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Residential Lot in South Salem
For Sale
$175,000

3240 Cooke St S, Salem, OR 97302

LAND - Salem, OR

Property SizeContact for details
Lot Size0.31 Acres
Days on Market105

Property Features for 3240 Cooke St S

General Information

Property type Land
Property subtype Other
Zoning Residential
Subdivision LATHEN ADDITION IN SALEM
Lot features Cul-De-Sac, Lot: 7
View Territorial
Elementary school Candalaria
Middle school Leslie
High school South Salem
Directions Liberty Road S to Missouri Ave S, Left on Cooke St. S
Standard status Active
APN 320732
Lot size 0.31 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1498
Listing Agency: HOMESMART REALTY GROUP · HomeSmart International
Listed By: ROXANNE NOUD · License #201234816
Added: May 11 Changed: Jun 3 Last Checked: Aug 23 at 1:06AM
MLS# 840940

Copyright © 2026 Willamette Valley Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located in an established neighborhood in South Salem, this 0.31-acre lot presents a build opportunity. The property is situated close to schools, shopping, and amenities. Optional ready-to-submit building plans are available for a 2,472 sq. ft., single-story home featuring 4 bedrooms, 2 bathrooms, and a bonus room. The property is located in Salem, Oregon.

Key Highlights

  • Ready‑to‑submit building plans included for a 2,472 sq. ft., single‑story home (4 bed, 2 bath, bonus room).
  • .31‑acre lot in a quiet, established South Salem neighborhood.
  • Option to work with the seller, a licensed contractor, for building.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Big Box & Wholesale Store Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

873
Businesses Nearby

Demographics for 97302, OR

39,776
Population
17,888
Households
2.2
Avg Household Size
41
Median Age
43%
College-Educated
95%
High-School Grad
23.5 sq mi
ZIP Area
1,693
Density / Sq Mi
$83,697
Median Household Income
$44,623
Median Earnings
$1,230
Median Rent
$415,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - A .31-acre lot ready for your dream home.
Where is this land located?
The property is located at 3240 Cooke St S Salem, OR.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Ready‑to‑submit building plans included for a 2,472 sq. ft., single‑story home (4 bed, 2 bath, bonus room).; .31‑acre lot in a quiet, established South Salem neighborhood.; Option to work with the seller, a licensed contractor, for building.
More about this property
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