About This Home
This 4-bedroom, 1-bathroom single family at 895 ELMA Ave SE in Salem, OR is listed for $300,000 ($216 per sqft). Built in 1949, the home offers 1,388 sqft of living space on a 0.41 acres lot.
Key Features
- Built in 1949
- 0.41 acre lot
- 2 stories
Property Details
Amenities
Thoughtfully positioned on a spacious 0.41-acre corner lot, this Salem property offers exceptional flexibility and future potential. Whether you're looking to remodel the existing 4-bedroom, 1-bath home, develop the lot, or keep the home and pursue a potential lot split (buyer to perform due diligence), this property presents multiple opportunities.
The home sits among beautiful mature trees, creating a peaceful and private setting while providing a solid foundation for your vision. The oversized detached garage makes an intriguing candidate for a potential ADU or additional living space (buyer to verify).
The property is connected to city water and also includes a private well, offering added versatility. Favorable RS zoning opens the door to a variety of development possibilities, making this an attractive opportunity for homeowners, investors, and builders alike. Whether you choose to renovate, expand, explore development options, or simply enjoy the generous lot and established setting, this property offers the rare combination of land, location, and long-term potential.
Monthly Cost Estimate
$1,604/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
895 ELMA Ave SE
Salem, OR 97317
Features & Amenities
Interior Features
Property Details
Views
Heating
Appliances
Questions & Answers
This 4-bedroom, 1-bathroom single family at 895 ELMA Ave SE is listed at $300,000 ($216/sqft). The estimated monthly payment is $1,605 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1949, 0.41 acre lot, 2 stories. Interior Features: HardwoodFloors, Laundry, TileFloor.
This property is listed by Christopher Haveman and can be reached at 5037999170.
