Opportunity knocks in Salem! Situated on a generous .25-acre lot, this 2-bedroom, 1-bath home offers incredible potential for investors, builders, or buyers ready to create their dream home. With 1,126 square feet of living space, the main level features two bedrooms with hardwood floors, a light-filled living room with a large picture window, a dining area with built-ins, and a kitchen with granite countertops. Hardwood floors are in the attic, which provides additional space and future possibilities, along with even more attic space above the garage. The laundry room includes a utility sink and exterior access to the backyard, making it an ideal mudroom after working in the yard. Outside, enjoy a huge, fully fenced lot with mature shade trees and room for gardening, entertaining, or expansion. The existing structure is a major fixer and will require work, but the land, lot size, and location offer strong upside. Excellent proximity to dining, shopping, schools, neighborhood parks, Salem Hospital, and Willamette University, with great bike and walk scores. Sold as-is. Buyer to perform due diligence. Bring your vision, your contractor, and your creativity as this is a rare chance to unlock the potential of a well-located Salem property.