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!

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Home facts

  • Year built:1976
  • Listing ID #:190184954
  • Added:64 day(s) ago
  • Updated:April 23, 2026 at 11:22 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
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