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Listing provided courtesy of HOMESMART REALTY GROUP: 971-599-5865.

1196 Chemeketa NE

Salem, OR 97301
  • $749,900
  • STATUS: Active
  • ON SITE: 12 Days
  • MLS #: 841068
UPDATED: 58 min ago
$749,900
  • 6
    BEDS
  • 0.13
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 2,704
    SQFT
  • $277
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1945
County:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of HOMESMART REALTY GROUP: 971-599-5865. Listing information © 2026 Willamette Valley Multiple Listing Service



Description

Investment opportunity in the heart of downtown Salem! This 6-unit converted home offers excellent income potential with separate water & electric meters for each unit. Unit mix includes 2 studio units, 3 one-bedroom units, and 1 two-bedroom unit, providing strong rental flexibility and tenant appeal. Conveniently located near Willamette University, Salem Hospital, train station, downtown shopping, restaurants, and major services. High-demand location with easy access to freeway & transit.

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Willamette Valley MLS logo © 2026 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2026-06-11T09:08:51.603.
www.suelongrealty.com/homes/176974874
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1196 Chemeketa NE Salem, OR 97301

  • Price: $749,900
  • Status: Active
  • On Site: 12 Days
  • Updated: 58 min ago
  • MLS #: 841068
6
Beds
6
Baths
0
½ Baths
0.13
Acres
2,704
SQFT
$277
$/SQFT
1945
Built
Neighborhood:
Charles Cartwrights
County:
Marion
Area:
20 CENTRAL SALEM
Elementary School:
Bush
Middle School:
Leslie
High School:
South Salem
Property Description
Investment opportunity in the heart of downtown Salem! This 6-unit converted home offers excellent income potential with separate water & electric meters for each unit. Unit mix includes 2 studio units, 3 one-bedroom units, and 1 two-bedroom unit, providing strong rental flexibility and tenant appeal. Conveniently located near Willamette University, Salem Hospital, train station, downtown shopping, restaurants, and major services. High-demand location with easy access to freeway & transit.
Exterior Features

Exterior Color Blue Fenced Yard Yes Foundation Slab Landscape Yes Roof Composition Siding Style Board & Batt

Interior Features

Basement Finished Dishwasher No Disposal No Flooring CarpetVinyl Heating ElectricZonal Laundry Laundry Center Range Facility ElectricRange Included Refrigerator Refrigerator Included Unit Types Flat Water Heater Electric

Property Features

Cross Street 12th St Dual Living No Exclusions Tenant's personal property Flood Plain Unknown Handicap Amenities No High Speed Comm Access Available Home Warranty No Multifamily Type Multi- (5+) New Construction No Possession COE Property Use Type Investment Sewer City Suitable For Garden/Low-Rise Tax Amount 5030 Tax Years 2025 Terms Seller Will Consider CashConventional Water City Zoning Multi

© 2026 Willamette Valley Multiple Listing Service. All rights reserved.


Willamette Valley MLS logo © 2026 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2026-06-11T09:08:51.603.
 
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Keller Williams Mid-Willamette
201 NW 3rd St
Corvallis OR, 97330
Listing provided courtesy of HOMESMART REALTY GROUP: 971-599-5865. Listing information © 2026 Willamette Valley Multiple Listing Service