NW Wallace Rd, Salem, OR 97304

Salem
Local realty services provided by:ERA Freeman & Associates, Realtors
NW Wallace Rd,Salem, OR 97304
$1,975,000
  • 9.12 Acres
  • Lots / Land
  • Active
Listed by: david keys
Office: norris & stevens investment real estate services503-223-3171
MLS#:468567809
Source:PORTLAND

Price summary

  • Price:$1,975,000

About this home

This offering presents a prime 1.82 and 7.30-acre parcel of Residential Medium Density (RM2) zoned land located in the rapidly growing West Salem neighborhood, directly adjacent to the highly anticipated Marine Drive corridor. With proximity to major transportation routes, expanding infrastructure, and a thriving local community, this site offers significant potential for multifamily development in one of the most promising areas of Salem,Oregon.

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Home facts

  • Listing ID #:468567809
  • Added:558 day(s) ago
  • Updated:August 12, 2026 at 11:57 AM

Structure and exterior

  • Lot area:9.12 Acres

Schools

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

Utilities

  • Water:Water Available

Finances and disclosures

  • Price:$1,975,000
  • Tax amount:$1,522 (2024)
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than ERA Freeman & Associates, Realtors are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: August 12, 2026

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