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1505 Bonnie Wy, Salem, OR, 97305
Single-Story 4-Unit Residential Property

1505 Bonnie Wy Salem, OR 97305

For Sale
$795,000

Four individual single-story 2-bedroom homes each include dedicated parking and separate electric and water metering.

Days on Market38

Property Features for 1505 Bonnie Wy

General Information

Standard status
Active
Property subtype
Multi Family Home

Building Details

Year Built
1958
Listing Agency: Pikes Northwest, Inc
Listed By: Donald Meyer
Source: Allprofessionalsre
Added: Jun 17 Changed: Jul 22 Last Checked: Jul 24 at 5:27PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pikes Northwest, Inc


Investment Insights

Based on property information with market context.

This property consists of four single-story 2-bedroom, 1-bath individual homes on one tax lot. Several units have recent improvements, including updated electrical and plumbing work, new windows, and new flooring in two units, while the remaining units have also seen updates. All units have newer roofs installed within the last five years, and one unit was updated more recently. Each home features its own parking space, and utilities are separately metered, with tenants responsible for sewer, water, and electric. The owner pays for garbage. Kitchens include dishwashers, and the units do not have garbage disposals.

The property offers privacy with detached, individual home layouts. The listed remarks note a southeast-facing view.

Designed for tenant-paid utilities and separate metering, this four-home configuration is suited for investors or owner-users seeking a residential income setup with individually metered services and dedicated parking for each unit.

Key Highlights

  • Four single‑story 2‑bedroom, 1‑bath homes on one tax lot (Year Built: 1958)
  • 2 units currently being updated with new electric, plumbing, windows, and flooring; 3rd unit updated recently
  • All units have newer roofs installed within the last 5 years

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

HVAC Service Parking Lot & Garage Real Estate Agency Law Firm Furniture & Home Goods (Bike/Boat/Book/etc) Store Plumbing Service Accounting Firm Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Quadplex - Four individual single-story 2-bedroom homes each include dedicated parking and separate electric and water metering.
Where is this quadplex located?
The property is located at 1505 Bonnie Wy Salem, OR.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Four single‑story 2‑bedroom, 1‑bath homes on one tax lot (Year Built: 1958); 2 units currently being updated with new electric, plumbing, windows, and flooring; 3rd unit updated recently; All units have newer roofs installed within the last 5 years
More about this property
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