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954 TERRACE DR NW Salem, OR $ 459,900
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$ 459,900 Get more info
954 TERRACE DR NW
$ 459,900
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Open House 11/7 10am - 12pm
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954 TERRACE DR NW

Salem, OR, 97304
$ 459,900
Bedrooms4 Baths2.0 Sq 2,338

Monthly Estimate*

$ 3,176

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Single Family Home for sale in Salem, OR

for $459,900 with 4 bedrooms and 2 full baths. This 2,338 square foot home was built in 1956 on a lot size of 0.16.

Perched above the city in an established West Salem neighborhood, this beautifully updated daylight-basement home captures sweeping 180-degree views and offers exceptional versatility. Thoughtfully designed for multigenerational living, an extended household, or separate lower-level accommodations, the residence features a remodeled interior with an updated kitchen and bathrooms, two spacious living areas, and a cozy downstairs fireplace. Major improvements include a new roof and newer HVAC system. Outdoors, the fully fenced terraced yard showcases refreshed landscaping, an irrigation system, a concrete patio, and an 8-by-10-foot storage shed. A generous 20-by-30-foot RV pad is equipped with water, a sewer cleanout, and dual 30/50-amp service, while the garage includes 220-volt power. Please review the amenities list attached to the MLS for additional details.

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Open House

11/7/2026 10:00 AM - 12:00 PM
954 TERRACE DR NW Salem, OR
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
Single Family Active

Price

$ 459,900

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 4,588

Style

Stories2

Lot Size

0.16

Year Built

1956

Town/City

Salem

County/Region

Polk

MLS | Web ID

507898681
Features
Interior
Interior Amenities CeilingFan GarageDoorOpener HardwoodFloors HighSpeedInternet Laundry Sprinkler TileFloor WalltoWallCarpet WoodFloors
Basement Daylight Finished
Total Fireplaces 2
Fireplace Features Gas
Hot Water Electricity
Window Features DoublePaneWindows VinylFrames
Total Bathrooms 2.0
Total Bedrooms 4
Total Baths 2
1/2 Baths 0
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General
Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof Composition
Appliances ButlersPantry Dishwasher Disposal FreeStandingRange FreeStandingRefrigerator StainlessSteelAppliance Tile
Zoning RS
Garage Spaces 2.0
Architectural Style Stories2
Year Built 1956
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number 252328
Accessibility WalkinShower
County Polk
Property Type Residential
HOA N
Full Baths 2
Status Active
Directions Glenn Creek left on Cascade right on Terrace
High School West Salem
City Salem
Disclosures Disclosure
MLS Area _168
Lot Size Square Feet 6969.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Myers
Tax Annual Amount 4588.58
Middle/Junior High School Walker
Property Condition Resale
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description ONE STORY WITH BASEMENT
ADU False
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Exterior
Exterior Amenities CoveredDeck CoveredPatio Deck Fenced Patio Porch RVHookup RVParking Sprinkler ToolShed WaterFeature XeriscapeLandscaping Yard
Parking Features Driveway RVAccessParking
Lot Features GentleSloping
Water Source PublicWater
Total Parking 2.0
Garage Type Attached
Exterior Description Brick Cedar LapSiding WoodSiding
Foundation Details Slab
Building Area Total 2338.0
Lot Size Acres 0.16
Road Surface Type Paved
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Internal Only
Street Number 1 954
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* Excluded Features
List By
Vantage Point Brokers, Llc

Broker

kevin@vantagepointbrokers.com

Email

Affordability Calculator

$3,559
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,176
Monthly Property Taxes
$382
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
1951247 Elementary School
1949770 Middle School
West Salem High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/4/2026$459,900 Listed Price

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954 TERRACE DR NW, Salem, OR, 97304 is a Single Family Home for sale at $459,900 with 2,338 sqft and a lot size of 0.16. 954 TERRACE DR NW has 4 bedrooms, 2.0 baths, and was built in 1956. The property's zip code is 97304 which is in Salem, OR

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