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Listed price in listed location currency (USD).
$465,000

431

MLS® 637229774

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2378 sqft
Garage Yes
Taxes $3,920
Days Active 0
Lot Size 0.18 acres
Approx. Age 1926
Avg. Price Per Sqft $195
MLS® Number 637229774

Property Address: 745 16th St Ne, Salem, OR, 97301-2625

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey investment with instant cash flow upon closing! This 4 bed, 2.5 bath has room for everyone. Great renters with a lease until July 2026. This well maintained beauty has hardwood floors, new appliances, waterproofed basement with lifetime warranty, and new wall insulation. The huge back yard has excellent ADU potential with pre-approved plans from the city, convenient alley access, and easily accessible utilities. Cap rate 6.2%, GRM 13.1. Tenant occupied. Do not disturb tenants. Offer contingent upon interior inspection.
MLS® Number637229774
Laundry Level
Central VacNo
FireplaceNo
Acreage0.18
Exterior
GarageYes
Approx. Age1926
BasementFinished, Full Basement
DrivewayDriveway, R V Access Parking
Garage Spaces1
Heat
A/C
Heating Fuel

Extras

Rooms

Bedroom 1:Main Floor19 × 11 ft
Dining Room:Main FloorNot available
Bedroom 2:Upper Level9 × 16 ft
Great Room:Not available
Kitchen:Main Floor20 × 21 ft
Bedroom 3:Upper Level12 × 15 ft
Bedroom 4:Lower Level12 × 14 ft
Living Room:Main Floor14 × 18 ft
Family Room:Lower LevelNot available

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 4, 2025List Date
$465,000List Price
  • Commute

Commute

Starting Address
Destination Address
745 16 Th St Ne, Salem, OR

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