Prime redevelopment opportunity in West Salem with owner carry option! Potential for a variety of uses, including multi-family housing, apartments, office space, retail shops, cafes & restaurants. 3 contiguous parcels totaling around .60 acres. Located within the W. Salem Central Business is already zoned for commercial & mixed-use developments. Existing structures (residential homes, a pole building) could either be leveraged in the redevel plans or potentially cleared for a fresh start. See also 812853
Newly completely remodeled duplex on double lot! Frontunit has 4 bedrooms (downstairs can be office) and twofull baths plus laundry room with W/D hook ups. Back unithas 2 bedrooms and 2 full bathrooms plus laundry roomwith W/D hook ups. Ductless Heat/AC units in each room,Cadet heaters in each bathroom. Newer from the top down!Covered and secure breezeway between units. Great investment with 5.3% cap.
Newly completely remodeled duplex on double lot! Front unit has 4 bedrooms (downstairs can be office) and two full baths plus laundry room with W/D hook ups. Back unit has 2 bedrooms and 2 full bathrooms plus laundry room with W/D hook ups. Ductless Heat/AC units in each room, Cadet heaters in each bathroom. Newer from the top down! Covered and secure breezeway between units.Great investment with 5.3% cap.
Multi-Single Family Home - New roof/completely remodeled. Amazing opportunity to own Duplex in desirable West Salem. On a street with newer and renovated duplexes. This Multi-family home has a spacious layout with 6 bedrooms and 2 bathrooms, (Each side of the duplex has 3 beds and a bathroom) with approximately 2,290 sq ft, of space total for both units. Offering potential opportunity for both comfortable living space and a smart investment when renting out the other side. Don't miss out this opportunity.
Multi-Single Family Home - New roof/completely remodeled. Amazing opportunity to own Duplex in desirable West Salem. On a street with newer and renovated duplexes. This Multi-family home has a spacious layout with 6 bedrooms and 2 bathrooms, (Each side of the duplex has 3 beds and a bathroom) with approximately 2,290 sq ft, of space total for both units. Offering potential opportunity for both comfortable living space and a smart investment when renting out the other side. Don't miss out this opportunity.
Oppurtunity to purchase and take over the development/completion of a 216-unit apartment complex project.Located in the expanding community of West Salem. Plans and permits for 3-story multiplex complete with fitness center, resident pool & clubhouse, walking trail/green space and on-site management office. Property will be delivered in current state with approx 65% horizontal completed. Development is located off Wallace Rd, adjacent to phase 1 (completed) and neighboring retail development which includes a small shopping center, food truck pod and pavilion. Developer is willing to complete project for negotiated developer fees after purchase. Inquire with co broker.
Opportunity to purchase & take over the development/completion of 201-unit apartment complex project. Located in expanding community of West Salem. Plans & permits for 3-story multiplex complete w/fitness center, pool & clubhouse, walking trail/green space & on-site management office. Adjacent to neighboring small shopping center, food pods & pavilion. Property will be delivered in current state with approx 65% horizontal completed. West Salem is a reliably expanding community, with 190,963 residents within a five-mile radius and a projected population of 202,097 by 2026.
The median home value in Salem, OR is $399,000. This is lower than the county median home value of $428,100. The national median home value is $338,100. The average price of homes sold in Salem, OR is $399,000. Approximately 51.91% of Salem homes are owned, compared to 42.65% rented, while 5.44% are vacant. Salem real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Salem real estate agent to arrange a tour today!
Salem, Oregon 97304 has a population of 174,193. Salem 97304 is less family-centric than the surrounding county with 31.65% of the households containing married families with children. The county average for households married with children is 31.98%.
The median household income in Salem, Oregon 97304 is $62,185. The median household income for the surrounding county is $70,238 compared to the national median of $69,021. The median age of people living in Salem 97304 is 35.7 years.
The average high temperature in July is 81.1 degrees, with an average low temperature in January of 34.8 degrees. The average rainfall is approximately 44.9 inches per year, with 3.9 inches of snow per year.