Bought with Non Rmls Broker
$500,000
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5001 COLOMA CT Salem, OR 97306
2,006 SqFt
Key Details
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,006 sqft
Price per Sqft $255
MLS Listing ID 481539525
Sold Date 07/31/26
Year Built 1992
Annual Tax Amount $5,677
Tax Year 2025
Lot Size 9,583 Sqft
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.
Location
State OR
County Marion
Area _170
Zoning RA
Rooms
Basement Crawl Space
Interior
Heating Wall Heater, Zoned
Cooling None
Exterior
Garage Spaces 1.0
Roof Type Composition
Garage No
Building
Lot Description Corner Lot, Level
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Liberty
Middle Schools Crossler
High Schools Sprague
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
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