4324 47th Ave Ne, Salem, OR 97305

Salem
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
4324 47th Ave Ne,Salem, OR 97305
$429,900
  • - Beds
  • - Baths
  • 1,796 sq. ft.
  • Multi-family
  • Active
Listed by: cody willner
Office: willner properties llc.503-433-5000
MLS#:190184954
Source:PORTLAND

Price summary

  • Price:$429,900
  • Price per sq. ft.:$239.37

About this home

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!

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1976
  • Listing ID #:190184954
  • Added:75 day(s) ago
  • Updated:April 26, 2026 at 11:18 AM

Rooms and interior

  • Basement Description:Crawl Space
  • Living area:1,796 sq. ft.

Heating and cooling

  • Heating:Zoned

Structure and exterior

  • Roof:Composition
  • Year built:1976
  • Building area:1,796 sq. ft.
  • Lot area:0.16 Acres
  • Lot Features:Corner Lot, Level, Public Road
  • Foundation Description:Concrete Perimeter
  • Levels:1 Story

Schools

  • High school:McKay
  • Middle school:Stephens
  • Elementary school:Yoshikai

Utilities

  • Water:Community
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$429,900
  • Price per sq. ft.:$239.37
  • Tax amount:$3,448 (2025)

Parking

  • Total parking spaces:2
  • Parking description:Driveway, Garage
  • Garage spaces:2
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate Equinox are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: April 26, 2026

New listings near 4324 47th Ave Ne