Address
Wallace Rd Salem, OR
Price
$ 470,000
Property Attributes
  • MLS#771723
  • TypeLand
  • CountyPOLK
  • CitySalem
  • Area60 NORTHWEST SALEM
  • Zip97304
  • StyleLand (1+ Acre)
  • Price$ 470,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3.4 Acres
Listing Provided Courtesy Of:
SMI COMMERCIAL REAL ESTATE, LLC
Property Description

3.4 Acre Multi-Family development opportunity in West Salem! Both parcels zoned RM2 with potential for 28 units/acre. Buyer due diligence with City of Salem on unit count. Close to bus lines, solid school districts. Just minutes from downtown Salem. Sale is subject to Seller's Board approval. Recent City of Salem Pre-App notes on file.

Price History
12/8/2020 Listed $470,000

General Features

Access Easement, Paved, Unpaved
Apprvd For Mfd Home No
Assessments Or Liens No
Class Bare Land
Listing Area 60 NORTHWEST SALEM
Price Per Sq Ft 138235.29
Status Active
Status ACTIVE
Terms Seller Willconsider Assume Present Financing, Cash, Conventional, Federal Land Bank, Federal VA, FHA, ODVA
Type Land (1+ Acre)
Water Possible
Zoning RM2

Interior Features

Cable TV No
High Speed Comm Access Unknown

Exterior Features

Flood Plan No
Lot Size Area 3.4
Septic Installed No
Water Rights No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 97304

Price
AVG $310K
$470K
Visits
AVG 32
21

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.