24940 Wallace Rd NW, Salem, OR 97101
OFF MARKET

$36,764

Tax assessed value
  • 504 sqft (on 3.84 acres)

24940 Wallace Rd NW, Salem, OR 97101

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
24615 Wallace Rd NW, Salem, OR
0.60
Lot/Land
$250,000
10/30/25
-
-
Jerusalem Hill Rd NW, Salem, OR
1.25
Lot/Land
$395,000
09/02/26
-
-
16445 SE Fairview Rd, Dayton, OR
3.42
Lot/Land
$475,000
06/04/26
-
-
Wheatland Parcel 63w23ac00800 Dr, Salem, OR
4.11
Lot/Land
$30,000
12/09/25
-
-
7652 2nd Ave N, Keizer, OR
4.32
Lot/Land
$150,000
10/02/25
-
-
4995 Zena Rd NW, Salem, OR
4.85
Lot/Land
$400,000
11/05/25
-
-
6255 McLeod Ln NE, Keizer, OR
5.90
Lot/Land
$860,000
12/19/25
-
-
3372 River Bend Rd NW, Salem, OR
6.97
Lot/Land
$8,500,000
05/29/26
-
-
3985 Pleasant View Dr NE, Keizer, OR
7.37
Lot/Land
$375,000
02/13/26
-
-
4762 Lancaster Dr NE, Salem, OR
7.65
Lot/Land
$190,000
07/08/26
-
-

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
25075 Wallace Rd NW, Salem, OR 97304
0.43
$535,400
3
2
1,681
Off Market
24925 Wallace Rd NW, Salem, OR 97304
0.45
$586,500
3
2
2,588
Off Market
24855 Wallace Rd NW, Salem, OR 97304
0.47
$527,900
4
2
1,382
Off Market
24775 Wallace Rd NW, Salem, OR 97304
0.50
$606,900
3
2
2,039
Off Market
24615 Wallace Rd NW, Salem, OR 97304
0.60
-
-
-
-
Off Market
SE Wallace Rd, Salem, OR 97304
0.73
-
-
-
-
Off Market
3065 NW Lone Star Rd, Salem, OR 97304
0.92
-
-
-
-
Off Market
3098 NW Sea Eagle Ct, Salem, OR 97304
1.13
$495,400
3
2
1,674
Off Market
37 Place, Salem, OR 97304
1.13
-
-
-
-
Off Market
Jerusalem Hill Rd NW, Salem, OR 97304
1.25
$395,000
-
-
-
Recently Sold
22600 Hopewell Rd NW, Salem, OR 97304
1.33
$529,500
3
2
1,966
Off Market
13600 McKinley Ln NW, Salem, OR 97304
1.45
$549,000
3
2
1,520
Recently Sold

Homes for rent near 24940 Wallace Rd NW

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Local Information

  • Map ViewExplore the area around 24940 Wallace Rd NW.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Lot/Land
Built in 1977
3.84 acre lot
504 sqft

About this House

For Sale or Lease. M-2 General Industrial Zoning provides a wide variety of uses. Fully fenced, partially paved with remaining area in rock. Added value with a long-term cellular tower lease. Ideal for mini-storage, yard staging area, or owner/user build. Rear of property fronts Hwy 18 but has no access to it.
24940 Wallace Rd NW, Salem, OR 97101 is a 504 sqft lot/land built in 1977. This property is not currently displayed as for sale or rent on Trulia.

Home Details for 24940 Wallace Rd NW

Exterior Features

Exterior Home Features
Roof: Other

Property Information

Year Built
Year Built: 1977
Property Type / Style
Property Type: Lot LandArchitecture: Other

Lot Information

Lot Area: 3.84 acres

Price and Tax history

DateEventPrice
Jun 20, 2016
Source: Agent Provided
ListingRemoved
$699,000
Jan 22, 2016
Source: Agent Provided
Listed For Sale
$699,000
Oct 7, 2015
Source: Agent Provided
ListingRemoved
$795,000
Jun 7, 2014
Source: Agent Provided
Listed For Sale
$795,000
Dec 14, 2013
Source: Agent Provided
ListingRemoved
$836,350

Market trends in Salem

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$436K
$8KMoM
Sale-to-List Price
100.0%
Price per sq ft
$276
$2MoM
Available listings
887
49MoM

Around this home

What Locals Say about Salem

At least 1137 Trulia users voted on each feature.

