Description
Property Zoned MU-III with both residential and commercial potential, this beautifully updated home offers versatile space—perfect for a residence, home-based business, or live/work setup.The main level showcases a stylishly updated kitchen with a gas range, spacious living and family rooms, and two bedrooms. The finished basement with private entrance and full bath provides endless possibilities: guest suite, rental, office, or studio. Enjoy the convenience of ample off-street paved parking (no garage needed), plus a 0.32-acre lot situated between Commercial St and Liberty Rd—close to shopping, schools, and downtown Salem. Recent upgrades include a new HVAC system, deck, appliances (all less than 2 years old), and a storage shed on a concrete pad.The MU-III zone encourages vibrant infill development, supporting retail, office, commercial services, and multi-family residential uses while promoting pedestrian-friendly access.Don’t miss this unique and versatile gem in the heart of South Salem!
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5BEDS
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0.32ACRES
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2BATHS
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01/2 BATHS
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2,330SQFT
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$236$/SQFT
Description
Property Zoned MU-III with both residential and commercial potential, this beautifully updated home offers versatile space—perfect for a residence, home-based business, or live/work setup.The main level showcases a stylishly updated kitchen with a gas range, spacious living and family rooms, and two bedrooms. The finished basement with private entrance and full bath provides endless possibilities: guest suite, rental, office, or studio. Enjoy the convenience of ample off-street paved parking (no garage needed), plus a 0.32-acre lot situated between Commercial St and Liberty Rd—close to shopping, schools, and downtown Salem. Recent upgrades include a new HVAC system, deck, appliances (all less than 2 years old), and a storage shed on a concrete pad.The MU-III zone encourages vibrant infill development, supporting retail, office, commercial services, and multi-family residential uses while promoting pedestrian-friendly access.Don’t miss this unique and versatile gem in the heart of South Salem!
© 2026 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2026-02-18T00:08:40.627.