$7,125 Closing Credit¹
#700728017, Onna McColly, Pam McColly, Listing Office: Windermere Pacific West Prop.
$550,000 List price
5198 Skyline Rd S Salem, OR 97306
$6,531
Closing credit¹
3 beds
2 full
1,990 sqft
0.8 acres
$276 / sqft
House
Property details
About 5198 Skyline Rd S
Unlock the potential of this 0.78 acre property situated in one of South Salems most desirable neighborhoods. Surrounded by top rated schools, major medical offices, and located on bus line, this site offers excellent connectivity with easy access to I5 and downtown Salem. A strategic location for savvy investors and developers. The property is zoned for Multi Family residential, allowing for a variety of development options including duplexes, triplexes, 4 plexes, or a larger multi unit complex with a potential density of up to 31 units per acre. Utilities are accessible with power and city water to the property, sewer and stormwater nearby. The existing home is a comfortable 3 bedroom, 2 bathroom single level residence spanning approximately 1990 sqft. It's connected to city water and a private septic system, with an additional well onsite for irrigation ideal for maintaining the property. Mature fir, sequoia, pine, numerous fruit trees, raised garden beds, and lush landscaping you are buying your own private oasis. Add income producing units, subdivide, or hold for future appreciation, this is a rare find with endless potential in an unbeatable location.Please do not enter the property without an appointment. Home is occupied.
Highlights
Home typeSingle Family Residence
HeatingBaseboard, Zoned
StatusActive
Size1,990 sqft
Lot size0.78 Acres
Year built1950
ParkingR.V. Parking
MLS #547041788
Attached garage2 spaces
FireplaceGas Fireplace
ViewTerritorial
Virtual tour
Summary
- MLS Number: 547041788
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: Berkshire Hathaway HomeServices Real Estate Professionals
- Office Phone: (503) 371-3013
- Listing Agent: Mark Shadrin
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 another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/19/2025, 6:15:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$550,000
5198 Skyline Rd S
$6,531
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $203,830 | $4,000 |
| 2022 | $197,900 | $3,888 |
| 2021 | $192,140 | $3,888 |
| 2020 | $186,550 | $3,667 |
| 2019 | $181,120 | $3,432 |
| 2017 | $170,730 | $3,152 |
History based on county public records data.
Nearby schools
6
Schirle Elementary School
Public District KG-5
0.4 mi
•4875 Justice Way S
5
Liberty Elementary School
Public District KG-5
0.7 mi
•4871 Liberty Rd S
7
Sumpter Elementary School
Public District KG-5
1.2 mi
•525 Rockwood St SE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $57,192. Most Salem, OR residents have annual incomes between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
21%
<35k
62%
35k-100k
15%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
35%
Single, No Kids
11%
Single, with Kids
30%
Married, No Kids
24%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
9%
12-17 yrs old
22%
18-34 yrs old
43%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Men's Tennis- Tennis
Live Theatre
Where do the neighbors shop?
Nordstrom Rack
Crate & Barrel
Bloomingdales
Where do the neighbors go to eat?
The Cheesecake Factory
Starbucks
Boston Market
What do the neighbors drive?
Volvo
BMW
Mercedes
What do the neighbors listen to?
News
Jazz
Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5198 Skyline Rd S
This home is located at 5198 Skyline Rd S in Salem, OR and zip code 97306 in the Sunnyslope neighborhood. This 1,990 square foot home, which was built in 1950, sits on a 0.78 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 11, 2025 and is currently priced at $550,000.
In March 2025, from all listings sold in Salem, OR there were more than 30 sold above asking price, over 20 sold below and more than 27 were sold right at the asked price. The inventory of homes for sale in Salem, OR between February and March 2025 increased by 5.1%. The median list price of listings available in March 2025 was $438,166, while the average time on the real estate market was 44 days.
From Rocket Homes Real Estate and based on county public records data.