4212 47th Ave Ne, Salem, OR 97305

Salem
Local realty services provided by:Knipe Realty ERA Powered
4212 47th Ave Ne,Salem, OR 97305
$1,500,000
  • - Beds
  • - Baths
  • 6,900 sq. ft.
  • Multi-family
  • Active
Listed by: dawn cordiner
Office: exp realty, llc.888-814-9613
MLS#:585195910
Source:PORTLAND

Price summary

  • Price:$1,500,000
  • Price per sq. ft.:$217.39

About this home

Well maintained package of three duplexes, 4212, 4222, & 4252 47th Ave NE, located on a quiet residential street in Salem. The properties are offered together as a portfolio, with the ability to finance each duplex individually. Each building is separately addressed and lends itself to individual lending, providing flexibility for investors who want to structure multiple loans, diversify risk, or plan for future individual disposition. The portfolio is professionally managed and fully occupied, providing stable, in place income from day one. The buildings feature consistent two story designs with matching layouts, pitched roofs, and clean exterior lines. Each duplex offers two units with similar floor plans, generous natural light, and functional interiors. Units include well sized living areas, practical kitchens with ample cabinetry and counter space, and comfortable bedroom layouts. Each property has its own driveway and off street parking, along with simple, low maintenance...

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Home facts

  • Year built:1972
  • Listing ID #:585195910
  • Added:104 day(s) ago
  • Updated:May 14, 2026 at 12:24 PM

Rooms and interior

  • Basement Description:Crawl Space
  • Living area:6,900 sq. ft.

Heating and cooling

  • Heating:Zoned

Structure and exterior

  • Roof:Composition
  • Year built:1972
  • Building area:6,900 sq. ft.
  • Lot area:0.17 Acres
  • Lot Features:Level
  • Levels:2 Stories

Schools

  • High school:McKay
  • Middle school:Stephens
  • Elementary school:Yoshikai

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,500,000
  • Price per sq. ft.:$217.39
  • Tax amount:$10,437 (2025)

Parking

  • Total parking spaces:6
  • Parking description:Driveway
  • Garage spaces:6
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 Knipe Realty ERA Powered 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: May 14, 2026

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