  • 86 % Say it's dog friendly

  • 83 % Say there are sidewalks

  • 81 % Say car is needed

  • 77 % Say parking is easy

  • 76 % Say yards are well-kept

  • 73 % Say there's holiday spirit

  • 70 % Say kids play outside

  • 59 % Say it's walkable to grocery stores

  • 55 % Say it's quiet

  • 55 % Say people would walk alone at night

  • 54 % Say streets are well-lit

  • 52 % Say it's walkable to restaurants

  • 50 % Say neighbors are friendly

  • 50 % Say they plan to stay for at least 5 years

  • 41 % Say there's wildlife

  • 23 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "We have a street BBQ and potluck each year in August. All neighbors are invited. So much fun and a good way to meet any new neighbors . "
    0
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  • Arctic
    "Lots of noise from the train tracks and loud vehicles on River Road. The train horn at 1:00A - 5:00A is really bad, especially on weekends "
    0
    Flag
  • Hmy6bcjtgr
    "Urban environment without urban conveniences. "
    0
    Flag
  • Matthewdavisdpt
    "There are a lot of dog parks and tons of people that have dogs and tons of dog grooming services and there is lots of vet services"
    0
    Flag
  • Veeda.e.h
    "Not too bad easy access for a bus stop on the main road quick short walk to the bus stop. !!! 5 min walk!!!! "
    0
    Flag
  • Rodmlan
    "I am close to the stores, school and my work. Where i live is really quiet and not much noise or break ins"
    0
    Flag
  • Matthewdavisdpt
    "We have fun school events basketball, football, soccer, baseball, graduation, plays, comic shows, plays and lots of churches with active charity"
    0
    Flag
  • Matthewdavisdpt
    "You see people walking their dogs all the time, dogs are always welcome here, just clean up your dog pooo"
    0
    Flag
  • Andrea
    "We live in the country so not a lot of dog walking. Dogs play on their own property. Most people have animals."
    0
    Flag
  • Mohamedamen Mohamed
    "Safe and great side walk, quite and peaceful, great schools high and elementary school in the area. "
    0
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  • Tilly R
    "Some valentines events but there’s usually not many it seems people just keep to themselves here because they are older and don’t want to interact with anybody"
    0
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  • Melissa Medina
    "I have lived in this same neighborhood since I was 6. I have gone to the same schools around here as my kids. Great memories!"
    1
    Flag
  • Mtp8cp42jn
    "Great place to raise children. Well manicured gardens and lawns. Dog friendly. Very cute. Very nice, newer houses"
    0
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  • Pdxduck
    "I drive 17 minutes to and from work. I live in West Salem and work in Amity, Oregon. I work for a Willamette Valley winery."
    0
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  • Haley Kjemperud
    "Dog park for the hoa members. Paved areas, lots of paths... That’s all I have to say about it but it’s "
    0
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  • Rae C.
    "People walk their dogs often in the area and are welcomed by most. Most people in the area are dog owners."
    0
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  • Amberly Sowers
    "There’s a nice large all-ages park nearby. But I hear police cars all the time and people drive so fast along the large stretch of road"
    0
    Flag
  • Cassia Ouderkirk
    "Neighbors watch out for each other. Very friendly and supportive. I love living here now for 5 months"
    0
    Flag
  • Mike Bernard
    "Just at the edge of city limits so we get deer and other wildlife in the neighborhood. It is a well established neighborhood with good neighbors. "
    1
    Flag
  • Brenda
    "You need to be diligent about random people walking around or parking suspiciously late at night. But for the most part, it’s 70% safe. "
    0
    Flag
  • Brenda
    "It’s a working class neighborhood- if you’re from here you feel safe. The houses are much much older than others."
    0
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  • Brenda Lynn
    "It’s a working class neighborhood with good people. Although the houses aren’t classified as desirable compared to others, the home owners are very friendly and do their best to maintain their yards. Their homes. It’s very common to see them walk their dogs & greet one another. "
    1
    Flag
  • Carissa Grambusch
    "Our neighbors are awesome! We are all one big neighborhood family. Everyone works together to make it a better place. "
    1
    Flag
  • Shelly Love
    "Very quiet and well maintained by residents. Neighbors look out for one another. Yards are maintained and most homes follow parking rules with an occasional offender."
    0
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  • Billy Liebertz
    "We have great dog parks.and pet stores in the area that have all pet needs. People are very friendly and pick up after their dogs "
    1
    Flag
  • Dina Young
    "It’s a generally quiet safe neighborhood with many families and very dog friendly. Not far from shopping and restaurants "
    0
    Flag
  • Bunds831
    "Idk I was a passenger and was not driving myself . It seems to be easily navigated though easy on and off of the freeways "
    2
    Flag
  • Trulia User
    "Stay safe out there always this is a good neighborhood but you can never be to careful! I would recommend "
    1
    Flag
  • Trulia User
    "A car is needed. Public transportation is a few blocks away from the house. The bridge to west Salem is not much of a problem even at the height of rush hour "
    0
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  • Trulia User
    "I’m retired now but there is a ton of traffic on commute from West Salem to out south Salem. We need a second bridge. "
    0
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  • Trulia User
    "My neighborhood is close to everything and I liked because the people is friendly. I would like to move because I need more space "
    1
    Flag
  • Trulia User
    "Low crime rate area, safe for kids to play outside. People are friendly and family oriented. Pick up after their pets and have them leashed when necessary "
    1
    Flag
  • S.Young
    "Great public transportation ! Close to shopping. Watch children closely if you live on Lancaster. Close to school K-6. "
    0
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  • Trulia User
    "There are no community events. The fire stations do toy drives around the holidays and that’s really it, the shootings and the homeless population make it hard to want to go outside of your home "
    2
    Flag
  • Trulia User
    "Nice community to live in. Schools and parks are near by. I do not have children living in the neighborhood."
    0
    Flag
  • Trulia User
    "the area is up in coming... some not so great steets but plenty of good ones in between. very busy cross street "
    0
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  • Barry R.
    "We all join in on July 4th weekend activities, we are the fun neighborhood ......................we are family neighborhood watch participants "
    1
    Flag
  • Carissa G.
    "we have two ice cream trucks! the kids love it! tip, if you buy the ice cream from the white truck they are nice and polite."
    1
    Flag
  • Hockeybum
    "Great neighborhood to live in and I have owned two homes here and would highly recommend it to others."
    2
    Flag
  • Jennyfairlight
    "We have a community garden, a Fourth of July kid’s parade, and every Halloween the is full of trick or treaters and neighbors passing out candy. The neighborhood has provided great community for us."
    1
    Flag

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Off Market Homes Near 24940 Wallace Rd NW

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Homes for sale near 24940 Wallace Rd NW

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