3514 HERMOSA CT NE Salem, OR $ 479,900
3514 HERMOSA CT NE
$ 479,900
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3514 HERMOSA CT NE

Salem, OR, 97305
$ 479,900
Bedrooms4 Baths4.0 Sq 2,032

Monthly Estimate*

$ 2,955

3514 HERMOSA CT NE, Salem, OR 97305 - Image 1

Multi-Family Home for sale in Salem, OR

for $479,900 with 4 bedrooms and 4 full baths. This 2,032 square foot home was built in 1972 on a lot size of 0.25.

Well-built and well maintained duplex. Both sides are spacious 2bd, 1.5 bath units. Upgrades over the years include hardi-plank siding, garage doors, kitchen appliances, flooring and more. 3514 sports a 2 car garage, while 3524 offers a 1 car garage. 3524 had major overhaul in Dec 2021. Tenants pay all utilities except water and sewer. Rents are $1560 each side.

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Multi-Family Active

Price

$ 479,900

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 3,337

Style

Lot Size

0.25

Year Built

1972

Town/City

Salem

County/Region

Marion

MLS | Web ID

405683462

Features
General
Sewer PublicSewer
Heating ForcedAir
Zoning RL
Garage Spaces 3.0
Security Features None
Year Built 1972
Stories Count 1
Tax Year 2025
Parcel Number 556142
Gross Income 37440.0
County Marion
Net Operating Income 31103.0
Operating Expense 3338.0
Property Type MultiFamily
HOA N
Subdivision Name Neighborly Addition
Rent Includes Sewer Water
Status Active
Directions Silverton
High School McKay
City Salem
Disclosures Disclosure
Number Of Units Total 2
MLS Area _170
Lot Size Square Feet 10890.0
Listing Terms Conventional FHA VALoan
Elementary School Lamb
Tax Annual Amount 3337.13
Middle/Junior High School Stephens
Property Condition Existing
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description NEIGHBORLY ADDITION BLOCK 1 LOT FR 18 ACRES 0.246
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Interior
Basement None
Storage Garage
Hot Water Gas Tank
Unit 3 Baths Total 2
Unit 3 Beds Total 2
Unit 4 Baths Total 2
Unit 4 Beds Total 2
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Exterior
Lot Features Level
Water Source PublicWater
Exterior Description CementSiding LapSiding
Building Area Total 2032.0
Lot Dimensions Irregular
Lot Size Acres 0.25
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Internal Only
Street Number 1 3514
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* Excluded Features
List By
Bst Realty Llc

Broker

Broker@bstre.com

Contact

Affordability Calculator

$3,233
Per Month
91%
9%
0%
Monthly Principal & Interest
$2,955
Monthly Property Taxes
$278
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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Nearby
3592957 Elementary School
1949317 Middle School
McKay High School High School
Pricing History
DatePricePrice ChangeDescription
5/29/2026$479,900 Listed Price

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3514 HERMOSA CT NE, Salem, OR, 97305 is a Multi-Family Home for sale at $479,900 with 2,032 sqft and a lot size of 0.25. 3514 HERMOSA CT NE has 4 bedrooms, 4.0 baths, and was built in 1972. The property's zip code is 97305 which is in Salem, OR