Multi-Family Development
For Sale
Contact for pricing
Pending
2345 Brush College Rd NW, Salem, OR 97304
Residential development lot with existing well and septic, positioned for a potential 60-unit multi-family project.
Property SizeContact for details
Days on Market133
Property Features for 2345 Brush College Rd NW
General Information
Standard status
Pending
Property subtype
Land
Listing Agency:
CROWN REAL ESTATE GROUP
Listed By:
Craig Evans · License #OR
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Apr 11 at 2:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CROWN REAL ESTATE GROUP
Investment Insights
Based on property information with market context.
This development land parcel was previously improved as a residential single-family home, and the owner has removed the home. The well and septic are reported to remain on site. Documentation includes survey information, a draft multi-family site plan, and the Salem MU-1 development code, with buyer to complete their own due diligence regarding intended use and development feasibility.
The property is described as being in an excellent West Salem location and is adjacent to Brush College Elementary school. A zone change to MU-1 by the City of Salem is anticipated by the end of August '22, subject to finalization.
The stated concept is potential multi-family development up to 60 units, subject to the final zoning outcome and any approvals required. An accepted offer is in place with contingencies, and prospective buyers should review the associated development materials in full.
The property is described as being in an excellent West Salem location and is adjacent to Brush College Elementary school. A zone change to MU-1 by the City of Salem is anticipated by the end of August '22, subject to finalization.
The stated concept is potential multi-family development up to 60 units, subject to the final zoning outcome and any approvals required. An accepted offer is in place with contingencies, and prospective buyers should review the associated development materials in full.
Key Highlights
- Potential 60‑unit multi‑family development site in West Salem (buyer to verify development potential).
- Adjacent to Brush College Elementary school.
- Zone change to MU‑1 by the City of Salem was anticipated by end of August 2022 (subject to finalization).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
90
Businesses Nearby
Explore this area
Business Placement
Demographics for 97304, OR
34,102
Population
14,547
Households
2.3
Avg Household Size
40
Median Age
39%
College-Educated
93%
High-School Grad
56.8 sq mi
ZIP Area
600
Density / Sq Mi
$91,731
Median Household Income
$53,370
Median Earnings
$1,441
Median Rent
$469,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Residential development lot with existing well and septic, positioned for a potential 60-unit multi-family project.
Where is this residential land & home lot located?
The property is located at 2345 Brush College Rd NW Salem, OR.
What are key features of this property?
This property features: Potential 60‑unit multi‑family development site in West Salem (buyer to verify development potential).; Adjacent to Brush College Elementary school.; Zone change to MU‑1 by the City of Salem was anticipated by end of August 2022 (subject to finalization).
