Listed by: Gary J Luckin · Century 21 JC Jones American Dream

$389,000
  • 41.25 acres

150 Illinois River Road, Selma, OR 97538

Est. $2,067/moPayment calculator
  • IndustrialHome type
  • 41.25 acresLot
  • NoneHOA

About this home

  • Listed Jan 17, 2026
  • 259 days on market
  • 29 photos

'This 41.25-acre multi-zone property borders Redwood Highway & Illinois River Rd. in the rural town of Selma. There are 2 tax accounts on this Lot, one for 2+ acres Zoned RI bordering Redwood Hwy, & one for 39.25 acres Zoned FC, bordering Illinois River Road. ... Redwood Hwy, also known as Hwy 199, is a primary & heavily traveled corridor to the Redwood Forests & Southern Oregon's Coast, giving this Lot additional commercial business opportunities. The interior 39.25 acres are mostly level consisting of rangeland, pasture, trees, native plants, and year-round Clear Creek running through making a natural privacy border from the Redwood Hwy portion. ... This is a Must-See property; the photos and description do not capture or convey the feel of the land you will get walking the property. This is a rare opportunity to own a large undeveloped multi-zoned parcel with business potential located by the core intersection of a rural town. ''Seller and Broker advise buyer to do Due Diligence.

Facts & features

Property

Lot size
41.25 acres
Subdivision
Selma, Original Townsite

View

  • Creek/Stream
  • Mountain(s)
  • Territorial

Construction

Home type
Industrial
Property type
Land

Utilities

Sewer & water

  • None
  • None water

Community & HOA

Subdivision
Selma, Original Townsite
HOA dues
None
County
Josephine

Financial & listing details

List price
$389,000
Annual property tax
$1,200
Date on market
Jan 17, 2026
Days on market
259
MLS#
220213927

Price & status history

DateEventPrice
Jan 17, 2026Listed for sale$389,000

Neighborhood

  • SubdivisionSelma, Original Townsite
  • CitySelma, OR 97538
  • CountyJosephine

Payment calculator

Estimated monthly payment

$2,067/mo

  • Principal & interest$1,967
  • Property taxes$100
  • Homeowners insurance$0
  • HOA dues$0

Loan amount $311,200 · 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.

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Listing provided by Century 21 JC Jones American Dream · Listing agent: Gary J Luckin

Source
MLS of Central Oregon
MLS#
220213927
Last updated
Feb 2, 2026 at 12:07 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.