2892 CHESTER AVE, Salem, OR 97301
Marion County
Key Facts
Description
Opportunity awaits with this Salem fixer, perfect for investors, renovators, or buyers looking to build equity. This home needs repair and updating throughout and is priced accordingly. Situated in a convenient neighborhood close to schools, shopping, parks, and major commuter routes. With vision and improvements, this property has solid upside potential. Sold AS-IS—buyer to complete all due diligence regarding condition, systems, permits, and intended use.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Stories1 / Ranch
Year Built
1956
Stories
1
Living Area
1,256 sq ft
Lot Size
0.18 acres
Garage Spaces
2
Parking Spaces
2
Days on Market
108
MLS® Listing#
184384381
Property Features
Appliances
Cooling
Heating
Flooring
Fireplace
Basement
Parking
Patio
Fencing
Lot Features
Foundation
Roof
Sewer
Water Source
Schools
- Elementary:
- Other
- Middle:
- Waldo
- High:
- McKay
Financial Details
HOA
None
Annual Taxes
$3,464
Tax year 2025
Parcel Number
573673
Directions
Park Ave NE.
Affordability Calculator
$59,800
Estimated monthly payment
$1,591/mo
Principal $239,200 · Est. interest $333,705 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Salem, OR
- $483,333
- Median Listing Price
- 164
- Median Days on Market
- 1,814
- Median Sq Ft
- $267
- Median Price / Sq Ft
- 323
- Active Listings
- This home’s price is 38% below the area median.
- Its price per sq ft is 11% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Salem, OR.
Location
Getting Around
Points of Interest in Salem, OR
Showing the Salem area map.
Nearby Schools
Waldo Middle School
Secondary · 0.1 mi away
Washington Elementary School
Elementary · 0.4 mi away
Salem Montessori School
Elementary · 0.7 mi away
Salem-Keizer Public Schools
School · 0.8 mi away
Charter Schools NCLB
School · 0.8 mi away
Salem High School
Secondary · 0.8 mi away
McKay High School
Secondary · 1.0 mi away
St Vincent de Paul School
Secondary · 1.1 mi away
Hoover Elementary School
Elementary · 1.1 mi away
Eagle Charter School
Secondary · 1.2 mi away
Oregon School for the Deaf
School · 1.2 mi away
School Meals
Elementary · 1.2 mi away
Englewood Elementary School
Elementary · 1.2 mi away
Blanchet Catholic School
Secondary · 1.2 mi away
Early College High School
Secondary School · 1.3 mi away
Highland Elementary School
Elementary · 1.4 mi away
Swegle Elementary
Elementary · 1.4 mi away
Salem Academy Middle School
School · 1.5 mi away
Salem Academy Christian Schools
School · 1.5 mi away
North Salem High School
Secondary · 1.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 3100 TURNER (620) RD SE, Salem, OR | $210,000 | 3 | 2 | 1,560 |
| 2120 ROBINS LN SE 73A, Salem, OR | $224,900 | 3 | 2 | 1,728 |
| 698 ROYALTY CIR, Salem, OR | $225,000 | 3 | 3 | 2,023 |
| 2120 ROBINS LN SE 26, Salem, OR | $225,000 | 2 | 2 | 1,740 |
| 4792 LANCASTER DR NE 127, Salem, OR | $230,000 | 2 | 2 | 928 |
| 3456 NE CHIEFS CT, Salem, OR | $239,000 | 2 | 2 | 880 |
Moving Cost Estimate
EXIT Agents in Salem
Listing Courtesy: Cascade Heritage Real Estate Group - 5033307381
Presented by: John Bacon
Last Updated: 2025-12-04