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$1,100,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Full Baths
  • 1,852 Sq. Ft.
  • Updated 8 hours ago

Listed By: JOSE. GONZALEZ | Tu Casa Corporation | (503) 851-6582 | Agent: 503-851-6582

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**10 Acre Waterfront Property :) with Two Homes!** A unique opportunity for the right buyer. Hobby Farm, Multigenerational Living, Riverfront Retreat, Agricultural Business or Investment Income. So many possibilities on this special property! Whatever you choose, enjoy the peace and quiet of your own riverfront escape while watching the Willamette River flow by. Welcome Home!

Full Property Details for 5454 Wallace Rd NW

General

  • Price: $1,100,000
  • Taxes: $2,255 (2025)
  • Status: Active
  • Type: Single Family
  • Source: WVMLS
  • MLS ID: 844859
  • Updated: Today (8/21/2026)
  • Added to Site: Today

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Exterior

  • Color: White

Parking

  • Garage Description: Carport

Location

  • County: NORTHWEST SALEM
  • Driving Directions: North on Wallace, the driveway is not super visible, slow down as you approach and you will see my sign

School Information

  • Elementary School: Brush College
  • Middle School: Straub
  • High School: West Salem

Heating & Cooling

  • Water Heater: Electric

Utilities

  • Water: Well

Structural Information

  • Basement Desc.: Full
  • Square Feet: 1,852
  • Year Built: 1937

Lot Features

  • Lot Size (Acres): 10
  • Zoning: EFU
  • Lot Description: M&B

Financial Considerations

  • Price Per Sq. Ft.: $593.95
  • Price Per Acre: $110,000
  • Assessment Year: 1937
  • Tax Amount: $2,255
  • Tax Year: 2025

Disclosures and Reports

  • Lot Number: M&B

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NMLS#: 1598647

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Schools serving 5454 Wallace Rd NW

School District:Salem-Keizer School District 24j
NameGradesDistance
Brush College Elementary School
2623 Doaks Ferry Road Northwest, Salem, OR 97304
K-52.8 mi
Straub Middle School
1920 Wilmington Avenue Northwest, Salem, OR 97304
6-83.5 mi
West Salem High School
1776 Titan Drive Northwest, Salem, OR 97304
9-123.7 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 5454 Wallace Rd NW Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/21/2026
Listed
$1,100,000
53.04%
MLS
6/13/2023
Sold
$718,750
—
Public Record
Get Price Alerts and Save Property
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 for 5454 Wallace Rd NW

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,956
3%
$177,600
3%
2024
$1,899
—
$172,430
3%
2024
$1,899
2%
$167,410
3%
2023
$1,855
4%
$162,540
3%
2022
$1,789
3%
$157,810
3%
2021
$1,732
—
$153,220
3%
2021
$1,732
7%
$148,760
3%
2019
$1,620
2%
$144,430
3%
2018
$1,591
16%
$140,230
3%
2017
$1,377
1%
$136,150
3%
2016
$1,369
-2%
$132,190
3%
2015
$1,401
6%
$128,340
3%
2014
$1,320
1%
$124,610
3%
2013
$1,302
—
$120,990
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Price Reduced near 5454 Wallace Rd NW

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5454 Wallace Rd NW, Salem, OR 97304 (MLS# 844859) is a Single Family property with 0 bedrooms and 3 full bathrooms. 5454 Wallace Rd NW is currently listed for $1,100,000 and was received on August 21, 2026. Want to learn more about 5454 Wallace Rd NW? 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.

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