1742 Center St, Salem, OR 97301

 Details

Price$850,000
Size5,099 SF
Acres0.24
ZoneMU-1

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!

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.

Please do not disturb the residents.

JORDAN SPARKS
PRINCIPAL BROKER
LICENSED IN THE STATE OF OREGON

541.646.0650 CELL
jordan@smire.com