$140,000

Estimated payment $756/month

Total Views 577
0.16 Acres
$875,000 Price per Acre
6,818 Sq Ft Lot

About This Lot

Bare land development opportunity in a prime location near Willamette University. This level lot offers excellent potential for investors, builders, or anyone looking to create in a highly desirable area. Conveniently located close to downtown, shopping, dining, and major roadways. Don’t miss the chance to build in one of Salem’s most desirable areas.

Listing Agent

Pedro Giron

PREMIERE PROPERTY GROUP, LLC - SOUTH SALEM License #201209935 Listed on: 04/28/2026

PREMIERE PROPERTY GROUP, LLC - SOUTH SALEM

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $169

Lot Details

  • 6,818 Sq Ft Lot
  • Irregular Lot
  • Property is zoned RS-Single Family R

Property Views

  • Territorial Views

Utilities

  • Water Rights
  • High Speed Internet
  • Cable TV Available

Community Details

  • Depot Addition To Salem Subdivision

Listing and Financial Details

  • Legal Lot and Block 5-8 / 9

Property Details

Property Type

Land

Est. Annual Taxes

$169

Lot Details

6,818 Sq Ft Lot

Listing Details

  • Class: Bare Land
  • Type: Lot (Under 1 Acre)
  • Syndicated Remarks: Bare land development opportunity in a prime location near Willamette University. This level lot offers excellent potential for investors, builders, or anyone looking to create in a highly desirable area. Conveniently located close to downtown, shopping, dining, and major roadways. Don’t miss the chance to build in one of Salem’s most desirable areas.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Territorial

Utilities

  • Water: City
  • Water Rights: Yes
  • Cable TV: Available
  • Electricity: Available
  • High Speed Communications: Available
  • Natural Gas: Available
  • Sewer Available: Yes

Lot Info

  • Acres: 0.16
  • Estimated Lot Sq Ft: 6818
  • Lot: 5-8
  • Lot Type: Irregular
  • Zoning: RS-Single Family R
  • Approved for Manufactured Home: Unknown
  • Corners: Not Flagged

Tax Info

  • Tax Years: 2025
  • Tax Amount: 169

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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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
2025 $157 $8,220 $8,220 --
2024 $157 $7,990 $7,990 --
2023 $152 $7,760 $7,760 $0
2022 $144 $7,540 $0 $0
2021 $140 $7,330 $0 $0
2020 $140 $7,120 $0 $0
2019 $131 $6,920 $0 $0
2018 $134 $0 $0 $0
2017 $121 $0 $0 $0
2016 $115 $0 $0 $0
2015 $116 $0 $0 $0
2014 $112 $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2026 04/28/26 For Sale $140,000 +65.7% --
12/22/2025 12/22/25 Sold $84,500 -5.6% -- View Prior Sale
11/20/2025 11/20/25 Price Changed $89,500 +4.7% --
11/11/2025 11/11/25 Price Changed $85,500 -10.0% --
04/23/2025 04/23/25 For Sale $95,000 -- --
Source: Willamette Valley MLS

Source: Willamette Valley MLS

MLS Number: 840300

Willamette Valley MLS
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