1742 CENTER ST, Salem, OR 97301
Listing Courtesy of SMI Commercial Real Estate LLC.
- $850,000
- 5,099
- SqFt
- List Price
- $850,000
- MLS#
- 385679407
- Status
- ACTIVE
- Type
- Multifamily
- City
- Salem
- Area
- Marion Co: Central Salem
- County
- Marion
- Year Built
- 1946
Property 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! *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
/t.realgeeks.media/resize/300x/https://u.realgeeks.media/aleahamyers%252FWhite_Logo_Resized_(1).png){kind=logo}
Additional Information
- Water
- Public Water
- Elementary School
- Englewood
- Middle School
- Parrish
- High School
- North Salem
Mortgage Calculator
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.