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1355 Wallace NW Rd, Salem, OR 97304

$409,000
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Property Description

DUAL LIVING OPPORTUNITY with separate ADU. This single level home has so much to offer with a huge .45 acre lot with room for additional units. Finished ADU with kitchenette, bathroom & bedroom area offer additional income potential. Property has incredible views to the East mountain ranges & downtown Salem. Looking for an Investment? Buyer to do due diligence on redevelopment opportunities, but could work well for someone wanting affordable living convenient to Salem with room to grow & main level living.

1355 Wallace NW Rd | MLS# 774225357

This single family home located at 1355 Wallace NW Rd, Salem, OR 97304 is currently listed for sale with an asking price of $409,000. This property was built in 1956 and has 3 bedrooms and 1 full and 1 partial baths with 1661 sq. ft. Search Salem real estate on dennyosborn.bendpremierrealestate.com today.

New to the Market
BEDS3 BATHS1 full 1 partial SQUARE FEET1,661 MLS#774225357
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Property Features

Property Type: Residential - Single Family
Cooling: Central Air
Fireplaces: 2
Fuel Type: Electricity
Garage: 2 car attached
Heating: Forced Air
Home Style: 1 Story
Lot Size: 0.45 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $4,568
Year Built: 1956
Square Feet: 1,661

Feature Descriptions

Bathroom: 1.1 (Main)
Exterior: Board & Batten Siding
Exterior: Patio, RV-Boat Storage
Fireplace: Wood Burning
Hot Water: Electricity
Interior: Laminate Flooring
Kitchen: Dishwasher, Disposal, Free-Standing Range
Parking Notes: Attached
Sewer: Public Sewer
Special View Info: Mountain
Square Footage: 1661 (Main)
Water: Public Water

Local Schools

High School: West Salem
Middle School: Walker
Elementary School: Harritt

Listed By / Shown By

Listed By

Agency Name: Paramount Real Estate Services
Agency Phone: 503-385-1518

Shown By

Agent Name: Denny Osborn, Broker
Agent Phone: (541) 771-1578
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 2,568.08 per month $2,068.13 Principal & Interest $380.67 Property Tax $119.29 Homeowner's Insurance

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Denny Osborn, Broker
Denny Osborn, Broker Office: (541) 323-2779 Cell: (541) 771-1578 Email Me
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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/21/2026. The listing information on this page last changed on 04/21/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 04/21/2026 12:01:03 AM EST) or RMLS (last updated Mon 04/20/2026 11:58:16 PM EST) or COAR/MLSCO (last updated Mon 04/20/2026 11:51:17 PM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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