About This Home

This 4-bedroom, 2-bathroom residential multi family at 4196 47TH Ave NE in Salem, OR is listed for $450,000 ($255 per sqft). Built in 1974, the home offers 1,763 sqft of living space on a 0.17 acres lot.

Key Features

  • Built in 1974
  • 0.17 acre lot

Property Details

1 story
2 full
2-car garage
1974
Listing Description

Great investment opportunity in the desirable Hayesville neighborhood! This single-level duplex sits on a corner lot and offers an ideal combination of convenience, functionality, and income potential. Located close to Chemeketa Community College, schools, shopping, and easy I-5 access, the property is well-positioned for both investors and owner-occupants.

Both units feature 2 bedrooms and 1 bathroom. Both units include a full kitchen with dishwasher, refrigerator, electric range, and garbage disposal, along with washer/dryer hookups, vinyl floors in kitchen and eating areas, carpet in living and bedrooms and fenced backyards. Each unit also includes a single-car attached garage. Recent exterior paint adds to the property's well-maintained appeal. A versatile property with strong rental potential and a convenient location-an opportunity not to be missed!

Monthly Cost Estimate

$2,407/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,950
Insurance$131

Estimates only. Actual payments may vary.

Location

4196 47TH Ave NE

Salem, OR 97305

Property Details

Heating

Forced Air

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 4196 47TH Ave NE is listed at $450,000 ($255/sqft). The estimated monthly payment is $2,406 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1974, 0.17 acre lot.

This property is listed by Joey McNamara.

JM

Joey McNamara

Agent at Real Broker, LLC

Listed by Real Broker, LLC · Broker phone: (855) 450-0442 · View on Broker Site · Broker website

MLS# 581499696· Source: Regional Multiple Listing Services· 23 days on PropertySimple

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4196 47TH Ave NE, Salem, OR 97305

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