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3005 Portland Rd Ne, Salem
$365,000
832067 MLS
Consisting of five tax lots totaling approximately .53 acres, is ideally situated near I5and boasts urban renewal incentives. With its advantageous location and IC zoningwith Portland/Fairgrounds Overlay, this offering holds immense potential fordevelopment.Urban Renewal allows for a 1:1 match of applicable expenses (see link for details).Example: $600,000 is spent on applicable costs, Buyer can get up to $300,000reimbursed. Buyer to confirm terms and stipulations with the city. Nearby, you'll find the Oregon State Capitol, Salem Convention Center, and Riverfront Park, providing prime access to government, business, and recreational facilities. The area also benefits from the North Gateway Grant Program, offering financial incentives for property improvements and business development. Enjoy a variety of dining options, local shops, and easy access to major transportation routes, including the I-5,just a short distance away.

3005 Portland Rd Ne, Salem

Listing Courtesy of COLDWELL BNKR/COMMERCIAL DIV. Agent: 503-587-4777

5954 Sorrento St S, Salem
$724,960
5 Beds ⋅ 3 Baths ⋅ 838393 MLS
BELOW MARKET RATES AVAILABLE! Ask for details! Tour this stunning 3,006 SF new-construction home with 5 bedrooms, 3 full baths, and a 3-car garage. Enjoy an open-concept layout with a gourmet kitchen featuring GE Cafe series gas appliances, pot filler, quartz countertops, full-height backsplash and walk-in pantry. Main-level bedroom and full bath, ideal for guests, multi-gen living, or to use as office space. Features include LVP flooring, gas fireplace, large loft, luxurious primary suite, and a 10x20 covered composite deck. This home backs to a natural open space for added privacy. Floor-to-ceiling flagstone surrounds the substantial gas fireplace. An elegant metal and wood staircase leads upstairs to an open spacious loft, centered around four additional bedrooms, including a private primary suite featuring TWO large walk-in closets, tile bath floors, tile-set soaking tub and a glass enclosed walk-in tile shower. Gas furnace, A/C and 6' cedar fence included. Steps are currently being added to the back deck. No HOA! LISTING AGENT IS NOT ON SITE. Supra Realtor® lockbox on front porch to allow buyer's agent to show the home.

5954 Sorrento St S, Salem

Listing Courtesy of SEKISUI HOUSE PNW, INC.. 360-635-2328

1774 Settlers Spring Dr Nw, Salem
$615,000
4 Beds ⋅ 3 Baths ⋅ 837137 MLS
Accepted Offer with Contingencies. Welcome to a beautifully designed home featuring a unique double staircase and hardwood floors throughout. It’s hard to find a 4-bedroom home with a dedicated office & 3 car garage, but this one has it all! The bright, open floor plan is centered around a chef’s kitchen with ceiling-height cabinetry, a stunning marble backsplash, and a contrasting accent island.The spacious great room offers a warm and inviting atmosphere with a stone fireplace and custom built-in cabinetry. The light-filled primary suite suite features an oversized walk-in closet with a center island, a luxurious travertine shower, and a freestanding soaking tub. Outside, enjoy a large backyard and covered deck—perfect for entertaining.

1774 Settlers Spring Dr Nw, Salem

Listing Courtesy of HOMESMART REALTY GROUP. Cell: 503-510-5326

5274 Kali St Se, Salem
$525,000
4 Beds ⋅ 3 Baths ⋅ 838642 MLS
Desirable South Salem location just 5 minutes to Costco! This 2,544 sq ft home checks every box with a main-level primary ensuite, a private dedicated office, and upstairs is three large bedrooms rooms (2 with walk-ins closets!). Outside is an entertainer’s dream backyard with a gazebo and included hot tub. Top schools, convenient shopping, and fast freeway access make this home the total package.This home is move-in ready for you! This home offers room for everyone and the perfect blend of comfort and convenience. Featuring a private office off entryway and primary ensuite on main level with direct access to your hottub. There are 3 large upstairs bedrooms/bonus rooms including 2 rooms with large walk-in closets. Incredible backyard oasis with large gazebo for year-around enjoyment, designed for entertaining or quiet evenings in the included hot tub. Top rated schools, quick access to shopping (Costco is just 5 minutes) and the freeway is a hop, skip and jump away. This MOVE-IN ready home offers functionality, lots of room for everyone, and a prime location.

