$465,000
UNDER CONTRACT

4862-4864 Cougar Ct SE Salem, OR 97317

Estimated payment $2,755/month

Total Views 14,104
6 Beds
2 Baths
2,074 Sq Ft
$224 Price per Sq Ft

Highlights

  • Fenced Yard
  • Patio
  • Baseboard Heating
  • Cul-De-Sac
  • Luxury Vinyl Plank Tile Flooring
  • Dining Area

About This Home

Accepted Offer with Contingencies. Excellent investment opportunity! Well-maintained duplex in SE Salem offering steady rental income. Each unit features comfortable living areas and private outdoor space. Located in a neighborhood with easy access to shopping, dining, schools, and major commuting routes. Perfect for investors or owner-occupants looking to live in one unit while renting the other. Both units currently occupied with reliable tenants in place. Don't miss this chance to add a solid performer to your portfolio!

Listing Agent

ERIN GARIBAY

HOMESMART REALTY GROUP License #201218263 Listed on: 08/01/2025

HOMESMART REALTY GROUP

Co-Listing Agent

RUBEN GARIBAY

HOMESMART REALTY GROUP License #201244942

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,321

Year Built

  • Built in 1975

Lot Details

  • 9,478 Sq Ft Lot
  • Cul-De-Sac
  • Fenced Yard

Home Design

  • Duplex
  • Composition Roof
  • T111 Siding

Interior Spaces

  • 2,074 Sq Ft Home
  • Dining Area
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Schools

  • Mary Eyre Elementary School
  • Houck Middle School
  • South Salem High School

Additional Features

  • Patio
  • Baseboard Heating

Community Details

  • 2 Units
  • Briarwood 03 Subdivision

Listing and Financial Details

  • Exclusions: washers/dryers/tenants property
  • Legal Lot and Block 51 / 6

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,321

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Range Facility: Electric
  • Syndicated Remarks: Accepted Offer with Contingencies. Excellent investment opportunity! Well-maintained duplex in SE Salem offering steady rental income. Each unit features comfortable living areas and private outdoor space. Located in a neighborhood with easy access to shopping, dining, schools, and major commuting routes. Perfect for investors or owner-occupants looking to live in one unit while renting the other. Both units currently occupied with reliable tenants in place. Don't miss this chance to add a solid performer to your portfolio!
  • Cross Street: State
  • Year Built: 1975
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Exclusions: washers/dryers/tenants property
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Luxury Vinyl Plank
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 224.2
  • Price Per Sq Ft: 224.2

Exterior Features

  • Patio: Patio
  • Fenced Yard: Yes
  • Roof: Composition
  • Siding Style: T111

Utilities

  • Heating: Baseboard
  • Water: City
  • Sewer: City

Schools

  • Elementary School: Mary Eyre
  • Middle School: Houck
  • High School: South Salem

Lot Info

  • Acres: 0.22
  • Estimated Lot Sq Ft: 9478
  • Lot: 51
  • Lot Type: Cul-De-Sac
  • Price Per Acre: 2113636.36
  • Zoning: Multi-Family Res, 2
  • Property Use Type: Investment
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2024
  • Tax Account Number: 543516
  • Tax Amount: 3321

Multi Family

  • Number Of Units: 2

MLS Schools

  • HighSchool: South Salem
  • Middle School: Houck
  • Elementary School: Mary Eyre

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

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 For Sale $465,000 -- $224 / Sq Ft
Source: Willamette Valley MLS

About the Listing Agent

ERIN GARIBAY
ERIN GARIBAY

HOMESMART REALTY GROUP

(503) 447-8515

Section Image

Erin and Ruben Garibay are a dedicated husband and wife real estate team, proudly serving Salem, Oregon, and the beautiful Willamette Valley. As natives of the area, they possess an in-depth understanding of the local market. Committed to their clients, the Garibays prioritize exceptional service and community involvement while cherishing quality time with their family. Let their expertise guide you in your real estate journey! Google: Garibay Realty Team for client reviews.

View ERIN's Profile

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Source: Willamette Valley MLS

MLS Number: 832187

Willamette Valley MLS
Oregon Marion County Salem 97317

4862-4864 Cougar Ct SE, Salem, OR

This home is located at 4862-4864 Cougar Ct SE, Salem, OR 97317 and is currently priced at $465,000, approximately $224 per square foot. This property was built in 1975. 4862-4864 Cougar Ct SE is a home located in Marion County with nearby schools including Eyre Elementary School, Houck Middle School, and South Salem High School.

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.

Willamette Valley MLS 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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ERIN GARIBAY
ERIN GARIBAY
Listing Agent Section Image
HOMESMART REALTY GROUP
(503) 447-8515