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Salem, OR, 97317 • 97317 • Marion County
$259/sqft
Down payment assistance available
4Beds
3Baths
2,995Sqft
4 acLot
1974Built
1d on Market
Listed Mar 31, 2026
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$259/sqft
Price per square foot
Home Type Unknown · Built 1974
$775,000 – OBO | 4 Acres Close to Salem | Development Potential | Fixer ?? Salem, OR Rare opportunity to own nearly 4 acres of private, close-in country property just minutes from town. Located at the end of a quiet street surrounded by rural homes, this property offers a unique combination of privacy, usable land, and future potential. Enjoy peaceful surroundings with wildlife and a seasonal creek, all while being just 10–15 minutes from freeway access, shopping, and services. ________________________________________ ?? Property Overview • Price: $775,000 - OBO • Bedrooms: 3 • Bathrooms: 2.5 • Square Footage: Approx. 2,995 sq ft • Year Built: 1974 • Lot Size: Approx. 4 acres (0.99 + 3.01 acres) • Property Type: Single Family Residence • Style: 3-story with daylight basement ________________________________________ ?? Interior Features • Finished daylight basement with flexible living space • Unfinished attic with potential for office, playroom, or expansion • Layout offers potential for additional bedrooms • Separate entrance with wheelchair-accessible covered deck • Addition (early 1990s) suitable for multi-generational living or possible in-law setup ________________________________________ ?? Exterior & Land Features • Two tax lots: 0.99 acre homesite + 3.01 acre parcel • Seasonal creek running through property • Private setting at end of street • Surrounded by rural/residential properties ________________________________________ ?? Utilities • Well water (functioning) • Septic system (functioning) ________________________________________ ??? Development Potential Possible lot division into two-acre parcels (buyer to verify all development and permitting requirements with Marion County). ________________________________________ ?? Condition • Property needs full renovation • Sold AS-IS ________________________________________ ?? Buyer Opportunity Ideal for: • Buyers looking to create a custom country home • Multi-generational living potential • Investors seeking a value-add project • Builders/developers exploring land division ________________________________________ ?? Showing Information By appointment only. 503-931-3203
Based on current rates
Est. 6.46% rate · 30yr fixed · $620,000 loan
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Salem, OR, 97317
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Salem, OR • Marion County
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