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$550,000 Just Listed
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Property Description
Rare opportunity to own this 2,212 sq ft single-story duplex on a large corner lot on a quiet, non-throughway street. Both units feature 3 bedrooms, 2 full baths and double car garages. Unit 4981 has had recent updates including LVP flooring, quartz kitchen countertops, paint and is currently vacant available for owner occupied while subsidizing mortgage payments renting the other unit. Unit 4895 is occupied, do not disturb the tenants. Do not wait for this one will go fast.
Full Property Details
Full Property Details for 4981 - 4985 Fontana St SE
General
- Price: $550,000
- Taxes: $4,711 (2025)
- Status: Active
- Type: Duplex
- Source: WVMLS
- MLS ID: 841469
- Updated: 5/26/2026
- Added to Site: 3 day(s) ago
Interior
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Exterior
- Color: White
Location
- County: SUBURBAN E SALEM/SOUTH
- Subdivision: Fontana Pines
- Driving Directions: State St to South on 49th Ave SE to East on Fontana St SE.
School Information
- Elementary School: Mary Eyre
- Middle School: Houck
- High School: South Salem
Heating & Cooling
- Heating Type: Gas, Forced Air
- Heating Fuel: Gas, Forced Air
- Water Heater: Gas
Utilities
- Sewer: City
- Water: City
Structural Information
- Roof: Composition
- Square Feet: 2,212
- Year Built: 2003
Unit Information
- Units in Building: 2
Unit 1
- Square Feet: 1106
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Square Feet: 1106
- Total Bathrooms: 2
- Bedrooms: 3
Unit 4
- Level: Fidelity
Unit 5
- Square Feet: 3
Lot Features
- Lot Size (Acres): 0.18
- Frontage Feet: 1106
- Lot Description: 18
Financial Considerations
- Price Per Sq. Ft.: $248.64
- Price Per Acre: $3,055,555.56
- Assessment Year: 2003
- Tax Amount: $4,711
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 18
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Schools
Schools serving 4981 - 4985 Fontana St 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 | 1 mi |
North Salem High School 765 14th Street Northeast, Salem, OR 97301 | 9-12 | 3.3 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 4981 - 4985 Fontana St SE
Date
Details
Price
Change
Source
5/26/2026
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4981 - 4985 Fontana St SE
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,711
-4%
$283,340
3%
2024
$4,916
7%
$275,090
3%
2023
$4,605
-11%
$267,080
6%
2021
$5,187
17%
$251,760
-3%
2022
$4,426
14%
$259,310
6%
2020
$3,896
2%
$244,430
3%
2019
$3,811
-4%
$237,320
3%
2018
$3,965
21%
$230,410
3%
2017
$3,283
—
$223,700
3%
2016
$3,296
5%
$217,190
3%
2015
$3,128
7%
$210,870
3%
2014
$2,918
6%
$204,730
6%
2013
$2,755
—
$194,050
—
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
Estimate the Cost for 4981 - 4985 Fontana St SE
4981 - 4985 Fontana St SE, Salem, OR 97317 (MLS# 841469) is a Duplex property with 6 bedrooms and 0 full bathrooms. 4981 - 4985 Fontana St SE is currently listed for $550,000 and was received on May 26, 2026. Want to learn more about 4981 - 4985 Fontana St 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.

