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Off market
  • $829,500

    922 Rees Hill Rd SE, Salem, OR 97306

    3beds
    2,333sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $829,500 Zestimate®
    $356/sqft
    $3,347 Estimated rent

    Home value

    $829,500

    $755,000 - $912,000

    $3,347/mo

    Zestimate® history
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    $4,977/mo

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    What's special

    RARE 3-Acre 3BR Home in South Salem - Shops, Workspace & Greenhouses It's hard to describe how special and multi-functional this property is in one small rental listing but we're going to try our best! 3 acres. Multiple shops. Greenhouses. This is not a typical rental - and it's not meant for a typical renter. If you've been looking for a place where you can live and actually use the property - run a small business, store equipment, work on projects, homestead, or just have real space - this is it. The home itself is a 2,333 sq. ft. 3 bedroom with an office, but the real value is everything around it. So... let us get into all of the fun stuff. Multiple shops + outbuildings. One large shop close to the home that would be perfect for running a small business from, one smaller shop with power great for hobbies or woodworking, an XL 2 car detached garage with more storage to the side, and an equipment storage shed. 2 Greenhouses! 1 on the lower part of the property and one near the house attached to the garage connected to its own drip system. Say hello to your canning and gardening era! 3 usable acres. Room for equipment, hosting, projects, or just breathing space. Private well. No water bill. This setup is really hard to find, and almost never available as a rental. The house: A comfortable, functional and spacious space with a dedicated office if you work from home but don't want to work in your living room. Each room is full of storage space everywhere you look with plush carpeting in the bedrooms and hard floors where you want them. The primary bedroom is equipped with a large walk-in closet and en-suite bathroom. You're still close to town but just far enough out that it feels like you have privacy. This isn't a suburban, cookie-cutter rental and will take upkeep and work to landscape. It's not a good fit for someone looking for low-maintenance or hands-off living. Please reach out to us for a showing, we can't wait to show you how beautiful it is in person. Home is on a well so no water bill. Tenants are responsible for garbage and electricity utility bills. 12 month lease required.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Freezer, Microwave, Oven, Refrigerator, Stove, WD Hookup
    • Laundry: Hookups
    Features
    • WD Hookup, Walk In Closet
    • Flooring: Carpet, Hardwood, Tile
    Interior area
    • Total interior livable area: 2,333 sqft

    Property

    Parking
    • Parking features: Detached
    • Details: Contact manager
    Features
    • Exterior features: Acreage, Drip System, Electricity not included in rent, Equipment Storage, Garbage not included in rent, Heating system: Forced Air, Hobby Shop, Land, Multi-Use Property, Rural, Shop, Walk In Closet, Water included in rent, Well Water
    Details
    • Additional structures: Greenhouse
    • Parcel number: 593737

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Utilities & green energy

    • Utilities for property: Water

    Community & neighborhood

    Location
    • Region: Salem

    HOA & financial

    Other fees
    • Deposit fee: $4,000
    • Application fee: $60

    Other

    Other facts
    • Available date: 05/04/2026

    Price history

    DateEventPrice
    5/22/2026Listing removed$3,995$2/sqft
    Source: Zillow Rentals Report a problem
    5/4/2026Listed for rent$3,995$2/sqft
    Source: Zillow Rentals Report a problem
    5/1/2008Sold$400,000$171/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,786 +3%$355,670 +3%
    2024$4,645 +2.5%$345,320 +6.1%
    2023$4,532 +2.6%$325,510
    2022$4,419 +2.7%$325,510 +3%
    2021$4,304 +2.8%$316,030 +6.1%
    2020$4,187 +3.7%$297,900
    2019$4,036 +1.4%--
    2018$3,981 --
    2017$3,981 +40.7%--
    2016$2,829 --
    2015$2,829 +2.1%--
    2014$2,772 --

    Find assessor info on the county website

    Neighborhood: South Gateway

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $829,500
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    Estimated market value
    $829,500