Investor opportunity! RM2-zoned property on an oversized lot with excellent redevelopment potential. Explore possibilities for an ADU, duplex, cottage cluster, or other multifamily development (buyer to verify). Conveniently located near I-5, shopping, restaurants, and everyday amenities. A rare opportunity to maximize the value of this centrally located property.
Sold for $175,000
Listed by: Homesmart Realty Group • LAUREN GESIK • Contact: Agent: 503-559-6376
Bought with: Non-Member Sale
$175,000
796 25th St SE, Salem, OR 97301
2beds
816sqft
Single Family Residence
Built in 1912
9,583 Square Feet Lot
$173,300 Zestimate®
$214/sqft
$1,531 Estimated rent
Home value
$173,300
$165,000 - $182,000
$1,531/mo
Zestimate® history
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$1,118/mo
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Oversized lot
Zillow last checked:
Listing updated:
Listed by:
LAUREN GESIK Agent:503-559-6376,
Homesmart Realty Group
Bought with:
NOM NON-MEMBER SALE
Non-Member Sale
Source: WVMLS,MLS#: 843105
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Oil
Appliances
- Included: Electric Range, Electric Water Heater
Features
- Flooring: Carpet, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 816
- Total interior livable area: 816 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered Deck
Lot
- Size: 9,583 Square Feet
Details
- Additional structures: RV/Boat Storage
- Parcel number: 590320
- Zoning: RM2
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Cedar
- Foundation: Continuous
- Roof: Composition
Condition
- New construction: No
- Year built: 1912
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Connected
Community & HOA
Community
- Subdivision: SIMPSONS ADDITION TO SALE
Location
- Region: Salem
Financial & listing details
- Price per square foot: $214/sqft
- Tax assessed value: $210,730
- Annual tax amount: $1,740
- Price range: $175K - $175K
- Date on market: 7/8/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Rehab Loan
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2026 | Sold | $175,000-2.8%$214/sqft |
Source:  WVMLS #843105 Report a problem | ||
| 7/31/2026 | Listed for sale | $180,000$221/sqft |
Source: WVMLS #843105 Report a problem | ||
| 7/24/2026 | Contingent | $180,000$221/sqft |
Source: WVMLS #843105 Report a problem | ||
| 7/8/2026 | Listed for sale | $180,000$221/sqft |
Source: WVMLS #843105 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,740 +7.8% | $84,700 +3% |
| 2024 | $1,615 +3% | $82,240 +6.1% |
| 2023 | $1,567 +2.9% | $77,530 |
| 2022 | $1,523 +2.9% | $77,530 +3% |
| 2021 | $1,480 +3% | $75,280 +6.1% |
| 2020 | $1,437 +3.6% | $70,970 |
| 2019 | $1,387 +1.3% | -- |
| 2018 | $1,369 | -- |
| 2017 | $1,369 +16.3% | -- |
| 2016 | $1,177 | -- |
| 2015 | $1,177 +2.5% | -- |
| 2014 | $1,148 +4.6% | -- |
| 2013 | $1,097 | -- |
| 2012 | $1,097 +4.5% | -- |
| 2011 | $1,050 +4.2% | $56,060 +6.1% |
| 2010 | $1,007 +1.1% | $52,850 |
| 2009 | $996 +6% | $52,850 +3% |
| 2008 | $940 +3.3% | $51,320 |
| 2007 | $910 +1.7% | -- |
| 2006 | $895 +2% | -- |
| 2005 | $878 -0.5% | -- |
| 2004 | $882 +4.8% | -- |
| 2003 | $841 +2.5% | -- |
| 2002 | $821 +3.1% | -- |
| 2001 | $796 +3.2% | -- |
| 2000 | $771 | -- |
Find assessor info on the county website
Neighborhood: Southeast Salem
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Nearby schools
GreatSchools rating
- 5/10Richmond Elementary SchoolGrades: K-5Distance: 0.2 mi
- 5/10Leslie Middle SchoolGrades: 6-8Distance: 2 mi
- 5/10South Salem High SchoolGrades: 9-12Distance: 1.4 mi
Get a cash offer in 3 minutes
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Estimated market value
$173,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$173,300
- Oregon
- Marion County
- Salem
- 97301
- Southeast Salem
- 796 25th St SE
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