Investor Alert! 2 single level detached homes on one lot. Increased opportunity for high return of investment by increasing rents. Also, consider an affordable dual-living situation in a central location or own one home and rent out the other. Each unit is 2 beds and 1 baths. Each have own laundry room, Gas Forced Air heating. Long Term Tenants with great rental history. Rents are way below market rent values with potential to increase return on investment.
Sold
Listed by:
BRIAN AND NINA WHITE Direc:503-851-1645,
Paramount Real Estate Services
$353,000
1480 Park Ave NE, Salem, OR 97301
4beds
2baths
1,300sqft
Duplex
Built in 1947
-- sqft lot
$353,200 Zestimate®
$272/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: April 28, 2025 at 11:22am
Listed by:
BRIAN AND NINA WHITE Direc:503-851-1645,
Paramount Real Estate Services
Bought with:
MICHAEL LOWERY
Homesmart Realty Group
Source: WVMLS,MLS#: 825306
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Dining room
- Features: Area (Combination)
Heating
- Natural Gas, Forced Air
Appliances
- Included: Electric Range, Range Included, Electric Water Heater, Refrigerator
- Laundry: W/D Hookup
Features
- Flooring: Carpet
- Has fireplace: No
Interior area
- Total structure area: 1,300
- Total interior livable area: 1,300 sqft
Property
Parking
- Parking features: Shared Driveway
Features
- Fencing: Partial
Lot
- Size: 5,632 sqft
- Dimensions: 60 x 114
- Features: Irregular Lot, Landscaped
Details
- Zoning: RS
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Wood Siding, Lap Siding
- Foundation: Continuous
- Roof: Composition
Condition
- New construction: No
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Connected
Community & neighborhood
Location
- Region: Salem
HOA & financial
Other financial information
- Total actual rent: 2240
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Services availability
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$353,200
2% more+ $7,064
With Showcase(estimated)
$360,264