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Listing provided courtesy of PREMIERE PROPERTY GROUP, LLC ALBANY: 541-730-4830.

745 16th St NE

Salem, OR 97301
  • $464,000
  • STATUS: Active
  • ON SITE: 93 Days
  • MLS #: 835824
UPDATED: 48 min ago
$464,000
  • 4
    BEDS
  • 0.18
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 2,348
    SQFT
  • $198
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1926
County:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of PREMIERE PROPERTY GROUP, LLC ALBANY: 541-730-4830. Listing information © 2026 Willamette Valley Multiple Listing Service



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 subject to interior inspection.

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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: 2026-03-08T22:08:38.81.
www.suelongrealty.com/homes/171149252
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745 16th St NE Salem, OR 97301

  • Price: $464,000
  • Status: Active
  • On Site: 93 Days
  • Updated: 48 min ago
  • MLS #: 835824
4
Beds
2
Baths
1
½ Baths
0.18
Acres
2,348
SQFT
$198
$/SQFT
1926
Built
Neighborhood:
Englewood Addition
County:
Marion
Area:
20 CENTRAL SALEM
Elementary School:
Englewood
Middle School:
Parrish
High School:
North Salem
Property 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 subject to interior inspection.
Exterior Features

Foundation Continuous Garage Capacity 1 Garage Type Attached Home Style 2 Story Patio DeckPatio Roof Composition Siding Wood

Interior Features

Basement Finished Baths Level1 Main 2 Baths Lower Level Basement 0 Baths On Level2 Upper .5 Bedroom2 Dimensions 16x9 Bedroom2 Level 2/Upper Bedroom3 Dimensions 15x12 Bedroom3 Level 2/Upper Bedroom4 Dimensions 14x12 Bedroom4 Level Lower/Basement Dining Formal Dining Room Level 1/Main Dishwasher Yes Disposal Yes Family Room Dimensions 20x15 Family Room Level Lower/Basement Fireplace GasLiving Room Flooring CarpetTileVinylWood Heating And Cooling GasCentral ACForced Air Kitchen Dimensions 21x20 Kitchen Level 1/Main Living Room Dimensions 18x14 Living Room Level 1/Main Master Bedroom Dimensions 19x11 Master Bedroom Level 1/Main Range Facility Microwave IncludedRange Included Total Baths 3 Utility Room Dimensions 19x17 Utility Room Level Lower/Basement

Property Features

Dual Living No Inclusions WasherDryerRefrigeratorDishwasherRange New Construction No Possession COE Sewer Yes Source Of Sq F List Broker Tax Amount 3920 Tax Years 2025 Water City

© 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: 2026-03-08T22:08:38.81.
 
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Keller Williams Mid-Willamette
201 NW 3rd St
Corvallis OR, 97330
Listing provided courtesy of PREMIERE PROPERTY GROUP, LLC ALBANY: 541-730-4830. Listing information © 2026 Willamette Valley Multiple Listing Service