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About the Listing 1042 - 18451
OWNER CARRY AVAILABLE! Rare opportunity to own a versatile dual-living property featuring two homes on one lot, including a fully permitted ADU, a powered two-story shop, carport, and flexible seller financing terms. Located on .25 acres in Salem's 97317 area code this unique property offers approximately 2,590 sq ft of combined living space with 6 bedrooms and 3 full bathrooms. The property includes a fully permitted 950 sq ft ADU with 2 bedrooms and 1 bathroom. Originally built in 1946, it underwent an extensive permitted renovation in 2020 including new plumbing, electrical service and panel, insulation, roof, siding, structural improvements, and an expanded bathroom, laundry, and utility area with rear entrance. The ADU features ductless heating and cooling, LVP flooring, and is currently rented.Built in 2019, the main residence offers 1,640 sq ft of single-level living with 4 bedrooms and 2 bathrooms. Designed for durability, the home features 3/4-inch plywood sheathing throughout, a gas furnace, heat pump, gas water heater, tile flooring in the kitchen, dining area, and bathrooms, and LVP flooring in the bedrooms. The kitchen includes double ovens and additional built-in storage at the covered side entry.The homes are separated by a divider fence, creating an ideal setup for multigenerational living, owner occupancy with rental income, extended family, guests, or investment purposes. Behind the main home is a powered two-story 22' x 24' shop and an adjacent 18' x 22' carport. Water and sewer service are shared, while each home benefits from its own electric meter. Construction photos documenting both homes are available.Seller financing is available with proposed terms of $100,000 down, 6.3% interest, and a 30-year amortization. All terms are negotiable subject to seller approval. Opportunities offering a fully permitted ADU, newer construction, shop space, rental income potential, and owner carry financing are increasingly difficult to find.
Listing Highlights
Status
Active
Days on Site
5
Property Type
Residential
MLS ®
842101
Year Built
2020
Total Square Footage
2,590
Lot/Acreage
0.25
County
Marion
Neighborhood
meadowlawn
Elementary School
Four Corners
Middle School
Houck
High School
North Salem
Interior Details
- Bedrooms: 6
- Bathrooms: 3 Full
- Appliances: Yes, Electric, Range Included
- Air Cond: 1/Main
- Heating: Gas,Heat Pump,Forced Air,Ductless/Mini-Split
- Fireplaces:
- Floor: Luxury Vinyl Plank,Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: City
Exterior Details
- Lot Description: Yes,Dimension Above
- Garage Capacity: 2 car
- Lot Dimensions: 50x2012
- Roof: Composition,Shingle
- Others: Front Door Main House,Fiber Cement,Wood,Board & Batt,Lap
- Sewer:
- Parking Features: Carport,RV Parking
Financial Details
- Tax Amount: $4,666
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
4085 Glenwood Dr SE Salem, OR 97317
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