4085 Glenwood Dr SE, Salem, OR 97317

• 6 beds |
• 3 baths |
• 2,590 sqft

Property Description

OWNER CARRY AVAILABLE! Rare opportunity to own a versatile dual-living property featuring two homes on one lot, including a fully permitted ADU, a powered two-story shop, carport, and flexible seller financing terms. Located on .25 acres in Salem's 97317 area code this unique property offers approximately 2,590 sq ft of combined living space with 6 bedrooms and 3 full bathrooms. The property includes a fully permitted 950 sq ft ADU with 2 bedrooms and 1 bathroom. Originally built in 1946, it underwent an extensive permitted renovation in 2020 including new plumbing, electrical service and panel, insulation, roof, siding, structural improvements, and an expanded bathroom, laundry, and utility area with rear entrance. The ADU features ductless heating and cooling, LVP flooring, and is currently rented.Built in 2019, the main residence offers 1,640 sq ft of single-level living with 4 bedrooms and 2 bathrooms. Designed for durability, the home features 3/4-inch plywood sheathing throughout, a gas furnace, heat pump, gas water heater, tile flooring in the kitchen, dining area, and bathrooms, and LVP flooring in the bedrooms. The kitchen includes double ovens and additional built-in storage at the covered side entry.The homes are separated by a divider fence, creating an ideal setup for multigenerational living, owner occupancy with rental income, extended family, guests, or investment purposes. Behind the main home is a powered two-story 22' x 24' shop and an adjacent 18' x 22' carport. Water and sewer service are shared, while each home benefits from its own electric meter. Construction photos documenting both homes are available.Seller financing is available with proposed terms of $100,000 down, 6.3% interest, and a 30-year amortization. All terms are negotiable subject to seller approval. Opportunities offering a fully permitted ADU, newer construction, shop space, rental income potential, and owner carry financing are increasingly difficult to find.

Listing Status:

Active

Data Last Updated:

June 14, 2026 at 6:48AM

Listing Office:

EXP REALTY, LLC : 888-814-9613

Listing Agent:

ROBERT VANLEUVEN : 503-428-1741

MLS ID:

842101

Interior

• Appliances: DisposalDishwasherElectric Water HeaterGas Water HeaterElectric RangeRange Included
• Flooring: Tile
• Heating: Natural GasHeat PumpForced Air

Exterior

• General: GreyRV/Boat StorageWorkshop
• Other Structures: RV/Boat StorageWorkshop
• Parking: Carport

Construction

• Roofing: CompositionShingle
• General: Fiber CementWood SidingLap SidingContinuous

Location

• Originating MLS: Black Knight 2 - Willamette Valley Multiple Listing Service
• County: Marion

Lot

• View: Territorial
• Fencing: Partial

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: Black Knight 2 - Willamette Valley Multiple Listing Service