$330,000
PENDING

1605 4th St NE Unit 1609 Salem, OR 97301

Grant Neighborhood

Estimated payment $2,029/month

Total Views 1,026
2 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

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.

Listing Agent

LILIANA BARRON

HomeSmart Realty Group License #201220063 Listed on: 06/05/2025

HomeSmart Realty Group

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $2,281 $116,160 -- --
2023 $2,214 $112,780 $0 $0
2022 $2,087 $109,500 $0 $0
2021 $2,028 $106,320 $0 $0
2020 $1,802 $94,480 $0 $0
2019 $1,738 $91,730 $0 $0
2018 $1,769 $0 $0 $0
2017 $1,597 $0 $0 $0
2016 $1,521 $0 $0 $0
2015 $1,533 $0 $0 $0
2014 $1,483 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Pending -- -- --
06/05/2025 06/05/25 For Sale $330,000 -- --
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $157,500 None Available
Sheriffs Deed $170,000 None Available
Warranty Deed $145,000 Ticor Title
Warranty Deed $117,500 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $182,000 New Conventional
Closed $102,000 New Conventional
Previous Owner $21,750 Stand Alone Second
Previous Owner $116,000 Purchase Money Mortgage
Previous Owner $17,625 Stand Alone Second
Previous Owner $94,000 Fannie Mae Freddie Mac
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 392733785

Regional Multiple Listing Service (RMLS)

APN: 584477