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$565,000
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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
- Sold For: $565,000
- Taxes: $4,710 (2025)
- Status: Sold
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 497351881
- Added to Site: 48 day(s) ago
Rental Information
- Rent Includes: Sewer
Parking
- Garage: Yes
- Total Spaces: 2
- Parking Features: Attached, Garage
Location
- County: Marion
- Driving Directions: State St to North on 49th Ave SE to East on Fontana St SE
School Information
- Midd School District: Other
- Elementary School: Other
- Middle School: Other
- High School: South Salem
Community
- Community Name: 176 - Marion Co: East Salem N
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
- Heating Fuel: Electricity, Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Basement Desc.: Crawl Space
- Roof: Composition
- Year Built: 2003
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,840
- Lot Size: 7, 000 to 9, 999 SqFt
- Frontage: Paved
- Lot Features: Corner Lot, Level
Financial Considerations
- Tax Amount: $4,710.53
- Tax Year: 2025
- Terms: Cash, Conventional, FHA
Disclosures and Reports
- Property ID: 331493
Listed by Shelby Real Estate PC (503) 877-7902, Donald Shelby (503) 877-7902
Sold by Realty of America, LLC (833) 256-4244, Edel Lopez Aparicio
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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
6/23/2026
Sold
$565,000
2.73%
MLS
5/27/2026
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.
4981 4985 Fontana St SE, Salem, OR 97317 (MLS# 497351881) is a Multi-Family property that was sold at $565,000 on June 23, 2026. Want to learn more about 4981 4985 Fontana St 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.

