Fully rented, single-level duplex in desirable South Salem neighborhood on large corner lot. New exterior paint and new roof installed May 2020. Long term tenants in both units. Lovely low-maintenance landscaping on both units with watering system. Storage shed with one unit. Each unit has a single-car garage and plenty of parking. Gas fireplaces in both units. Won't last long!
Off market
$531,300
1385 Jonmart Ave SE, Salem, OR 97306
4beds
0baths
1,944sqft
MultiFamily
Built in 1997
-- sqft lot
$531,300 Zestimate®
$273/sqft
$2,093 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 0
Heating
- Forced air, Electric
Appliances
- Included: Dishwasher, Garbage disposal
- Laundry: Washer/Dryer Hookup
Features
- Individual Storage Units
- Basement: Crawl Space
Interior area
- Total interior livable area: 1,944 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Exterior features: Cement / Concrete
Lot
- Size: 9,583 sqft
- Features: Corner Lot, Views
Details
- Parcel number: 582381
- Zoning: RS
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Existing
- Year built: 1997
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Cable Connected
Community & neighborhood
Location
- Region: Salem
HOA & financial
Other financial information
- Total actual rent: 1700
Other
Other facts
- ViewYN: true
- Sewer: Public Sewer
- WaterSource: Public
- RoadSurfaceType: Paved
- Zoning: RS
- Appliances: Dishwasher, Disposal, Gas Water Heater
- FireplaceYN: true
- GarageYN: true
- HeatingYN: true
- NumberOfUnitsTotal: 2
- Utilities: Electricity Connected, Cable Connected
- CoolingYN: true
- Heating: Zoned
- GrossIncome: 20400
- Roof: Composition
- LotFeatures: Corner Lot, Views
- Cooling: Window Unit(s)
- Basement: Crawl Space
- ConstructionMaterials: Cement Siding, Lap Siding
- FarmLandAreaUnits: Square Feet
- ParkingFeatures: Storage, Garage
- TotalActualRent: 1700
- View: Territorial
- CapRate: 4.19
- LaundryFeatures: Washer/Dryer Hookup
- PropertyCondition: Existing
- NetOperatingIncome: 14675
- MlsStatus: Pending
- FoundationDetails: Stem Wall
- InteriorFeatures: Individual Storage Units
- RentIncludes: Maintenance Grounds
- OperatingExpense: 5725
- Road surface type: Paved
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$531,300
2% more+$10,626
With Zillow Showcase(estimated)$541,926