274 Senate ST NW new Save Request In-Person Tour Request Virtual Tour
Salem,OR 97304
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 610 sqft
Price per Sqft $326
MLS Listing ID 748404839
Style Stories1, Cottage
Bedrooms 2
Full Baths 1
Year Built 1910
Annual Tax Amount $1,435
Tax Year 2025
Lot Size 5,662 Sqft
Property Sub-Type Single Family Residence
Property Description
Investor alert! Endless Potential in Prime Location. This 2 bedroom, 1 bath cottage sits on a generous 5,550 square foot corner lot and offers multiple paths for upside. While the 610 square foot home needs work, it is priced accordingly and positioned to one end of the lot, making it an ideal opportunity for redevelopment or expansion. Options include renovating the existing home and enjoying a large private yard, adding one or two additional units, or starting fresh with new construction. Located in a highly walkable area near shopping, parks, and transit, this property offers strong rental demand and long term appreciation potential. Do not miss this value add opportunity in a location that supports both creativity and returns.
Location
State OR
County Polk
Area _169
Zoning RS
Rooms
Basement Crawl Space
Interior
Interior Features Tile Floor, Vinyl Floor, Wood Floors
Heating Wall Heater
Exterior
Exterior Feature Fenced, Patio, Tool Shed
View Territorial
Roof Type Composition
Accessibility GroundLevel,MainFloorBedroomBath,OneLevel,UtilityRoomOnMain
Garage No
Building
Lot Description Corner Lot, Level
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Kalapuya
Middle Schools Walker
High Schools West Salem
Others
Senior Community No
Acceptable Financing Cash
Listing Terms Cash