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$513,000
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Property Description
Offer deadline Monday, 8/18 at 5PM. Assumable 2.625% FHA loan available! Large single-story duplex on corner lot in prime location! Proforma rents at $48,600 annually with low expenses. Each unit offers W/D hookups, private fenced backyard, and attached garage. Unit mix: Sylvan 3 bed 2 bath with a 2-car garage & Sunland 2 bed 1.5 bath with a 1-car garage. Separately metered for electric. Just 1.5 miles from I5 and near shops & schools, making it easy to rent! Please do not disturb tenants.
Full Property Details
Full Property Details for 1487 Sylvan Ave SE
General
- Sold For: $513,000
- Taxes: $5,709 (2024)
- Status: Closed
- Type: Duplex
- Source: WVMLS
- MLS ID: 832588
- Added to Site: 156 day(s) ago
Interior
- Flooring: Carpet, Laminate
Rooms
Bedrooms
- Total Bedrooms: 5
Exterior
- Color: Brown
Location
- County: SOUTHEAST SALEM
- Subdivision: RM Tone
School Information
- Elementary School: Pringle
- Middle School: Judson
- High School: South Salem
Heating & Cooling
- Heating Type: Heat Pump
- Heating Fuel: Heat Pump
- Water Heater: Electric
Utilities
- Sewer: City
- Water: City
Structural Information
- Roof: Composition
- Square Feet: 2,303
- Year Built: 1992
Unit Information
- Units in Building: 2
Unit 1
- Square Feet: 1281
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Square Feet: 1022
- Total Bathrooms: 1.5
- Bedrooms: 2
Unit 4
- Level: AmeriTitle
Unit 5
- Square Feet: 3
Lot Features
- Lot Size (Acres): 0.2
- Frontage Feet: 1022
- Zoning: RS
- Lot Description: 19
Financial Considerations
- Price Per Sq. Ft.: $222.75
- Price Per Acre: $2,499,500
- Assessment Year: 1992
- Tax Amount: $5,709
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 19
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Schools
Schools serving 1487 Sylvan Ave SE
School District:Salem-Keizer School District 24j
| Name | Grades | Distance |
|---|---|---|
Pringle Elementary School 5500 Reed Lane Southeast, Salem, OR 97306 | PK-5 | 1.1 mi |
Judson Middle School 4512 Jones Road Southeast, Salem, OR 97302 | 6-8 | 1 mi |
South Salem High School 1910 Church Street Southeast, Salem, OR 97302 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1487 Sylvan Ave SE
Date
Details
Price
Change
Source
11/26/2025
Sold
$513,000
2.62%
MLS
8/13/2025
Listed
$499,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1487 Sylvan Av SE, Salem, OR 97302 (MLS# 832588) is a Duplex property that was sold at $513,000 on November 26, 2025. Want to learn more about 1487 Sylvan Av SE? Do you have questions about finding other Duplex real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.

