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1946 SPICETREE LN Salem, OR $ 642,000
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$ 642,000 Get more info
1946 SPICETREE LN
$ 642,000
Back to search
Share Save

1946 SPICETREE LN

Salem, OR, 97306
$ 642,000
Bedrooms6 Baths6.0 Sq 2,980

Monthly Estimate*

$ 4,485

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Multi-Family Home for sale in Salem, OR

for $642,000 with 6 bedrooms and 6 full baths. This 2,980 square foot home was built in 1994 on a lot size of 0.21.

Amazing opportunity to own a Duplex in desirable South Salem area. On a street with newer and renovated duplexes. This Multi-family home has a spacious layout with 6 bedrooms and 2.5 bathrooms, (Each side of the duplex has 3 beds and 2.5 bathroom) with approximately 2,980 sq ft, of space total for both units. Each unit has an attached 2 car garage. Interior laundry room. Large living room/dining area that has a great territorial view of the backyard. Long term renter history, tenants would prefer to stay. Great investment opportunity. Do not disturb tenants. Property showable with proof of funds.

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Multi-Family Pending

Price

$ 642,000

Bedrooms

6

Full Bath

6

Property Type

Multi-Family

Taxes

$ 6,465

Style

Lot Size

0.21

Year Built

1994

Town/City

Salem

County/Region

Marion

MLS | Web ID

24310732
Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling None
Roof Tile
Zoning RES
Garage Spaces 2.0
Year Built 1994
Stories 2
Tax Year 2024
Gross Income 48228.0
County Marion
Net Operating Income 35154.0
Operating Expense 11041.0
Property Type MultiFamily
Subdivision Name Cinnamonwood Estates
Rent Includes None
Status Pending
Directions Commerical Street South to Fairview Ave to Reese Hill Rd to Spicetree Ln to location.
High School Sprague
City Salem
Total Units 2
MLS Area _170
Lot Size Square Feet 9147.0
Street Name SPICETREE
Listing Terms Cash Conventional
Elementary School Battle Creek
Tax Annual Amount 6465.29
Middle/Junior High School Judson
Property Condition Existing
Days on Market 32
Standard Status Pending
Legal Description CINNAMONWOOD ESTATES LOT 12 BLK 2
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Interior
Basement CrawlSpace
Storage Garage
Hot Water Gas
Unit 1 Baths Total 3
Unit 1 Beds Total 3
Unit 2 Baths Total 3
Unit 2 Beds Total 3
Street Suffix LN
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Driveway Garage
Lot Features FlagLot GentleSloping Secluded
Water Source PublicWater
Total Parking 4.0
Exterior Description CementSiding LapSiding
Foundation Details ConcretePerimeter
Building Area Total 2980.0
Lot Dimensions 77x92
Lot Size Acres 0.21
Road Surface Type Paved
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Internal Only
Street Number 1 1946
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* Excluded Features
List By
Hallmark Properties, Inc.

Broker

gina@hpihomes.com

Email

Affordability Calculator

$5,023
Per Month
89%
11%
0%
Monthly Principal & Interest
$4,485
Monthly Property Taxes
$539
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
1949446 Elementary School
1949712 Middle School
Sprague High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/21/2024$642,000 Listed Price

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1946 SPICETREE LN, Salem, OR, 97306 is a Multi-Family Home for sale at $642,000 with 2,980 sqft and a lot size of 0.21. 1946 SPICETREE LN has 6 bedrooms, 6.0 baths, and was built in 1994. The property's zip code is 97306 which is in Salem, OR

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