1015 Park Ave NE Unit 1025 Salem, OR 97301
Northeast Salem NeighborhoodEstimated payment $3,018/month
About This Home
Turnkey duplex with prime location! Fully remodeled, freshly repainted, and boasting a 95%+ occupancy rate, this income-producing property is just minutes from shopping, restaurants, and freeway access. One unit is tenant occupied providing instant rental income while the other side is move in ready and perfect for an owner occupant or additional rental potential.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,326
Year Built
- Built in 1973
Lot Details
- 9,195 Sq Ft Lot
Home Design
- 1,930 Sq Ft Home
- Duplex
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Community Details
- 2 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,326 | $169,410 | -- | -- |
| 2023 | $3,228 | $164,480 | $0 | $0 |
| 2022 | $3,044 | $159,690 | $0 | $0 |
| 2021 | $2,957 | $155,040 | $0 | $0 |
| 2020 | $2,871 | $150,530 | $0 | $0 |
| 2019 | $2,770 | $146,150 | $0 | $0 |
| 2018 | $2,819 | $0 | $0 | $0 |
| 2017 | $2,544 | $0 | $0 | $0 |
| 2016 | $2,423 | $0 | $0 | $0 |
| 2015 | $2,442 | $0 | $0 | $0 |
| 2014 | $2,332 | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/27/2025 09/27/25 | Price Changed | $515,000 | -3.7% | $267 / Sq Ft | |
| 09/02/2025 09/02/25 | Price Changed | $535,000 | -2.7% | $277 / Sq Ft | |
| 08/15/2025 08/15/25 | For Sale | $550,000 | +217.0% | $285 / Sq Ft | |
| 02/24/2014 02/24/14 | Sold | $173,500 | -8.6% | $90 / Sq Ft | View Prior Sale |
| 12/20/2013 12/20/13 | Pending | -- | -- | -- | |
| 10/04/2013 10/04/13 | For Sale | $189,900 | -- | $98 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $173,500 | Fidelity National Title Or | |
| Bargain Sale Deed | $100,000 | Fatco | |
| Interfamily Deed Transfer | -- | First American | |
| Bargain Sale Deed | -- | First American | |
| Special Warranty Deed | $115,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $130,125 | New Conventional | |
| Previous Owner | $127,750 | Purchase Money Mortgage |
Source: Willamette Valley MLS
MLS Number: 832651
APN: 527120
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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. WVMLS Member Broker: Arlene Richardson
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