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4551 Chippewa Ct SE - 4541-4551 Chippewa Ct SE Salem OR 2 Unit Apartment Building Offered at $485,000 Salem, OR 97317
Executive Summary
Well-kept duplex in SE Salem—ideal for owner-occupants or investors! Each unit features a rare 3 bed, 1 bath, 1,065 SF floor plan, 1 car garage & washer/dryer hookups. Recent updates include a newer roof, exterior paint, and fencing. One unit renovated in 2025 with LVP flooring, carpet, countertops, appliances, plus updated plumbing and electrical fixtures. 2nd unit has stable long-term tenants. Owner currently pays water/sewer/garbage. Sold individually or package with the neighboring Duplex at 4561-4571 Chippewa Ct SE Priced at $475,000.
Seller is a Licensed Real Estate Broker in the State of Oregon. Showing with accepted offer to purchase.
Seller is a Licensed Real Estate Broker in the State of Oregon. Showing with accepted offer to purchase.
Property Facts
| Price | $485,000 | Lot Size | 0.18 AC |
| Price Per Unit | $242,500 | Building Size | 2,130 SF |
| Sale Type | Investment | No. Stories | 1 |
| No. Units | 2 | Year Built | 1975 |
| Property Type | Multifamily | ||
| Zoning | RS | ||
| Price | $485,000 |
| Price Per Unit | $242,500 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Lot Size | 0.18 AC |
| Building Size | 2,130 SF |
| No. Stories | 1 |
| Year Built | 1975 |
| Zoning | RS |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 2 | $1,573 | 1,065 |
1 1
Property Taxes
| Parcel Number | 559745 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $196,230 |
Property Taxes
Parcel Number
559745
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$196,230
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4551 Chippewa Ct SE - 4541-4551 Chippewa Ct SE Salem OR
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