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$499,900
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Property Description & Video
5198 Skyline Rd S, Salem, ORVideo Tour of 5198 Skyline Rd S, Salem, OR.
Set on nearly an acre in South Salem. This inviting single level home offers 3 bedrooms, 2 bathrooms, and nearly 2000 sqft of living space. City water and septic system. A second well for irrigation, perfect for maintaining the lush, mature landscaping. Towering fir, sequoia, and pine trees provide shade and privacy, while numerous fruit trees, raised garden beds, and established greenery create a serene, park like setting. The location is ideal for everyday living, with top rated schools, major medical offices, and public transit nearby, plus quick access to I5 and downtown Salem. Beyond the lifestyle appeal, this property offers exceptional long term value. Zoned MultiFamily Residential, it supports a range of development possibilities from duplexes, triplexes, and fourplexes to larger multi unit complexes, with potential density of up to 31 units per acre. Utilities are readily available with power and city water onsite, and sewer and stormwater nearby. Whether you choose to add income producing units, subdivide, or hold for future appreciation, this is a rare find combining comfort today with opportunity tomorrow.Please do not enter the property without an appointment.
Full Property Details
Full Property Details for 5198 Skyline Rd S
General
- Price: $499,900
- Taxes: $4,122 (2024)
- Status: Active
- Type: Single Family
- Source: WVMLS
- MLS ID: 827378
- Updated: 9/15/2025
- Added to Site: 284 day(s) ago
Interior
- Flooring: Carpet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Exterior
- Color: green
Parking
- Garage Description: Attached
Location
- County: SOUTH SALEM
- Driving Directions: W on Kuebler to Skyline Rd S
School Information
- Elementary School: Faye Wright
- Middle School: Judson
- High School: Sprague
Heating & Cooling
- Heating/Cooling: Gas, Baseboard, Zonal
- Water Heater: Electric
Utilities
- Water: City, Connected
Structural Information
- Roof: Composition
- Square Feet: 1,990
- Year Built: 1950
Lot Features
- Lot Size (Acres): 0.78
- Lot Size (Sq. Ft.): 33,977
- Zoning: RM2
- Lot Description: .
Financial Considerations
- Price Per Sq. Ft.: $251.21
- Assessment Year: 1950
- Tax Amount: $4,122
- Tax Year: 2024
Disclosures and Reports
- Lot Number: .
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Schools
Schools serving 5198 Skyline Rd S
School District:Salem-Keizer School District 24j
| Name | Grades | Distance |
|---|---|---|
Liberty Elementary School, Salem, OR 4871 Liberty Road South, Salem, OR 97306 | K-5 | 0.7 mi |
Crossler Middle School 1155 Davis Road South, Salem, OR 97306 | 6-8 | 0.6 mi |
Sprague High School, Salem, OR 2373 Kuebler Boulevard, Salem, OR 97302 | 9-12 | 0.5 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 5198 Skyline Rd S
Date
Details
Price
Change
Source
9/15/2025
Price Reduced
$499,900
-5.66%
MLS
8/08/2025
Price Reduced
$529,900
-1.85%
MLS
5/20/2025
Price Reduced
$539,900
-1.84%
MLS
4/11/2025
Listed
$550,000
—
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 5198 Skyline Rd S
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,122
3%
$209,940
3%
2023
$4,001
6%
$203,830
6%
2021
$3,778
-3%
$192,140
-3%
2022
$3,889
6%
$197,900
6%
2020
$3,668
7%
$186,550
3%
2019
$3,432
-2%
$181,120
3%
2018
$3,493
11%
$175,850
3%
2017
$3,153
5%
$170,730
3%
2016
$3,003
-1%
$165,760
3%
2015
$3,026
3%
$160,940
3%
2014
$2,928
2%
$156,260
3%
2013
$2,868
—
$151,710
—
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 5198 Skyline Rd S
5198 Skyline Rd S, Salem, OR 97306 (MLS# 827378) is a Single Family property with 3 bedrooms and 2 full bathrooms. 5198 Skyline Rd S is currently listed for $499,900 and was received on April 11, 2025. Want to learn more about 5198 Skyline Rd S? 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.

