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!
For sale
Listed by: Smi Real Estate • JORDAN SPARKS • Contact: 541-646-0650
$799,900
1734 1748 Center St NE, Salem, OR 97301
6beds
7baths
5,099sqft
Multi Family
Built in 1946
-- sqft lot
$-- Zestimate®
$157/sqft
$-- HOA
What's special
High-traffic cornerShared laundryPrivate courtyardAlley access
- 13 hours
- 56
- 8
Zillow last checked:
Listing updated:
Listed by:
JORDAN SPARKS 541-646-0650,
Smi Real Estate
Source: WVMLS,MLS#: 846552
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 7
Dining room
- Features: Area (Combination)
Heating
- Electric, Zoned
Appliances
- Included: Electric Range, Range Included, Electric Water Heater, Refrigerator
- Laundry: Common Area
Features
- Other(Refer to Remarks)
- Flooring: Laminate, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 5,099
- Total interior livable area: 5,099 sqft
Property
Parking
- Parking features: All American Tatoo, More Flips Hobby Shop, Duplex, 4 Plex
Features
- Exterior features: Green
- Fencing: Partial
- Frontage length: 62
Lot
- Size: 10,454 Square Feet
- Features: Irregular Lot
Details
- Zoning: MU-1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- See Remarks
- Foundation: Slab
- Roof: See Remarks
Condition
- New construction: No
- Year built: 1946
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Oak Lawn Park
HOA
- Has HOA: No
Location
- Region: Salem
Financial & listing details
- Price per square foot: $157/sqft
- Annual tax amount: $4,369
- Price range: $799.9K - $799.9K
- Date on market: 10/13/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: First Trust Deed,Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/13/2026 | Listed for sale | $799,900$157/sqft |
Source:  WVMLS #846552 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Northeast Neighbors
Nearby schools
Schools provided by the listing agent
- Elementary: Englewood
- Middle: Parrish
- High: North Salem
Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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