See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

105 River St NE, Salem, OR, 97301

2beds
2baths
1,757sqft
$389,900
$222price/sqft
$2,922/moest. monthly cost
$116,880/yrincome needed

About This Home

Huge opportunity! Dual living in flexible MU-R zoning near planned future riverfront dev. Main level features full kitchen, 1 bed, 1 bath, living & dining area, woodburning fireplace. Upstairs find a gas fireplace, kitchenette, bedroom w/ French doors & flexible living. Large yard & 2 decks. Major updates incl refinished wood floors, sewer & drain replacement, waterproofed basement wall w/ sump pump, porch foundation lift, exterior paint, windows, furnace, dishwasher. Great possible dual STR. Presented by Gavin & Julie Wisser – Wisser Homes Team with HomeStar Brokers. Call or text (503) 881-7273 to schedule your private showing today! Learn more about us and explore additional listings at Wisser.Homes.Huge opportunity in Salem’s evolving north downtown corridor. Dual living setup with flexible MU-R zoning positioned near planned future riverfront redevelopment along the Front Street corridor, where mixed-use housing, dining, retail, and pedestrian pathways are expected to reshape the area over time.The layout offers clean separation between living spaces. Main level includes a full kitchen, 1 bedroom, 1 bathroom, living and dining areas, and a woodburning fireplace. Upstairs features a gas fireplace, kitchenette, bedroom with French doors, and flexible living space suited for extended living, guests, or income potential. Large yard and two decks provide added outdoor space.Major infrastructure updates support long-term ownership and usability. Sewer and drain line replaced, basement wall waterproofed with sump pump installed, front porch foundation lifted and reinforced, and wood floors refinished. Exterior paint and dishwasher have also been updated. Water heater believed to be replaced.Located near one of Salem’s most significant planned redevelopment areas, this property offers early positioning in a transitional district with potential for increased walkability and access to future riverfront amenities. Flexible layout, zoning, and location create a strong option for dual living, investment, or possible short-term rental use.

Getting Around

70
WalkingVery Walkable
40
TransitSome Transit
80
BikeVery Bikeable

Schools

3/10
3/10
Parrish Middle SchoolGrades 6-81.0 mi
4/10
North Salem High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1927

Materials

  • Foundation: Continuous
  • Roof: Composition,Shingle
  • Construction materials: Aluminum Siding,Lap Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Electric Water Heater

Basement

  • Has basement: Yes
  • Basement: Partial

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1

Dining Room

  • Features: Formal

Features

  • Flooring: Carpet,Laminate,Tile,Wood
  • Fireplace features: Gas,Wood Burning
  • Fireplace: Yes

Heating

  • Heating features: Natural Gas,Forced Air

Interior Area

  • Total structure area: 1,757
  • Total interior livable area: 1,757 sqft

Property

Details

  • Parcel number: 587575

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck
  • Exterior features: Blue
  • Fencing: Partial
  • Has view: Yes
  • View description: Territorial

Lot

  • Lot size: 6,534 sqft
  • Features: Irregular Lot,Landscaped

Parking

  • Parking features: No Garage

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters in Marion County and Oregon

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,971$23,652
Home Insurance *$106$1,272
Property Taxes $669$8,028
Electricity $176$2,119
Total$2,922$35,064
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$100,182/yr
40% on housing$87,660/yr
45% on housing$77,920/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.7%
6.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$222This listing

vs Other Active Listings

Avg $/sqft

ZIP 97301$183
Marion County$231

vs Homes Sold Last Month

Median $/sqft

ZIP 97301$269
Marion County$278

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-24Listed for sale$399,900
2015-05-13Sold$132,000

For Sale by Agent

AgentGAVIN & JULIE WISSER, Homestar Brokers, JULIE WISSER, Homestar Brokers
BrokerageHomestar Brokers

Similar Homes