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4085 Glenwood Dr Se, Salem, OR 97317

$899,999
  • 4085 Glenwood Dr Se, Salem, OR 97317 Main Photo

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Listing Courtesy of: EXP REALTY, LLC
Agency Contact: Cell: 503-428-1741
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BEDS6 BATHS3 full SQUARE FEET2,590 MLS#842101
STATUS PROPERTY TYPEResidential - Single Family SUBDIVISIONmeadowlawn

Property Description

OWNER CARRY AVAILABLE! Rare opportunity to own a versatile dual-living property featuring two homes on one lot, including a fully permitted ADU, a powered two-story shop, carport, and flexible seller financing terms. Located on .25 acres in Salem's 97317 area code this unique property offers approximately 2,590 sq ft of combined living space with 6 bedrooms and 3 full bathrooms. The property includes a fully permitted 950 sq ft ADU with 2 bedrooms and 1 bathroom. Originally built in 1946, it underwent an extensive permitted renovation in 2020 including new plumbing, electrical service and panel, insulation, roof, siding, structural improvements, and an expanded bathroom, laundry, and utility area with rear entrance. The ADU features ductless heating and cooling, LVP flooring, and is currently rented.Built in 2019, the main residence offers 1,640 sq ft of single-level living with 4 bedrooms and 2 bathrooms. Designed for durability, the home features 3/4-inch plywood sheathing throughout, a gas furnace, heat pump, gas water heater, tile flooring in the kitchen, dining area, and bathrooms, and LVP flooring in the bedrooms. The kitchen includes double ovens and additional built-in storage at the covered side entry.The homes are separated by a divider fence, creating an ideal setup for multigenerational living, owner occupancy with rental income, extended family, guests, or investment purposes. Behind the main home is a powered two-story 22' x 24' shop and an adjacent 18' x 22' carport. Water and sewer service are shared, while each home benefits from its own electric meter. Construction photos documenting both homes are available.Seller financing is available with proposed terms of $100,000 down, 6.3% interest, and a 30-year amortization. All terms are negotiable subject to seller approval. Opportunities offering a fully permitted ADU, newer construction, shop space, rental income potential, and owner carry financing are increasingly difficult to find.

Property Features

Property Type: Residential - Single Family
Fenced: Yes
Garage: 2
Lot Size: 0.25 Acres
Roof Type: Composition, Shingle
Taxes: $4,666
Year Built: 2020

Feature Descriptions

Days on Site: 35
Dining Room: Area (Combination)
Dishwasher: Yes
Exterior: Fiber Cement, Wood
Fenced Yard: Partial
Flooring: Luxury Vinyl Plank, Tile
Foundation: Continuous
Heating/Cooling: Gas, Heat Pump, Forced Air, Ductless/Mini-Split
Inclusions: Fridge, Stove
Lot Dimensions: 50x2012
Outbuilding(s): Separate Shop
Outbuilding(s): Yes
Parking Notes: Carport
Price Per Square Foot: 347.49
Range: Electric, Range Included
Sewer: Yes
Special View Info: Territorial
Water: City
Water Heater: Electric, Gas

Local Schools

High School: North Salem
Middle School: Houck
Elementary School: Four Corners

Listed By / Shown By

Listed By

Agency Name: EXP REALTY, LLC
Agency Contact: Cell: 503-428-1741

Shown By

Agency Title: Coldwell Banker Valley Brokers
Albany: 541.928.6317
Corvallis: 541.757.0222

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Estimate Your Payment

Estimated Payment

$ 2,654.34 per month $2,003.01 Principal & Interest $388.83 Property Tax $262.50 Homeowner's Insurance

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