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$550,000
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Property Description
Property Zoned MU-III with both residential and commercial potential, this beautifully updated home offers versatile space-perfect for a residence, home-based business, or live/work setup.The main level showcases a stylishly updated kitchen with a gas range, spacious living and family rooms, and two bedrooms. The finished basement with private entrance and full bath provides endless possibilities: guest suite, rental, office, or studio. Enjoy the convenience of ample off-street paved parking (no garage needed), plus a 0.32-acre lot situated between Commercial St and Liberty Rd-close to shopping, schools, and downtown Salem. Recent upgrades include a new HVAC system, deck, appliances (all less than 2 years old), and a storage shed on a concrete pad.The MU-III zone encourages vibrant infill development, supporting retail, office, commercial services, and multi-family residential uses while promoting pedestrian-friendly access.Don't miss this unique and versatile gem in the heart of South Salem!
Full Property Details
Full Property Details for 173 Salem Heights Ave SE
General
- Price: $550,000
- Taxes: $3,634 (2024)
- Status: Active
- Type: Single Family
- Source: WVMLS
- MLS ID: 831732
- Updated: 9/15/2025
- Added to Site: 127 day(s) ago
Interior
- Flooring: Laminate, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Parking
- Garage Description: None
Location
- County: SOUTHEAST SALEM
- Driving Directions: Salem Heights, between Commercial and Liberty
School Information
- Elementary School: Salem Heights
- High School: South Salem
Heating & Cooling
- Heating/Cooling: Central AC, Forced Air, Ductless/Mini-Split
- Water Heater: Electric
Utilities
- Sewer: Yes
- Water: City
Structural Information
- Basement Desc.: Finished
- Roof: Composition
- Square Feet: 2,330
- Year Built: 1955
Lot Features
- Lot Size (Acres): 0.32
- Lot Size (Sq. Ft.): 13,939
- Zoning: MU-III
- Lot Description: 1
Financial Considerations
- Price Per Sq. Ft.: $236.05
- Assessment Year: 1955
- Tax Amount: $3,634
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 1
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Schools
Schools serving 173 Salem Heights Ave SE
School District:Salem-Keizer School District 24j
| Name | Grades | Distance |
|---|---|---|
Candalaria Elementary School 935 Hansen Avenue South, Salem, OR 97302 | K-5 | 0.6 mi |
Leslie Middle School 3850 Pringle Road Southeast, Salem, OR 97302 | 6-8 | 1.3 mi |
South Salem High School 1910 Church Street Southeast, Salem, OR 97302 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 173 Salem Heights Ave SE
Date
Details
Price
Change
Source
9/13/2025
Listed
$550,000
17.52%
MLS
5/30/2023
Sold
$468,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 173 Salem Heights Ave SE
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,635
3%
$185,130
3%
2023
$3,528
6%
$179,740
6%
2021
$3,331
-3%
$169,430
-3%
2022
$3,429
6%
$174,510
6%
2020
$3,234
7%
$164,500
3%
2019
$3,027
-2%
$159,710
3%
2018
$3,080
11%
$155,060
3%
2017
$2,780
5%
$150,550
3%
2016
$2,648
-1%
$146,170
3%
2015
$2,668
3%
$141,920
3%
2014
$2,582
2%
$137,790
3%
2013
$2,529
—
$133,780
—
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 173 Salem Heights Ave SE
173 Salem Heights Av SE, Salem, OR 97302 (MLS# 831732) is a Single Family property with 5 bedrooms and 2 full bathrooms. 173 Salem Heights Av SE is currently listed for $550,000 and was received on September 13, 2025. Want to learn more about 173 Salem Heights Av SE? Do you have questions about finding other Single Family real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.

