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Executive Summary

Built in 2001, this nicely appointed townhome style duplex is located off Eola in NW Salem. Each unit has a living room, dining room, kitchen, laundry space/room, 2 bedrooms and 1.5 bathrooms. New LVP, carpet, and paint in Unit 511. Great opportunity to live in one unit and rent out the other for extra income! Units have direct access to a garage or covered breezeway to garage, plus one driveway space for parking. Close to West Salem shopping and restaurants. Please do not disturb the residents.
Both units are currently vacant.

Property Facts

Price $569,900
Price Per Unit $284,950
Sale Type Investment
No. Units 2
Property Type Multifamily
Building Size 2,367 SF
No. Stories 2
Year Built 2001
Zoning Salem RS

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1.5 2 $1.00 1,145 - 1,222
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
262998
Land Assessment
$41,000
Improvements Assessment
$234,070
Total Assessment
$275,070
  • Listing ID: 38439618

  • Date on Market: 11/13/2025

  • Last Updated:

  • Address: 505 Woodland Dr NW, Salem, OR 97304

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