$1500000
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12 Bed
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12 Bath
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6900 SqFt
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26 DOM
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Built: 1972
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Status: Active
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Well maintained package of three duplexes, 4212, 4222, & 4252 47th Ave NE, located on a quiet residential street in Salem. The properties are offered together as a portfolio, with the ability to finance each duplex individually. Each building is separately addressed and lends itself to individual lending, providing flexibility for investors who want to structure multiple loans, diversify risk, or plan for future individual disposition. The portfolio is professionally managed and fully occupied, providing stable, in place income from day one. The buildings feature consistent two story designs with matching layouts, pitched roofs, and clean exterior lines. Each duplex offers two units with similar floor plans, generous natural light, and functional interiors. Units include well sized living areas, practical kitchens with ample cabinetry and counter space, and comfortable bedroom layouts. Each property has its own driveway and off street parking, along with simple, low maintenance landscaping. The properties are well positioned within an established residential neighborhood, with convenient access to local services, and amenities. Rents are in place and supported by current market conditions, offering immediate income without reliance on aggressive projections. The similar construction and layout across all three duplexes create operational efficiency while still allowing each property to be financed, held, or sold separately in the future. This is a strong opportunity for investors seeking small multifamily assets with flexible financing options, professional management in place, and long term hold potential.
Listing Provided Courtesy of Dawn Cordiner, eXp Realty, LLC
General Information
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585195910
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26 DOM
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12
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7405.2 SqFt
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12
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6900
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1972
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RSFR
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Marion
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546025
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Yoshikai
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Stephens
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McKay
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MultiFamily
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COLLEGE PARK ESTATES, BLOCK 1, LOT 1, ACRES 0.17
Listing Provided Courtesy of Dawn Cordiner, eXp Realty, LLC
PDXA1 Realty Group data last checked: Feb 28, 2026 01:45 | Listing last modified Feb 24, 2026 16:49,
Source:
Residence Information
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6900
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-
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12
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-
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12
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Composition
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6,
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Driveway
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2
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1972
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No
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LapSiding
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CrawlSpace
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-
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CrawlSpace
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-
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Features and Utilities
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Electricity
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Zoned
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PublicSewer
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Electricity
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Electricity
Financial
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10437
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Sewer,Water
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Cash,Conventional
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01-29-2026
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No
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No
Comparable Information
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26
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30
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Cash,Conventional
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$1,500,000
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$1,500,000
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Feb 24, 2026 16:49
Schools
Map
Listing courtesy of eXp Realty, LLC.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon.
Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and
detailed information about these properties include the name of the listing's broker.
Listing content is copyright © 2019 RMLS of Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
PDXA1 Realty Group data last checked: Feb 28, 2026 01:45 | Listing last modified Feb 24, 2026 16:49.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.
— Jagathishp
Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.
— Vignesh Chan
Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.
— Praveen
Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.
— Alishetty
Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.
— Ramren Garajan
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Whether you’re looking to buy your dream home, sell your property for the best price, or explore investment opportunities, PDXA1 Realty Group is here to help. With expertise, personalized service, and a commitment to your goals, we’ll guide you every step of the way. Contact us today at (971) 330-1856 let’s start the conversation!
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