4016 45TH AVE NE Salem, OR $ 450,000
4016 45TH AVE NE
$ 450,000
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4016 45TH AVE NE

Salem, OR, 97305
$ 450,000
Bedrooms3 Baths2.0 Sq 1,584

Monthly Estimate*

$ 3,108

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Multi-Family Home for sale in Salem, OR

for $450,000 with 3 bedrooms and 2 full baths. This 1,584 square foot home was built in 1973 on a lot size of 0.21.

Great investment opportunity in the desirable Hayesville neighborhood! This well-maintained, single-level duplex sits on a corner lot and offers an ideal combination of convenience, functionality, and income potential. Located across the street from Chemeketa Community College, close to schools, shopping, and easy I-5 access, the property is well-positioned for both investors and owner-occupants. One unit features 2 bedrooms and 1 bathroom, while the second offers 1 bedroom 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. Both have sliding doors leading to private patios 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!

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Multi-Family Active

Price

$ 450,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,100

Style

Lot Size

0.21

Year Built

1973

Town/City

Salem

County/Region

Marion

MLS | Web ID

142002152

Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling None
Roof Composition
Zoning RS
Garage Spaces 2.0
Year Built 1973
Stories Count 1
Tax Year 2025
Parcel Number 558537
Gross Income 26565.0
County Marion
Net Operating Income 14826.0
Operating Expense 11739.0
Property Type MultiFamily
HOA N
Rent Includes None
Status Active
Directions From Silverton Rd go N to corner of 45th Ave NE & Herrin Rd NE
High School McKay
City Salem
Disclosures Exempt
Number Of Units Total 2
MLS Area _170
Lot Size Square Feet 9147.0
Listing Terms Cash Conventional
Elementary School Yoshikai
Tax Annual Amount 3100.59
Middle/Junior High School Stephens
Property Condition UpdatedRemodeled
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description RAINTREE SUBDIVISION LOT 4 ACRES 0.207
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Interior
Basement CrawlSpace
Storage Garage
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Driveway Garage
Lot Features CornerLot Level PublicRoad
Water Source PublicWater
Total Parking 2.0
Exterior Description T111Siding
Foundation Details ConcretePerimeter
Building Area Total 1584.0
Lot Size Acres 0.21
Road Surface Type Concrete Paved
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Internal Only
Street Number 1 4016
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* Excluded Features
List By
Real Broker

Broker

360-773-0000

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Affordability Calculator

$3,366
Per Month
92%
8%
0%
Monthly Principal & Interest
$3,108
Monthly Property Taxes
$258
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4453779 Elementary School
1949317 Middle School
McKay High School High School
Pricing History
DatePricePrice ChangeDescription
10/8/2026$450,000 Listed Price

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4016 45TH AVE NE, Salem, OR, 97305 is a Multi-Family Home for sale at $450,000 with 1,584 sqft and a lot size of 0.21. 4016 45TH AVE NE has 3 bedrooms, 2.0 baths, and was built in 1973. The property's zip code is 97305 which is in Salem, OR