1540 Salem Ave, Albany, OR 97321

Albany
Local realty services provided by:ERA Freeman & Associates, Realtors
1540 Salem Ave,Albany, OR 97321
$499,000
  • 3 Beds
  • 2 Baths
  • 1,716 sq. ft.
  • Single family
  • Active
Listed by: ricky cedillo
Office: exp realty, llc.888-814-9613
MLS#:781957710
Source:PORTLAND

Price summary

  • Price:$499,000
  • Price per sq. ft.:$290.79

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 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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1895
  • Listing ID #:781957710
  • Added:54 day(s) ago
  • Updated:October 01, 2026 at 05:23 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Kitchen Description:Dishwasher, Free Standing Range, Free Standing Refrigerator
  • Living area:1,716 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Roof:Composition
  • Year built:1895
  • Building area:1,716 sq. ft.
  • Lot area:0.66 Acres
  • Lot Features:Level
  • Architectural Style:1 Story
  • Exterior Features:Deck, Tool Shed
  • Levels:1 Story

Schools

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

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$499,000
  • Price per sq. ft.:$290.79
  • Tax amount:$4,614 (2025)

Features and amenities

  • Amenities:Laminate Flooring, Tile Floor, Wall To Wall Carpet

Parking

  • Parking description:Driveway
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than ERA Freeman & Associates, Realtors are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: October 1, 2026

New listings near 1540 Salem Ave