1742 Center St Ne, Salem, OR 97301

Listing Courtesy of SMI REAL ESTATE. 541-646-0650

$850,000
6
BD
7
BA
5,099
SqFt

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List Price
$850,000
MLS#
844900
Status
ACTIVE
City
Salem
Area
20 Central Salem
County
Marion
Bedrooms
6
Bathrooms
7
Living Area
5,099
Year Built
1946

Property Description

Don't miss out! 8 Unit mixed use investment opportunity, sitting on a highly trafficked corner near 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 9/2/26 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. See associated docs.

Additional Information

Taxes
$4,369
Acres
0.24
Water
Public
Heating
Electric, Zoned
Foundation
Slab
Flooring
Laminate, Vinyl
Elementary School
Englewood
Middle School
Parrish
High School
North Salem

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Based 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.