2560 Cherry Ave NE, Salem, OR 97301
Property image
Property image
FOR SALE
Listed by DAVID GONZALEZ, Sundance Realty Llc, (503) 999-3013

$569,000

Original price: $579,000
  • 7 Beds
  • 3 Baths
  • 2,866 sqft

2560 Cherry Ave NE, Salem, OR 97301

Highland
Est. Mortgage $3,524/mo*
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Home Highlights

Single-Family Home
Built in 1938
$199/sqft

Local Information

  • Map ViewExplore the area around 2560 Cherry Ave NE.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Solar systemFrench doorsNewer vinyl windowsHeating and ac system
Beautiful triplex in desirable central location in Salem. Recent updates add value and comfort, including newer vinyl windows and a heating and AC system that is only two years old. The home also includes a solar system, helping keep electric costs impressively low.A versatile, well-maintained property ready for its next chapter. A standout feature is the patio, which opens through French doors to become a seamless extension of the kitchen-ideal for gatherings and everyday living.

Home Details for 2560 Cherry Ave NE

Interior Features

Interior Details
Basement: Finished
Beds & Baths
Number of Bedrooms: 7Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 2866 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Disposal, Built-In Range, Electric Range, Electric Water HeaterDishwasherDisposal
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Flooring: Carpet, Laminate, Vinyl
Levels, Entrance, & Accessibility
Levels: Tri-LevelFloors: Carpet, Laminate, Vinyl

Exterior Features

Exterior Home Features
Roof: CompositionFoundation: Continuous
Parking & Garage
No CarportNo GarageNo Attached GarageParking: No Garage
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 141

Property Information

Year Built
Year Built: 1938
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Wood Siding, Lap SidingNot a New Construction

Price & Status

Price
List Price: $569,000Price Per Sqft: $199

Active Status

MLS Status: ACTIVE

Location

Direction & Address
City: Salem

Agent Information

Listing Agent
Listing ID: 840566

Building

Building Area
Building Area: 2866 Square Feet

HOA

No HOA

Lot Information

Lot Area: 7545 sqft

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional, FHA, USDA Loan

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Miscellaneous

BasementMls Number: 840566Attribution Contact: Agent: 503-999-3013

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Highland

At least 26 Trulia users voted on each feature.
  • 97 % Say it's dog friendly

  • 93 % Say there are sidewalks

  • 77 % Say parking is easy

  • 73 % Say there's holiday spirit

  • 70 % Say yards are well-kept

  • 70 % Say kids play outside

  • 70 % Say car is needed

  • 65 % Say it's walkable to restaurants

  • 65 % Say it's walkable to grocery stores

  • 50 % Say people would walk alone at night

  • 49 % Say neighbors are friendly

  • 43 % Say streets are well-lit

  • 42 % Say they plan to stay for at least 5 years

  • 32 % Say it's quiet

  • 20 % Say there's wildlife

  • 19 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "a safe community where my baby would grow up healthy away from danger where the preschool schools are nearby just be safe"
  • Jennyfairlight
    "We have a community garden, a Fourth of July kid’s parade, and every Halloween the is full of trick or treaters and neighbors passing out candy. The neighborhood has provided great community for us."
  • Fernando S. R.
    "Dog owners would not like this neighborhood. People forget to pick up after themselves. It’s a sketchy neighborhood to walk."
  • Ham120990
    "a lot of foot traffic and theft. my neighbors are nice, but I don't want to live here the rest of my life. "
  • Jduncan90802
    "Just bought our home almost a month ago and everyone seems very friendly. Can’t wait to create memories in our new neighborhood! "
  • Jboat
    "its loud around here and there is a train track near here that is in HIGH usuage. lots of annoying train noises and horns. dog lovers beware!!! "
  • Elizabeth R.
    "No fences yards & too close to a nerve racking busy road. Dog must be on leash. No parks or paths to walk pets around. "
  • Angela P.
    "The neighborhood isn’t perfect, but it’s home. Neighbors that have been here the longest are the nicest. "

Market trends in Salem

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$441K
$4.58K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$271
$5
MoM
Available listings
938
50
MoM

