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Listing provided courtesy of Where, Inc- MLS# 535674024MLS Provider

5968 ASPEN WAY NESalem, OR 97317

Single Family · 4 Beds · 3 Full Baths · 3,102 Sq. ft. | 4.00 Acres
$625,000 Pending

5968 ASPEN WAY NE Overview

Time on Site:
38 days
Visits:
1

AMZING OPPORTUNITY!! - - ATTENTION: Developers, Investors, First time home buyers, BRRR, or buy and hold investors. ABSOLUTELY HUGE UPSIDE potential here. Beautiful farmhouse with good bones sited on TWO TAX LOTS. BOTH INCLUDED in the sale totaling 4 ACRES!! Located at the end of a secluded road this house truly is an amazing opportunity. Great floor plan in a totally private setting with future development potential or just an perfect house to renovate. THIS IS A HIDDEN GEM. Call agent for more details, will not last - may not be eligible for conventional financing. Located just 10-15 minutes to downtown Salem. Available for immediate occupancy at the close of escrow. BEST DEAL ON THE MARKET! HURRY WILL NOT LAST.

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5968 ASPEN WAY NE Facts & Features

  • Type Single Family
  • Sq. ft. 3,102
  • Price/Sq.ft. $201
  • Lot 4.00 Acres

Details

General

School Information

  • Elementary School: Chavez
  • Middle Or Junior School: Waldo
  • High School: McKay

Building Information

  • Year Built: 1973

Location/Region

  • Country: US
  • County Or Parish: Marion
  • MLS Area Major: 176 - Marion Co: East Salem N
  • Subdivision Name: FRUITLAND/ NE SALEM

Tax Information

  • Tax Annual Amount: 4084.78
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Call Listing Agent,Cash,Conventional
  • Parcel Number: 548444
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Partial: 0
  • Bathrooms Total: 3
  • Bedrooms Total: 4

Building Interior

  • Building Area Total: 3102.0

General Information

  • Basement: Partial Basement
  • Fireplace Features: Wood Burning
  • Fireplaces Total: 1
  • Foundation Details: Concrete Perimeter
  • Heating: Forced Air
  • Interior Features: Hardwood Floors,Laundry,Separate Living Quarters/Apartment/Aux Living Unit,Washer/Dryer
  • Stories: 3
  • Window Features: Double Pane Windows

Exterior

Parking Information

  • Parking Features: Covered,Driveway
  • Parking Total: 0

Lot Information

  • Lot Features: Gentle Sloping,Level,Private Road,Wooded
  • Lot Size Acres: 4.0
  • Lot Size Square Feet: 174240.0
  • Road Surface Type: Concrete,Paved
  • Water Source: Well

Building Exterior/Construction

  • Architectural Style: 2 Story,Farmhouse
  • Roof: Composition,Shingle

General Information

  • Exterior Features: Outbuilding,Public Road,RV/Boat Storage,Yard
  • Sewer: Septic Tank

5968 ASPEN WAY NE Neighborhood

Community

97317 (Salem) Demographics

39
Median Age
481
Population Density (per sq. mile)
28%
College Educated
$70,838
Estimated Median Income
5,562
Estimated Total Home Owners
2,481
Estimated Total Renters
69% / 31%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5968 ASPEN WAY NE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5968 ASPEN WAY NE Market Data

Based on the last 30 days in this zip code

$802,302
Average List Price
$377
Average Price per Square Foot
24
Properties Sold
98
Average Days on Market
115
Properties for Sale
Calculations provided by Reliance Network

5968 ASPEN WAY NE History

Date Event Value Agent
6/1/2026Source: Regional MLS Status Change
Pending
5/22/2026Source: Regional MLS Added to Database
May 22, 2026