Residential/Multi-family Development Opportunity

800 17th Street SE Salem, OR 97302

800 17th Street SE, Salem, OR, 97302
800 17th Street SE, Salem, OR, 97302 800 17th Street SE, Salem, OR, 97302
FOR SALE
Property Type:
Residential Land Development
Amount:
$89,500
Last Verified:
Nov 25, 2025

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Highlights

  • Bare land, ideal for residential development or possible Multi-family Development
  • Zoned RS, offering versatile development opportunities
  • Strategically located in the thriving Salem area
  • Close to Willamette University

Description

Bare land lot close to downtown and Willamette University.

As you consider the potential of the 17th SE lot for residential development. This prime location offers proximity to an array of amenities, including dining, shopping, and entertainment options, while being just a stone's throw from the historic attractions and cultural vibrancy of downtown Salem. Convenient access to key transportation routes, the location presents an exceptional opportunity for land and residential investors seeking to make their mark in this thriving real estate market.


Year Built: 2017
Building Size: 5716sq ft
Lot Size: 0.16 acres


Documents

800 17th Street SE Brochure 11-20-25

Map of 800 17th Street SE, Salem, OR, 97302

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.