About This Home

This 3-bedroom, 2-bathroom single family at 1540 SALEM Ave in Albany, OR is listed for $499,000 ($291 per sqft). Built in 1895, the home offers 1,716 sqft of living space on a 0.66 acres lot.

Key Features

  • Built in 1895
  • 0.66 acre lot

Property Details

1 story
2 full
1895

Amenities

View
Listing Description

Rare opportunity to own two homes on one tax lot! Whether you're looking for multi-generational living, rental income, or a flexible investment, this property offers endless possibilities. The second home is currently operating as a fully furnished midterm rental, generating $2,500/ month in come. Live in one home while offsetting your mortgage with the other or keep both as income-producing properties. A unique setup with built in flexibility and earning potential. Seller is a licensed real estate agent.

Monthly Cost Estimate

$2,669/mo

20% down · 6.5% · 30 years

Principal$361
Interest$2,162
Insurance$146

Estimates only. Actual payments may vary.

Location

1540 SALEM Ave

Albany, OR 97321

Features & Amenities

Interior Features

LaminateFlooringTileFloorWalltoWallCarpet

Exterior Features

DeckToolShed

Property Details

Views

Territorial

Outdoor Features

Deck

Appliances

DishwasherFreeStandingRangeFreeStandingRefrigerator

Questions & Answers

This 3-bedroom, 2-bathroom single family at 1540 SALEM Ave is listed at $499,000 ($291/sqft). The estimated monthly payment is $2,669 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1895, 0.66 acre lot. Interior Features: LaminateFlooring, TileFloor, WalltoWallCarpet. Exterior Features: Deck, ToolShed.

This property is listed by Ricky Cedillo.

RC

Ricky Cedillo

Agent at EXP REALTY LLC

Listed by EXP REALTY LLC · Broker phone: (888) 814-9613 · View on Broker Site

MLS# 781957710· Source: Regional Multiple Listing Services· 84 days on PropertySimple

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1540 SALEM Ave, Albany, OR 97321

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