Listing provided courtesy of EXP REALTY, LLC- MLS# 842101MLS ProviderContact Information: Cell: 503-428-1741

4085 Glenwood Dr SESalem, OR 97317

Single Family · 6 Beds · 3 Full Baths · 2,590 Sq. ft. | 0.25 Acres
$899,999 ACTIVE

4085 Glenwood Dr SE Overview

Time on Site:
18 days
Visits:
0

OWNER CARRY AVAILABLE! Rare opportunity to own a versatile dual-living property featuring two homes on one lot, including a fully permitted ADU, a powered two-story shop, carport, and flexible seller financing terms. Located on .25 acres in Salem's 97317 area code this unique property offers approximately 2,590 sq ft of combined living space with 6 bedrooms and 3 full bathrooms. The property includes a fully permitted 950 sq ft ADU with 2 bedrooms and 1 bathroom. Originally built in 1946, it underwent an extensive permitted renovation in 2020 including new plumbing, electrical service and panel, insulation, roof, siding, structural improvements, and an expanded bathroom, laundry, and utility area with rear entrance. The ADU features ductless heating and cooling, LVP flooring, and is currently rented.Built in 2019, the main residence offers 1,640 sq ft of single-level living with 4 bedrooms and 2 bathrooms. Designed for durability, the home features 3/4-inch plywood sheathing throughout, a gas furnace, heat pump, gas water heater, tile flooring in the kitchen, dining area, and bathrooms, and LVP flooring in the bedrooms. The kitchen includes double ovens and additional built-in storage at the covered side entry.The homes are separated by a divider fence, creating an ideal setup for multigenerational living, owner occupancy with rental income, extended family, guests, or investment purposes. Behind the main home is a powered two-story 22' x 24' shop and an adjacent 18' x 22' carport. Water and sewer service are shared, while each home benefits from its own electric meter. Construction photos documenting both homes are available.Seller financing is available with proposed terms of $100,000 down, 6.3% interest, and a 30-year amortization. All terms are negotiable subject to seller approval. Opportunities offering a fully permitted ADU, newer construction, shop space, rental income potential, and owner carry financing are increasingly difficult to find.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

4085 Glenwood Dr SE Facts & Features

  • Type Single Family
  • Sq. ft. 2,590
  • Price/Sq.ft. $347
  • Lot 0.25 Acres

Details

General

School Information

  • Elementary School: Four Corners
  • Middle Or Junior School: Houck
  • High School: North Salem

Building Information

  • Year Built: 2020

Location/Region

  • County Or Parish: Marion
  • MLS Area Major: 35 SUBURBAN E SALEM/SOUTH
  • Subdivision Name: meadowlawn

Tax Information

  • Tax Annual Amount: 4666

General Information

  • Property Sub Type: Residence
  • Property Type: Residential
  • Senior Community: No
  • Zoning: Res 101

Interior

Parking Information

  • Garage Spaces: 2

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total: 3
  • Bedrooms Total: 6

General Information

  • Flooring: Luxury Vinyl Plank,Tile
  • Foundation Details: Continuous
  • Living Area: 2590
  • Stories Total: 1 Story

Exterior

Lot Information

  • Lot Features: Dimension Above
  • Lot Size Acres: 0.25
  • Lot Size Dimensions: 50x2012
  • Lot Size Square Feet: 10850
  • Water Source: City

Waterfront/View

  • View: Territorial

Building Exterior/Construction

  • Construction Materials: Fiber Cement,Wood
  • Roof: Composition,Shingle

General Information

  • Fencing: Partial
  • Other Structures: Separate Shop

4085 Glenwood Dr SE Neighborhood

Community

97317 (Salem) Demographics

39
Median Age
481
Population Density (per sq. mile)
28%
College Educated
$70,838
Estimated Median Income
5,562
Estimated Total Home Owners
2,481
Estimated Total Renters
69% / 31%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4085 Glenwood Dr SE Market Data

Based on the last 30 days in this zip code

$802,511
Average List Price
$377
Average Price per Square Foot
23
Properties Sold
97
Average Days on Market
115
Properties for Sale
Calculations provided by Reliance Network

4085 Glenwood Dr SE History

Date Event Value Agent
6/11/2026Source: Willamette Valley MLS Added to Database
June 11, 2026