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2027 Coral Ave NE

Salem, OR 97305
  • $400,000
  • STATUS: Active
  • ON SITE: 88 Days
  • MLS #: 498772327
UPDATED: 68 min ago
$400,000
  • 4
    BEDS
  • 0.22
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,852
    SQFT
  • $216
    $/SQFT
Type:
Single-Family Home
Built:
1948
County:

School Information

Elementary School:
Middle School:
High School:

Description

This property opens the door to a variety of possibilities with a single-family home and duplex situated on one lot. Whether you're looking to offset your mortgage with rental income, expand your investment portfolio, or create a multigenerational living setup, opportunities like this are hard to find. The duplex features two 1-bedroom, 1-bathroom units and has a strong rental history with minimal vacancies. The main home has updated plumbing, while the property also includes underground sprinklers in both the front and backyard, a spacious yard, and additional storage with a shed. The home roof was replaced approximately 3 years ago with a Presidential roof, and the shed roof is approximately 4 years old. RV parking adds even more flexibility. Convenient Salem location close to shopping, dining, schools, and everyday amenities. Rare chance to own multiple income-producing units on a single parcel.

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Listing content is copyright © 2026 RMLS™, Portland, Oregon. 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 Coho Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2026-09-14T10:49:23.34.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Coho Realty and should be independently verified.
www.coho.realty/homes/177833221
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2027 Coral Ave NE Salem, OR 97305

  • Price: $400,000
  • Status: Active
  • On Site: 88 Days
  • Updated: 68 min ago
  • MLS #: 498772327
4
Beds
1
Baths
0
½ Baths
0.22
Acres
1,852
SQFT
$216
$/SQFT
1948
Built
Neighborhood:
176-Marion Co: East Salem N
County:
Marion
Area:
176-Marion Co: East Salem N
Elementary School:
Swegle
Middle School:
Waldo
High School:
Mckay
Property Description
This property opens the door to a variety of possibilities with a single-family home and duplex situated on one lot. Whether you're looking to offset your mortgage with rental income, expand your investment portfolio, or create a multigenerational living setup, opportunities like this are hard to find. The duplex features two 1-bedroom, 1-bathroom units and has a strong rental history with minimal vacancies. The main home has updated plumbing, while the property also includes underground sprinklers in both the front and backyard, a spacious yard, and additional storage with a shed. The home roof was replaced approximately 3 years ago with a Presidential roof, and the shed roof is approximately 4 years old. RV parking adds even more flexibility. Convenient Salem location close to shopping, dining, schools, and everyday amenities. Rare chance to own multiple income-producing units on a single parcel.
Exterior Features

Architectural Style Bungalow Attached Garage YN No Exterior Description Vinyl Siding Exterior Features Accessory Dwelling Unit Covered Deck Fenced RVParking RVBoat Storage Second Residence Security Lights Yard Garage Type Converted Lot Features Corner Lot Parking Features Driveway On Street Parking Total 0 Road Surface Type Concrete Roof Composition View YN No

Interior Features

Additional Room Description _4th Bedroom Additional Room Level Main Appliances Free Standing Range Free Standing Refrigerator Bathrooms Full Lower Level 0 Bathrooms Full Main Level 1 Bathrooms Full Upper Level 0 Bathrooms Partial Lower Level 0 Bathrooms Partial Main Level 0 Bathrooms Partial Upper Level 0 Cooling None Cooling YN No Fireplace Features Wood Burning Fireplace YN Yes Fireplaces Total 1 Heating Forced Air Heating YN Yes Kitchen11 Level Main Living Room Level Main Lower Level Area Total 0 Main Level Area Total 1456 Primary Bedroom Level Main Second Bedroom Level Main Third Bedroom Level Upper Upper Level Area Total 396

Property Features

Association YN No Bank Owned YN No Fuel Description Electricity Green Certification YN No Home Warranty YN No Hot Water Description Electricity IDXAddress Display YN Yes Listing Terms Cash Conventional Owner Will Carry Rehab New Construction YN No Property Attached YN No Property Condition Fixer Property Sub Type Single Family Residence Rent Amount 0 RVDescription RVHookup RVParking RVBoat Storage Senior Community YN No Sewer Public Sewer Short Sale YN No Tax Annual Amount 3446.53 Tax Year 2025 Water Source Public Water Zoning RS

Listing provided courtesy of Keller Williams Premier Partners: jacqueline@evergreenrealestatepartners.com.


Listing content is copyright © 2026 RMLS™, Portland, Oregon. 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 Coho Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2026-09-14T10:49:23.34.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Coho Realty and should be independently verified.
 
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Coho Realty
500 Liberty St SE, Suite 410
Salem OR, 97301