Listing courtesy of Berkshire Hathaway HomeServices Real Estate Professionals.
Unlock 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.
Unlock 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.
Residential
SingleFamilyResidence
1950
1
--
0.78
Active
22
1,990 Sq. Ft.
33,976 Sq. Ft.
Location
- Yes
- Gas
- HighSpeedInternet, VinylFloor, WalltoWallCarpet
- Baseboard, GasStove, Zoned
- BuiltinOven, Cooktop, Dishwasher, FreeStandingRange, FreeStandingRefrigerator
Mark Shadrin
Berkshire Hathaway HomeServices Real Estate Professionals
Marion
547041788
CloseOfEscrow
This content last updated on 05/03/2025 08:48 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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All information provided is deemed reliable but is not guaranteed and should be independently verified.
This content last updated on 05/03/2025 08:48 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Listing content is © 2025 RMLS, Portland, Oregon.
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