For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
The Largest CRE Database in the US with Over 1 Million Listings

4212 47Th Ave NE Salem, OR 97305

Sponsored
For Sale
$1,500,000

MULTI_FAMILY - Salem, OR

Property size:
6,900 SF
Lot size:
0.17 Acres
Days on Market:
1
Last Refresh:
Feb 11 at 4:06 pm

Property Features for 4212 47Th Ave NE

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
Zoning
RSFR
Rooms
Bedroom 2, Bedroom 6, Bathroom 8, Bedroom 1, Bedroom 4, Bathroom 11, Bedroom 9, Bathroom 4, Bathroom 3, Bathroom 12, Bathroom 6, Bedroom 8, Bathroom 1, Bedroom 3, Bedroom 7, Bathroom 5, Bedroom 5, Bedroom 12, Bathroom 10, Bedroom 10, Bedroom 11, Bathroom 7, Bathroom 9, Bathroom 2
Bedrooms
12
APN
546025
Size
6,900 SF
Lot size
0.17 Acres

Utilities

Heating system
Zoned

Building Details

Year built
1972
Floors in Building
2
Number of units
6
Roof type
Composition

We can help!

Listing Contact
Dawn Cordiner

EXP REALTY LLC (888) 814-9613

Listing agent Dawn Cordiner (888) 814-9613

Listing date Feb 11, 2026

MLS# 585195910 Listing URL

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Learn more

Property Insight Report

Overview

Well-Maintained Multifamily Investment Opportunity

This portfolio features three well-maintained duplexes located on a quiet residential street in Salem. The properties, addressed at 4212, 4222, and 4252 47th Ave NE, are offered together, with the potential to finance each duplex individually. Each building is separately addressed, allowing for individual lending, which provides flexibility for investors who may want to structure multiple loans, diversify risk, or plan for future individual disposition. The portfolio is professionally managed and fully occupied, providing stable 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. The total property size is 6900 square feet and the lot size is 0.17 acres.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Salem
County
Marion
State
Oregon
Longitude
-122.966465
Latitude
44.980299

FAQs

What type of property is this?
Duplex - Three duplexes in Salem, OR, fully occupied and professionally managed.
Where is this duplex located?
The property is located at 4212 47Th Ave NE Salem, OR.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: - Portfolio of three duplexes offered together, providing immediate, stable income.; - Ability to finance each duplex individually, offering flexible financing options.; - Professionally managed and fully occupied, ensuring hassle-free ownership.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message