1487 Sylvan Ave Se, Salem, OR 97302

Listing Courtesy of SMI REAL ESTATE. 971-218-9349 Selling Office: SPARROW REAL ESTATE, LLC.

$513,000
5
BD
4
BA
2,303
SqFt
Add to Favorites Request Information New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

View on Map Request Info Add to Favorites
Sold Price
$513,000
List Price
$499,900
Closing Date
Nov 26, 2025
MLS#
832588
Status
CLOSED
Type
Multifamily
Subtype
Duplex
City
Salem
Area
40 Southeast Salem
County
Marion
Bedrooms
5
Bathrooms
4
Year Built
1992
Contact Us Call Us View on Map New Search

(503) 838-1912

Property Description

Offer deadline Monday, 8/18 at 5PM. Assumable 2.625% FHA loan available! Large single-story duplex on corner lot in prime location! Proforma rents at $48,600 annually with low expenses. Each unit offers W/D hookups, private fenced backyard, and attached garage. Unit mix: Sylvan 3 bed 2 bath with a 2-car garage & Sunland 2 bed 1.5 bath with a 1-car garage. Separately metered for electric. Just 1.5 miles from I5 and near shops & schools, making it easy to rent! Please do not disturb tenants.

(503) 838-1912
Contact Us
Search All Properties

Additional Information

Water
Public
Heating
Heat Pump
Flooring
Carpet, Laminate
Sewer
Public Sewer
View
Territorial
Roof
Composition
Elementary School
Pringle
Middle School
Judson
High School
South Salem
Request Info Add to Favorites
Add to Favorites Request Information New Search

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.