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3639 47TH Ave

Salem, OR 97305
  • $695,000
  • STATUS: Active
  • ON SITE: 79 Days
  • MLS #: 662387526
Price Reduced
UPDATED: 71 min ago
$695,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,664
    SQFT
  • $190
    $/SQFT
Type:
Multi-Family
Built:
1978
County:

School Information

Elementary School:
Middle School:
High School:

Description

'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 bedrooms, large laundry area & 1 car garage. 10% rent increases have been issued and take effect on May 1, 2025. Owner pays Water/Sewer/Garbage. Long term owner & stable rental history. Roof replaced in 2013. Sale Fail due to Buyer financing.'

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Listing content is copyright © 2025 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 2025-04-19T22:48:14.937.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/159861327
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3639 47TH Ave Salem, OR 97305

  • Price: $695,000
  • Status: Active
  • On Site: 79 Days
  • Updated: 71 min ago
  • MLS #: 662387526
0
Beds
0
Baths
0
½ Baths
0.23
Acres
3,664
SQFT
$190
$/SQFT
1978
Built
Neighborhood:
176-Marion Co: East Salem N
County:
Marion
Area:
176-Marion Co: East Salem N
Elementary School:
Lamb
Middle School:
Stephens
High School:
Mckay
Property Description
'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 bedrooms, large laundry area & 1 car garage. 10% rent increases have been issued and take effect on May 1, 2025. Owner pays Water/Sewer/Garbage. Long term owner & stable rental history. Roof replaced in 2013. Sale Fail due to Buyer financing.'
Exterior Features

Attached Garage YN No Exterior Description Wood Siding Parking Features Garage Road Surface Type Paved Roof Composition View YN No

Interior Features

Cooling None Cooling YN No Heating Baseboard Zoned Heating YN Yes

Property Features

Bank Owned YN No Fuel Description Electricity Green Certification YN No Gross Income 0 Hot Water Description Electricity IDXAddress Display YN Yes Listing Terms Cash Conventional FHA VALoan Net Operating Income 0 Operating Expense 0 Property Attached YN No Rent Includes None Sewer Public Sewer Short Sale YN No Tax Annual Amount 5538.6 Tax Year 2024 Water Source Public Water Zoning RM

Listing provided courtesy of SMI Commercial Real Estate LLC: .


Listing content is copyright © 2025 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 2025-04-19T22:48:14.937.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