OFF MARKET

Off market

—

•

— ba

•

47,456

sq ft

5811 Reed Ln SE, Salem, OR 97306

About this home

5811 Reed Ln SE is a 47,456 square foot multi-family home on a 2.1 acre lot.

Multi-familyProperty Type

2.1 acresLot Size

Source:Public Records

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 97306, OR

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

99.2%

+0.2% MoM

Median sale price

$520K

$20K MoM

Avg. days on market

59d

4 days MoM

Recently sold homes

130

0 MoM

New listings for sale

LISTED BY REDFIN 17 HRS AGO
$399,000
3 beds2 baths1,127 sq ft
5558 Fernbrook Ct S, Salem, OR 97306
OPEN SUN, 12PM TO 2PM
$148,000
2 beds2 baths960 sq ft
2120 Robins Ln SE #45, Salem, OR 97306
OPEN TODAY, 10AM TO 12PM
$1,100,000
4 beds3 baths3,036 sq ft
8095 Sunnyside Rd SE, Salem, OR 97306
3D WALKTHROUGH
$599,000
4 beds2.5 baths2,497 sq ft
185 Muirfield Ave SE, Salem, OR 97306
OPEN SUN, 11AM TO 1PM
$554,000
3 beds2 baths2,400 sq ft
5445 Reed Ln SE, Salem, OR 97306
OPEN TODAY, 12PM TO 2PM
$525,000
3 beds3 baths1,694 sq ft
5614 Wigeon St SE, Salem, OR 97306
Ashleigh Fordham • Windermere Heritage
3D WALKTHROUGH
$299,000
2 beds2 baths1,050 sq ft
1855 Lexington Cir, Salem, OR 97306
Heather Rauh • HomeSmart Realty Group
$709,900
4 beds2.5 baths2,515 sq ft
1891 Watson Butte Ave SE, Salem, OR 97306
3D WALKTHROUGH
$549,950
3 beds2 baths1,873 sq ft
552 Inverness Dr SE, Salem, OR 97306-9339
OPEN SUN, 1PM TO 3PM
$285,000
2 beds1.5 baths900 sq ft
2224 Maplewood Dr S, Salem, OR 97306
See all

Provided by Redfin

Sale history for 5811 Reed Ln SE

Tax history for 5811 Reed Ln SE

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Property details

Exterior

Exterior Information
Building Type: Apartment Low Rise

Property Information
Subdivision Name: GRABENHORST FRUIT FARMS 03
Living Sq. Ft: 47,456
Ground Floor Sq. Ft: 47,456
Building Sq. Ft: 47,456
Legal Description: P.P. 2013-031, PARCEL 1, ACRES 2.10

Lot Information
# of Buildings: 1
Land Sq. Ft: 91,476
Legal Lot Number: 1
Municipality Type: 01
Acres: 2.1
Zoning Code: RM1
County Use Description: APT LOW-RISE 23-39 UNITS
State Use Description: MULTIPLE FAMILY IMPRV 5+ UNITS

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: —
Baths: —
Sq. Ft.: 47,456
Stories: —
Lot Size: 2.1 acres
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Marion County
APN: 575524

Home facts updated by county records on Aug 31, 2026

Around this home

Schools

Pringle Elementary School

Public K-5 • Assigned • 0.3mi

5/10

Judson Middle School

Public 6-8 • Assigned • 1.8mi

6/10

South Salem High School

Public 9-12 • Assigned • 3.7mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Local insights from Redfin agents

Salem’s market is slower, with prices relatively steady and homes taking longer to sell. Sellers need competitive pricing, while buyers may have more time to decide and room to negotiate on price, closing costs, or repairs.
2 weeks ago • Salem
Cristian Martinez
Redfin Premier agent
164 deals
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Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 91° expected this year, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

9/10 Air Factor

12 unhealthy days expected this year, 13 days in 30 years

Provided by First Street

Historical weather

Salem, OR • 97306

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.9 hours in June and 2.1 hours in December, placing it below the U.S. average for solar exposure.

9.9 hrs

2.1 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

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New listings for sale in 97306

LISTED BY REDFIN 17 HRS AGO3D WALKTHROUGH

$399,000

3 beds2 baths1,127 sq ft

5558 Fernbrook Ct S, Salem, OR 97306

Cul-de-sac • Roof replaced • Near shopping

Listing provided by WVMLS

OPEN SUN, 12PM TO 2PM

$148,000

2 beds2 baths960 sq ft

2120 Robins Ln SE #45, Salem, OR 97306

55 gated community • Swimming pool • Clubhouse

Listing provided by WVMLS

OPEN TODAY, 10AM TO 12PM3D WALKTHROUGH

$1,100,000

4 beds3 baths3,036 sq ft

8095 Sunnyside Rd SE, Salem, OR 97306

Stunning kitchen • Remodeled bathrooms • Heated floors

Listing provided by WVMLS

3D WALKTHROUGH

$599,000

4 beds2.5 baths2,497 sq ft

185 Muirfield Ave SE, Salem, OR 97306

Private backyard • 6,098 sq ft lot • 2 garage spots

Listing provided by WVMLS

OPEN SUN, 11AM TO 1PM

$554,000

3 beds2 baths2,400 sq ft

5445 Reed Ln SE, Salem, OR 97306

0.29 acre • No hoa • Recent improvements

Listing provided by WVMLS

OPEN TODAY, 12PM TO 2PM3D WALKTHROUGH

$525,000

3 beds3 baths1,694 sq ft

5614 Wigeon St SE, Salem, OR 97306

Dedicated office • Tiered backyard • 6,534 sq ft lot

Ashleigh Fordham • Windermere Heritage

3D WALKTHROUGH

$299,000

2 beds2 baths1,050 sq ft

1855 Lexington Cir, Salem, OR 97306

Vaulted ceilings • Gas fireplace • Trex deck

Heather Rauh • HomeSmart Realty Group

$709,900

4 beds2.5 baths2,515 sq ft

1891 Watson Butte Ave SE, Salem, OR 97306

Open floor plan • Vaulted ceilings • Rock fireplace

Listing provided by WVMLS

3D WALKTHROUGH

$549,950

3 beds2 baths1,873 sq ft

552 Inverness Dr SE, Salem, OR 97306-9339

Craftsman style • Large deck • Partial view

Listing provided by WVMLS

Home values near 5811 Reed Ln SE

Data from public records.

Address	Redfin Estimate
5751 Reed Ln SE, Salem, OR 3 Beds \| 2 Baths \| 1436 Sq. Ft.	$621,050
2031 Soapstone Ave SE, Salem, OR 4 Beds \| 3 Baths \| 2745 Sq. Ft.	$677,034

Address	Redfin Estimate
2051 Soapstone Ave SE, Salem, OR 3 Beds \| 2 Baths \| 2506 Sq. Ft.	$639,309
2050 Soapstone Ave SE, Salem, OR 4 Beds \| 3 Baths \| 2681 Sq. Ft.	$634,566

Address	Redfin Estimate
2041 Pikes Pass Ct SE, Salem, OR 4 Beds \| 3 Baths \| 3106 Sq. Ft.	$654,135
2011 Soapstone Ave SE, Salem, OR 3 Beds \| 3 Baths \| 2585 Sq. Ft.	$662,512

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 97306, OR

Sale history for 5811 Reed Ln SE

Tax history for 5811 Reed Ln SE

Property details

Around this home

Schools

Lifestyle

Local insights from Redfin agents

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 97306

Home values near 5811 Reed Ln SE

More real estate resources