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2557 Hummingbird St NE, Salem, OR 97301 — photograph 1

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2557 Hummingbird St NE, Salem, OR 97301 — photograph 1
6.94 Acres

2557 Hummingbird St NE, Salem

$1,200,000

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ActiveMLS®: 641764639Listing held by another brokerage, marked RMLS
Lot size
6.94 acres
Property type
Land
Days on market
425

Overview

Prime development site in Salem, zoned MUIII for high-density mixed-use. Located near I-5, bus lines, schools, shopping, and residential areas, offering strong growth potential. Rare opportunity for investors or developers to build in a rapidly expanding market. Dense with fir trees, possible value in timber. Buyer to do due diligence on approved uses and timber value.

Details

Interior

Cooling
No
Heating
No

Exterior and lot

Lot size
6.94 acres
Lot features
Seasonal, Stream, Wooded
View
Yes
View description
Trees / Woods

Schools

High school
McKay
Middle school
Waldo
Elementary school
Hallman

Location

City
Salem
County
Marion
Zoning
MUIII

Taxes and dues

Annual taxes
$8,135 (2024)

Location

2557 Hummingbird St NE, Salem, OR 97301

Map showing the location of 2557 Hummingbird St NE, Salem, OR 97301
© Mapbox © OpenStreetMap

Monthly payment estimate

$7,065 /mo

20% · $240,000
7.00%
Principal and interest
$6,387
Property tax (2024)
$678
Total
$7,065

Estimate only, and not an offer of credit. Assumes 20% down ($240,000) 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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