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$450,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 4 days ago
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Great investment opportunity in the desirable Hayesville neighborhood! This single-level duplex sits on a corner lot and offers an ideal combination of convenience, functionality, and income potential. Located close to Chemeketa Community College, schools, shopping, and easy I-5 access, the property is well-positioned for both investors and owner-occupants. Both units feature 2 bedrooms and 1 bathroom. Both units include a full kitchen with dishwasher, refrigerator, electric range, and garbage disposal, along with washer/dryer hookups, vinyl floors in kitchen and eating areas, carpet in living and bedrooms and fenced backyards. Each unit also includes a single-car attached garage. Recent exterior paint adds to the property's well-maintained appeal. A versatile property with strong rental potential and a convenient location-an opportunity not to be missed!

Full Property Details for 4196 47th Ave NE

General

  • Price: $450,000
  • Taxes: $3,154 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 581499696
  • Updated: 10/8/2026
  • Added to Site: 4 day(s) ago

Rental Information

  • Rent Includes: Sewer, Water

Parking

  • Garage: Yes
  • Parking Features: Driveway, Garage

Location

  • County: Marion
  • Driving Directions: From Silverton Rd, N on 48th, W on Herrin, N on 47th to property

School Information

  • Elementary School: Yoshikai
  • Middle School: Stephens
  • High School: McKay

Community

  • Community Name: 176 - Marion Co: East Salem N

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Private

Structural Information

  • Property Detached: Yes
  • Roof: Composition
  • Stories/Levels: 1
  • Square Feet: 1,763
  • Year Built: 1974

Lot Features

  • Lot Size (Acres): 0.17
  • Lot Size (Sq. Ft.): 7,405
  • Lot Size: 7, 000 to 9, 999 SqFt
  • Frontage: Concrete, Paved

Financial Considerations

  • Operating Expenses: $3,821
  • Tax Amount: $3,154.24
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: PENTICTON ESTATES, BLOCK 2, LOT 1, ACRES 0.174
  • Disclosures/Reports: Exempt
  • Property ID: 558261

Listed by Real Broker (855) 450-0442, Joey McNamara (360) 773-0000 and Real Broker (855) 450-0442, Samuel Purtle (503) 764-8409

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Listing agents

— 4196 47th Ave NE —

  • Joey McNamara

    Real Broker

    855-450-0442

  • Samuel Purtle

    Real Broker

    855-450-0442

360-773-0000

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Get a Great Insurance Rate

Find the right home insurance for your new home!

with our affiliated in-house agency

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 4196 47th Ave NE

School District:Salem-Keizer School District 24j
NameGradesDistance
Yoshikai Elementary School
4900 Jade Street Northeast, Salem, OR 97305
K-50.4 mi
Stephens Middle School
4962 Hayesville Drive Northeast, Salem, OR 97305
6-80.8 mi
Mckay High School
2440 Lancaster Drive Northeast, Salem, OR 97305
9-121.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4196 47th Ave NE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/08/2026
Listed
$450,000
625.81%
MLS
9/29/1988
Sold
$62,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4196 47th Ave NE

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,154
—
$181,800
3%
2024
$3,166
—
$176,510
3%
2023
$3,165
11%
$171,370
6%
2021
$2,849
-5%
$161,540
-3%
2022
$3,009
15%
$166,380
6%
2020
$2,616
2%
$156,840
3%
2019
$2,557
-2%
$152,280
3%
2018
$2,616
23%
$147,850
3%
2017
$2,128
4%
$143,550
3%
2016
$2,050
1%
$139,370
3%
2015
$2,030
—
$135,320
3%
2014
$2,028
11%
$131,380
3%
2013
$1,832
—
$127,560
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 4196 47th Ave NE

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NMLS#: 1598647

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Listed by Real Broker (855) 450-0442, Joey McNamara (360) 773-0000 and Real Broker (855) 450-0442, Samuel Purtle (503) 764-8409

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4196 47th Ave NE, Salem, OR 97305 (MLS# 581499696) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 4196 47th Ave NE is currently listed for $450,000 and was received on October 08, 2026. Want to learn more about 4196 47th Ave NE? Do you have questions about finding other Multi-Family real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.

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