Price Reduced Listing
$499,000
 $2,679 est/mo Sourced by Back At You

1540 Salem Ave,Albany, OR 97321

Albany, OR 97321

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Description

Rare opportunity to own two homes on one tax lot! Whether you're looking for multi-generational living, rental income, or a flexible investment, this property offers endless possibilities. The second home is currently operating as a fully furnished midterm rental, generating $2,500/ month in come. Live in one home while offsetting your mortgage with the other or keep both as income-producing properties. A unique setup with built in flexibility and earning potential. Seller is a licensed real estate agent.

Details

MLS #781957710
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1895
Days On Site44
Listing Provided ByeXp Realty, LLC | Ricky Cedillo

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet1,716
Story(s)1
ZoningRSFR
Acreage0.66
Property ViewTerritorial

Interior

HeatingWall Furnace
Heating YnYes
Cooling YnNo
Interior FeaturesLaminate Flooring, Tile Floor, Wallto Wall Carpet
AppliancesDishwasher, Free Standing Range, Free Standing Refrigerator

Exterior

Exterior FeaturesDeck, Tool Shed
RoofComposition
Lot FeaturesLevel

Parking

Attached Garage YnNo
Parking FeaturesDriveway

Taxes

Property4613

Area Information

StateOR
CountyLinn
CityAlbany
Zip Code97321
School DistrictWest Albany
Elementary SchoolWaverly
High SchoolWest Albany
Listing VS Median (in 97321)
Price:
$499,000
low | high
Med:
$549,900
39.799599198397% of Average
sqft:
1,716
low | high
Med:
1,492
63.082750582751% of Average
$ / sqft:
$291
low | high
Med:
$369
22.944281394835% of Average
On site:
44
low | high
Med:
23.5
100% of Average
Sourced by Back At You

Market Activity 97321

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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 Madaire Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2020 RMLS™, Portland, Oregon.

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Learn More About This Property

StateOR
CountyLinn
CityAlbany
Zip Code97321
School DistrictWest Albany
Elementary SchoolWaverly
High SchoolWest Albany
Listing VS Median (in 97321)
Price:
$499,000
low | high
Med:
$549,900
39.799599198397% of Average
sqft:
1,716
low | high
Med:
1,492
63.082750582751% of Average
$ / sqft:
$291
low | high
Med:
$369
22.944281394835% of Average
On site:
44
low | high
Med:
23.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $374K - $623K
sqft: 1,000 - 2,000
Listing Updated: September 19, 2026 at 12:21:44 AM PDT