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.
Off market
$623,100
Wallace Road Nw & #3-2, Salem, OR 97304
--beds
0baths
--sqft
MultiFamily
Built in ----
-- sqft lot
$623,100 Zestimate®
$--/sqft
$2,015 Estimated rent
Owner options
What's special
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 & neighborhood
Location
- Region: Salem
Other
Other facts
- NumberOfLots: 2
- FarmLandAreaUnits: Square Feet
- Zoning: RM2
- LotFeatures: Sloped, 1 to 2.99 Acres
- DevelopmentStatus: Raw Land
- MlsStatus: Active
- TaxAnnualAmount: 3780.63
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$623,100
2% more+$12,462
With Zillow Showcase(estimated)$635,562