Listed by: Paul J Terjeson · Keller Williams Realty Mid-Willamette

$340,000Price cut $50,000
  • 2 acres

0 55th Avenue, Salem, OR 97304

Est. $1,936/moPayment calculator
  • Residential LotsHome type
  • 2 acresLot
  • NoneHOA

About this home

  • Listed May 20, 2026
  • 136 days on market
  • 23 photos

Build your dream home on this 2-acre buildable lot in West Salem with water at street & septic approval already in place. Located with efficient access to Hwy 22, this gently sloping parcel offers beautiful valley & pastoral views from an ideal elevation. Nestled within an existing hazelnut orchard, the property provides options for added privacy or additional usable ground. Featuring rare Class I Willamette silty loam soils. Exceptional opportunity in one of the Valley's most desirable rural setting.

Facts & features

Property

Lot size
2 acres
Subdivision
N/A

View

  • Orchard
  • Territorial
  • Valley

Construction

Home type
Residential Lots
Property type
Land

Utilities

Sewer & water

  • Other
  • None water

Community & HOA

Subdivision
N/A
HOA dues
None
County
Polk

Financial & listing details

List price
$340,000
Original list price
$390,000
Annual property tax
$2,606
Date on market
May 20, 2026
Days on market
136
MLS#
220221748

Price & status history

DateEventPrice
May 20, 2026Listed for sale$390,000

Neighborhood

  • SubdivisionN/A
  • CitySalem, OR 97304
  • CountyPolk

Payment calculator

Estimated monthly payment

$1,936/mo

  • Principal & interest$1,719
  • Property taxes$217
  • Homeowners insurance$0
  • HOA dues$0

Loan amount $272,000 · 30-year fixed at 6.5%

Down payment
Loan term

An estimate for planning, not a loan offer. The 6.5% rate is an example; ask a lender for today’s rate. Taxes use the listing’s annual tax amount. Insurance is estimated; mortgage insurance is not included.

Similar homes

MLSCO

Listing provided by Keller Williams Realty Mid-Willamette · Listing agent: Paul J Terjeson

Source
MLS of Central Oregon
MLS#
220221748
Last updated
Aug 3, 2026 at 2:41 PM

Listing information is deemed reliable but not guaranteed and should be independently verified. Listings shown are for demonstration while our MLS of Central Oregon IDX feed is being set up.