1734-1748 Center St NE, Salem, OR 97301

Salem
Local realty services provided by:Knipe Realty ERA Powered
Listed by: jordan sparks541-646-0650
Office: smi real estate503-390-6060
MLS#:846552
Source:OR_WVMLS
1734-1748 Center St NE,Salem, OR 97301
$799,900
  • - Beds
  • 7 Baths
  • 5,099 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$799,900
  • Price per sq. ft.:$156.87

About this home

8 Unit Mixed use investment opportunity sitting on a high-traffic corner near downtown Salem! Features (2) retail spaces with solid rental history and (6) well-kept, secluded 1 bed/1 bath apartments. Primary retail tenant in place for 23 years! Located on the bus line, walkable to downtown amenities. Tenants enjoy a private courtyard, with alley access, (1) parking space per unit, and shared laundry. Significant rental upside offers investors the opportunity to boost income and improve cash flow in 2027!

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Home facts

  • Year built:1946
  • Subdivision & Development:Oak Lawn Park
  • Listing ID #:846552
  • Added:1 day(s) ago
  • Updated:October 14, 2026 at 01:02 AM

Rooms and interior

  • Total bathrooms:7
  • Flooring:Laminate, Vinyl
  • Dining Description:Combination Dining Area
  • Kitchen Description:Range Included, Range: Electric
  • Living area:5,099 sq. ft.

Structure and exterior

  • Year built:1946
  • Building area:5,099 sq. ft.
  • Lot area:0.24 Acres
  • Lot Features:Irregular
  • Exterior Features:Partial Fenced Yard, Underground Sprinklers
  • Foundation Description:Slab

Schools

  • High school:North Salem
  • Middle school:Parrish
  • Elementary school:Englewood

Utilities

  • Water:City

Finances and disclosures

  • Price:$799,900
  • Price per sq. ft.:$156.87
  • Tax amount:$4,369 (25-26)

Features and amenities

  • Amenities:Electric Water Heater
MLS LogoBased on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. OR_WVMLS Member Broker: Jeff Knipe

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