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315 S 1st St (& 301 Drake St) St, 
Silverton, OR 97381

$775,000

—

Bed

6

Baths

3,215

Sq Ft

Multi-Family

Virtual Tour

Active

Listed by

Chris Forrette, Cell: 503-409-3542

Homesmart Realty Group

971-599-5865

Last updated:

March 6, 2026, 03:31 PM

MLS#

837939

Source:

OR WVMLS

About This Home

315 S 1st St (& 301 Drake St) St

Fully leased townhome-style duplex in the heart of Silverton. Each unit offers 3 bedrooms, 2.5 baths, and a 1-car garage. Built in 2022, the property feels like new and has a strong rental history with total gross scheduled income of $52,800 annually. Features include durable vinyl plank flooring, electric heat pumps with forced air, modern layouts, and low-maintenance construction. Excellent investment opportunity in a desirable Silverton location.

Home Facts

Multi-Family

6 Baths

Built in 2022

Price Summary

775,000

$241 per Sq. Ft.

MLS #:

837939

Last Updated:

March 6, 2026, 03:31 PM

Added:

10 day(s) ago

Rooms & Interior

Bathrooms

Total Bathrooms:

6

Interior

Living Area:

3,215 Sq. Ft.

Structure

Structure

Building Area:

3,215 Sq. Ft.

Year Built:

2022

Lot

Lot Size (Sq. Ft):

7,405

Finances & Disclosures

Finances

Price:

$775,000

Price per Sq. Ft:

$241 per Sq. Ft.

MLS Logo
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.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.