540 Waldo Ave SE, Salem, OR 97302
OFF MARKET

540 Waldo Ave SE
Salem, OR 97302

South Central

    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
    0.30
    Lot/Land
    $314,310
    01/29/26
    -
    -
    0.55
    Lot/Land
    $120,000
    07/02/26
    -
    -
    0.84
    Lot/Land
    $151,000
    02/03/26
    -
    -
    0.69
    Lot/Land
    $795,000
    08/22/25
    -
    -
    0.85
    Lot/Land
    $750,000
    04/14/26
    -
    -
    1.50
    Lot/Land
    $185,000
    05/11/26
    -
    -
    1.56
    Lot/Land
    $123,000
    10/17/25
    -
    -
    1.83
    Lot/Land
    $135,000
    10/10/25
    -
    -
    1.87
    Lot/Land
    $159,000
    10/17/25
    -
    -
    2.34
    Lot/Land
    $50,000
    07/02/26
    -
    -

    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
    0.11
    $599,900
    4
    2.5
    2,298
    Recently Sold
    0.06
    $479,000
    4
    2
    2,016
    Recently Sold
    0.11
    $457,000
    3
    2
    2,427
    Off Market
    0.11
    $515,800
    4
    2
    3,975
    Off Market
    0.13
    $748,300
    4
    2.5
    3,678
    Off Market
    0.08
    $384,900
    2
    2
    1,350
    For Sale
    0.08
    $368,000
    2
    2
    1,310
    Recently Sold
    0.14
    $435,100
    3
    1
    1,380
    Off Market
    0.11
    $405,300
    3
    1
    1,540
    Off Market
    0.13
    $460,900
    3
    2
    2,226
    Off Market
    0.12
    $330,000
    3
    1
    1,605
    Recently Sold
    0.13
    $292,000
    2
    1
    804
    Recently Sold

    Local Information

    • Map ViewExplore the area around 540 Waldo Ave SE.
    • Schools1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Home Highlights

    Property Type
    Lot/Land

    About this House

    This lot/land is located at 540 Waldo Ave SE, Salem, OR. 540 Waldo Ave SE is in the South Central neighborhood in Salem, OR and in ZIP code 97302. This property has a lot size of 10019 sqft.
    540 Waldo Ave SE, Salem, OR 97302 is a lot/land in South Central. It is currently off market. The Trulia Estimate rent is $1,487/month.

    Home Details for 540 Waldo Ave SE

    Property Information

    Property Type / Style
    Property Type: Lot Land

    Lot Information

    Lot Area: 10019 sqft

    Price and Tax history

    YearProperty taxTax assessment
    2025
    $346
    $84,750
    Home facts updated by county records

    Market trends in Salem

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

    Neighborhood stats provided by third party data sources.

    What Locals Say about South Central

    At least 17 Trulia users voted on each feature.
    • 89 % Say parking is easy

    • 86 % Say it's dog friendly

    • 81 % Say car is needed

    • 80 % Say there are sidewalks

    • 77 % Say yards are well-kept

    • 67 % Say kids play outside

    • 64 % Say it's walkable to restaurants

    • 64 % Say there's holiday spirit

    • 56 % Say they plan to stay for at least 5 years

    • 55 % Say streets are well-lit

    • 52 % Say people would walk alone at night

    • 50 % Say neighbors are friendly

    • 48 % Say there's wildlife

    • 43 % Say it's walkable to grocery stores

    • 38 % Say it's quiet

    • 35 % Say there are community events

    Sourced by Trulia users. Learn more about our methodology.
    • Jeff Tegner
      "Grew up in the area. Very safe and clean. Excellent schools and good roads. Low crime and dependable power. "
    • Trulia User
      "i've lived in this area for over three years, its a nice area, within walking distance to parks and some restaurants. its close to downtown shops and mall."
    • Daisypjs
      "Wonderful place to live - family friendly and even though we live close to a high school traffic is manageable"
    • Daisypjs
      "You see neighbors involved in their property management. We all acknowledge each other. People walking their dogs, kids walking home from school. "
    • Wkdenney
      "Its not really the events that do it, we just have good neighbors. For the most part anyway. Except for ugly naked guy and the incessant pot smoking "
    • Wkdenney
      "We have neighborhood picnics for our street about twice each year. We have excellent neighbors and we all look out for each other."
    • Dansky3795
      "Great school district, lots of parks, and easy to get to know neighbors. Feels safe and the homes are charming "
    • Dansky3795
      "I’ve lived in the neighborhood for 3 years and I like it because it’s safe, clean, walkable, has great parks, and has character. "
    • Charles R. V.
      "This is a nice, clean area in Salem, close to shopping and restaurants."
    • B K.
      "Great neighborhood - easy to get around - walk to schools, shops, some restaurants, public transportation, park."

    LGBTQ Local Legal Protections

    Apartments for Rent

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    Homes for sale near 540 Waldo Ave SE

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    Off Market Homes Near 540 Waldo Ave SE

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    Frequently asked questions about 540 Waldo Ave SE

    • Is Salem a buyer's or seller's market?
      Salem is currently a balanced market, based on recent for-sale activity.
    • What's the median sale price in Salem?
      The median sale price in Salem is $436K. That is up $8K from the prior month.
    • What do residents say about the South Central neighborhood?
      Residents describe the South Central neighborhood in Salem, OR as easy to park in, dog-friendly, and pedestrian-friendly. See recently sold homes in South Central, Salem.
    • What are the closest schools to 540 Waldo Ave SE?
      The closest schools to 540 Waldo Ave SE in Salem, OR are Leslie Middle School (rated 5/10), Mckinley Elementary School (rated 4/10), South Salem High School (rated 5/10).