Investment Development Property has been cleared and graded flat for its next owner. SELLER CONCESSIONS OFFERED Large lot in town with plenty of opportunity. Close to Freeway, Amenities, Transit System, Utilities, Etc. Almost an acre that would be a great site for middle density housing, cottage clusters, 4-plex, or possible re-zoning for multi-family. Property also has the potential to be parceled and used for several single family homes. Buyer to do all due diligence with city and county on approved or potential uses.
Property Details
Property Features
Listing Office:
Office Name: Keller Williams Realty Mid-Willamette
Office Phone: (541) 738-7770
Listing Agent: Billy Scott
Exterior Features
Exterior Information:
View: Territorial
Parking Information:
Attached Garage: No
Lot Features
Lot Information:
Lot: Cleared
Lot Size: 0.94 Acres
Other
Directions Information:
Directions: Head West on Market Street from Interstate 5, go about 3/4 of a Mile and its the Bare Lot on The Rig
Price Information
Listing Price Info
Price Summary:
List Price: $750,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Salem, OR.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/21/2024, 9:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,811
Per Month
Principal & Interest
$3,744
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,315
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Englewood Elementary School
1132 19th St NE
Distance between this listing and this school0.47 miles
Public District Grades KG-5
4
/10
Hoover Elementary School
1104 Savage Rd NE
Distance between this listing and this school0.54 miles
Public District Grades KG-5
2
/10
Washington Elementary School
3165 Lansing Ave NE
Distance between this listing and this school1.06 miles
Public District Grades PK-5
Nearby Schools
2
/10
Waldo Middle School
2805 Lansing Ave NE
Distance between this listing and this school0.85 miles
Public District Grades 6-8
4
/10
Parrish Middle School
802 Capitol St NE
Distance between this listing and this school1.03 miles
Public District Grades 6-8
7
/10
Jane Goodall Environmental Middle Charter School
999B Locust St NE
Distance between this listing and this school1.40 miles
Public Charter Grades 6-8
Nearby Schools
4
/10
North Salem High School
765 14th St NE
Distance between this listing and this school0.93 miles
Public District Grades 9-12
5
/10
McKay High School
2440 Lancaster Dr NE
Distance between this listing and this school1.29 miles
Public District Grades 9-12
2
/10
Roberts High School
3620 State St
Distance between this listing and this school1.75 miles
The neighbors living near this home have an average income of $49,554. Typical income of Salem, OR residents is between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2445 Market St
What is the listing price of this property?
The listing price of 2445 Market St property is $750,000.
What type of property is this?
The property 2445 Market St is land located in Salem, Oregon, 97301.
Is this property for sale now?
Active Listing: 2445 Market St is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 2445 Market St in Salem, OR and zip code 97301 in the Evergreen Acres neighborhood. This home sits on a 0.94 acre lot. It has been listed on Rocket Homes since June 12, 2024 and is currently priced at $750,000.
While more than 20 listings in Salem, OR in November 2024 were sold above asking price, there were more than 24 listings sold at asking price, and more than 23 were sold below. The number of listings in Salem, OR decreased by 11% between October 2024 and November 2024. The median list price of listings available in November 2024 was $435,000, while the average time on the real estate market was 50 days.
From Rocket Homes Real Estate and based on county public records data.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon. 
Pro Boxing
Pro Boxing
Tennis
Major League Soccer (MLS)
IKEA
Crate & Barrel
Banana Republic
Quiznos
Starbucks
Jack In The Box
Lexus
BMW
Toyota
Soft Adult Contemporary
News
Jazz