SOLD | 3.4 Acres Wallace Rd NW, Salem

Details
Acres3.40
Price$425,000
ZonedRM2
map

Price Reduced!  3.4 Acres Zoned RM2. Two tax lots #575143 consisting of 2.54 Acres and #575144 consisting of 0.86 Acres. RM2 Zone allows for multi family development up to 28 units / acre (subject to City of Salem approval). Seller has current plans for 42 units on tax lot #575143. Buyer to complete all due diligence on potential development.

SMI Real Estate, Jordan Sparks, Broker Licensed in the State of Oregon represented the Buyer and Seller in this transaction.

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