1540 Salem Ave, Albany, OR 97321

Albany
Local realty services provided by:ERA Freeman & Associates, Realtors
1540 Salem Ave,Albany, OR 97321
$549,000
  • 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:$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 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.

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Home facts

  • Year built:1895
  • Listing ID #:781957710
  • Added:5 day(s) ago
  • Updated:August 12, 2026 at 01:37 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:$549,000
  • Price per sq. ft.:$319.93
  • 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: August 12, 2026

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