Date
Details
Price
Change
Source
4/20/2026
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
DUAL LIVING OPPORTUNITY with separate ADU. This single level home has so much to offer with a huge .45 acre lot with room for additional units. Finished ADU with kitchenette, bathroom & bedroom area offer additional income potential. Property has incredible views to the East mountain ranges & downtown Salem. Looking for an Investment? Buyer to do due diligence on redevelopment opportunities, but could work well for someone wanting affordable living convenient to Salem with room to grow & main level living.
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: RWMLS
- MLS ID: 774225357
- Updated: 4/20/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Laminate Flooring
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Wood Burning
- Appliances: Dishwasher, Disposal, Free-Standing Range
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Partial Bathrooms: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: Main
- Bedroom 2: Main
- Bedroom 3: Main
Other Rooms
- Living Room: Main
- Family Room: Main
- Kitchen: Main
- Dining Room: Main
Additional Information
- Security/Safety: None
Exterior
- Exterior Features: Patio, RV/Boat Storage
Parking
- Garage: Yes
- Attached garage: Yes
- Total Spaces: 2
Location
- County: Polk
- 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
Community
- Community Name: 168 - Polk Co: West Salem N
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Architectural Style: 1 Story
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 1,661
- Year Built: 1956
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.45
- Lot Size (Sq. Ft.): 19,602
- Lot Size: 15, 000 to 19, 999 SqFt
Financial Considerations
- Tax Amount: $4,568
- Tax Year: 2025
- Terms: Cash, Conventional, Other, Rehab
Disclosures and Reports
- Legal Description: ONE STORY
- Disclosures/Reports: Disclosure
- Property ID: 244062
Listed by Paramount Real Estate Services (503) 385-1518, Brian White (503) 851-1645
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Listing agent
— 1355 Wallace Rd NW —
Brian White
Paramount Real Estate Services
503-385-1518
NMLS#: 1598647
Get Pre-Approved Today
Get a Great Insurance Rate
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
Estimate the Cost
Estimate the Cost for 1355 Wallace Rd NW
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- Manufactured Home
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- Updated 7 hours ago
- 2Beds
- 2Total Baths
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- Single Family
- Active
- Updated 2 days ago
- 2Beds
- 2Total Baths
- 1,629Sq. Ft.
Listed By: KELLY. SWIFT | Windermere Heritage
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- Updated 5 days ago
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- Updated 4 days ago
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Listed By: BOB. SHACKELFORD | Homesmart Realty Group - Keizer
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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
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- 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# 774225357) 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 20, 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.