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$512,000
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Property Description
Excellent tenant-ready investment opportunity or owner-occupied duplex in South Salem! Situated on a spacious 0.22-acre corner lot, this duplex offers a total of 2,006 sq ft, with each unit featuring 1,003 sq ft of comfortable living space. Built in 1992, both two-story units have an efficient floor plan with 2 bedrooms & 2 full bathrooms (1 full bath upstairs & a second full bath on the main level combined with a convenient laundry area). Attached single-car garages provide additional storage & parking. Recent updates enhance the property's appeal, with Unit 5003 featuring all new interior paint, flooring, toilet & sink. Unit 5001 has brand-new carpet, newer vinyl flooring & paint. Units include covered patios, fenced/partially fenced backyards, offering private outdoor space for tenants or owners to enjoy. Unit 5001 has an auto-sized gate for RV/Boat parking & a 20x10 storage unit. Conveniently located in a desirable South Salem neighborhood near shopping, schools, parks, and commuter routes, this duplex presents a strong opportunity for investors seeking rental income or buyers looking to live in one unit while generating income from the other.
Full Property Details
Full Property Details for 5001 Coloma Ct
General
- Sold For: $512,000
- Taxes: $5,677 (2025)
- Status: Sold
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 481539525
- Added to Site: 65 day(s) ago
Rental Information
- Rent Includes: None
Parking
- Garage: Yes
- Parking Features: Driveway, Garage
Location
- County: Marion
- Driving Directions: South on Liberty, West on Boone, Right on Coloma Ct
School Information
- Midd School District: Crossler
- Elementary School: Liberty
- Middle School: Crossler
- High School: Sprague
Community
- Community Name: 170 - Marion Co: Except Salem and Keizer
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Heater, Zoned
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Basement Desc.: Crawl Space
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 2,006
- Year Built: 1992
Lot Features
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,583
- Lot Size: 7, 000 to 9, 999 SqFt
- Frontage: Paved
- Lot Features: Corner Lot, Level
Financial Considerations
- Tax Amount: $5,677.67
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Disclosures/Reports: Disclosure
- Property ID: 587012
Listed by Berkshire Hathaway HomeServices NW Real Estate (503) 538-2101, Laura Oviatt (503) 550-6034
Sold by Non Rmls Broker (503) 236-7657, OR and WA Non Rmls
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Schools
Schools serving 5001 Coloma Ct
School District:Salem-Keizer School District 24j
| Name | Grades | Distance |
|---|---|---|
Liberty Elementary School, Salem, OR 4871 Liberty Road South, Salem, OR 97306 | K-5 | 0.5 mi |
Crossler Middle School 1155 Davis Road South, Salem, OR 97306 | 6-8 | 0.8 mi |
Sprague High School, Salem, OR 2373 Kuebler Boulevard, Salem, OR 97302 | 9-12 | 1.2 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 5001 Coloma Ct
Date
Details
Price
Change
Source
7/31/2026
Sold
$512,000
2.4%
MLS
6/24/2026
Listed
$500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5001 Coloma Ct, Salem, OR 97306 (MLS# 481539525) is a Multi-Family property that was sold at $512,000 on July 31, 2026. Want to learn more about 5001 Coloma Ct? 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.

