2027 Coral Ave Ne, Salem, OR 97305

Local realty services provided by:Knipe Realty ERA Powered
2027 Coral Ave Ne,Salem, OR 97305
$400,000
  • 4 Beds
  • 1 Baths
  • 1,852 sq. ft.
  • Single family
  • Active
Listed by: jacqueline smith, natalie tharp
Office: keller williams premier partners360-693-3336
MLS#:498772327
Source:PORTLAND

Price summary

  • Price:$400,000
  • Price per sq. ft.:$215.98

About this home

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.

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Home facts

  • Year built:1948
  • Listing ID #:498772327
  • Added:1 day(s) ago
  • Updated:June 18, 2026 at 03:23 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:1
  • Full bathrooms:1
  • Kitchen Description:Free Standing Range, Free Standing Refrigerator
  • Living area:1,852 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1948
  • Building area:1,852 sq. ft.
  • Lot area:0.22 Acres
  • Lot Features:Corner Lot
  • Architectural Style:Bungalow
  • Exterior Features:Covered Deck, Fenced, RV Boat Storage, RV Parking, Second Residence, Security Lights, Yard
  • Levels:2 Stories

Schools

  • High school:McKay
  • Middle school:Waldo
  • Elementary school:Swegle

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$400,000
  • Price per sq. ft.:$215.98
  • Tax amount:$3,447 (2025)

Parking

  • Parking description:Driveway, On street
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