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Listed by SABRINA JAMES • SMI REAL ESTATE • 971-218-9349

$499,900

Est. payment - /mo

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5 Beds

3.5 Baths

2,303 SqFt

Active Under Contract

1487 Sylvan Av SE SE Salem, OR 97302

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,303 sqft

Price per Sqft $217

Subdivision Rm Tone

MLS Listing ID 832588

Bedrooms 5

Year Built 1992

Annual Tax Amount $5,709

Tax Year 2024

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type Duplex

Property Description

Accepted Offer with Contingencies. Offer deadline Monday, 8/18 at 5PM. Assumable 2.625% FHA loan available! Large single-story duplex on corner lot in prime location! Proforma rents at $48,600 annually with low expenses. Each unit offers W/D hookups, private fenced backyard, and attached garage. Unit mix: Sylvan 3 bed 2 bath with a 2-car garage & Sunland 2 bed 1.5 bath with a 1-car garage. Separately metered for electric. Just 1.5 miles from I5 and near shops & schools, making it easy to rent! Please do not disturb tenants.

Location

State OR

County Marion

Area 40 Southeast Salem

Rooms

Dining Room Area (Combination)

Interior

Hot Water Electric

Heating Heat Pump

Flooring Carpet, Laminate

Laundry W/D Hookup

Exterior

Fence Yes

View Territorial

Roof Type Composition

Building

Foundation Continuous

Sewer City

Water City

New Construction No

Schools

Elementary Schools Pringle

Middle Schools Judson

High Schools South Salem

Others

Acceptable Financing FHA, Federal VA, Cash, Assume Present Financing, Conventional

Listing Terms FHA, Federal VA, Cash, Assume Present Financing, Conventional

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Bradley Mulliner

Managing Principal Broker- MORE Realty | License ID: 201206857

+1(503) 858-2478

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