1487 Sylvan Av SE, Salem, OR 97302

Local realty services provided by:Knipe Realty ERA Powered
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Listed by:sabrina james971-218-9349
Office:smi real estate
MLS#:832588
Source:OR_WVMLS
1487 Sylvan Av SE,Salem, OR 97302
$499,900
  • - Beds
  • 3 Baths
  • 2,303 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$499,900
  • Price per sq. ft.:$217.06

About this home

Assumable 2.625% FHA loan available! Large single-story duplex on corner lot in prime location! Proforma rents at $48,600 annually with low expenses. Each unit offers W/D hookups, private fenced backyard, and attached garage. Unit mix: Sylvan 3 bed 2 bath with a 2-car garage & Sunland 2 bed 1.5 bath with a 1-car garage. Separately metered for electric. Just 1.5 miles from I5 and near shops & schools, making it easy to rent! Please do not disturb tenants.

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Home facts

  • Year built:1992
  • Listing Id #:832588
  • Added:1 day(s) ago
  • Updated:August 14, 2025 at 05:56 PM

Rooms and interior

  • Total bathrooms:3
  • Living area:2,303 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:1992
  • Building area:2,303 sq. ft.
  • Lot area:0.2 Acres

Schools

  • High school:South Salem
  • Middle school:Judson
  • Elementary school:Pringle

Utilities

  • Water:City

Finances and disclosures

  • Price:$499,900
  • Price per sq. ft.:$217.06
  • Tax amount:$5,709 (2024)
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.

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