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2027 CORAL AVE NE Salem, OR $ 400,000
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$ 400,000 Get more info
2027 CORAL AVE NE
$ 400,000
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2027 CORAL AVE NE

Salem, OR, 97305
$ 400,000
Bedrooms4 Baths1.0 Sq 1,852

Monthly Estimate*

$ 2,463

2027 CORAL AVE NE, Salem, OR 97305 - Image 1
2027 CORAL AVE NE, Salem, OR 97305 - Image 2
2027 CORAL AVE NE, Salem, OR 97305 - Image 3
2027 CORAL AVE NE, Salem, OR 97305 - Image 4
2027 CORAL AVE NE, Salem, OR 97305 - Image 5
2027 CORAL AVE NE, Salem, OR 97305 - Image 6
2027 CORAL AVE NE, Salem, OR 97305 - Image 7
2027 CORAL AVE NE, Salem, OR 97305 - Image 8
2027 CORAL AVE NE, Salem, OR 97305 - Image 9

Single Family Home for sale in Salem, OR

for $400,000 with 4 bedrooms and 1 full bath. This 1,852 square foot home was built in 1948 on a lot size of 0.22.

This property opens the door to a variety of possibilities with a single-family home and duplex situated on one lot. Whether you're looking to offset your mortgage with rental income, expand your investment portfolio, or create a multigenerational living setup, opportunities like this are hard to find. The duplex features two 1-bedroom, 1-bathroom units and has a strong rental history with minimal vacancies. The main home has updated plumbing, while the property also includes underground sprinklers in both the front and backyard, a spacious yard, and additional storage with a shed. The home roof was replaced approximately 3 years ago with a Presidential roof, and the shed roof is approximately 4 years old. RV parking adds even more flexibility. Convenient Salem location close to shopping, dining, schools, and everyday amenities. Rare chance to own multiple income-producing units on a single parcel.

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Single Family Active

Price

$ 400,000

Bedrooms

4

Full Bath

1

Property Type

Single Family

Taxes

$ 3,446

Style

Bungalow

Lot Size

0.22

Year Built

1948

Town/City

Salem

County/Region

Marion

MLS | Web ID

498772327
Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling None
Roof Composition
Appliances FreeStandingRange FreeStandingRefrigerator
Zoning RS
Garage Spaces 0
Architectural Style Bungalow
Year Built 1948
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number 559816
County Marion
Property Type Residential
HOA N
Full Baths 1
Status Active
Directions Take Hawthorne Ave NE and Sunnyview Rd NE to Coral Ave NE
High School McKay
City Salem
Disclosures Disclosure
MLS Area _176
Lot Size Square Feet 9583.0
Listing Terms Cash Conventional OwnerWillCarry Rehab
Elementary School Swegle
Tax Annual Amount 3446.53
Middle/Junior High School Waldo
Property Condition Fixer
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SAVAGES ADDITION BLOCK B LOT FR 1 ACRES 0.22
ADU True
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Exterior
Exterior Amenities AccessoryDwellingUnit CoveredDeck Fenced RVParking RVBoatStorage SecondResidence SecurityLights Yard
Parking Features Driveway OnStreet
Lot Features CornerLot
Water Source PublicWater
Total Parking 0
Garage Type Converted
Exterior Description VinylSiding
Building Area Total 1852.0
Lot Size Acres 0.22
Road Surface Type Concrete
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Interior
Total Fireplaces 1
Fireplace Features WoodBurning
Hot Water Electricity
Total Bathrooms 1.0
Total Bedrooms 4
Total Baths 1
1/2 Baths 0
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Internal Only
Street Number 1 2027
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* Excluded Features
List By
Keller Williams Premier Partners

Broker

jacqueline@evergreenrealestatepartners.com

Contact

Affordability Calculator

$2,750
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,463
Monthly Property Taxes
$287
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
1950225 Elementary School
1949715 Middle School
McKay High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/18/2026$400,000 Listed Price

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2027 CORAL AVE NE, Salem, OR, 97305 is a Single Family Home for sale at $400,000 with 1,852 sqft and a lot size of 0.22. 2027 CORAL AVE NE has 4 bedrooms, 1.0 baths, and was built in 1948. The property's zip code is 97305 which is in Salem, OR

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