$ 645,000
365 16TH ST Salem, OR 97301
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Listed by eXp Realty, LLC • 503-413-0974
$ 645,000
Est. payment | /mo
8,276 Sqft Lot
$ 645,000
Est. payment | /mo
8,276 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Southeast Salem
MLS Listing ID 24198739
Year Built 1901
Annual Tax Amount $4,185
Tax Year 2023
Lot Size 8,276 Sqft
Property Description
This charming 6-unit apartment building in Salem, Oregon, presents an excellent investment opportunity with modern amenities and a prime location. Currently at 100% occupancy, the property has recently been upgraded with new sewer lines, a roof replacement, exterior siding, deck reconstruction, and fresh paint. The units feature laminate flooring, central heating, and a variety of floor plans, including 5 one-bedroom/one-bath units and 1 two-bedroom/one-bath unit. Additional features include basement storage and ample parking in a spacious, unpaved area at the rear. Conveniently situated near Aldrich Park, Willamette University, and the Capitol Building, this property offers easy access to a lovely neighborhood.
Location
State OR
County Marion
Community Laundry
Area _174
Zoning RM2
Rooms
Basement Full Basement, Partially Finished
Interior
Heating Forced Air
Exterior
Community Features Laundry
Roof Type Composition
Garage No
Building
Lot Description Level
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Bush
Middle Schools Leslie
High Schools South Salem
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Brian Johnson
REALTOR®, Licensed in Oregon & Washington | Lic# 201220025