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$799,000
825699 MLS Knights Of Columbus BLDG.
Prime 12-Unit Redevelopment Opportunity in the Heart of SalemUnlock the potential of this strategically located site at 725 Shipping St NE. Currently positioned for a high-density transition, this property offers a rare footprint for a 12-unit residential complex. With Salem’s growing demand for urban housing, this concept maximizes the lot’s efficiency while providing future tenants with unparalleled access to downtown and the I-5 corridor. Key Highlights:- Density & Scale: Optimized site layout for a 12-unit multi-family build.- Strategic Location: Blocks away from local transit, shopping, and major employment hubs.- Infrastructure Ready: Existing utility access simplifies the initial phases of site prep.Market Demand: Perfect for a mix of studios and one-bedroom units to target the local workforce.Mixed-Used (MU-II) zoning has opened up many possibilities for this property. The 5,170 square-foot second story houses a ballroom, restrooms, full bar, kitchen, and storage. The 5,090 square-foot main level contains a "lounge", full bar, offices, kitchen, dining area, restrooms, and meeting rooms. A fenced and graveled storage yard could be used for parking, outdoor dining, food trucks, or new construction. Building is currently leased on a month-to-month basis.Ideas for the existing building include a 12-unit apartment building (site plan has been approved), microbrewery or taphouse, coffee, event center, restaurant, bar, etc. The ballroom is still regularly being used, but the building will require significant improvements to utilize all areas. The Seller is open to a traditional sale and also is open to discussing creative partnerships or development ideas.

725 Shipping St Ne, Salem

Listing Courtesy of KITHKIN REAL ESTATE. 503-930-2786

$339,900
3 Beds 2 Baths 836605 MLS
Hello from Salem’s Northeast Neighbors area. I’m a classic two-story cottage offering 1,408 square feet of above-ground living space with a flexible layout featuring a main-level bedroom and half bath, plus two bedrooms and a full bath upstairs. I also offer a full 814 square foot basement with laundry, utilities, and ample storage. Gas heat, a detached single-car garage, and close proximity to downtown, parks, dining, and coffee shops complete the package. Hello from Salem’s Northeast Neighbors area, where timeless charm, mature tree-lined streets, and a strong sense of community come together in one of Northeast Salem’s most established residential settings. I’m a classic two-story cottage offering 1,408 square feet of above-ground living space, thoughtfully arranged to support both everyday comfort and long-term flexibility. On my main level, I provide a welcoming bedroom paired with a convenient half bathroom—ideal for guests, working from home, or main-level living needs. Upstairs, I offer two additional bedrooms and a full bathroom, creating a well-balanced separation between shared and private spaces. My layout is efficient yet comfortable, allowing each room to feel purposeful and well-connected. Below it all, I feature a full 814 square foot basement that adds tremendous utility, with dedicated laundry space, room for mechanical systems, and abundant storage that keeps daily life organized and uncluttered. Gas heating supports efficient, reliable year-round comfort, while my detached single-car garage provides secure parking and extra storage. I sit on a .12-acre lot, offering manageable outdoor space with room to garden, relax, or personalize. Living here means enjoying the best of Northeast Salem with close-in access to downtown. Start your mornings at Archive Coffee & Bar, enjoy a local favorite brunch at Word of Mouth Bistro, or wind down in the evening at Noble Wave. Nearby green spaces like Riverfront Park and Bush's Pasture Park offer trails, open lawns, and year-round community events just minutes away. With my thoughtful layout, generous basement, garage, and access to dining, parks, and downtown amenities, I offer comfort, character, and lasting livability in one of Salem’s most established neighborhoods.

