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 mid term rental, generating $2,500/month in income. 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
For sale
Listed by: Exp Realty, Llc • RICKY CEDILLO • 503-559-2489
Price cut: $30K (11/9)
$449,000
1530-1540 SE Salem Ave, Albany, OR 97321
3beds
1,716sqft
Single Family Residence
Built in 1895
0.66 Acres Lot
$476,400 Zestimate®
$262/sqft
$-- HOA
What's special
- 141 days
- 584
- 39
Zillow last checked:
Listing updated:
Listed by:
RICKY CEDILLO 503-559-2489,
Exp Realty, Llc
Source: WVMLS,MLS#: 842552
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Dining room
- Features: Formal
Heating
- Electric, Wall Furnace
Appliances
- Included: Dishwasher, Electric Range, Gas Range, Gas Water Heater
Features
- Breakfast Room/Nook, Loft, Mudroom, Office, Rec Room
- Flooring: Carpet, Tile, Laminate
- Basement: Full
- Has fireplace: Yes
- Fireplace features: Living Room, Gas, Electric
Interior area
- Total structure area: 1,716
- Total interior livable area: 1,716 sqft
Property
Parking
- Parking features: No Garage
Features
- Patio & porch: Deck
- Fencing: Fenced
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.66 Acres
- Features: Irregular Lot
Details
- Additional structures: Shed(s), RV/Boat Storage
- Zoning: Albany-RM
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- T111
- Foundation: Continuous
- Roof: Composition
Condition
- New construction: No
- Year built: 1895
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Allen and Hawkins
Location
- Region: Albany
Financial & listing details
- Price per square foot: $262/sqft
- Annual tax amount: $4,480
- Price range: $449K - $449K
- Date on market: 6/22/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,ODVA,FHA,Federal Land Bank,Conventional
- Inclusions: All personal property for 1540
Estimated market value
$476,400
$453,000 - $500,000
$2,148/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/9/2026 | Price change | $449,000-6.3%$262/sqft |
Source:  WVMLS #842552 Report a problem | ||
| 11/2/2026 | Price change | $479,000-4%$279/sqft |
Source: WVMLS #842552 Report a problem | ||
| 9/18/2026 | Price change | $499,000-5.8%$291/sqft |
Source: WVMLS #842552 Report a problem | ||
| 8/31/2026 | Price change | $529,900-3.5%$309/sqft |
Source: WVMLS #842552 Report a problem | ||
| 8/7/2026 | Price change | $549,000-5.2%$320/sqft |
Source: WVMLS #842552 Report a problem | ||
| 7/14/2026 | Price change | $579,000-3.3%$337/sqft |
Source: WVMLS #842552 Report a problem | ||
| 6/22/2026 | Listed for sale | $599,000$349/sqft |
Source: WVMLS #842552 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Willamette
Nearby schools
Schools provided by the listing agent
- Elementary: Waverly
- Middle: Memorial
- High: West Albany
Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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