Looking for a solid investment this is it! Two completely remodeled homes on 1 tax lot just mile from downtown. Opportunity for dual living or keep the existing tenants and offset your mortgage. Rent out the vacant house(#2065) @ market rate and the property operates at an est. 6%+ cap rate. Separately metered for water/sewer, power & gas. Both homes are 2 beds/2 baths appx. 1020 SF. New modern updates include, granite counters, tile backsplash, gas furnace, LVP flooring, windows appliances & W/D hookups!
Sold for $525,000 on 04/04/23
Listed by:
JORDAN SPARKS 541-646-0650,
Smi Real Estate
Bought with: Smi Real Estate
$525,000
2065 Hazel Ave NE, Salem, OR 97301
4beds
4baths
2,042sqft
Duplex
Built in 1910
-- sqft lot
$552,900 Zestimate®
$257/sqft
$1,713 Estimated rent
Home value
$552,900
$520,000 - $592,000
$1,713/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: April 04, 2023 at 03:39pm
Listed by:
JORDAN SPARKS 541-646-0650,
Smi Real Estate
Bought with:
JORDAN SPARKS
Smi Real Estate
Source: WVMLS,MLS#: 802209
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Dining room
- Features: Area (Combination)
Heating
- Natural Gas
Appliances
- Included: Dishwasher, Electric Range, Range Included, Electric Water Heater
- Laundry: W/D Hookup
Features
- Flooring: Vinyl
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,042
- Total interior livable area: 2,042 sqft
Property
Parking
- Parking features: carport / driveway, gravel / alley access
Features
- Patio & porch: Deck
- Exterior features: Blue
- Fencing: Partial
Lot
- Size: 6,098 sqft
- Features: Landscaped
Details
- Zoning: RS
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Wood Siding, Lap Siding
- Foundation: Continuous
- Roof: Composition
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Salem
- Subdivision: Pratt Addition
HOA & financial
Other financial information
- Total actual rent: 1750
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,VA Loan,FHA,Land Sales Contract
Price history
| Date | Event | Price |
|---|---|---|
| 4/4/2023 | Sold | $525,000$257/sqft |
Source:  WVMLS #802209 | ||
| 3/8/2023 | Contingent | $525,000$257/sqft |
Source: WVMLS #802209 | ||
| 3/8/2023 | Listed for sale | $525,000$257/sqft |
Source: WVMLS #802209 | ||
Public tax history
Tax history is unavailable.
Neighborhood: Highland
Nearby schools
GreatSchools rating
- 3/10Highland Elementary SchoolGrades: K-5Distance: 0.2 mi
- 3/10Parrish Middle SchoolGrades: 6-8Distance: 0.9 mi
- 4/10North Salem High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Highland
- Middle: Parrish
- High: North Salem
Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$552,900
2% more+ $11,058
With Zillow Showcase(estimated)
$563,958