1540 Salem (-1530) Av SE, Albany, OR 97321

Albany
Local realty services provided by:Knipe Realty ERA Powered
Listed by: ricky cedillo503-559-2489
Office: exp realty, llc.888-814-9613
MLS#:841986
Source:OR_WVMLS
1540 Salem (-1530) Av SE,Albany, OR 97321
$549,000
  • - Beds
  • 2 Baths
  • 1,716 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$549,000
  • Price per sq. ft.:$319.93

About this home

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 mid-term rental, generating $2,500/month in income. 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 Here's an additional description that keeps a casual, buyer-focused tone:What makes this property truly special is that each home offers its own unique charm and lifestyle. The vacant home is move-in ready and features brand-new carpet and laminate flooring, making it an easy transition for an owner-occupant or future tenant. Step outside onto the spacious deck and enjoy peaceful views overlooking Periwinkle Creek—a perfect spot for your morning coffee, unwinding after a long day,...

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Home facts

  • Year built:1895
  • Subdivision & Development:Allen and Hawkins
  • Listing ID #:841986
  • Added:53 day(s) ago
  • Updated:August 15, 2026 at 02:59 PM

Rooms and interior

  • Total bathrooms:2
  • Flooring:Carpet, Laminate, Tile
  • Dining Description:Formal Dining Room
  • Kitchen Description:Dishwasher, Range: Electric, Range: Gas
  • Basement Description:Full
  • Living area:1,716 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:1895
  • Building area:1,716 sq. ft.
  • Lot area:0.66 Acres
  • Lot Features:Irregular
  • Exterior Features:Deck, Fenced Yard, Underground Sprinklers
  • Foundation Description:Continuous

Schools

  • High school:West Albany
  • Middle school:Memorial
  • Elementary school:Waverly

Utilities

  • Water:City

Finances and disclosures

  • Price:$549,000
  • Price per sq. ft.:$319.93
  • Tax amount:$4,480 (2024)

Features and amenities

  • Amenities:Gas Water Heater
MLS LogoBased on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. OR_WVMLS Member Broker: Jeff Knipe

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