Date
Details
Price
Change
Source
4/09/2026
Listed
$409,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
INVESTMENT ALERT! This single level home has so much to offer with a huge .45 acre lot with room for additional units. A finished ADU with kitchenette, bathroom and bedroom area offer additional income potential. Property has incredible views to the Eastern mountain ranges and downtown Salem. Buyer to do due diligence on redevelopment opportunities, but could also work well for someone wanting a little piece of heaven convenient to Salem and room to grow with main level living. Make this one into your own! There's plenty of room for redevelopment or adding on to existing structures. Buyer to do due diligence with the City of Salem. *Virtual Staging in video
Full Property Details
Full Property Details for 1355 Wallace Rd NW
General
- Price: $409,000
- Taxes: $4,568 (2025)
- Status: Active
- Type: Single Family
- Source: WVMLS
- MLS ID: 839309
- Updated: 4/9/2026
- Added to Site: 3 day(s) ago
Interior
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Parking
- Garage Description: Attached
Location
- County: NORTHWEST SALEM
- Driving Directions: South on Wallace to driveway. A median blocks Northbound traffic turn at the driveway.
School Information
- Elementary School: Harritt
- Middle School: Walker
- High School: West Salem
Heating & Cooling
- Heating/Cooling: Electric, Central AC, Forced Air
- Water Heater: Electric
Utilities
- Sewer: Yes
- Water: Connected, City
Structural Information
- Roof: Composition
- Square Feet: 1,661
- Year Built: 1956
Lot Features
- Lot Size (Acres): 0.45
- Lot Size (Sq. Ft.): 19,784
- Zoning: RS
- Lot Description: 1000
Financial Considerations
- Price Per Sq. Ft.: $246.24
- Assessment Year: 1956
- Tax Amount: $4,568
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 1000
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NMLS#: 1598647
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Schools
Schools serving 1355 Wallace Rd NW
School District:Salem-Keizer School District 24j
| Name | Grades | Distance |
|---|---|---|
Harritt Elementary School 2112 Linwood Street Northwest, Salem, OR 97304 | PK-5 | 0.8 mi |
Walker Middle School 1075 8th Street Northwest, Salem, OR 97304 | 6-8 | 0.6 mi |
West Salem High School 1776 Titan Drive Northwest, Salem, OR 97304 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1355 Wallace Rd NW
Tax History
Tax History for 1355 Wallace Rd NW
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,568
8%
$231,230
3%
2024
$4,231
3%
$224,500
3%
2023
$4,108
6%
$217,970
6%
2021
$3,863
-3%
$205,470
-3%
2022
$3,977
3%
$211,630
6%
2021
$3,863
7%
$199,490
3%
2019
$3,618
2%
$193,680
3%
2018
$3,558
11%
$188,040
3%
2017
$3,206
2%
$182,570
3%
2016
$3,130
—
$177,260
3%
2015
$3,141
5%
$172,100
3%
2014
$2,987
8%
$167,090
9%
2013
$2,773
—
$153,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1355 Wallace Rd NW
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- Manufactured Home
- Active
- Updated 2 days ago
- 2Beds
- 2Total Baths
- 1,152Sq. Ft.
Listed by Works Real Estate, Zachary Thompson
- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 2Total Baths
- 1,464Sq. Ft.
Listed By: KATHERINE. GUERNSEY | Smi Real Estate
- Single Family
- Active
- Updated 3 days ago
- 6Beds
- 3Total Baths
- 3,945Sq. Ft.
Listed by Modern Homes Collective, Rachel Smith
- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 4Total Baths
- 3,325Sq. Ft.
Listed By: DENISE. BOWERS | Homesmart Realty Group
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- Single Family
- Active
- Updated 5 days ago
- 7Total Baths
- 5,515Sq. Ft.
Listed By: GREG and JUDY. GYSIN | Premiere Property Group, Llc - South Salem and JUDY. GYSIN | Premiere Property Group, Llc - South Salem
- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 3Total Baths
- 3,325Sq. Ft.
Listed by HomeSmart Realty Group, Denise Bowers
- Single Family
- Active
- Updated 6 days ago
- 4Beds
- 2Total Baths
- 2,634Sq. Ft.
Listed by eXp Realty, LLC, Sarah Noelle
- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 1Total Bath
- 1,226Sq. Ft.
Listed By: DEBBIE. DAILEY | Realty One Group Willamette Valley and MARK. THOMAS | Realty One Group Willamette Valley
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- Single Family
- Closed
- 3Beds
- 2Total Baths
- 1,626Sq. Ft.
Listed By: DEAN. SANDERSON | Jes Realty Group Llc
Sold by STEVE. BROWN | Homesmart Realty Group
Sold by STEVE. BROWN | Homesmart Realty Group
- Single Family
- Closed
- 3Beds
- 2Total Baths
- 1,438Sq. Ft.
Listed By: KELLY. CULVER | Smi Real Estate
Sold by CRISTIAN. MARTINEZ | Redfin
Sold by CRISTIAN. MARTINEZ | Redfin
- Single Family
- Sold
- 3Beds
- 2Total Baths
- 1,276Sq. Ft.
Listed by eXp Realty, LLC, Angela Groves
Sold by eXp Realty, LLC, Megan Torres
Sold by eXp Realty, LLC, Megan Torres
- Single Family
- Closed
- 3Beds
- 2Total Baths
- 1,276Sq. Ft.
Listed By: ANGELA L. GROVES | Exp Realty, Llc
Sold by MEGAN. TORRES | Exp Realty, Llc
Sold by MEGAN. TORRES | Exp Realty, Llc
1355 Wallace Rd NW, Salem, OR 97304 (MLS# 839309) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 1355 Wallace Rd NW is currently listed for $409,000 and was received on April 09, 2026. Want to learn more about 1355 Wallace Rd NW? Do you have questions about finding other Single Family real estate for sale in Croisan-Illahe? You can browse all Croisan-Illahe real estate or contact a Coldwell Banker agent to request more information.