1355 Wallace Rd NW, Salem, OR 97304

Salem
Local realty services provided by:Knipe Realty ERA Powered
Listed by: brian and nina whiteDirec: 503-851-1645
Office: paramount real estate services503-385-1518
MLS#:839309
Source:OR_WVMLS
1355 Wallace Rd NW,Salem, OR 97304
$409,000
Virtual Tour
  • 3 Beds
  • 2 Baths
  • 1,661 sq. ft.
  • Single family
  • Pending

Price summary

  • Price:$409,000
  • Price per sq. ft.:$246.24

About this home

Accepted Offer with Contingencies. DUAL LIVING OPPORTUNITY with separate ADU. This single level home has so much to offer with a huge .45 acre lot with room for additional units. Finished ADU with kitchenette, bathroom & bedroom area offer additional income potential. Property has incredible views to the East mountain ranges & downtown Salem. Looking for an Investment? Buyer to do due diligence on redevelopment opportunities, but could work well for someone wanting affordable living convenient to Salem with room to grow & main level living. There's plenty of room for redevelopment or adding on to existing structures. Buyer to do due diligence with the City of Salem. *Virtual Staging in videoOPEN HOUSE CANCELED

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1956
  • Listing ID #:839309
  • Added:34 day(s) ago
  • Updated:May 14, 2026 at 07:41 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:1
  • Half bathrooms:1
  • Flooring:Carpet, Laminate
  • Dining Description:Combination Dining Area, On Level 1
  • Kitchen Description:Dishwasher, Disposal, On Level 1, Range: Electric
  • Bedroom Description:Master Bedroom on Level 1
  • Living area:1,661 sq. ft.

Heating and cooling

  • Cooling:Central Ac
  • Heating:Electric, Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1956
  • Building area:1,661 sq. ft.
  • Lot area:0.45 Acres
  • Lot Features:Irregular
  • Architectural Style:1 Story
  • Exterior Features:Partial Fenced Yard, Patio
  • Foundation Description:Slab

Schools

  • High school:West Salem
  • Middle school:Walker
  • Elementary school:Harritt

Utilities

  • Water:City, Connected
  • Sewer:City Sewer

Finances and disclosures

  • Price:$409,000
  • Price per sq. ft.:$246.24
  • Tax amount:$4,568 (2025)

Features and amenities

  • Amenities:Area/Room For RV, Electric Water Heater

Parking

  • Parking description:Attached Garage
  • Garage spaces:2
MLS LogoBased on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.

New listings near 1355 Wallace Rd NW