3639 47th Av NE NE Active

Salem,OR 97305

$ 735000

8 Beds

4 Baths

3664 SqFt


Key Details

Property Type Multi-Family

Sub Type 4-Plex

Listing Status Active

Purchase Type For Sale

Square Footage 3,664 sqft

Price per Sqft $200

Subdivision Polaris Estates

MLS Listing ID 824885

Bedrooms 8

Year Built 1978

Annual Tax Amount $5,539

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type 4-Plex

Property Description

Solid Owner Occupant or Investment opportunity in NE Salem! This well maintained 4-Plex offers a great price point, rental upside & (1) Vacant downstairs unit ready for an owner occupant or Market rate tenant. All units are 2 bed/1 bath/916 SF with large bedrooms, large laundry area & 1 car garage. 10% rent increases have been issued and take effect on May 1, 2025. Owner pays Water/Sewer/Garbage. Long term owner & stable rental history. Roof replaced in 2013. Sale Fail due to Buyer financing.

Location

State OR

County Marion

Area 30 Suburban E Salem/North

Rooms

Dining Room Area (Combination)

Interior

Hot Water Electric

Heating Electric,Zonal

Flooring Carpet,Laminate,Vinyl

Laundry W/D Hookup

Exterior

Roof Type Composition

Building

Foundation Continuous

Sewer City

Water City

New Construction No

Schools

Middle Schools Adam Stephens

High Schools Mckay

Others

Acceptable Financing FHA,Federal VA,Cash,Conventional

Listing Terms FHA,Federal VA,Cash,Conventional

View More
Favorite Go Tour