4551 Chippewa Ct SE - Multi-Family FOR SALE


Salem, OR 97317- Four Corners
$485,000 USD
503-390-6060
4551 Chippewa Ct SE, Salem, OR for Sale
$485,000 USD
Multi-Family - FOR SALE
1/6
null | Request Cap Rate

4551 Chippewa Ct SE
Salem, OR 97317
Four Corners


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$485,000 USD

PRICE/SF

$228 USD /SF

# OF UNITS

2

PRICE/UNIT

$242,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4541-4551 Chippewa Ct SE Salem OR

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

RS

APN/PARCEL ID

559745

ASK ABOUT THIS PROPERTY

Jordan SparksSMI Real EstateMore Info
503-390-6060

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Jordan SparksSMI Real EstateMore Info
503-390-6060

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.