1564 Center St Ne, Salem

Listing Courtesy of KELLER WILLIAMS REALTY PORTLAND PREMIERE. CELL: 503-709-4632

$475,000
3 Beds 3 Baths 838519 MLS
There’s something special about a home that gives you options, and this one gives you plenty. Set on a lovely street in a neighborhood that feeds into sought-after South Salem schools, this property pairs everyday comfort with real flexibility for the way people live now. Inside, you’ll find great natural light, two fireplaces, and a layout that feels both welcoming and functional. The kitchen has been updated with a clean, fresh look and makes smart use of the space it has. Outside, the backyard is flat, usable, and ready for anything from soccer practice to summer dinners to a dog who believes the yard was built exclusively for them.One of the most exciting features here is the spacious addition over the garage, offering more than 600 square feet of possibility. Use it as a generous primary suite, a private setup for multi-generational living, or explore the potential for a separate-entry rental space with its mini-kitchen. It could be an appealing option for traveling nurses, Willamette grad students, or longer-term guests. Short-term vacation rental use is not the play here, but buyers may want to explore ADU or rental possibilities with the city.The oversized garage adds even more value with workshop space for projects, hobbies, storage, or gear that deserves better than being crammed in a corner.Big-ticket updates matter too: the heat pump was replaced in 2016, the AC in 2008, the furnace in 2007, the water heater in 2022, and the roof is only a few years old. That’s the kind of practical peace of mind buyers appreciate.And then there’s the lifestyle piece. The street ends with a path to Pringle Creek Community and Prismatic Coffee, putting one of Salem’s best neighborhood perks practically at the end of the block. Morningside Park is about 0.3 miles away, and Cozzie’s Deli is roughly 0.9 miles away, which means coffee, park time, and sandwiches are all within easy reach.

1726 Ewald Ave Se, Salem

Listing Courtesy of TOMSON BURNHAM, LLC. Direc: 503-428-3239

$725,000
3 Beds 3 Baths 835119 MLS
Fantastic property on nearly an acre with territorial views and an incredible array of features. The main home has 2,202 square feet with three bedrooms, two full baths, and a versatile bonus room that could be a fourth bedroom. Beyond the home, the property shines with multiple outbuildings: a 1-bedroom ADU with a full bath and washer/dryer; a 2,016-square-foot shop equipped with two full baths, washer/dryer hookups, new cadet heaters, and multiple private rooms; a 1,408-square-foot two-story shop ideal for work or storage; and an 869+ square foot shop with a cement floor and a 200-amp panel. The grounds feature new gutters, a new well pump, hot and cold outdoor water faucets, a cyclone fence, and a 55-yard concrete driveway providing lots of parking and durability. The bright living room has a large picture window, a cozy fireplace, and beautiful laminate flooring that continues through the main living areas. The spacious dining area flows easily from the living room, perfect for entertaining. The updated kitchen features lots of cabinetry and prep space, with easy access to one of two laundry rooms and a full bathroom. Toward the back of the home, a sun-filled family room with vaulted ceilings, tiled floors, and window-lined walls creates an inviting space for relaxing. The room also includes an office nook and sliders that lead to a covered deck with an attached 11x9 storage area, ideal for tools or hobbies. The primary bedroom offers double closets, a private bath with a jetted tub, and sliding doors to a covered patio that's perfect for enjoying your morning coffee. Off the primary bath, a large laundry room with a sink provides extra convenience, while two additional bedrooms share an updated full guest bath. A mudroom with outside access ensures easy cleanup after working outdoors. The expansive fenced backyard is ready for gardening or play, enriched by fertile Labish soil. Located just minutes from restaurants, shopping, and Chemeketa Community College. Easy access to I-5.

4160 Cordon Rd Ne, Salem

Listing Courtesy of EXP REALTY, LLC. Cell: 503-389-0821

$310,000
2 Beds 1 Baths 837765 MLS
Accepted Offer with Contingencies. Move-in ready Salem home offering 2 bedrooms plus flexible bonus space! This charming home combines an approachable size with valuable updates, including newer electrical and plumbing. The bonus room provides options for a home office, hobby space or additional living area. Enjoy a fenced yard with room to relax, garden or entertain. A great option for first-time buyers, downsizers or anyone looking for a manageable home with versatility and convenient access to Salem amenities. Sometimes the right home isn't about having more space—it's about having space that works well for the way you live. 2355 Hyde St SE offers just that, combining a comfortable, manageable footprint with flexible living space and important updates already completed.Inside, you'll find 2 bedrooms plus a bonus room that gives you options beyond the traditional floor plan. Create a dedicated home office, hobby or craft room, cozy second living space or whatever best fits your lifestyle. It's the kind of flexibility that makes a smaller home live larger than its square footage suggests.Even better, updates to the electrical and plumbing add value where it matters. Rather than taking on a large home and all the upkeep that comes with it, Hyde offers an appealing alternative for someone looking for a home that's comfortable, functional and easy to make their own.Step outside to a fenced yard with room for gardening, pets, entertaining or simply enjoying your own outdoor space. There's enough room to personalize without creating an overwhelming amount of maintenance.Whether you're purchasing your first home, simplifying your lifestyle, downsizing or looking for a Salem property with an adaptable floor plan, this home offers an attractive combination of affordability, updates and usability.Conveniently located with access to shopping, dining, employment and other Salem amenities, 2355 Hyde St SE puts everyday necessities within easy reach.If you've been searching for a move-in ready Salem home with character, useful updates and just a little more flexibility than you'd expect, come take a closer look at Hyde.

