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Off market
  • $687,900

    Wallace Road Nw & #3-2, Salem, OR 97304

    --beds
    0baths
    --sqft
    MultiFamily
    Built in ----
    -- sqft lot
    $687,900 Zestimate®
    $--/sqft
    $2,141 Estimated rent

    Home value

    $687,900

    $571,000 - $853,000

    $2,141/mo

    Zestimate® history
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    Owner options

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    $2,141/mo

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    $2,141/mo

    Rent Zestimate®

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    $4,168/mo

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    $4,168/mo

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    What's special

    3.4 Acres Zoned RM2. Two tax lots #575143 consisting of 2.54 Acres and #575144 consisting of 0.86 Acres. RM2 Zone allows for multi family development up to 28 units / acre (subject to City of Salem approval). Seller has current plans for 42 units on tax lot #575143. Buyer to complete all due diligence on potential development.

    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.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0

    Property

    Lot
    • Size: 2.54 Acres
    • Features: Sloped, 1 to 2.99 Acres
    • Land development status: Raw Land
    Details
    • Parcel number: 575143
    • Zoning: RM2

    Construction

    Type & style
    • Home type: MultiFamily

    Community & HOA

    Location
    • Region: Salem

    Financial & listing details

    • Annual tax amount: $3,781

    Price history

    DateEventPrice
    11/2/2020Listing removed$499,900
    Source: SMI Commercial Real Estate LLC #19289916 Report a problem
    3/18/2020Listed for sale$499,900
    Source: SMI Commercial Real Estate LLC #19289916 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 97304

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Brush College
    • Middle: Straub
    • High: West Salem

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $687,900
    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
    $687,900