1540 SALEM AVE, Albany, OR 97321

$549,000
3
BD
2
BA
1,716
SqFt

Show Photos

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

List Price
$549,000
Days on Market
1
Status
ACTIVE
MLS#
781957710
Bedrooms
3
Bathrooms
2
Living Area
1,716
Lot Size
20, 000 SqFt to .99 Acres
Region
Linn County

Property Description

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.

Additional Information

Tax Amount
$4,613
Year Built
1895
High School
West Albany
Elementary School
Waverly
Middle School
Memorial
Fireplaces Total
1
Acres
0.66
Living Area
1,716
Stories
1
Property Type
Single Family Residence
Terms
Cash, Conventional, FHA, VA Loan
Master Bedroom Level
Main
Fireplace Description
Electric, Gas
Fuel Description
Electricity
Heating Description
Wall Furnace
Hot Water Description
Electricity
Exterior Description
T-111 Siding
Roof Type
Composition
Sewer Description
Public Sewer
Style
1 Story
View
Territorial
Parking
Driveway
Parking Description
Driveway
Road Surface
Paved
Exterior Features
Deck, Tool Shed
Interior Features
Laminate Flooring, Tile Floor, Wall to Wall Carpet
Kitchen Appliances
Dishwasher, Free-Standing Range, Free-Standing Refrigerator

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

Listing courtesy of eXp Realty, LLC.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.