Skip main navigation
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

    List your home for rent

    $2,015/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $2,015/mo

    Rent Zestimate®

    Refinance and save

    $3,545/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $3,545/mo

    Est. payment

    What's special

    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.

    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