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Michigan City Ln Nw, Salem, OR 97304 — photograph 1

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Michigan City Ln Nw, Salem, OR 97304 — photograph 1
19.67 Acres

Salem

$390,000

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ActiveMLS®: 275204430Listing held by another brokerage, marked RMLS
Lot size
19.67 acres
Property type
Land
Days on market
135

Overview

EFU-designated farmland offering level, usable acreage with easy access from a paved road. The property is fully fenced and located adjacent to the city limits, providing both rural privacy and proximity to town amenities. Ideal for agricultural use, livestock, or long-term land investment. Buyer to perform their own due diligence regarding permitted uses and potential best use under EFU zoning.

Details

Interior

Cooling
No
Heating
No

Exterior and lot

Lot size
19.67 acres
Lot features
Cleared, Pasture
View
Yes
View description
Mountain, Territorial

Schools

High school
West Salem
Middle school
Straub
Elementary school
Brush College

Location

City
Salem
County
Polk
Zoning
EFU

Taxes and dues

Annual taxes
$196 (2025)

Location

Michigan City Ln Nw, Salem, OR 97304

Map showing the location of Michigan City Ln Nw, Salem, OR 97304
© Mapbox © OpenStreetMap

Monthly payment estimate

$2,092 /mo

20% · $78,000
7.00%
Principal and interest
$2,076
Property tax (2025)
$16
Total
$2,092

Estimate only, and not an offer of credit. Assumes 20% down ($78,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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