Charming 1926 bungalow with strong income potential. This 4-bedroom, 2-bath home has been newly updated throughout, including new plumbing, fresh interior and exterior paint, new kitchen cabinets, and granite countertops in the main kitchen. The home offers two kitchens and a separate studio-style living area with its own bath and kitchen, creating excellent flexibility for extended living, guest space, or rental income. The attached apartment is well suited for separate living arrangements while still sharing utility service.Centrally located in an established neighborhood, the property is just minutes from downtown, Keizer, and I-5. A rare opportunity to own a classic home with modern updates and versatile income potential. A great opportunity for an investor or multi-family living.
For sale
Listed by: Slowik Real Estate Llc • CARALEE SLOWIK • Contact: 503-883-3086
Price cut: $16K (7/27)
$399,000
920 Academy St NE, Salem, OR 97301
4beds
2,480sqft
Single Family Residence
Built in 1926
4,791 Square Feet Lot
$393,100 Zestimate®
$161/sqft
$-- HOA
What's special
Newly updated throughoutNew kitchen cabinetsNew plumbingTwo kitchens
- 54 days |
- 574 |
- 63 |
Zillow last checked:
Listing updated:
Listed by:
CARALEE SLOWIK 503-883-3086,
Slowik Real Estate Llc
Source: WVMLS,MLS#: 842866
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Dining room
- Features: Formal
Heating
- Zoned
Appliances
- Included: Dishwasher, Disposal, Electric Range, Range Included, Electric Water Heater
Features
- Other(Refer to Remarks)
- Flooring: Carpet, Vinyl, Laminate
- Basement: Full
- Has fireplace: Yes
- Fireplace features: Electric
Interior area
- Total structure area: 2,480
- Total interior livable area: 2,480 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Fencing: Fenced
Lot
- Size: 4,791 Square Feet
Details
- Parcel number: 580717
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding, Lap Siding
- Foundation: Continuous
- Roof: Metal or Aluminum
Condition
- New construction: No
- Year built: 1926
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Salem
Financial & listing details
- Price per square foot: $161/sqft
- Tax assessed value: $369,520
- Annual tax amount: $3,705
- Price range: $399K - $399K
- Date on market: 6/30/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: VA Loan,Cash,FHA,Conventional
Estimated market value
$393,100
$373,000 - $413,000
$2,306/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/27/2026 | Price change | $399,000-3.9%$161/sqft |
Source:  WVMLS #842866 Report a problem | ||
| 6/27/2026 | Listed for sale | $415,000$167/sqft |
Source:  RMLS (OR) #256813391 Report a problem | ||
| 8/26/2025 | Listing removed | $415,000$167/sqft |
Source: WVMLS #828785 Report a problem | ||
| 6/20/2025 | Price change | $415,000-2.4%$167/sqft |
Source: WVMLS #828785 Report a problem | ||
| 5/9/2025 | Listed for sale | $425,000+51%$171/sqft |
Source: WVMLS #828785 Report a problem | ||
| 5/10/2023 | Sold | $281,370-14.6%$113/sqft |
Source: Public Record Report a problem | ||
| 10/30/2022 | Listing removed | -- |
Source: WVMLS #798506 Report a problem | ||
| 10/8/2022 | Price change | $329,500-5.7%$133/sqft |
Source: WVMLS #798506 Report a problem | ||
| 10/7/2022 | Listed for sale | $349,500+34850%$141/sqft |
Source: WVMLS #798506 Report a problem | ||
| 1/30/2021 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 1/29/2021 | Price change | $1,495-6.3%$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 1/26/2021 | Listed for rent | $1,595$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 12/31/2020 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 12/27/2020 | Price change | $1,595-3.3%$1/sqft |
Source: Gateway Property Management, LLC Report a problem | ||
| 12/24/2020 | Price change | $1,650-2.7%$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 12/3/2020 | Price change | $1,695-15%$1/sqft |
Source: Gateway Property Management, LLC Report a problem | ||
| 11/11/2020 | Listed for rent | $1,995$1/sqft |
Source: Gateway Property Management, LLC Report a problem | ||
| 7/15/2019 | Sold | $1,000-99.1% |
Source: Public Record Report a problem | ||
| 1/29/2004 | Sold | $116,000$47/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,705 +7.8% | $180,330 +3% |
| 2024 | $3,438 +3% | $175,080 +6.1% |
| 2023 | $3,336 +2.9% | $165,040 |
| 2022 | $3,243 +2.9% | $165,040 +3% |
| 2021 | $3,150 +3% | $160,240 +6.1% |
| 2020 | $3,059 +3.6% | $151,050 |
| 2019 | $2,951 +1.3% | -- |
| 2018 | $2,913 | -- |
| 2017 | $2,913 +16.3% | -- |
| 2016 | $2,505 | -- |
| 2015 | $2,505 +2.5% | -- |
| 2014 | $2,442 +7.8% | -- |
| 2013 | $2,265 | -- |
| 2012 | $2,265 -0.5% | -- |
| 2011 | $2,277 +4.2% | $121,610 +6.1% |
| 2010 | $2,185 +1.1% | $114,640 |
| 2009 | $2,160 +6% | $114,640 +3% |
| 2008 | $2,038 +3.3% | $111,310 |
| 2007 | $1,974 +1.7% | -- |
| 2006 | $1,942 +2% | -- |
| 2005 | $1,903 -0.4% | -- |
| 2004 | $1,912 +4.9% | -- |
| 2003 | $1,823 +2.5% | -- |
| 2002 | $1,779 +3.1% | -- |
| 2001 | $1,725 +3.2% | -- |
| 2000 | $1,672 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Highland
Nearby schools
GreatSchools rating
- 3/10Highland Elementary SchoolGrades: K-5Distance: 0.3 mi
- 3/10Parrish Middle SchoolGrades: 6-8Distance: 0.9 mi
- 4/10North Salem High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Highland
- Middle: Parrish
- High: North Salem
Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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