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About the Listing 1045 - 20106
Presenting 310 McNary Ave NW,a multifamily redevelopment opportunity locatedin Salem, Oregon. The offering consists of an existingfour-unit multifamily property and an adjacent parkinglot situated across two tax lots, presenting investors anddevelopers with the opportunity to generate in-placeincome while exploring future development potential. Positioned on approximately 0.51 acres, the propertyoffers excess land that may support additionalmultifamily density, subject to buyer verification. Thesite benefits from its corner positioning, existing pavedparking field, and proximity to major commuter routes,neighborhood amenities, and employment centersthroughout Salem. With existing cash flow and long-term redevelopmentpotential, 310 McNary Ave NW presents a compellingopportunity to acquire a covered land play within anestablished residential submarket. Multiple offers received, all offers due 5pm Wednesday, 6/3/26.
Listing Highlights
Status
Active
Days on Site
2
Property Type
Multi-Family
MLS ®
841722
Year Built
1936
Total Square Footage
2,266
Lot/Acreage
0.51
County
Polk
Building Name
McNary
Neighborhood
West Salem
Area
60 NORTHWEST SALEM
Elementary School
Harritt
Middle School
Walker
High School
West Salem
Interior Details
- Bedrooms: 4
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $4,718
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Questions About..
310 McNary Ave NW Salem, OR 97034
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