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$285,000
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Property Description
Great opportunity for investors, builders, or developers. This property is zoned RM2 and sits on a .440-acre lot, offering excellent potential for future development. The existing 3-bedroom, 1-bat home also presents the possibility for dual living, making it a versatile project for the right buyer. Cash only. Buyer to perform due diligence regarding zoning and development options.
Full Property Details
Full Property Details for 1955 Hwy Ave NE
General
- Sold For: $285,000
- Taxes: $2,698 (2025)
- Status: Closed
- Type: Single Family
- Source: WVMLS
- MLS ID: 837052
- Added to Site: 22 day(s) ago
Interior
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Exterior
- Color: Tan
Parking
- Garage Description: Attached
Location
- County: CENTRAL SALEM
- Subdivision: Salem Highway Tract
- Driving Directions: From Silverton Rd, N on Highway Ave
School Information
- Elementary School: Grant
- Middle School: Parrish
- High School: McKay
Utilities
- Sewer: Yes
- Water: City
Structural Information
- Square Feet: 1,312
- Year Built: 1942
Lot Features
- Lot Size (Acres): 0.44
- Zoning: Rm2
- Lot Description: 12
Financial Considerations
- Price Per Sq. Ft.: $217.23
- Assessment Year: 1942
- Tax Amount: $2,698
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 12
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Schools
Schools serving 1955 Hwy Ave NE
School District:Salem-Keizer School District 24j
| Name | Grades | Distance |
|---|---|---|
Hallman Elementary School 4000 Deerhaven Dr NE, Salem, OR 97303 | K-5 | 0.9 mi |
Waldo Middle School 2805 Lansing Avenue Northeast, Salem, OR 97301 | 6-8 | 0.3 mi |
Mckay High School 2440 Lancaster Drive Northeast, Salem, OR 97305 | 9-12 | 1.4 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 1955 Hwy Ave NE
Date
Details
Price
Change
Source
2/19/2026
Sold
$285,000
3.64%
MLS
1/28/2026
Listed
$275,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1955 Highway Av NE, Salem, OR 97301 (MLS# 837052) is a Single Family property that was sold at $285,000 on February 19, 2026. Want to learn more about 1955 Highway Av NE? 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.

