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1742 Center St, Salem, OR 97301

Salem
Local realty services provided by:CENTURY 21 North Homes Realty
1742 Center St,Salem, OR 97301
$799,900
  • - Beds
  • - Baths
  • 5,099 sq. ft.
  • Multi-family
  • Active
Listed by: jordan sparks
Office: smi commercial real estate llc.503-390-6060
MLS#:385679407
Source:PORTLAND

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! Please do not disturb the residents

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Home facts

  • Year built:1946
  • Listing ID #:385679407
  • Added:54 day(s) ago
  • Updated:October 15, 2026 at 03:50 PM

Rooms and interior

  • Living area:5,099 sq. ft.

Heating and cooling

  • Heating:Zoned

Structure and exterior

  • Year built:1946
  • Building area:5,099 sq. ft.
  • Lot area:0.24 Acres
  • Foundation Description:Slab
  • Levels:1 Story

Schools

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

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$799,900
  • Price per sq. ft.:$156.87
  • Tax amount:$4,368 (2025)

Parking

  • Parking description:Off Street
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than CENTURY 21 North Homes Realty are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: October 15, 2026 PORTLAND Member Broker: Patrick Smith

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