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About This Home
This 3-bedroom, 2-bathroom single family at 5198 Skyline Rd S in Salem, OR is listed for $499,900 ($251 per sqft). Built in 1950, the home offers 1,990 sqft of living space on a 0.78 acres lot.
Set on nearly an acre in South Salem. This inviting single level home offers 3 bedrooms, 2 bathrooms, and nearly 2000 sqft of living space. City water and septic system. A second well for irrigation, perfect for maintaining the lush, mature landscaping.
Towering fir, sequoia, and pine trees provide shade and privacy, while numerous fruit trees, raised garden beds, and established greenery create a serene, park like setting.The location is ideal for everyday living, with top rated schools, major medical offices, and public transit nearby, plus quick access to I5 and downtown Salem.
Beyond the lifestyle appeal, this property offers exceptional long term value. Zoned MultiFamily Residential, it supports a range of development possibilities from duplexes, triplexes, and fourplexes to larger multi unit complexes, with potential density of up to 31 units per acre.
Utilities are readily available with power and city water onsite, and sewer and stormwater nearby. Whether you choose to add income producing units, subdivide, or hold for future appreciation, this is a rare find combining comfort today with opportunity tomorrow.Please do not enter the property without an appointment.
Key Features
- Built in 1950
- 0.78 acre lot
Property Details
Amenities
Monthly Cost Estimate
$2,674/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5198 Skyline Rd S
Salem, OR 97306
Features & Amenities
Interior Features
Exterior Features
Property Details
Views
Heating
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom single family at 5198 Skyline Rd S is listed at $499,900 ($251/sqft). The estimated monthly payment is $2,166 based on 20% down at 6.5% interest.
Key features include: Built in 1950, 0.78 acre lot. Interior Features: HighSpeedInternet, VinylFloor, WalltoWallCarpet. Exterior Features: ToolShed, Yard.
This property is listed by Mark Shadrin and can be reached at 5039834405 or markshadrin@bhhsnwrep.com.


















































