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Investment Highlights

  • Great flat lots
  • Single Family Residential or possible Multi-family.
  • All services available.

Executive Summary

Unique property for development of 7 residential lots. 2.31 AC of development land on old RR grade. This property could be developed though Marion County as the property is in the county.
Located in Salem, OR, the area surrounding the property offers a thriving business environment and an array of amenities. Just moments away from the heart of downtown, this location provides easy access to popular attractions such as the Oregon State Capitol, Riverfront Park, and Willamette University. With a growing tech and manufacturing sector, Salem presents a compelling investment opportunity for office and office building investors seeking a dynamic market with great potential. The area's diverse dining scene, cultural events, and proximity to nature make it an enticing destination for businesses and professionals alike.

Attachments

EHHARR~1

Property Facts

Price $275,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Apartment Units
  • Master Planned Community
  • Planned Unit Development
Total Lot Size 2.31 AC
Zoning RS - Residential Single-Family

1 Lot Available

Lot

Price $275,000
Price Per AC $119,047.62
Lot Size 2.31 AC

Unique property for development of 7 residential lots. 2.31 AC of development land on old RR grade. This property could be developed though Marion County as the property is in the county.

Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
336717
Land Assessment
$45,200
Improvements Assessment
$0
Total Assessment
$45,200
  • Listing ID: 40321367

  • Date on Market: 4/28/2026

  • Last Updated:

  • Address: 300 Kenwood NE ave, Salem, OR 97301

Contact the Sale Advisor

300 Kenwood NE ave - 300 BLock Kenwood ave ne

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