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Listed by STEVE ODERMANN • LUXE FORBES GLOBAL PROPERTIES • 971-275-5657
$570,000
Est. payment /mo
4 Beds
4 Baths
2,266 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,266 sqft
Price per Sqft $251
Subdivision West Salem
MLS Listing ID 841722
Bedrooms 4
Year Built 1936
Annual Tax Amount $4,718
Tax Year 2025
Lot Size 0.510 Acres
Acres 0.51
Property Sub-Type Duplex
Property Description
Presenting 310 McNary Ave NW,a multifamily redevelopment opportunity locatedin Salem, Oregon. The offering consists of an existingfour-unit multifamily property and an adjacent parkinglot situated across two tax lots, presenting investors anddevelopers with the opportunity to generate in-placeincome while exploring future development potential. Positioned on approximately 0.51 acres, the propertyoffers excess land that may support additionalmultifamily density, subject to buyer verification. Thesite benefits from its corner positioning, existing pavedparking field, and proximity to major commuter routes,neighborhood amenities, and employment centersthroughout Salem. With existing cash flow and long-term redevelopmentpotential, 310 McNary Ave NW presents a compellingopportunity to acquire a covered land play within anestablished residential submarket. Multiple offers received, all offers due 5pm Wednesday, 6/3/26.
Location
State OR
County Polk
Area 60 Northwest Salem
Rooms
Basement Unfinished
Building
New Construction No
Schools
Elementary Schools Harritt
Middle Schools Walker
High Schools West Salem
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Jesse Richter
REALTOR® | Knipe Realty ERA Powered | Lic# 201246341