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NW Wallace RD Salem, OR $ 2,075,000
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$ 2,075,000 Get more info
NW Wallace RD
$ 2,075,000
Back to search
Share Save

NW Wallace RD

Salem, OR, 97304
$ 2,075,000
Baths0.0

Monthly Estimate*

$ 12,945

NW Wallace RD, Salem, OR 97304 - Image 1
Studio

Lots and Land for sale in Salem, OR

for $2,075,000. The lot size is 9.12.

This offering presents a prime 1.82 and 7.30-acre parcel of Residential Medium Density (RM2) zoned land located in the rapidly growing West Salem neighborhood, directly adjacent to the highly anticipated Marine Drive corridor. With proximity to major transportation routes, expanding infrastructure, and a thriving local community, this site offers significant potential for multifamily development in one of the most promising areas of Salem,Oregon.

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Lots and Land Pending

Price

$ 2,075,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 1,521

Style

MultiFamily

Lot Size

9.12

Town/City

Salem

County/Region

Polk

MLS | Web ID

468567809
Features
General
Utilities ElectricityAvailable NaturalGasAvailable PublicSewer WaterAvailable
Zoning RM2
Property Subtype MultiFamily
Tax Year 2024
Parcel Number 565287
County Polk
Property Type Land
HOA N
Status Pending
Directions Creek Ct NW
High School West Salem
City Salem
MLS Area _168
Lot Size Square Feet 397267.0
Listing Terms CallListingAgent
Elementary School Harritt
Tax Annual Amount 1521.74
Middle/Junior High School Straub
Standard Status Pending
Accessory Dwelling Unit Y/N N
Legal Description LOT PARCEL 3
ADU False
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Exterior
Lot Size Acres 9.12
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* Excluded Features
List By
Norris & Stevens Investment Real Estate Services

Broker

DavidK@norris-stevens.com

Contact

Affordability Calculator

$13,072
Per Month
99%
1%
0%
Monthly Principal & Interest
$12,945
Monthly Property Taxes
$127
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1950398 Elementary School
1950997 Middle School
West Salem High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/1/2025$2,075,000 -7.78% Price Down
1/31/2025$2,250,000 Listed Price

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NW Wallace RD, Salem, OR, 97304 is a Lots and Land for sale at $2,075,000 with a lot size of 9.12. NW Wallace RD is a studio with 0.0 baths. The property's zip code is 97304 which is in Salem, OR

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