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Listed by Willner Properties LLC • randy@willnerpropertiesnw.com
$429,900
Est. payment /mo
1,796 SqFt
Price Dropped by $10K
4324 47TH AVE NE Salem, OR 97305
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,796 sqft
Price per Sqft $239
Subdivision Hayesville
MLS Listing ID 190184954
Year Built 1976
Annual Tax Amount $3,447
Tax Year 2025
Lot Size 6,969 Sqft
Property Description
Fully rented, corner lot, single-level duplex in quiet part of Hayesville neighborhood! Potential to live in one side and rent out the other. Both units (4324 47th and 4710 Linfield) are similarly sized, but slightly different layouts. Both units have a generous single-car garages. Rents are $1,330 and $1,395 with excellent tenant history. With minimal expenses, this brings a cap rate of nearly 6% when factoring in taxes and Seller's current insurance rate. There is a new roof and new gutters and fresh paint. Well maintained units!
Location
State OR
County Marion
Area _176
Zoning RS
Rooms
Basement Crawl Space
Interior
Heating Wall Heater, Zoned
Exterior
Garage Spaces 2.0
View Territorial
Roof Type Composition
Garage No
Building
Lot Description Corner Lot, Level, Public Road
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Community
Level or Stories 1
Schools
Elementary Schools Yoshikai
Middle Schools Stephens
High Schools Mckay
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
Nearby School & Business
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