$325,000
$25K PRICE DROP

Estimated payment $2,024/month

Total Views 29,858
3 Beds
2 Baths
1,324 Sq Ft
$245 Price per Sq Ft

Highlights

  • Hot Property
  • Forced Air Heating System
  • Carpet
  • Fenced Yard
  • Wood Siding

About This Home

Unlock the potential of this downtown Salem property with rare and flexible zoning! Located on a 0.22-acre lot, this turn-of-the-century home offers 3 bedrooms, 2 bathrooms, and 1,324 square feet of vintage charm—plus incredible upside for investors, developers, or homeowners. Zoned RM-II, the property allows for single-family, multi-family, or high-rise apartment development. It’s also approved for use as a short-term rental (Airbnb), residential care home, or daycare facility. Inside, the main level features a living room, kitchen, dining area, full bath, and laundry room, while all three bedrooms and a second bathroom are upstairs. The covered front porch adds classic curb appeal, and the fully fenced backyard provides ample space for expansion or outdoor living. With its central location and generous zoning options, this is your chance to rehab, redevelop, or reimagine a truly versatile property. Buyer to do due diligence. Don't miss out on this unique opportunity!

Listing Agent

Nick Shivers

KELLER WILLIAMS PORTLAND CENTRAL License #200209063 Listed on: 06/06/2025

KELLER WILLIAMS PORTLAND CENTRAL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,684

Year Built

  • Built in 1900

Lot Details

  • 9,583 Sq Ft Lot
  • Fenced Yard

Home Design

  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 1,324 Sq Ft Home
  • 2-Story Property

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Englewood Elementary School
  • Parrish Middle School
  • North Salem High School

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Block 8

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,684

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Dual Living: Other (Refer To Remarks)
  • Range Facility: Range Included
  • Syndicated Remarks: Unlock the potential of this downtown Salem property with rare and flexible zoning! Located on a 0.22-acre lot, this turn-of-the-century home offers 3 bedrooms, 2 bathrooms, and 1,324 square feet of vintage charm—plus incredible upside for investors, developers, or homeowners. Zoned RM-II, the property allows for single-family, multi-family, or high-rise apartment development. It’s also approved for use as a short-term rental (Airbnb), residential care home, or daycare facility. Inside, the main level features a living room, kitchen, dining area, full bath, and laundry room, while all three bedrooms and a second bathroom are upstairs. The covered front porch adds classic curb appeal, and the fully fenced backyard provides ample space for expansion or outdoor living. With its central location and generous zoning options, this is your chance to rehab, redevelop, or reimagine a truly versatile property. Buyer to do due diligence. Don't miss out on this unique opportunity!
  • Year Built: 1900
  • Home Style2: 2 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Flooring: Carpet, Laminate
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 13x13, On Level: 2/Upper
  • Bedroom 2: Dimensions: 9x10, On Level: 2/Upper
  • Bedroom 3: Dimensions: 9x6, On Level: 2/Upper
  • Dining Room: 1/Main, Dimensions: 9x15, On Level: 1/Main
  • Living Room: Dimensions: 19x13, On Level: 1/Main
  • Kitchen: Dimensions: 11x15, On Level: 1/Main
  • Price Per Sq Ft: 245.47
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 245.47

Exterior Features

  • Fenced Yard: Yes
  • Foundation: Continuous
  • Roof: Composition
  • Siding: Wood
  • Siding Style: Lap

Garage/Parking

  • Garage Capacity: 0

Utilities

  • Heating/Cooling: Forced Air
  • Sewer City: Yes
  • Water: City
  • Water Heater: Electric

Schools

  • Elementary School: Englewood
  • Middle School: Parrish
  • High School: North Salem

Lot Info

  • Acres: 0.22
  • Price Per Acre: 1477272.73
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2024
  • Tax Account Number: 587835
  • Tax Amount: 2684

MLS Schools

  • HighSchool: North Salem
  • Middle School: Parrish
  • Elementary School: Englewood

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,684 $136,690 -- --
2023 $2,605 $132,710 $0 $0
2022 $2,456 $128,850 $0 $0
2021 $2,386 $125,100 $0 $0
2020 $2,316 $121,460 $0 $0
2019 $2,235 $117,930 $0 $0
2018 $2,275 $0 $0 $0
2017 $2,053 $0 $0 $0
2016 $1,954 $0 $0 $0
2015 $1,768 $0 $0 $0
2014 $1,657 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 Price Changed $325,000 -3.0% $245 / Sq Ft
07/11/2025 07/11/25 Price Changed $335,000 -4.3% $253 / Sq Ft
06/19/2025 06/19/25 For Sale $350,000 0.0% $264 / Sq Ft
06/12/2025 06/12/25 Pending -- -- --
06/06/2025 06/06/25 For Sale $350,000 +32.1% $264 / Sq Ft
01/18/2019 01/18/19 Sold $265,000 0.0% $200 / Sq Ft
01/18/2019 01/18/19 Sold $265,000 -1.8% $200 / Sq Ft
01/09/2019 01/09/19 Pending -- -- --
12/22/2018 12/22/18 Pending -- -- --
12/11/2018 12/11/18 For Sale $269,900 -3.6% $204 / Sq Ft
11/09/2018 11/09/18 For Sale $279,900 -- $211 / Sq Ft
Source: Willamette Valley MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $265,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $17,000 Credit Line Revolving
Open $268,000 New Conventional
Closed $225,250 New Conventional
Previous Owner $70,000 Credit Line Revolving
Source: Public Records

About the Listing Agent

Nick Shivers

KELLER WILLIAMS PORTLAND CENTRAL

(971) 414-3091

Section Image

Simply put, Nick and his team love people. Their passions are to SERVE unselfishly, GUIDE as if the client is a family member, and GIVE BACK generously. They understand that the purchase or sale of a home is the most significant investment many people make in their lifetime. They take that seriously, offering their very best from every team member to provide exceptional service. Although factual information and strategic negotiation are high priorities, so are helping set expectations and

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Source: Willamette Valley MLS

MLS Number: 829901

Willamette Valley MLS

APN: 587835