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 primary bedroom, laundry hookups & 1 car garage. Owner pays Water/Sewer/Garbage. Long term owner & stable rental history. Roof replaced in 2013. Full property inspection on file. Make an Offer!
For sale
Listed by:
JORDAN SPARKS 541-646-0650,
Smi Real Estate,
ELESA DOLL,
Smi Real Estate
Price cut: $40K (4/7)
$695,000
3639 47th Ave NE, Salem, OR 97305
8beds
4baths
3,664sqft
Est.:
Quadruplex
Built in 1978
-- sqft lot
$690,400 Zestimate®
$190/sqft
$-- HOA
What's special
Open floor planLarge bedrooms
- 104 days
- on Zillow |
- 529 |
- 33 |
Zillow last checked: 7 hours ago
Listing updated: April 19, 2025 at 03:03pm
Listed by:
JORDAN SPARKS 541-646-0650,
Smi Real Estate,
ELESA DOLL,
Smi Real Estate
Source: WVMLS,MLS#: 824885

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Dining room
- Features: Area (Combination)
Heating
- Electric, Zoned
Appliances
- Included: Dishwasher, Disposal, Electric Range, Range Included, Electric Water Heater, Refrigerator
- Laundry: W/D Hookup
Features
- Flooring: Carpet, Laminate, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 3,664
- Total interior livable area: 3,664 sqft
Property
Parking
- Parking features: garage
Features
- Exterior features: Green
Lot
- Size: 10,019 Square Feet
Details
- Parcel number: 558422
- Zoning: RM
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Wood Siding, T111
- Foundation: Continuous
- Roof: Composition
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Polaris Estates
HOA
- Has HOA: No
Location
- Region: Salem
Financial & listing details
- Price per square foot: $190/sqft
- Tax assessed value: $532,960
- Annual tax amount: $5,539
- Price range: $695K - $695K
- Date on market: 1/27/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,VA Loan,FHA,1031 Exchange
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