2355 Hyde St Se, Salem

Listing Courtesy of CAMBERN HOMES LLC. Cell: 541-230-0754

$369,900
4 Beds 2 Baths 834836 MLS
A compelling South Salem value with an assumable 2.625% loan available to qualified buyers. This updated 4-bedroom home offers a remodeled kitchen, two main-level bedrooms, two additional bedrooms and bonus space upstairs. Major plumbing, electrical, sewer, foundation and drainage improvements are already complete. Enjoy a forested backyard, patio, outdoor theater area, raised beds and storage sheds. Motivated sellers willing to consider any reasonable offer! Presented by Gavin & Julie Wisser – Wisser Homes Team with HomeStar Brokers. Call or text (503) 881-7273 to schedule your private showing today! Learn more about us and explore additional listings at Wisser.Homes.Opportunities to assume a 2.625% loan are increasingly rare, making this thoughtfully updated South Salem home one to see. Beyond the remodeled finishes, you'll find substantial improvements that add long-term value, including updated plumbing, electrical, sewer line, electrical panel with grounding rods, and foundation upgrades.The remodeled kitchen is designed for everyday living with high-end finishes, newer appliances, and soft-close cabinets and drawers. The floor plan offers flexibility for a variety of living arrangements, with 2 bedrooms and a beautifully remodeled full bath featuring a tiled glass-door shower on the main level. Upstairs you'll find 2 additional bedrooms, a half bath, and bonus space that works well as a home office, reading nook, play area, or hobby room.Outside, the backyard creates a peaceful Pacific Northwest setting with mature trees providing a forested backdrop. Enjoy evenings on the patio, host movie nights with the outdoor projector and screen, or spend time tending the raised garden beds. Multiple storage sheds offer room for tools, lawn equipment, and hobbies while keeping the outdoor spaces organized.Situated on a manageable corner lot in an established South Salem neighborhood, this home offers convenient access to schools, shopping, parks, and commuter routes. With meaningful system upgrades already completed, flexible living spaces, and outdoor areas designed to be enjoyed year-round, this home delivers comfort, functionality, and value well beyond what its square footage suggests.

585 Madrona Ave S, Salem

Listing Courtesy of HOMESTAR BROKERS. Cell: 503-881-7273

$310,000
2 Beds 1 Baths 231270232 MLS
Move-in ready Salem home offering 2 bedrooms plus flexible bonus space! This charming home combines an approachable size with valuable updates, including newer electrical and plumbing. The bonus room provides options for a home office, hobby space or additional living area. Enjoy a fenced yard with room to relax, garden or entertain. A great option for first-time buyers, downsizers or anyone looking for a manageable home with versatility and convenient access to Salem amenities.Sometimes the right home isn't about having more space—it's about having space that works well for the way you live. 2355 Hyde St SE offers just that, combining a comfortable, manageable footprint with flexible living space and important updates already completed.Inside, you'll find 2 bedrooms plus a bonus room that gives you options beyond the traditional floor plan. Create a dedicated home office, hobby or craft room, cozy second living space or whatever best fits your lifestyle. It's the kind of flexibility that makes a smaller home live larger than its square footage suggests.Even better, updates to the electrical and plumbing add value where it matters. Rather than taking on a large home and all the upkeep that comes with it, Hyde offers an appealing alternative for someone looking for a home that's comfortable, functional and easy to make their own.Step outside to a fenced yard with room for gardening, pets, entertaining or simply enjoying your own outdoor space. There's enough room to personalize without creating an overwhelming amount of maintenance.Whether you're purchasing your first home, simplifying your lifestyle, downsizing or looking for a Salem property with an adaptable floor plan, this home offers an attractive combination of affordability, updates and usability.Conveniently located with access to shopping, dining, employment and other Salem amenities, 2355 Hyde St SE puts everyday necessities within easy reach.Home warranty too!

2355 HYDE ST, Salem

Listing Courtesy of Cambern Homes.

