4324 47th Ave Ne, Salem, Oregon 97305

OR, Salem
$439,900
  • 0.16 Acre
  • MultiFamily Property Type
  • 1976 Year Built
  • Active Status
Steven Meyer
Steven Meyer Realtyna
  • (302) 525 8222
  • Steven.m@realtyna.net
  • 200 Continental Drive, Suite 401, Newark, DE 19713 USA
Property Description

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!

Basic Details
  • Property Type: MultiFamily
  • Listing Type: For Sale
  • Listing ID: 190184954
  • Price: $439,900
  • Year Built: 1976
  • Lot Area: 0.16 Acre
  • Roof: Composition
  • Office Name: Willner Properties LLC
  • Agent Name: Cody Willner
  • Contact By: randy@willnerpropertiesnw.com
  • Office Phone: 503-433-5000
  • Listing Status: Active
Features
  • Heating System Zoned,Wall Heater
  • Basement Crawl Space
  • Parking Driveway,Garage
  • Sewer Public Sewer
Address Map
  • Country US
  • State OR
  • County Marion
  • City Salem
  • Zipcode 97305
  • Street: 47TH
  • Street Number: 4324
  • Street Suffix: AVE
  • Longitude: W123° 2' 0.7''
  • Latitude: N44° 58' 54.8''
  • Mls Area Major: _176
  • Street Dir Suffix: NE
  • Zoning: RS
Neighborhood
  • Elementary School: Yoshikai
  • High School: Mc Kay
  • Middle School: Stephens
Additional Information
  • Building Size: 1796
  • Foundation Details: Concrete Perimeter
  • Garage: 2.0
  • Lot Features: Corner Lot,Level,Public Road
  • Number Of Units Total: 2
  • On Market Date: 2026-02-18
  • Rent Includes: Sewer, Water
  • Stories: 1
  • Water Source: Community
Listing Information
  • Listing Term: Cash, Conventional, FHA, VALoan
  • Mls Status: Active
  • Modification Timestamp: 2026-03-23T03:26:36Z
  • Originating System Name: RMLS
  • Status Change Timestamp: 2026-03-22T20:26:36Z
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Last updated on 04/06/2026 10:34