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745 16th St Ne, Salem, OR 97301

$464,000
  • 745 16th St Ne, Salem, OR 97301 Main Photo

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Listing Courtesy of: PREMIERE PROPERTY GROUP, LLC ALBANY
Agency Contact: 503-444-1070
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BEDS4 BATHS2 full 1 partial SQUARE FEET2,348 MLS#835824
STATUS PROPERTY TYPEResidential - Single Family SUBDIVISIONEnglewood Addition

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.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Finished
Garage: 1 car attached
Lot Size: 0.18 Acres
Roof Type: Composition
Taxes: $3,920
Year Built: 1926

Feature Descriptions

Bathroom(s) (Level): 2.00 (Main), 0.50 (Upper)
Days on Site: 128
Dining Room: Formal
Dishwasher: Yes
Exterior: Wood
Fireplace: Gas, Living Room
Flooring: Carpet, Tile, Vinyl, Wood
Formal Dining: Yes
Foundation: Continuous
Heating/Cooling: Central AC, Forced Air, Gas
Inclusions: Washer, Dryer, Refrigerator, Dishwasher, Range
Lot Dimensions: 0.18 Acre(s)
Parking Notes: Attached
Patio: Deck, Patio
Price Per Square Foot: 197.61
Range: Microwave Included, Range Included
Sewer: Yes
Water: City

Room Sizes

Primary Bedroom: 19x11 Level 1/Main
Bedroom 2: 16x9 Level 2/Upper
Bedroom 3: 15x12 Level 2/Upper
Bedroom 4: 14x12 Level Lower/Basement
Family Room: 20x15 Level Lower/Basement
Kitchen: 21x20 Level 1/Main
Living Room: 18x14 Level 1/Main
Utility Room: 19x17 Level Lower/Basement

Local Schools

High School: North Salem
Middle School: Parrish
Elementary School: Englewood

Listed By / Shown By

Listed By

Agency Name: PREMIERE PROPERTY GROUP, LLC ALBANY
Agency Contact: 503-444-1070

Shown By

Agent Name: Mark O'Brien
Agent Phone: (541) 619-1920
Agency Title: Coldwell Banker Valley Brokers

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Estimated Payment

$ 1,494.66 per month $1,032.66 Principal & Interest $326.67 Property Tax $135.33 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/11/2026. The listing information on this page last changed on 04/11/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 04/11/2026 8:33:38 AM EST) or Willamette Valley MLS (last updated Fri 04/10/2026 11:51:09 PM EST). Real estate listings held by brokerage firms other than Coldwell Banker Valley Brokers may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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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.
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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.

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