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3 Beds
2 Baths
1,716 sqft

$499,000

1540 SALEM AVE, Albany OR, 97321

Price per sqft$290.79
Built in1895
Property size1,716 sqft
Property typeResidential
Listing Courtesy of eXp Realty, LLC, Ricky Cedillo. 503-559-2489

Overview

Active

Listed Aug 7, 2026

Updated 21h ago

Rare opportunity to own two homes on one tax lot! Whether you're looking for multi-generational living, rental income, or a flexible investment, this property offers endless possibilities. The second home is currently operating as a fully furnished midterm rental, generating $2,500/ month in come. Live in one home while offsetting your mortgage with the other or keep both as income-producing properties. A unique setup with built in flexibility and earning potential. Seller is a licensed real estate agent.

$3,320/mo

Est. mortgage payment based on a $499,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
781957710

Interior Features

Bedrooms
3
Bathrooms
2
Fireplace
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.66 Acres

Other Property Details

Taxes
$4,614
Tax Frequency
Annually
View
Yes
55+/Senior Community
No
MLS provider logo

Listing Courtesy of eXp Realty, LLC, Ricky Cedillo. 503-559-2489

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Independent Broker Collective are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on 10/7/2026, 7:26 AM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available

Listing content is copyright © 2026 RMLS™, Portland, Oregon. All rights reserved.

 

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