365 16TH ST Active

Salem,OR 97301

$ 645000

- Bed

- Bath

- SqFt


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

Parking Type Driveway, Open

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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