Back to search
1055 Schurman DR S Salem, OR $ 11,250,000
Share Save
$ 11,250,000 Get more info
1055 Schurman DR S
$ 11,250,000
Back to search
New Construction
Share Save

1055 Schurman DR S

Salem, OR, 97302
$ 11,250,000
Bedrooms3 Baths3.0 Sq 41,166

Monthly Estimate*

$ 74,771

1055 Schurman DR S, Salem, OR 97302 - Image 1
1055 Schurman DR S, Salem, OR 97302 - Image 2
1055 Schurman DR S, Salem, OR 97302 - Image 3
1055 Schurman DR S, Salem, OR 97302 - Image 4
1055 Schurman DR S, Salem, OR 97302 - Image 5
1055 Schurman DR S, Salem, OR 97302 - Image 6
1055 Schurman DR S, Salem, OR 97302 - Image 7
1055 Schurman DR S, Salem, OR 97302 - Image 8
1055 Schurman DR S, Salem, OR 97302 - Image 9
1055 Schurman DR S, Salem, OR 97302 - Image 10
1055 Schurman DR S, Salem, OR 97302 - Image 11
1055 Schurman DR S, Salem, OR 97302 - Image 12
1055 Schurman DR S, Salem, OR 97302 - Image 13
1055 Schurman DR S, Salem, OR 97302 - Image 14
1055 Schurman DR S, Salem, OR 97302 - Image 15
1055 Schurman DR S, Salem, OR 97302 - Image 16
1055 Schurman DR S, Salem, OR 97302 - Image 17
1055 Schurman DR S, Salem, OR 97302 - Image 18
1055 Schurman DR S, Salem, OR 97302 - Image 19
1055 Schurman DR S, Salem, OR 97302 - Image 20
1055 Schurman DR S, Salem, OR 97302 - Image 21
1055 Schurman DR S, Salem, OR 97302 - Image 22
1055 Schurman DR S, Salem, OR 97302 - Image 23
1055 Schurman DR S, Salem, OR 97302 - Image 24
View a Virtual Tour

Multi-Family Home for sale in Salem, OR

for $11,250,000 with 3 bedrooms and 3 full baths. This 41,166 square foot home was built in 2024 on a lot size of 1.87.

Brand new apartment complex in desirable S Salem location off River Rd across from Minto Brown Park. 3 buildings featuring (18) 1bed/1bath & (24) 2bed/2bath for a total of 42 units with onsite office. Built with high-quality construction and finishes, they offer an exceptional standard of living for their residents. Units feature in unit laundry, covered patio or deck with storage closet. Low maintenance site design on 1.87 acres. Close proximity to downtown Salem, Willamette Univ, & Salem Hospital.

See more
Multi-Family Active

Price

$ 11,250,000

Bedrooms

3

Full Bath

3

Property Type

Multi-Family

Taxes

$ 75,000

Style

Lot Size

1.87

Year Built

2024

Town/City

Salem

County/Region

Marion

MLS | Web ID

24199304
Features
General
Sewer PublicSewer
Heating MiniSplit
Cooling MiniSplit
Roof Composition
Zoning RM2
Year Built 2024
Stories 3
Tax Year 2024
Gross Income 0
Community Features AllLandscaping Commons
County Marion
Net Operating Income 0
Operating Expense 0
Property Type MultiFamily
Rent Includes MaintenanceGrounds Sewer TrashCollection Water
Status Active
Directions River Rd S
High School South Salem
City Salem
Total Units 42
MLS Area _172
Lot Size Square Feet 81457.0
Street Name Schurman
Listing Terms Cash Conventional
Elementary School Candalaria
Tax Annual Amount 75000.0
Middle/Junior High School Leslie
Property Condition NewConstruction
Virtual Tour https://www.youtube.com/watch?v=8yqFqyghNmk
Days on Market 69
Standard Status Active
Legal Description RIVERSIDE ACRES LOT 19 & FR LOT 20 ACRES 1.87
See more
Interior
Storage Locked
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 1
Unit 2 Baths Total 2
Unit 2 Beds Total 2
Street Suffix DR
Unit Type UnitTypeType1 UnitTypeType2
See more
Exterior
Parking Features Paved
Lot Features GentleSloping IrrigatedIrrigationEquipment Private PublicRoad Trees
Water Source PublicWater
Total Parking 54.0
Exterior Description BoardBattenSiding CementSiding LapSiding
Foundation Details Slab
Building Area Total 41166.0
Lot Size Acres 1.87
Road Surface Type Paved
See more
Internal Only
Street Number 1 1055
See more
* Excluded Features
List By
Legacy Real Estate

Broker

jamesh@legacyre.com

Email

Affordability Calculator

$81,021
Per Month
92%
8%
0%
Monthly Principal & Interest
$74,771
Monthly Property Taxes
$6,250
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1951073 Elementary School
1950766 Middle School
South Salem High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/14/2024$11,250,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

1055 Schurman DR S, Salem, OR, 97302 is a Multi-Family Home for sale at $11,250,000 with 41,166 sqft and a lot size of 1.87. 1055 Schurman DR S has 3 bedrooms, 3.0 baths, and was built in 2024. The property's zip code is 97302 which is in Salem, OR

Get more info