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Listed by MARK SHADRIN • BERKSHIRE HATHAWAY HOMESERVICES R E PROF • Cell: 503-983-4405

$ 199,000

Est. payment -/mo

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274 Senate St NW NW Salem, OR 97304

2 Beds

1 Bath

610 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Residence

Listing Status Active

Purchase Type For Sale

Square Footage 610 sqft

Price per Sqft $326

Subdivision Kingwood Park

MLS Listing ID 829516

Bedrooms 2

Full Baths 1

Year Built 1910

Annual Tax Amount $1,436

Tax Year 2025

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Residence

Property Description

Investor alert! Endless Potential in Prime Location. This 2 bedroom, 1 bath cottage sits on a generous 5,550 square foot corner lot and offers multiple paths for upside. While the 610 square foot home needs work, it is priced accordingly and positioned to one end of the lot, making it an ideal opportunity for redevelopment or expansion. Options include renovating the existing home and enjoying a large private yard, adding one or two additional units, or starting fresh with new construction. Located in a highly walkable area near shopping, parks, and transit, this property offers strong rental demand and long term appreciation potential. Do not miss this value add opportunity in a location that supports both creativity and returns.

Location

State OR

County Polk

Area 60 Northwest Salem

Rooms

Primary Bedroom Level 1/Main

Dining Room Area (Combination)

Interior

Hot Water Electric

Heating Electric

Cooling Electric

Flooring Tile, Vinyl, Wood

Exterior

Parking Features None

Fence Partial

Roof Type Composition

Garage No

Building

New Construction No

Schools

Middle Schools Walker

High Schools West Salem

Others

Senior Community No

Acceptable Financing Cash

Listing Terms Cash

Lauren Gesik | HomeSmart Realty Group

Agent | License ID: 201210033

+1(503) 559-6376 | homewithlauren@gmail.com