2027 CORAL AVE NE Salem, OR - Image 12027 CORAL AVE NE Salem, OR - Image 22027 CORAL AVE NE Salem, OR - Image 32027 CORAL AVE NE Salem, OR - Image 42027 CORAL AVE NE Salem, OR - Image 52027 CORAL AVE NE Salem, OR - Image 62027 CORAL AVE NE Salem, OR - Image 72027 CORAL AVE NE Salem, OR - Image 8

$400,000

4 Beds 1 Baths 1,852 SQFT 0.22 Acres
Type: Single Family

2027 CORAL AVE NE
Salem, OR 97305

MLS#: 498772327
Safford Carpenter
Safford Carpenter
Premiere Property Group
Principal Broker
Phone: 503.510.1068
Office: 503.585.1970
Presented by: Keller Williams Premier Partners - jacqueline@evergreenrealestatepartners.com

Property Description

 

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.


 

Interior Features

Bedrooms

Total Bedrooms4

Bathrooms

1/2 Baths0
Total Bathrooms1.0
Total Baths1

Other Interior Features

FuelDescriptionElectricity
Fireplace FeaturesWoodBurning
Hot WaterElectricity
Total Fireplaces1

General

ADUYes
Accessory Dwelling Unit Y/NN
AppliancesFreeStandingRange, FreeStandingRefrigerator
Architectural StyleBungalow
AttributionContactjacqueline@evergreenrealestatepartners.com
CitySalem
CoolingNone
CountyMarion
DirectionsTake Hawthorne Ave NE and Sunnyview Rd NE to Coral Ave NE
DisclosuresDisclosure
Elementary SchoolSwegle
Full Baths1
Garage Spaces0
HOANo
HeatingForcedAir
High SchoolMcKay
Legal DescriptionSAVAGES ADDITION, BLOCK B, LOT FR 1, ACRES 0.22
Listing TermsCash, Conventional, OwnerWillCarry, Rehab
Lot Size Square Feet9583.0
MLS Area_176
Middle/Junior High SchoolWaldo
Parcel Number559,816
Property ConditionFixer
Property SubtypeSingleFamilyResidence
Property TypeResidential
RoofComposition
SeniorCommunityYnNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount$3,447
Tax Year2025
Year Built1948
ZoningRS

Exterior

Building Area Total1,852 sqft
Exterior AmenitiesAccessoryDwellingUnit, CoveredDeck, Fenced, RVParking, RVBoatStorage, SecondResidence, SecurityLights, Yard
Exterior DescriptionVinylSiding
Garage TypeConverted
Lot FeaturesCornerLot
Lot Size Acres0.22
Parking FeaturesDriveway, OnStreet
Road Surface TypeConcrete
Total Parking0
Water SourcePublicWater

Additional Details

Price History

Schools 

Middle School Waldo Middle School
High School McKay High School
Elementary School Swegle Elementary School

  

Similar Properties

$400,000

4 Beds 1 Baths 1,852 SQFT 0.22 Acres
Type: Single Family

2027 CORAL AVE NE
Salem, OR 97305

MLS#: 498772327
Safford Carpenter
Safford Carpenter
Premiere Property Group
Principal Broker
Phone: 503.510.1068
Office: 503.585.1970