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    857 Hoffman Rd Salem, OR 97301

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    For Sale
    $120,000

    Move-in ready 3 bed, 2 bath home with ample storage.

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Charming Home with Large Lot

    This charming home features 3 bedrooms and 2 bathrooms. The property is move-in ready and offers comfort, space, and convenience. Situated on a large lot with room for gardening, the property includes multiple sheds suitable for storage. The residence provides serene, low-maintenance living.
    Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Spa & Massage Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness Daycare Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -122.9618813
    Latitude
    44.9414839

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    FAQs

    What type of property is this?
    Single family property - Move-in ready 3 bed, 2 bath home with ample storage.
    Where is this single family property located?
    The property is located at 857 Hoffman Rd Salem, OR.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: - Move-in ready condition.; - Featuring 3 bedrooms and 2 bathrooms.; - Large lot with gardening space.
    Request Owner's contact information
    857 Hoffman Rd Salem, OR 97301
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    857 Hoffman Rd
    Salem, OR 97301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    857 Hoffman Rd Salem, OR 97301
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