$259,900

800 Oakhill Av SE, Salem, OR 97302

1 bed |
1 bath |
582 sqft

Single-Family Home
Built in 1946
6,534sqft lot
—— car garage
$447/sqft
Listed 1 month ago

Property Description

Positioned just three properties off Commercial St SE, this 1 bed, 1 bath, 582 sq ft single-level home offers exceptional flexibility. Ideal for a first-time buyer building equity, an investor seeking a manageable rental, or a developer exploring middle housing potential. Set on a 6,695 sq ft (65x134) lot and situated toward the northwest corner of the parcel, the existing home leaves substantial open area for future possibilities. Zoned RS and directly adjacent to MU-III, the site invites your vision for additional cottages or redevelopment such as a triplex. The lot configuration provides valuable optionality without overpaying for excess improvements. The home is clean and functional with new carpet in 2025, plus refrigerator, washer, and dryer included. A fenced front yard, ample parking, and a single-level layout enhance everyday livability. Low property taxes of $1,685 per year add to the appeal, with projected rents of $1300 monthly for immediate cash flow while you work toward your long term plans. Located within the Morningside Elementary, Leslie Middle, and South Salem High school boundaries and near major services and transportation corridors, this is a strong South Salem location. Priced accordingly for condition and upside, it’s an affordable entry point with room to grow. Do not let this one slip by… you can live in it, lease it, or reimagine the site.

Listing Status:: Active
Data Last Updated:: April 4, 2026 at 10:45PM
Listing Office:: BERKSHIRE HATHAWAY HOMESERVICES R E PROF : 503-371-3013
Listing Agent:: MARK SHADRIN : 503-983-4405
MLS ID:: 838190

Appliances: Electric Water HeaterRange Included
Flooring: CarpetVinyl
Heating: Baseboard

General: CreamRV/Boat StorageShed(s)
Other Structures: RV/Boat StorageShed(s)
Parking: No Garage

Roofing: Composition
General: CompositeShingle Siding

Originating MLS: Black Knight 2 - Willamette Valley Multiple Listing Service
County: Marion

View: Territorial
Fencing: Partial

Utilities: Water Connected
Water: Public
Sewer: Public Sewer

Source: Black Knight 2 - Willamette Valley Multiple Listing Service

This listing courtesy of MARK SHADRIN , BERKSHIRE HATHAWAY HOMESERVICES R E PROF

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Morningside Elementary School

3513 12th St SE, Salem, OR, 97302

Grades KG-5

0.42 miles away

Leslie Middle School

3850 Pringle Rd SE, Salem, OR, 97302

Grades 6-8

0.70 miles away

South Salem High School

1910 Church St SE, Salem, OR, 97302

Grades 9-12

1.54 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.