Listing provided courtesy of Berkshire Hathaway HomeServices NW Real Estate- MLS# 481539525MLS Provider

5001 COLOMA CTSalem, OR 97306

Multi-Family · 2,006 Sq. ft. | 0.22 Acres
$500,000 Active

5001 COLOMA CT Overview

Time on Site:
5 days
Visits:
1

Excellent tenant-ready investment opportunity or owner-occupied duplex in South Salem! Situated on a spacious 0.22-acre corner lot, this duplex offers a total of 2,006 sq ft, with each unit featuring 1,003 sq ft of comfortable living space. Built in 1992, both two-story units have an efficient floor plan with 2 bedrooms & 2 full bathrooms (1 full bath upstairs & a second full bath on the main level combined with a convenient laundry area). Attached single-car garages provide additional storage & parking. Recent updates enhance the property's appeal, with Unit 5003 featuring all new interior paint, flooring, toilet & sink. Unit 5001 has brand-new carpet, newer vinyl flooring & paint. Units include covered patios, fenced/partially fenced backyards, offering private outdoor space for tenants or owners to enjoy. Unit 5001 has an auto-sized gate for RV/Boat parking & a 20x10 storage unit. Conveniently located in a desirable South Salem neighborhood near shopping, schools, parks, and commuter routes, this duplex presents a strong opportunity for investors seeking rental income or buyers looking to live in one unit while generating income from the other.

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5001 COLOMA CT Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,006
  • Price/Sq.ft. $249
  • Lot 0.22 Acres

Details

General

School Information

  • Elementary School: Liberty
  • Middle Or Junior School: Crossler
  • High School: Sprague

Income/Expenses

  • Gross Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 1992

Location/Region

  • Country: US
  • County Or Parish: Marion
  • MLS Area Major: 170 - Marion Co: Except Salem and Keizer

Rent/Lease Information

  • Rent Includes: None

Tax Information

  • Tax Annual Amount: 5677.67
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: 587012
  • Property Type: Multi Family
  • Zoning: RA

Interior

Parking Information

  • Garage Spaces: 1.0

Building Interior

  • Building Area Total: 2006.0

General Information

  • Basement: Crawl Space
  • Cooling: None
  • Heating: Wall Heater,Zoned
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Driveway,Garage

Lot Information

  • Lot Features: Corner Lot,Level
  • Lot Size Acres: 0.22
  • Lot Size Square Feet: 9583.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 2
  • Sewer: Public Sewer

5001 COLOMA CT Neighborhood

Community

97306 (Salem) Demographics

38
Median Age
969
Population Density (per sq. mile)
51%
College Educated
$71,775
Estimated Median Income
8,289
Estimated Total Home Owners
4,098
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5001 COLOMA CT Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5001 COLOMA CT Market Data

Based on the last 30 days in this zip code

$652,124
Average List Price
$279
Average Price per Square Foot
47
Properties Sold
75
Average Days on Market
282
Properties for Sale
Calculations provided by Reliance Network

5001 COLOMA CT History

Date Event Value Agent
6/24/2026Source: Regional MLS Added to Database
June 24, 2026