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    Two-Home Multifamily on One Lot Title is generated by Realmo AI

    1540 Salem -1530 Av SE, Albany, OR 97321

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    For Sale
    $599,000

    MULTI_FAMILY - Albany, OR

    Property size:
    1,716 SF
    Lot size:
    0.66 Acres
    Price / SF:
    $349/SF
    Added:
    Jun 22, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 27 at 3:06 pm

    Property Features for 1540 Salem -1530 Av SE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Albany-RM
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Basement, Bedroom 1, Game Room, Loft, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 2
    Patio and Porch features
    Deck
    Fireplace
    1
    Standard status
    Active
    APN
    76014
    Size
    1,716 SF
    Lot size
    0.66 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    4480

    Utilities

    Heating system
    Wall Furnace, Electric (Heating)

    Building Details

    Year built
    1895
    Number of units
    2
    Flooring type
    Carpet, Tile, Laminate
    Roof type
    Composition

    We can help!

    Contact an agent
    RICKY CEDILLO

    Listing agent RICKY CEDILLO

    Listing office EXP REALTY, LLC 4800 MEADOWS RD, STE 300, Lake Oswego, OR

    Listing date Jun 22, 2026

    MLS# 841986 Listing URL

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

    Overview

    This multifamily offering features two separate homes on a single tax lot. One home is currently operating as a fully furnished mid-term rental, producing $2,500 per month according to the seller’s remarks. The other home is vacant and described as move-in ready, with brand-new carpet and laminate flooring. Each residence includes its own outdoor space, including a spacious deck at the vacant home with views overlooking Periwinkle Creek.

    The property is located in Albany under the Albany-RM zoning designation. The furnished mid-term rental home is described as sitting directly across from King Kone. The lot size is listed as 0.66 acres, and the total property size is provided as 1,716 square feet.

    For buyers seeking flexibility, the configuration can support owner-occupancy with a separate rented home, multi-generational living, or maintaining both homes as income-producing options. The vacant home’s updated flooring and move-in-ready condition may appeal to tenants or owner-occupants looking for a straightforward transition, while the existing mid-term rental operation provides an established furnished rental setup based on the seller’s description.
    Location Intelligence

    Current Use by Public Records

    Single family properties

    Map

    City
    Albany
    County
    Linn
    State
    Oregon
    Longitude
    -123.086189
    Latitude
    44.637646

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    FAQs

    What type of property is this?
    Single family property - Two homes on one tax lot, including a furnished mid-term rental and a move-in ready residence with new flooring.
    Where is this single family property located?
    The property is located at 1540 Salem -1530 Av SE Albany, OR.
    What is the asking price?
    The asking price for this property is $599,000.
    (503) 559-2489
    We can help!
    Contact an agent
    RICKY CEDILLO
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