Charming and updated in 2021, this duplex features two 1-bedroom, 1-bathroom units, each with updated finishes, and efficient layouts. Ideal for investors or owner-occupant, the property offers separate utilities, off-street parking and divided outdoor space. With the potential to add an ADU, conveniently located. Buyers to do their own due diligence.
HomeSmart Realty GroupLicense #201220063Listed on: 06/05/2025
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$2,281
Year Built
Built in 1900 | Remodeled
Lot Details
4,356 Sq Ft Lot
Parking
On-Street Parking
Home Design
Shingle Roof
Lap Siding
Cement Siding
Interior Spaces
2-Story Property
Range
Bedrooms and Bathrooms
2 Bedrooms
2 Bathrooms
Schools
Grant Elementary School
Parrish Middle School
North Salem High School
Utilities
Ductless Heating Or Cooling System
Heating Available
Electric Water Heater
Listing and Financial Details
Assessor Parcel Number 584477
Community Details
Overview
2 Units
Building Details
Gross Income $14,400
Net Operating Income $14,400
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$2,281
Year Built
Built in 1900 | Remodeled
Lot Details
0
Listing Details
Standard Status: Pending
MLS Status: Pending
Property Type: MultiFamily
Stories: 2
Year Built: 1900
Property Condition: UpdatedRemodeled
Property Attached Yn: No
Open House: No
Special Features: None
Property Sub Type: MultiFamily
Interior Features
Total Bedrooms: 2
Lot Size Range: SqFt3000to4999
Exterior Features
Exterior Description: CementSiding,LapSiding
Lot Size: 3,000 to 4,999 SqFt
View: No
Road Surface Type: Paved
Roof: Shingle
Garage/Parking
Parking Description: OnStreet
Attached Garage: No
Utilities
Fuel Description: Electricity
Hot Water: Electricity
Cooling: None
Cooling Y N: No
Heating: Ductless
Heating Yn: Yes
Sewer: PublicSewer
Water Source: PublicWater
Schools
Elementary School: Grant
High School: North Salem
Middle Or Junior School: Parrish
Lot Info
Zoning: RM2
Lot Size Acres: 0.1
Lot Size Sq Ft: 4356.0
Parcel #: 584477
Green Features
Green Certification: No
Rental Info
Rent Includes: None
Tax Info
Tax Deferral: No
Tax Year: 2024
Tax Annual Amount: 2280.73
Multi Family
Unit Type: UnitTypeType1, UnitTypeType2
Number Of Units Total: 2
Gross Rent Multiplier: 22.92
Annual Gross Income: 14400.0
Property Net Operating Income: 14400.0
Map
Range of Values:
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ICE
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
Accepted Offer with Contingencies. Charming and updated in 2021, this duplex features two 1-bedroom, 1-bathroom units, each with updated finishes, and efficient layouts. Ideal for investors, owner-occupant, or multi-generational living, the property offers separate utilities, off-street parking, and a divided outdoor space. With the potential to an ADU, conveniently located. Buyers to do their
665 Norway is a 1936 Cottage with 2 bdrms 1 bath. Fully applianced kitchen; wood floors, FA Gas; newer roof and freshly painted exterior. Fenced yard. Recently rented for $1450 per month. 655 is a converted single garage to a 1 bdrm 1 bath unit - Recently rented for $950 per month.Close to transportation; Grant Elementary School. Refer to RES listing WVMLS# 821056
Great value on this charming, well-kept duplex offering two 2BD/1BA units, each with a tub-shower combo, washer/dryer hookup, functional layout and single car garage. Conveniently located near bus line and just minutes to downtown Salem. Strong rental appeal with cozy living spaces and consistent tenant demand. Duplex next door also for sale – excellent opportunity to own neighboring income
Brian SmithCOLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
Great value on this charming, well-kept duplex offering two 2BD/1BA units, each with a tub-shower combo, washer/dryer hookup, functional layout and single car garage. Conveniently located near bus line and just minutes to downtown Salem. Strong rental appeal with cozy living spaces and consistent tenant demand. Duplex next door also for sale – excellent opportunity to own neighboring income
Brian SmithCOLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
Unique rental housing opportunity. 5 room boarding home located 1 mile from the Willamette University campus. Off street parking will accommodate all tenants. CR Zoning provides flexibility for future uses (Previously used for Title Office). Please do not disturb the tenants.
This home is located at 1605 4th St NE Unit 1609, Salem, OR 97301 and is currently priced at $330,000. This property was built in 1900. 1605 4th St NE Unit 1609 is a home located in Marion County with nearby schools including Grant Community School, Parrish Middle School, and North Salem High School.
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