See all 34 photos

Listed by ROBERT VANLEUVEN • EXP REALTY, LLC • Cell: 503-428-1741

$899,999

Est. payment - /mo

Save

6 Beds

3 Baths

2,590 SqFt

New

4085 Glenwood Dr SE Salem, OR 97317

Save

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,590 sqft

Price per Sqft $347

Subdivision Meadowlawn

MLS Listing ID 842101

Bedrooms 6

Full Baths 3

Year Built 2020

Annual Tax Amount $4,666

Tax Year 2025

Lot Size 10,890 Sqft

Acres 0.25

Property Sub-Type Residence

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.

Location

State OR

County Marion

Area 35 Suburban E Salem/South

Rooms

Primary Bedroom Level 1/Main

Dining Room Area (Combination)

Interior

Hot Water Electric, Gas

Heating Gas, Heat Pump, Forced Air, Ductless/Mini-Split

Cooling Gas, Forced Air, Ductless/Mini-Split

Flooring Luxury Vinyl Plank, Tile

Inclusions Fridge, Stove

Exterior

Parking Features Carport

Garage Spaces 2.0

Fence Partial

View Territorial

Roof Type Composition,Shingle

Garage Yes

Building

Foundation Continuous

New Construction No

Schools

Middle Schools Houck

High Schools North Salem

Others

Senior Community No

Acceptable Financing Cash, Conventional, Federal VA, FHA, LS Contract, ODVA

Listing Terms Cash, Conventional, Federal VA, FHA, LS Contract, ODVA

Nearby Locations

GET MORE INFORMATION

Edel Lopez

Broker | License ID: 201224741 | Realty of America

+1(503) 800-7006