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Listing provided courtesy of SMI REAL ESTATE: 503-390-6060.

1940 Church NE

Salem, OR 97301
  • $445,000
  • STATUS: Active
  • ON SITE: 37 Days
  • MLS #: 834295
UPDATED: 13 min ago
$445,000
  • 4
    BEDS
  • 0.14
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,200
    SQFT
  • $371
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1926
County:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of SMI REAL ESTATE: 503-390-6060. Listing information © 2025 Willamette Valley Multiple Listing Service



Description

Can't be missed investment opportunity! Available 4.5% rate! This property offers two homes on one lot with strong rental income. The main house features 3 bedrooms and is currently rented for $1,925/month. Recently renovated with newer laminate flooring, updated cabinets and counters, modern appliances, upgraded windows, and an updated electrical panel. The charming studio cottage brings in an additional $1,075/month, providing excellent flexibility as a rental, guest space, or private office. Contact listing agent for more details!

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Willamette Valley MLS logo © 2025 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2025-11-13T16:08:49.107.
www.suelongrealty.com/homes/168592656
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1940 Church NE Salem, OR 97301

  • Price: $445,000
  • Status: Active
  • On Site: 37 Days
  • Updated: 13 min ago
  • MLS #: 834295
4
Beds
2
Baths
0
½ Baths
0.14
Acres
1,200
SQFT
$371
$/SQFT
1926
Built
Neighborhood:
Clark & Meyers Addition
County:
Marion
Area:
20 CENTRAL SALEM
Elementary School:
Highland
Middle School:
Waldo
High School:
North Salem
Property Description
Can't be missed investment opportunity! Available 4.5% rate! This property offers two homes on one lot with strong rental income. The main house features 3 bedrooms and is currently rented for $1,925/month. Recently renovated with newer laminate flooring, updated cabinets and counters, modern appliances, upgraded windows, and an updated electrical panel. The charming studio cottage brings in an additional $1,075/month, providing excellent flexibility as a rental, guest space, or private office. Contact listing agent for more details!
Exterior Features

Fenced Yard Yes Lot Type Irregular Roof Composition Siding Wood View Territorial

Interior Features

Dining Area (Combination) Dishwasher Yes Disposal Yes Flooring Laminate Heating Electric Laundry W/D Hookup Range Facility Electric Unit1 Baths 1 Unit1 Bedrooms 3 Unit2 Baths 1 Unit2 Bedrooms 1 Water Heater Electric

Property Features

Assessments Or Liens No Dual Living Other (Refer to remarks) Exclusions Tenant belongings Handicap Amenities No High Speed Comm Access Available Home Warranty Negotiable Homeowners Association No Association Inspection Report Available No Multifamily Type Duplex New Construction No Possession Neg Property Use Type Investment Sewer City Tax Amount 2164 Tax Years 2024 Terms Seller Will Consider Land Sales ContractFHAFederal VACashAssume Present FinancingConventional Water City Zoning RS

© 2025 Willamette Valley Multiple Listing Service. All rights reserved.


Willamette Valley MLS logo © 2025 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2025-11-13T16:08:49.107.
 
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Keller Williams Mid-Willamette
201 NW 3rd St
Corvallis OR, 97330
Listing provided courtesy of SMI REAL ESTATE: 503-390-6060. Listing information © 2025 Willamette Valley Multiple Listing Service