Home Value

Trulia Estimate
$566K
Since last month
Increased$6K (+1%)
Since last year
Increased$55K (+10.8%)
Since last sale
Increased$340K (+150.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +129% in the last 10 years
MonthEstimated value
2026
September 2026$566K
August 2026$560K
July 2026$560K
June 2026$564K
May 2026$583K
April 2026$579K
March 2026$687K
February 2026$724K
January 2026$501K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.33
Single-Family Home
$225,000
11/14/25
5
2
1,699
0.15
Single-Family Home
$480,000
09/16/26
3
2
1,632
0.37
Single-Family Home
$475,000
06/30/26
4
2
2,155
0.43
Single-Family Home
$365,000
09/25/25
4
2
1,436
0.35
Single-Family Home
$370,000
03/20/26
3
2
1,260
0.17
Single-Family Home
$348,000
07/21/26
3
1
1,460
0.23
Single-Family Home
$355,000
07/24/26
4
1
1,245
0.29
Single-Family Home
$349,000
07/07/26
3
1.5
1,225
0.39
Single-Family Home
$395,000
07/29/26
3
2
1,508

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.04
$285,900
2
1
837
Off Market
0.05
$319,900
2
1
852
For Sale
0.09
$331,100
3
1
1,178
Off Market
0.11
$287,100
2
1
835
Off Market
0.10
$306,700
3
1
1,220
Off Market
0.14
$329,800
2
1
618
Off Market
0.15
$480,000
3
2
1,632
Recently Sold
0.16
$357,600
3
1
1,384
Off Market
0.15
$312,000
2
2
1,190
Recently Sold
0.17
$376,500
3
1
1,056
Off Market
0.17
$428,100
3
2
1,462
Off Market

Price and Tax history

DateEventPrice
Jun 24, 2026
Source: WVMLS #840566
PriceChange
$569,000
Price decreased by 2%
Jun 1, 2026
Source: WVMLS #840566
PriceChange
$579,000
Price decreased by 1%
May 14, 2026
Source: WVMLS #840566
PriceChange
$586,000
Price decreased by 1%
May 4, 2026
Source: WVMLS #840566
Listed For Sale
$590,000
Apr 27, 2026
Source: WVMLS #837940
ListingRemoved
$590,000

LGBTQ Local Legal Protections

DAVID GONZALEZ, Sundance Realty Llc
Agent Phone: (503) 999-3013
Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.
Zillow, Inc. Randy Carroll, (206) 516-2255

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Frequently asked questions about 2560 Cherry Ave NE

  • What is the estimated monthly payment for 2560 Cherry Ave NE?
    Based on a $569,000 list price with 20% down at today's rates, the estimated monthly payment for 2560 Cherry Ave NE in Salem, OR is approximately $3,533 (about $3,074 principal & interest, $384 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 2560 Cherry Ave NE compare to homes in Salem?
    2560 Cherry Ave NE in Salem, OR is listed at $569,000, about 29% above the $441K median sale price in Salem.
  • What do residents say about the Highland neighborhood?
    Residents describe the Highland neighborhood in Salem, OR as dog-friendly, pedestrian-friendly, and easy to park in. See homes for sale in Highland, Salem.
  • What are the closest schools to 2560 Cherry Ave NE?
    The closest schools to 2560 Cherry Ave NE in Salem, OR are Highland Elementary School (rated 3/10), North Salem High School (rated 4/10), Parrish Middle School (rated 3/10).
  • Does 2560 Cherry Ave NE have air conditioning?
    Yes, 2560 Cherry Ave NE in Salem, OR has air conditioning.
  • How big is the lot at 2560 Cherry Ave NE?
    The lot at 2560 Cherry Ave NE in Salem, OR is about 0.17 acres (7,545 sq ft).
2560 Cherry Ave NE, Salem, OR 97301 is a 7 bedroom, 3 bathroom, 2,866 sqft single-family home built in 1938. 2560 Cherry Ave NE is located in Highland, Salem. This property is currently available for sale and was listed by WVMLS on May 4, 2026. The MLS # for this home is MLS# 840566.