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$695,000 Just Listed
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Property Description
Development opportunity in South Salem with IG zoning. 1.21 acres with a 3-bed, 2-bath, 1,414 SqFt residential home with office conversion opportunity. Attached 2-car garage plus separate shop provide flexible utility. Ideal for redevelopment, live/work use, or interim rental while planning future industrial or mixed use potential. Kuebler visibility with excellent I-5 access.
Full Property Details
Full Property Details for 4856 32nd Ave SE
General
- Price: $695,000
- Taxes: $2,635 (2025)
- Status: Active
- Type: Industrial
- Source: RWMLS
- MLS ID: 438922591
- Updated: 2/20/2026
- Added to Site: 2 day(s) ago
Parking
- Total Spaces: 2
- Parking Features: Off Street, On Site
Location
- County: Marion
- Driving Directions: Boone Rd. SE
Community
- Community Name: 173 - Marion Co: Southeast Salem
Heating & Cooling
- Heating Type: Forced Air
- Heating Fuel: Gas
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
Structural Information
- # Buildings: 3
- Property Detached: Yes
- Construction: Board & Batten Siding
- Roof: Composition
- Square Feet: 1,414
- Current Bldg. Use: Industrial
- Year Built: 1972
Lot Features
- Lot Size (Acres): 1.21
- Lot Size (Sq. Ft.): 52,707
- Lot Size: 1 to 2.99 Acres
- Frontage: Gravel, Paved
Financial Considerations
- Tax Amount: $2,635.83
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Documents Avail.: Aerial Photo, Brochure, Tax Information
- Legal Description: Acres 1.21
- Property ID: 532185
Listed by Legacy Real Estate (503) 877-2101, James Hauge (503) 877-2101
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Schools
Schools serving 4856 32nd Ave SE
School District:Salem-Keizer School District 24j
| Name | Grades | Distance |
|---|---|---|
Lee Elementary School, Salem, OR 5650 Venice Avenue Southeast, Salem, OR 97306 | K-5 | 0.8 mi |
Judson Middle School 4512 Jones Road Southeast, Salem, OR 97302 | 6-8 | 2.4 mi |
South Salem High School 1910 Church Street Southeast, Salem, OR 97302 | 9-12 | 3.4 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 4856 32nd Ave SE
Date
Details
Price
Change
Source
2/20/2026
Listed
$695,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4856 32nd Ave SE
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,446
3%
$124,570
3%
2023
$2,374
6%
$120,950
6%
2021
$2,242
-3%
$114,010
-3%
2022
$2,307
6%
$117,430
6%
2020
$2,176
7%
$110,690
3%
2019
$2,037
-2%
$107,470
3%
2018
$2,073
11%
$104,340
3%
2017
$1,871
5%
$101,310
3%
2016
$1,782
-1%
$98,360
3%
2015
$1,796
3%
$95,500
3%
2014
$1,738
2%
$92,720
3%
2013
$1,702
—
$90,020
—
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 4856 32nd Ave SE
4856 32nd Ave SE, Salem, OR 97317 (MLS# 438922591) is a Industrial property. 4856 32nd Ave SE is currently listed for $695,000 and was received on February 20, 2026. Want to learn more about 4856 32nd Ave SE? Do you have questions about finding other Industrial 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.