$600,000
3 Beds 2 Baths 295252123 MLS
Tucked into a peaceful rural setting, this beautifully maintained mid-century ranch sits on 1.22 private, wooded acres in a quiet and established neighborhood. The property offers a serene, secluded feel with mature trees and picturesque views from nearly every window. Inside, the spacious living room features a large picture window that frames the stunning landscape. The kitchen provides lots of cabinet storage and prep space, perfect for everyday cooking or entertaining. Just off the kitchen, the cozy family room includes a wood-burning stove and a charming bay window with built-in seating for an ideal spot to relax with a book or enjoy the view. The dining room showcases a wall of built-ins and shares a fireplace with the living room, creating warmth and character, while sliding doors lead to the back patio making it perfect for indoor/outdoor dining and gatherings.The home offers three comfortable bedrooms and a full bath with dual vanity, along with a nicely updated laundry room featuring a sink and built-in storage. A new bathroom with shower was added in November 2024, adding extra convenience. Step outside to a park-like backyard bordered by woods, offering privacy, space for gardening, and plenty of room to enjoy the outdoors. Additional features include a tool shed, extra-deep two-car garage with added storage, and space for RV parking. A new roof installed in September 2024 provides added peace of mind. Enjoy the tranquility of country living while still being just 10 minutes from restaurants, shopping, and everyday amenities.

375 FIR KNOLL LN, Salem

Listing Courtesy of eXp Realty, LLC.

$725,000
3 Beds 3 Baths 159470437 MLS
Fantastic property on nearly an acre with territorial views and an incredible array of features. The main home has 2,202 SF with three bedrooms, two full baths, and a bonus room that could be a fourth bedroom. Beyond the home, the property shines with multiple outbuildings: a 1-bedroom ADU with a full bath and washer/dryer; a 2,016-square-foot shop equipped with two full baths, washer/dryer hookups, new cadet heaters, and multiple private rooms; a 1,408-square-foot two-story shop ideal for work or storage; and an 869+ square foot shop with a cement floor and a 200-amp panel. The grounds feature new gutters, a new well pump, hot and cold outdoor water faucets, a cyclone fence, and a 55-yard concrete driveway providing lots of parking and durability. The bright living room has a large picture window, a cozy fireplace, and beautiful laminate flooring that continues through the main living areas. The spacious dining area flows easily from the living room, perfect for entertaining. The updated kitchen features lots of cabinetry and prep space, with easy access to one of two laundry rooms and a full bathroom. Toward the back of the home, a sun-filled family room with vaulted ceilings, tiled floors, and window-lined walls creates an inviting space for relaxing. The room also includes an office nook and sliders that lead to a covered deck with an attached 11x9 storage area, ideal for tools or hobbies. The primary bedroom offers double closets, a private bath with a jetted tub, and sliding doors to a covered patio that's perfect for enjoying your morning coffee. Off the primary bath, a large laundry room with a sink provides extra convenience, while two additional bedrooms share an updated full guest bath. A mudroom with outside access ensures easy cleanup after working outdoors. The expansive fenced backyard is ready for gardening or play, enriched by fertile Labish soil. Located just minutes from restaurants, shopping, and Chemeketa Community College. Easy access to I-5.

4160 NE Cordon RD, Salem

Listing Courtesy of eXp Realty, LLC.

$339,900
3 Beds 1 Baths 336880761 MLS
Hello from Salem’s Northeast Neighbors area, where timeless charm, mature tree-lined streets, and a strong sense of community come together in one of Northeast Salem’s most established residential settings. I’m a classic two-story cottage offering 1,408 square feet of above-ground living space, thoughtfully arranged to support both everyday comfort and long-term flexibility. On my main level, I provide a welcoming bedroom paired with a full bathroom, ideal for guests, working from home, or main-level living needs. Upstairs, I offer two additional bedrooms along with a convenient half bathroom, creating a well-balanced separation between shared and private spaces. My layout is efficient yet comfortable, allowing each room to feel purposeful and well-connected. Below it all, I feature a full 814 square foot basement that adds tremendous utility, with dedicated laundry space, room for mechanical systems, and abundant storage that keeps daily life organized and uncluttered. Gas heating supports efficient, reliable year-round comfort, while my detached single-car garage provides secure parking and extra storage. I sit on a .12-acre lot, offering manageable outdoor space with room to garden, relax, or personalize. Living here means enjoying the best of Northeast Salem with close-in access to downtown. Start your mornings at Archive Coffee & Bar, enjoy a local favorite brunch at Word of Mouth Bistro, or wind down in the evening at Noble Wave. Nearby green spaces like Riverfront Park and Bush's Pasture Park offer trails, open lawns, and year-round community events just minutes away. With my thoughtful layout, generous basement, garage, and access to dining, parks, and downtown amenities, I offer comfort, character, and lasting livability in one of Salem’s most established neighborhoods.

1564 CENTER NE ST, Salem

Listing Courtesy of Keller Williams Realty Portland Premiere.

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The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.

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