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$460,000
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Property Description
Excellent investment opportunity! Well-maintained duplex in SE Salem offering steady rental income. Each unit features comfortable living areas and private outdoor space. Located in a neighborhood with easy access to shopping, dining, schools, and major commuting routes. Perfect for investors or owner-occupants looking to live in one unit while renting the other. Both units currently occupied with reliable tenants in place. Don't miss this chance to add a solid performer to your portfolio!
Full Property Details
Full Property Details for 4862 Cougar Ct SE
General
- Sold For: $460,000
- Taxes: $3,320 (2024)
- Status: Sold
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 452312988
- Added to Site: 166 day(s) ago
Rental Information
- Rent Includes: Sewer, Water
Parking
- Garage: Yes
- Parking Features: Driveway, Garage
Location
- County: Marion
- Driving Directions: From State Street, go south on Cougar Ct then turn left. At the end of the cul-de-sac
School Information
- Midd School District: Houck
- Elementary School: Eyre
- Middle School: Houck
- High School: South Salem
Community
- Community Name: 175 - Marion Co: East Salem S
Heating & Cooling
- Heating Type: Baseboard
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Basement Desc.: Crawl Space
- Roof: Composition
- Stories/Levels: 1
- Year Built: 1975
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,583
- Lot Size: 7, 000 to 9, 999 SqFt
- Lot Features: Cul-de-sac
Financial Considerations
- Tax Amount: $3,320.72
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, State GI Loan, VA Loan
Disclosures and Reports
- Property ID: 543516
Listed by HomeSmart Realty Group (971) 599-5865, Erin Garibay (503) 871-2672
Sold by HomeSmart Realty Group (971) 599-5865, Ismael Zuniga Belman
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Schools
Schools serving 4862 Cougar Ct SE
School District:Salem-Keizer School District 24j
| Name | Grades | Distance |
|---|---|---|
Eyre Elementary School 4868 Buffalo Dr SE, Salem, OR 97301 | K-5 | 0.6 mi |
Houck Middle School 1155 Connecticut, Salem, OR 97301 | 6-8 | 0.9 mi |
South Salem High School 1910 Church Street Southeast, Salem, OR 97302 | 9-12 | 3.8 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 4862 Cougar Ct SE
Date
Details
Price
Change
Source
9/25/2025
Sold
$460,000
-1.08%
MLS
8/04/2025
Listed
$465,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4862 Cougar Ct SE, Salem, OR 97317 (MLS# 452312988) is a Multi-Family property that was sold at $460,000 on September 25, 2025. Want to learn more about 4862 Cougar Ct SE? 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.

