1742 CENTER ST, Salem, OR 97301
- $850,000
Overview
- 5099 Sqft
- 1946
- MultiFamily
- 385679407
- 0.24 Acres
- SMI Commercial Real Estate LLC
- Jordan Sparks
Description
Don’t miss out on this 8 Unit investment opportunity, sitting on a highly trafficked corner in downtown Salem! Property contains (2) retail spaces with solid rental history and (6) well kept & secluded 1 bed/1 bath apartments. Primary retail tenant has been in place for 23 years. Property sits on the busline and is walkable to various downtown amenities. Tenants enjoy a private courtyard, alley access w/ (1) parking space per unit & a shared laundry room. Plenty of rent upside to improve cash flow!PROPERTY SHOWING set for 9/1/26 11am-1pm <------> Seller requests all interested parties view all Interiors prior to accepting an offer.*Unit #1736 rent increases to $875 on 9.1.26. *Unit #1746 rent increases to $875 on 10.1.26.Please do not disturb the residents
Details
Updated on August 26, 2026 at 7:11 pm-
MLS# 385679407
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Price $850,000
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Property Size 5099 Sqft
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Land Area 0.24 Acres
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Garage Size x x
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Year Built 1946
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Property Type MultiFamily
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Property Status Active
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Office Name SMI Commercial Real Estate LLC
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Agent Name Jordan Sparks
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Office Phone 503-390-6060
Additional details
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Listing Terms Cash, Conventional
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Roof Other
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Sewer Public Sewer
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Cooling None
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Heating Zoned
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County Marion
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Property Type MultiFamily
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Parking Off Street
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Elementary School Englewood
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Middle School Parrish
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High School North Salem
Walkscore
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Contact Information
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