Listing provided courtesy of Keller Williams Premier Partners- MLS# 498772327MLS ProviderContact Information: [email protected]

2027 CORAL AVE NESalem, OR 97305

Single Family · 4 Beds · 1 Full Bath · 1,852 Sq. ft. | 0.22 Acres
$400,000 Active

2027 CORAL AVE NE Overview

Time on Site:
12 days
Visits:
0

This property opens the door to a variety of possibilities with a single-family home and duplex situated on one lot. Whether you're looking to offset your mortgage with rental income, expand your investment portfolio, or create a multigenerational living setup, opportunities like this are hard to find. The duplex features two 1-bedroom, 1-bathroom units and has a strong rental history with minimal vacancies. The main home has updated plumbing, while the property also includes underground sprinklers in both the front and backyard, a spacious yard, and additional storage with a shed. The home roof was replaced approximately 3 years ago with a Presidential roof, and the shed roof is approximately 4 years old. RV parking adds even more flexibility. Convenient Salem location close to shopping, dining, schools, and everyday amenities. Rare chance to own multiple income-producing units on a single parcel.

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

2027 CORAL AVE NE Facts & Features

  • Type Single Family
  • Sq. ft. 1,852
  • Price/Sq.ft. $216
  • Lot 0.22 Acres

Details

General

School Information

  • Elementary School: Swegle
  • Middle Or Junior School: Waldo
  • High School: McKay

Building Information

  • Year Built: 1948

Location/Region

  • Country: US
  • County Or Parish: Marion
  • MLS Area Major: 176 - Marion Co: East Salem N

Tax Information

  • Tax Annual Amount: 3446.53
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional,Owner Will Carry,Rehab
  • Parcel Number: 559816
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Zoning: RS

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Partial: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 4

Building Interior

  • Building Area Total: 1852.0

General Information

  • Appliances: Free-Standing Range,Free-Standing Refrigerator
  • Cooling: None
  • Fireplace Features: Wood Burning
  • Fireplaces Total: 1
  • Heating: Forced Air
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Driveway,On Street
  • Parking Total: 0

Lot Information

  • Lot Features: Corner Lot
  • Lot Size Acres: 0.22
  • Lot Size Square Feet: 9583.0
  • Road Surface Type: Concrete
  • Water Source: Public Water

Building Exterior/Construction

  • Architectural Style: Bungalow
  • Roof: Composition

General Information

  • Exterior Features: Accessory Dwelling Unit,Covered Deck,Fenced,RV Parking,RV/Boat Storage,Second Residence,Security Lights,Yard
  • Sewer: Public Sewer

2027 CORAL AVE NE Neighborhood

Community

97305 (Salem) Demographics

30
Median Age
934
Population Density (per sq. mile)
25%
College Educated
$56,787
Estimated Median Income
7,843
Estimated Total Home Owners
6,333
Estimated Total Renters
55% / 45%
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.

2027 CORAL AVE NE Market Data

Based on the last 30 days in this zip code

$491,635
Average List Price
$275
Average Price per Square Foot
35
Properties Sold
92
Average Days on Market
192
Properties for Sale
Calculations provided by Reliance Network

2027 CORAL AVE NE History

Date Event Value Agent
6/17/2026Source: Regional MLS Added to Database
June 17, 2026