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📋 General — Score 40

Future development opportunity- home on large lot

$249,900 · 1 bed · ? bath

📍 800 Oakhill AVE SE, Salem, OR 97302, Salem, OR ↗
🗺 Clackamas County, OR

🔗 View original listing on Craigslist ↗

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Located just a few properties off Commercial St. SE, this property offers a variety of possibilities. Whether you're looking for your first home, a rental investment, or a property with future development potential, this one is worth a look.
The existing home is positioned toward the northwest corner of the lot, leaving a large open area that may provide opportunities for future improvements. Zoned RS and adjacent to MU-III zoning, buyers are encouraged to verify potential uses with the City of Salem.
Property features include:
Large 6,695 sq. ft. lot
New carpet (2025)
Refrigerator, washer, and dryer included
Fenced front yard
Ample off-street parking
Low annual property taxes (approximately $1,685)
Investors may appreciate the projected rental income of approximately $1,300 per month while evaluating future plans.
Located within the Morningside Elementary, Leslie Middle, and South Salem High school boundaries, with convenient access to shopping, services, and major transportation routes.
This property offers an affordable opportunity with flexibility for a variety of buyers.
Showings are by appointment only. Contact for pricing, additional information, or to schedule a viewing.
RMLS# 428458276 | WVMLS# 838190
Listing Courtesy of:
GoodHome Group
goodhomebroker.com
Mark Shadrin
Berkshire Hathaway HomeServices Real Estate Professionals