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About This Home
This 4-bedroom, 1-bathroom single family at 2027 CORAL Ave NE in Salem, OR is listed for $400,000 ($216 per sqft). Built in 1948, the home offers 1,852 sqft of living space on a 0.22 acres lot.
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.
Key Features
- Built in 1948
- 0.22 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$2,139/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2027 CORAL Ave NE
Salem, OR 97305
Features & Amenities
Exterior Features
Property Details
Pool Features
Heating
Appliances
Questions & Answers
This 4-bedroom, 1-bathroom single family at 2027 CORAL Ave NE is listed at $400,000 ($216/sqft). The estimated monthly payment is $1,733 based on 20% down at 6.5% interest.
Key features include: Built in 1948, 0.22 acre lot, 2 stories. Exterior Features: AccessoryDwellingUnit, CoveredDeck, Fenced.
This property is listed by Jacqueline Smith and can be reached at 3604480221 or jacqueline@evergreenrealestatepartners.com.