#24646053, Eric Peterson, Listing Office: Real Broker
Property details
About NW Wallace Rd
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.
Highlights
Home typeMulti Family
StatusActive
Lot size9.12 Acres
MLS #468567809
Summary
- MLS Number: 468567809
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: Norris & Stevens Investment Real Estate Services
- Office Email: DavidK@norris-stevens.com
- Listing Agent: David Keys
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.
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Last updated on: 2/4/2025, 8:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,250,000
NW Wallace Rd
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Price information
Property sales
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Tax history
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Nearby schools
7
Grant Community School
Public District PK-5
1.1 mi
•725 Market St NE
7
Myers Elementary School
Public District KG-5
1.4 mi
•2160 Jewel St NW
5
Bush Elementary School
Public District KG-5
1.4 mi
•410 14th 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 $32,571. Residents of Salem, OR typically earn less than $<35k each year. The majority of families are 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?
55%
<35k
42%
35k-100k
3%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
51%
Single, No Kids
23%
Single, with Kids
10%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
9%
12-17 yrs old
25%
18-34 yrs old
42%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Boston Market
Little Caesars
What do the neighbors drive?
Kia
Honda
Dodge
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About NW Wallace Rd
This home is located at NW Wallace Rd in Salem, OR and zip code 97304 in the West Salem neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 31, 2025 and is currently priced at $2,250,000.
Salem, OR housing market in January 2025 saw over 13 listings sold above listed price, more than 17 sold at listed price and over 25 sold below. In January 2025 in Salem, OR there were 8.2% less homes for sale than in December. Listings spent 54 days on the market in January 2025, and had a median list price of $437,572 during the same period.
From Rocket Homes Real Estate and based on county public records data.