895 ELMA AVE SE Salem, OR $ 300,000
895 ELMA AVE SE
$ 300,000
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895 ELMA AVE SE

Salem, OR, 97317
$ 300,000
Bedrooms4 Baths1.0 Sq 1,388

Monthly Estimate*

$ 1,894

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Single Family Home for sale in Salem, OR

for $300,000 with 4 bedrooms and 1 full bath. This 1,388 square foot home was built in 1949 on a lot size of 0.41.

Thoughtfully positioned on a spacious 0.41-acre corner lot, this Salem property offers exceptional flexibility and future potential. Whether you're looking to remodel the existing 4-bedroom, 1-bath home, develop the lot, or keep the home and pursue a potential lot split (buyer to perform due diligence), this property presents multiple opportunities. The home sits among beautiful mature trees, creating a peaceful and private setting while providing a solid foundation for your vision. The oversized detached garage makes an intriguing candidate for a potential ADU or additional living space (buyer to verify). The property is connected to city water and also includes a private well, offering added versatility. Favorable RS zoning opens the door to a variety of development possibilities, making this an attractive opportunity for homeowners, investors, and builders alike. Whether you choose to renovate, expand, explore development options, or simply enjoy the generous lot and established setting, this property offers the rare combination of land, location, and long-term potential.

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Single Family Active

Price

$ 300,000

Bedrooms

4

Full Bath

1

Property Type

Single Family

Taxes

$ 2,567

Style

Stories2

Lot Size

0.41

Year Built

1949

Town/City

Salem

County/Region

Marion

MLS | Web ID

308530314

Features
Interior
Interior Amenities HardwoodFloors Laundry TileFloor WalltoWallCarpet WasherDryer
Total Fireplaces 0
Hot Water Electricity
Total Bathrooms 1.0
Total Bedrooms 4
Total Baths 1
1/2 Baths 0
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General
Sewer PublicSewer
Heating Baseboard WallHeater
Roof Shake Shingle
Appliances FreeStandingRange FreeStandingRefrigerator Tile
Garage Spaces 1.0
Architectural Style Stories2
Year Built 1949
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number 549012
County Marion
Property Type Residential
HOA N
Full Baths 1
Status Active
Directions From Lancaster Dr SE E on State St S on Elma Ave SE home on left.
High School South Salem
City Salem
Disclosures Disclosure
MLS Area _174
Lot Size Square Feet 17859.0
Listing Terms Cash Conventional FHA Rehab VALoan
Elementary School Four Corners
Tax Annual Amount 2567.46
Middle/Junior High School Houck
Property Condition Resale
Virtual Tour https://mls.ricoh360.com/b24b6884-bfd3-4086-b281-41f99934bbdb
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description HAGERS AMENDED ADDITION BLOCK 1 LOT 5 ACRES 0.41
ADU False
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Exterior
Parking Features Carport Driveway
Lot Features Trees
Water Source PublicWater Well
Total Parking 1.0
Garage Type Detached
Exterior Description Other
Building Area Total 1388.0
Lot Size Acres 0.41
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Internal Only
Street Number 1 895
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* Excluded Features
List By
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Broker

503-799-9170

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Affordability Calculator

$2,108
Per Month
90%
10%
0%
Monthly Principal & Interest
$1,894
Monthly Property Taxes
$214
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
5520624 Elementary School
2637854 Middle School
South Salem High School High School
Pricing History
DatePricePrice ChangeDescription
7/17/2026$300,000 Listed Price

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895 ELMA AVE SE, Salem, OR, 97317 is a Single Family Home for sale at $300,000 with 1,388 sqft and a lot size of 0.41. 895 ELMA AVE SE has 4 bedrooms, 1.0 baths, and was built in 1949. The property's zip code is 97317 which is in Salem, OR