# 4196 47TH Ave NE, Salem, OR 97305

> **TL;DR:** 4bd/2ba residential multi family, $450,000 ($255/sqft), built 1974, 1,763 sqft.
> 2-car garage. Est. $2,406/mo. Listed 25 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $450,000 |
| Price/sqft | $255 |
| Bedrooms | 4 |
| Bathrooms | 2 full |
| Square Feet | 1,763 |
| Year Built | 1974 |
| Lot Size | 7,405 sqft (0.17 acres) |
| Stories | 1 |
| Garage | 2-car |
| Property Type | Residential Multi Family (Other) |
| Status | Active |
| Days on Market | 25 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,275 |
| Estimated Insurance | $131 |
| **Total** | **$2,406** |

## Nearby Schools

- **Elementary:** Yoshikai
- **Middle:** Stephens
- **High:** McKay

## Key Amenities

- 2-car garage

## Property Highlights

- Built in 1974
- 0.17 acre lot

## Description

### Agent 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!

## Location

- **Address:** 4196 47TH Ave NE, Salem, OR 97305
- **County:** Marion
- **Coordinates:** 44.979921, -122.966438
- **Google Maps:** https://www.google.com/maps?q=44.979921,-122.966438

## Listing Agent

- **Name:** Joey McNamara
- **Brokerage:** Real Broker, LLC
- **Broker Phone:** (855) 450-0442
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/4196-47th-Ave-NE_Salem_OR_97305_M14765-06100?f=listhub&s=RMLSOR&m=581499696&c=propsimple)

## Photos

![4196 47TH Ave NE - Photo 1](http://lh.rdcpix.com/c52f91e4a543b7e2db0de03c4047918dl-f2618473335r.jpg)

![4196 47TH Ave NE - Photo 2](http://lh.rdcpix.com/c52f91e4a543b7e2db0de03c4047918dl-f1160217095r.jpg)

![4196 47TH Ave NE - Photo 3](http://lh.rdcpix.com/c52f91e4a543b7e2db0de03c4047918dl-f2921009772r.jpg)

![4196 47TH Ave NE - Photo 4](http://lh.rdcpix.com/c52f91e4a543b7e2db0de03c4047918dl-f3646862389r.jpg)

![4196 47TH Ave NE - Photo 5](http://lh.rdcpix.com/c52f91e4a543b7e2db0de03c4047918dl-f451975226r.jpg)

![4196 47TH Ave NE - Photo 6](http://lh.rdcpix.com/c52f91e4a543b7e2db0de03c4047918dl-f1183654246r.jpg)

![4196 47TH Ave NE - Photo 7](http://lh.rdcpix.com/c52f91e4a543b7e2db0de03c4047918dl-f148363347r.jpg)

![4196 47TH Ave NE - Photo 8](http://lh.rdcpix.com/c52f91e4a543b7e2db0de03c4047918dl-f3147847104r.jpg)

![4196 47TH Ave NE - Photo 9](http://lh.rdcpix.com/c52f91e4a543b7e2db0de03c4047918dl-f3163352218r.jpg)

![4196 47TH Ave NE - Photo 10](http://lh.rdcpix.com/c52f91e4a543b7e2db0de03c4047918dl-f2149781936r.jpg)

![4196 47TH Ave NE - Photo 11](http://lh.rdcpix.com/c52f91e4a543b7e2db0de03c4047918dl-f809791199r.jpg)

![4196 47TH Ave NE - Photo 12](http://lh.rdcpix.com/c52f91e4a543b7e2db0de03c4047918dl-f3167911810r.jpg)

![4196 47TH Ave NE - Photo 13](http://lh.rdcpix.com/c52f91e4a543b7e2db0de03c4047918dl-f3642353733r.jpg)

![4196 47TH Ave NE - Photo 14](http://lh.rdcpix.com/c52f91e4a543b7e2db0de03c4047918dl-f4038459297r.jpg)

![4196 47TH Ave NE - Photo 15](http://lh.rdcpix.com/c52f91e4a543b7e2db0de03c4047918dl-f1323939335r.jpg)

![4196 47TH Ave NE - Photo 16](http://lh.rdcpix.com/c52f91e4a543b7e2db0de03c4047918dl-f3628387615r.jpg)

![4196 47TH Ave NE - Photo 17](http://lh.rdcpix.com/c52f91e4a543b7e2db0de03c4047918dl-f685793842r.jpg)

![4196 47TH Ave NE - Photo 18](http://lh.rdcpix.com/c52f91e4a543b7e2db0de03c4047918dl-f106246068r.jpg)

![4196 47TH Ave NE - Photo 19](http://lh.rdcpix.com/c52f91e4a543b7e2db0de03c4047918dl-f2282420737r.jpg)

---

**MLS#:** 581499696 | **Updated:** 2026-11-01
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/4196-47th-ave-ne-salem-or-97305-34ad94708e884119a21a3eedbcc9d929)

---

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