4455 Blueberry -4445 Ln NE, Salem, OR 97305
- Added:
- May 11, 2026
- Days on Market:
- 47
- Last Refresh:
- Jun 26 at 2:06 am
Property Features for 4455 Blueberry -4445 Ln NE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bedroom 3, Bedroom 6, Office, Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 5, Bathroom 3
- Patio and Porch features
- Patio
- Standard status
- Active
- APN
- 072W07DC00402
- Size
- 4,192 SF
- Lot size
- 0.58 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 5772
Utilities
- Heating system
- Forced Air, Central, Heat Pump (Heating)
Building Details
- Year built
- 2004
- Number of units
- 2
- Flooring type
- Laminate, Carpet, Vinyl
- Roof type
- Composition
Listing agent JULIA COATES (541) 993-1033
Listing office EXP REALTY, LLC 4800 MEADOWS RD, STE 300, Lake Oswego, OR (888) 814-9613
Listing date May 11, 2026
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.
HighLights
- Two well‑maintained manufactured homes on a 0.58‑acre lot with room to expand
- Each home features an open layout with 2,096 sq ft, 2‑car garage, and a large yard
- 5‑year‑old composition roof on the homes
- Each home includes stainless steel appliances
- Flexible layout with multiple bedrooms and an office (Rooms listed: Bedroom 1‑6, Office, Bathrooms 1‑4)
Overview
Located in Salem, Oregon, the site is zoned RM, providing a residential income framework for this duplex-style configuration. The seller notes the ability to keep options open for timing, including a willingness to owner-carry short term with a large down payment, and an offer of 10,000 toward closing costs plus a rate buy-down.
For tenants, buyers, or operators, the practical appeal is the balance of space and separation: two full homes on one parcel, each with a large yard feel and the same core unit features. The open layouts and garages can fit a range of household needs, whether you choose to live in one home and rent the other, or operate both as rentals. For photos and more detail, reference the listing materials associated with MLS #840901.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $77.0k | $18.36 |
| − Vacancy | −$5.0k | −$1.20 |
| EGI | $71.9k | $17.16 |
| − OpEx | −$21.6k | −$5.15 |
| NOI | $50.3k | $12.01 |
Alternative Uses
Current Use by Public Records
Map
- City
- Salem
- County
- Marion
- State
- Oregon
- Longitude
- -122.974335
- Latitude
- 44.973049
