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About the Listing RMNW01 - JROSENTH
This two-story duplex is being offered as part of a 13-property, 43-unit residential portfolio that is 98% leased and will be sold via Sealed Bid Auction on June 3, 2026. Built in 2009, the duplex is located in NE Salem near NE Broadway with convenient access to I-5, downtown Salem, the State Capitol, and Willamette University. Each unit offers 4 bedrooms, 2 full bathrooms and one half bath, and an attached garage. The duplex has historically been leased to college students at $625 per bedroom ($2,500 per unit). Current one-year leases have been renewed through May 31, 2027. The property includes a small fenced backyard. Projected 2026 gross income is $60,000, with real estate taxes of $6,783. Landlord pays water, sewer, trash, and landscaping.
Listing Highlights
Status
Active
Days on Site
10
Property Type
Multi-Family
MLS ®
480831628
Year Built
2009
Total Square Footage
6,007
Lot/Acreage
0.14
Interior Details
- Bedrooms: 8
- Bathrooms: 6 Full
- Appliances:
- Air Cond: Central Air
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Lot Description: Level,Public Road
- Garage Capacity: 2 car
- Zoning: RM2
- Roof: Composition
- Others: Existing
- Sewer: Public Sewer
- Parking Features: Garage
Financial Details
- Tax Amount: $6,784
- Taxes w/Assessments: N/A
- Tax/Property ID: 584530
- Tax Year: N/A
Payment Calculator
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Questions About..
441 Norway St Salem, OR 97301
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