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Listing provided courtesy of Windermere Realty Trust- MLS# 370873544MLS ProviderContact Information: 503-704-4898

174 NW STONEWAY DRSalem, OR 97304

Multi-Family · 2,880 Sq. ft. | 0.20 Acres
$495,000 Pending

174 NW STONEWAY DR Overview

Time on Site:
101 days
Visits:
6

Hard to find triplex in excellent West Salem location! Each unit is similar, with two oversized bedrooms and full bathroom upstairs. A half bathroom resides on the main level adjacent to the dedicated laundry room. Each unit has their own private-fenced yard; low maintenance landscaping. Each unit Tenant-Occupied-Do Not Disturb Tenants.

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174 NW STONEWAY DR Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,880
  • Price/Sq.ft. $172
  • Lot 0.20 Acres

Details

General

School Information

  • Elementary School: Kalapuya
  • Middle Or Junior School: Walker
  • High School: West Salem

Income/Expenses

  • Gross Income: 42875.0
  • Net Operating Income: 22320.0
  • Operating Expense: 20555.0

Building Information

  • Year Built: 1977

Location/Region

  • Country: US
  • County Or Parish: Polk
  • MLS Area Major: 168 - Polk Co: West Salem N

Rent/Lease Information

  • Rent Includes: Sewer,Trash Collection,Water

Tax Information

  • Tax Annual Amount: 5227.07
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: 365682
  • Property Type: Multi Family
  • Zoning: RM2

Interior

Parking Information

  • Garage Spaces: 0

Building Interior

  • Building Area Total: 2880.0

General Information

  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Heating: Forced Air
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Assigned,Driveway
  • Parking Total: 6.0

Lot Information

  • Lot Size Acres: 0.2
  • Lot Size Square Feet: 8712.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 3
  • Sewer: Public Sewer

174 NW STONEWAY DR Neighborhood

Community

97304 (SALEM) Demographics

41
Median Age
570
Population Density (per sq. mile)
48%
College Educated
$74,583
Estimated Median Income
8,303
Estimated Total Home Owners
4,290
Estimated Total Renters
66% / 34%
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.

174 NW STONEWAY DR 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.

174 NW STONEWAY DR Market Data

Based on the last 30 days in this zip code

$653,953
Average List Price
$274
Average Price per Square Foot
47
Properties Sold
95
Average Days on Market
284
Properties for Sale
Calculations provided by Reliance Network

174 NW STONEWAY DR History

Date Event Value Agent
6/12/2026Source: Regional MLS Status Change
Pending
6/2/2026Source: Regional MLS Price Reduction
$495,000 -1.0%
5/30/2026Source: Regional MLS Status Change
Active
5/26/2026Source: Regional MLS Status Change
Pending
5/8/2026Source: Regional MLS Price Reduction
$500,000 -4.8%
4/20/2026Source: Regional MLS Price Reduction
$525,000 -4.5%
4/15/2026Source: Regional MLS Status Change
Active
4/9/2026Source: Regional MLS Status Change
Pending
3/20/2026Source: Regional MLS Added to Database
March 20, 2026