441 NORWAY ST, Salem, OR 97301
Listing Courtesy of Realty Marketing / Northwest.
- -$1
- 6,007
- SqFt
- List Price
- $-1
- Status
- ACTIVE
- Days on Market
- 97
- MLS#
- 480831628
- Year Built
- 2009
- Living Area
- 6,007
- Lot Size
- 6,098
- Acres
- 0.14
- MLS Area Major
- Marion Co: East Salem N
Property Description
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.
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Additional Information
- Zoning
- RM2
- Stories
- 2
- Parking
- Garage
- Parking Features
- Garage
- Garage Spaces
- 2
- Elementary School
- Hoover
- Middle School
- Parrish
- High School
- North Salem
- View
- Territorial
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