Salem, 97306
3 Bed
2 Bath
1990 SqFt
90 DOM
Built: 1950
$539,900
Price cut: $10.1K (05-20-2025)
$539900
Price cut: $10.1K (05-20-2025)
3 Bed
2 Bath
1990 SqFt
90 DOM
Built: 1950
Real Estate Agent
(503) 336-1515Unlock the potential of this 0.78 acre property situated in one of South Salems most desirable neighborhoods. Surrounded by top rated schools, major medical offices, and located on bus line, this site offers excellent connectivity with easy access to I5 and downtown Salem. A strategic location for savvy investors and developers. The property is zoned for Multi Family residential, allowing for a variety of development options including duplexes, triplexes, 4 plexes, or a larger multi unit complex with a potential density of up to 31 units per acre. Utilities are accessible with power and city water to the property, sewer and stormwater nearby. The existing home is a comfortable 3 bedroom, 2 bathroom single level residence spanning approximately 1990 sqft. It's connected to city water and a private septic system, with an additional well onsite for irrigation ideal for maintaining the property. Mature fir, sequoia, pine, numerous fruit trees, raised garden beds, and lush landscaping you are buying your own private oasis. Add income producing units, subdivide, or hold for future appreciation, this is a rare find with endless potential in an unbeatable location.Please do not enter the property without an appointment. Home is occupied.
Listing Provided Courtesy of Mark Shadrin, Berkshire Hathaway HomeServices Real Estate Profes
547041788
SingleFamilyResidence
90 DOM
3
0.78 acres
2
1990
1950
RM2
Marion
532432
Wright
Judson
Sprague
Residential
SingleFamilyResidence
ORDER # 79-047
Listing Provided Courtesy of Mark Shadrin, Berkshire Hathaway HomeServices Real Estate Profes
Mohan Realty Group data last checked: Jul 22, 2025 23:43 | Listing last modified Jul 10, 2025 11:18,
Source:
0
1990
0
1990
County
1990
1/Gas
3
2
0
2
Composition
2, Attached
Stories1
RVAccessParking
1
1950
No
T111Siding, WoodSiding
None
RVParking
None
Slab
DoublePaneWindows,Vi
Fireplace
BuiltinOven, Cooktop, Dishwasher, FreeStandingRange, FreeStandingRefrigerator
HighSpeedInternet, VinylFloor, WalltoWallCarpet
ToolShed, Yard
AccessibleEntrance, AccessibleFullBath, AccessibleHallway, GarageonMain, GroundLevel, MainFloorBedroomBat
Electricity
Baseboard, GasStove, Zoned
StandardSeptic
Electricity
Electricity, Gas
4122.02
0
Cash,Conventional
04-11-2025
No
No
90
102
Cash,Conventional
$550,000
$539,900
Jul 10, 2025 11:18
Listing courtesy of Berkshire Hathaway HomeServices Real Estate Profes.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon.
Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and
detailed information about these properties include the name of the listing's broker.
Listing content is copyright © 2019 RMLS of Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Mohan Realty Group data last checked: Jul 22, 2025 23:43 | Listing last modified Jul 10, 2025 11:18.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Real Estate Agent
(503) 336-1515Unlock the potential of this 0.78 acre property situated in one of South Salems most desirable neighborhoods. Surrounded by top rated schools, major medical offices, and located on bus line, this site offers excellent connectivity with easy access to I5 and downtown Salem. A strategic location for savvy investors and developers. The property is zoned for Multi Family residential, allowing for a variety of development options including duplexes, triplexes, 4 plexes, or a larger multi unit complex with a potential density of up to 31 units per acre. Utilities are accessible with power and city water to the property, sewer and stormwater nearby. The existing home is a comfortable 3 bedroom, 2 bathroom single level residence spanning approximately 1990 sqft. It's connected to city water and a private septic system, with an additional well onsite for irrigation ideal for maintaining the property. Mature fir, sequoia, pine, numerous fruit trees, raised garden beds, and lush landscaping you are buying your own private oasis. Add income producing units, subdivide, or hold for future appreciation, this is a rare find with endless potential in an unbeatable location.Please do not enter the property without an appointment. Home is occupied.