$439,900

4324 47TH Ave Ne, Salem, OR 97305

1,796 sqft

Multi-Family Home
Built in 1976
6,970sqft lot
2 car garage
$245/sqft
Listed 1 month ago

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!

Listing Status:: Active
Date Added:: February 18, 2026
Data Last Updated:: April 4, 2026 at 10:42PM
Listing Office:: Willner Properties LLC : 503-433-5000
Listing Agent:: Cody Willner : 503-349-4952
MLS ID:: 190184954

Basement: Crawl space
Heating: Wall heaterZoned

General: Cement sidingLap sidingT 111 siding
Parking: DrivewayGarageParking spaces: 2

Roofing: Composition
General: Concrete perimeter

Road/Access: Paved
Originating MLS: Regional Multiple Listing ServiceInc.
County: Marion

Zoning: RSCOLLEGE PARK ESTATES NO 2BLOCK 2LOT 17ACRES 0.161546084
View: View

Water: Community
Sewer: Public sewer

Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Cody Willner , Willner Properties LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Yoshikai Elementary School

4900 Jade St NE, Salem, OR, 97305

Grades KG-5

0.33 miles away

Stephens Middle School

4962 Hayesville Dr NE, Salem, OR, 97305

Grades 6-8

0.66 miles away

McKay High School

2440 Lancaster Dr NE, Salem, OR, 97305

Grades 9-12

1.83 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.