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$349,900 Just Listed
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Property Description
3BD/1BA home with tons of potential! Hardwood floors, oversized detached 2-car garage w/potential to expand and a brand-new roof installed in 2026. Bring your tools and creativity to make this home shine again. Great opportunity for sweat equity in a convenient location close to schools, shopping, dining, and easy I-5 access. Great investment or owner-occupant opportunity! Sold "as is"
Full Property Details
Full Property Details for 4198 Market St NE
General
- Price: $349,900
- Taxes: $2,883 (2025)
- Status: Active
- Type: Single Family
- Source: WVMLS
- MLS ID: 842405
- Updated: 7/7/2026
- Added to Site: 6 day(s) ago
Interior
- Flooring: Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Exterior
- Color: Green
Parking
- Garage Description: Detached
Location
- County: SUBURBAN E SALEM/SOUTH
- Subdivision: Heltzels Garden Tr
- Driving Directions: Corner of Market St and Tierra Dr.
School Information
- Elementary School: Swegle
- Middle School: Waldo
- High School: McKay
Heating & Cooling
- Heating/Cooling: Baseboard
Utilities
- Sewer: Yes
- Water: Well
Structural Information
- Roof: Composition
- Square Feet: 1,306
- Year Built: 1936
Lot Features
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,435
- Zoning: RS
- Lot Description: FR4
Financial Considerations
- Price Per Sq. Ft.: $267.92
- Assessment Year: 1936
- Tax Amount: $2,883
- Tax Year: 2025
Disclosures and Reports
- Lot Number: FR4
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Schools
Schools serving 4198 Market St NE
School District:Salem-Keizer School District 24j
| Name | Grades | Distance |
|---|---|---|
Swegle Elementary School 1751 Aguilas Court, Salem, OR 97301 | K-5 | 0.2 mi |
Waldo Middle School 2805 Lansing Avenue Northeast, Salem, OR 97301 | 6-8 | 1.4 mi |
Mckay High School 2440 Lancaster Drive Northeast, Salem, OR 97305 | 9-12 | 0.5 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 4198 Market St NE
Date
Details
Price
Change
Source
7/07/2026
Listed
$349,900
218.09%
MLS
12/19/2012
Sold
$110,000
—
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 4198 Market St NE
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,883
8%
$140,330
3%
2024
$2,675
3%
$136,250
3%
2023
$2,596
6%
$132,290
6%
2021
$2,452
-3%
$124,700
-3%
2022
$2,524
6%
$128,440
6%
2020
$2,380
7%
$121,070
3%
2019
$2,228
-2%
$117,550
3%
2018
$2,267
11%
$114,130
3%
2017
$2,046
5%
$110,810
3%
2016
$1,949
-1%
$107,590
3%
2015
$1,964
3%
$104,460
3%
2014
$1,901
2%
$101,420
3%
2013
$1,862
—
$98,470
—
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 4198 Market St NE
4198 Market St NE, Salem, OR 97301 (MLS# 842405) is a Single Family property with 3 bedrooms and 1 full bathroom. 4198 Market St NE is currently listed for $349,900 and was received on July 07, 2026. Want to learn more about 4198 Market St 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.

