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$398,529

Listing Price

3beds

1.5baths

1,661sqft

19,784sqft lot

1355 Wallace Rd Nw, Salem, OR 97304

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Single Family

Home type

239.93

Price / sqft

1956

Year built

Home Details

DUAL LIVING OPPORTUNITY with separate ADU. This single level home has so much to offer with a huge .45 acre lot with room for additional units. Finished ADU with kitchenette, bathroom & bedroom area offer additional income potential. Property has incredible views to the East mountain ranges & downtown Salem. Looking for an Investment? Buyer to do due diligence on redevelopment opportunities, but could work well for someone wanting affordable living convenient to Salem with room to grow & main level living.

Interior Details

Square Feet
  • 1661

Bedrooms
  • 3

Bathrooms
  • 1.5

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Heat Pump

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 19784

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • Combination

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$3,617

$51,580

$142,100

--%

$193,680

2018

$3,557

$50,080

$137,960

--%

$188,040

2017

$3,206

$48,620

$133,950

--%

$182,570

2016

$3,129

$47,210

$130,050

--%

$177,260

2015

$3,140

$45,840

$126,260

--%

$172,100

2013

$2,773

$42,380

$111,320

--%

$153,700

2012

$2,986

$39,470

$123,730

--%

$163,200

percent-home-icon

Average Home Price in 97304

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$433,504

2 Beds

2 Baths

1,717 Sqft

4,344 Lot (sqft)

Sold 09/01/2026

$649,106

5 Beds

3 Baths

1,794 Sqft

82,328 Lot (sqft)

Sold 06/23/2026

$415,000

3 Beds

2 Baths

1,529 Sqft

8,460 Lot (sqft)

Sold 10/12/2026

$399,000

3 Beds

2 Baths

1,453 Sqft

4,785 Lot (sqft)

Sold 10/18/2026

$405,808

3 Beds

1.5 Baths

1,730 Sqft

6,365 Lot (sqft)

Sold 10/13/2026

$426,660

3 Beds

2 Baths

1,626 Sqft

7,513 Lot (sqft)

Sold 10/18/2026

$459,500

4 Beds

2.5 Baths

1,846 Sqft

7,721 Lot (sqft)

Sold 10/18/2026

$411,835

3 Beds

2.5 Baths

1,640 Sqft

7,721 Lot (sqft)

Sold 10/13/2026

$559,900

4 Beds

3 Baths

1,819 Sqft

16,613 Lot (sqft)

Sold 10/12/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
398,529
$
Down payment
79,705.8
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
2,391.17
$
HOA (Monthly)
0
$
PMI
0
$
$2,580
Your Payment
Total Monthly Payment:$2,580
Percent of Income:44%
Affordable:No

Details for 1355 WALLACE RD NW

Property Debt

Foreclosure Contact Details