For sale

Listed by: Realty First Llc • CHET GRAHAM • Contact: 503-932-4051

$1,200,000

1735 Market St NE, Salem, OR 97301

8beds

7baths

5,659sqft

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Multi Family

Built in 1949

-- sqft lot

$1,137,400 Zestimate^®

$212/sqft

$-- HOA

What's special

Attached garagesLvp flooring

The original cottage cluster consists of six 1 bed, 1 bath units and one 2 bed 1 bath with basement unit. Some units have attached garages. 3 storage garages plus room to park on the blacktop off the ally access. Well maintained units and grounds. Several updates like LVP flooring and some bathroom remodels. All appliances have been updated. This should be an easy keeper!

111 days

192

6

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 7

Dining room

Features: Area (Combination)

Heating

Electric, Baseboard, Zoned

Appliances

Included: Electric Range, Range Included, Electric Water Heater, Refrigerator
Laundry: W/D Hookup

Features

High Speed Internet
Flooring: Carpet, Laminate, Vinyl
Basement: Unfinished
Has fireplace: No

Interior area

Total structure area: 5,659
Total interior livable area: 5,659 sqft

Property

Parking

Parking features: Garage 1, Gravel 1

Features

Patio & porch: Patio
Exterior features: Tan
Fencing: Partial
Frontage length: 212

Lot

Size: 0.56 Acres
Dimensions: 212 x 162
Features: Irregular Lot, Landscaped

Details

Additional structures: See Remarks
Zoning: RS

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Fiber Cement, Wood Siding, Lap Siding
Foundation: Continuous
Roof: Composition,Shingle,Tile

Condition

New construction: No
Year built: 1949

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Water Connected

Community & HOA

HOA

Has HOA: No

Location

Region: Salem

Financial & listing details

Price per square foot: $212/sqft
Annual tax amount: $8,213
Price range: $1.2M - $1.2M
Date on market: 3/20/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,1031 Exchange
Inclusions: ranges and refrigerators
Exclusions: Tenant owned property
Total actual rent: 6910

Estimated market value

$1,137,400

$1.08M - $1.19M

$1,485/mo

Price history

Date	Event	Price
3/20/2026	Listed for sale	$1,200,000$212/sqft
Source: WVMLS #838864 Report a problem
4/29/2024	Listing removed	$1,200,000$212/sqft
Source: WVMLS #807003 Report a problem
7/6/2023	Listed for sale	$1,200,000+174.3%$212/sqft
Source: WVMLS #807003 Report a problem
6/25/2015	Sold	$437,500$77/sqft
Source: Agent Provided Report a problem
7/23/2014	Listing removed	$665
Source: Class Act Property Management, LLC Report a problem
7/16/2014	Listed for rent	$665+5.6%
Source: Class Act Property Management, LLC Report a problem
10/19/2013	Listing removed	$630
Source: Coldwell Banker Mt. West Property Management, LLC Report a problem
2/1/2013	Listed for rent	$630
Source: HotPads for Rent Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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