5274 Kali St Se, Salem

Listing Courtesy of THE CAIN COMPANY, LLC. Direc: 541-740-8692

3795 Blossom Dr Ne, Salem
$1,500,000
6 Beds ⋅ 9 Baths ⋅ 832944 MLS
Motivated Seller Luxury living meets rare opportunity—with four distinct living areas spanning over 5,000 sq ft, highlighted by heated travertine floors, rich woodwork, granite finishes, gas fireplaces, and a tranquil courtyard with koi pond. Originally built in 1904 and thoughtfully expanded beginning in 2012, this gated estate blends timeless craftsmanship with modern upgrades. The main home includes multiple living areas, while a separate 1,500 sq ft caretaker’s home offers its own kitchen, bedrooms, and living space. A guest suite and additional quarters add even more flexibility—perfect for multi-generational living, rental income, or extended guests.Commercial amenities include a 2,100 sq ft shop with storefront and half bath, a 960 sq ft rear shop, mill house, and loft. The property also offers a 4-car garage, carport, and RV hookups, with the driveway engineered to handle heavy trucks.Zoned General Industrial with a grandfathered residence, this unicorn property offers both luxury living and business potential, with projected rental income of approx. $10,000/month when fully leased. Too much to list here—contact the Listing Agent for a full property report with detailed specs and approved uses.

3795 Blossom Dr Ne, Salem

Listing Courtesy of EXP REALTY, LLC. Cell: 503-428-1741

725 Shipping St Ne, Salem
$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

1774 Ammon St Nw, Salem
$699,000
4 Beds ⋅ 3 Baths ⋅ 837309 MLS
A rare find three times over: new construction in West Salem, luxury-level finishes throughout, and a quiet cul-de-sac location just moments from Straub Middle School. Set on 0.19 acres with a 3-car garage, this 4-bedroom home also features a versatile main-level office/den. Thoughtfully upgraded from top to bottom, the home combines a highly functional, beautifully designed floor plan with finishes that stand apart from typical new builds. All in an established neighborhood with no HOA! A gorgeous kitchen anchors the main living space, featuring quartz countertops, a gas range, walk-in pantry, extended subway tile backsplash, and a chef's island with additional built-in cabinetry. The open-concept design still maintains distinct, well-defined living spaces, with the living room centered around a beautiful stone-trimmed fireplace and mantel flanked by built-ins.Step outside to an oversized covered patio overlooking a large, gently sloping, fully fenced and gated backyard. Extensive retaining walls add both function and visual appeal to the thoughtfully landscaped yard, creating an outdoor space that that feels every bit as thoroughly finished as the home itself. Upstairs, large windows showcase views beyond Salem, while premium carpet and upgraded padding add a noticeable layer of comfort. The primary suite is a showstopper, featuring a large soaking tub, quartz vanities, an oversized fully tiled shower, and an exceptionally generous walk-in closet. Even the laundry room carries the same level of finish with tiled floors and a quartz-topped utility sink.And it's not just the finishes you immediately notice. Upgrades continue throughout with on-demand hot water, upgraded trim and baseboard packages, quality materials, and thoughtful details at nearly every turn. This isn't simply a new home. It's the kind of new construction that's particularly difficult to find in West Salem: an exceptional location, a beautifully finished homesite, a highly functional floor plan, and a level of finish that sets it apart. Listing Agent is an owner of Black Diamond Homes Inc, building homes since 1995.

1774 Ammon St Nw, Salem

Listing Courtesy of PREMIERE PROPERTY GROUP, LLC - SOUTH SALEM. CELL: 503-510-1068

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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