Salem, OR 97301,745 16th St NE NE
Salem, OR 97301,745 16th St NE NE
Salem, OR 97301,745 16th St NE NE
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Listed by NEIL NELSON • PREMIERE PROPERTY GROUP, LLC ALBANY • 503-444-1070
$465,000
Est. payment /mo
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4 Beds
2.5 Baths
2,348 SqFt
Active

745 16th St NE NE Salem, OR 97301

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Key Details

Property Type Single Family Home

Sub Type Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,348 sqft

Price per Sqft $198

Subdivision Englewood Addition

MLS Listing ID 835824

Bedrooms 4

Full Baths 2

Half Baths 1

Year Built 1926

Annual Tax Amount $3,920

Tax Year 2025

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Residence

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.

Location

State OR

County Marion

Area 20 Central Salem

Rooms

Family Room 20x15

Basement Finished

Primary Bedroom Level 1/Main

Dining Room Formal

Kitchen 21x20

Interior

Heating Gas, Central AC, Forced Air

Cooling Gas, Central AC, Forced Air

Flooring Carpet, Tile, Vinyl, Wood

Fireplaces Type Living Room, Gas

Inclusions Washer, Dryer, Refrigerator, Dishwasher, Range

Exterior

Parking Features Attached

Garage Spaces 1.0

Roof Type Composition

Garage Yes

Building

Foundation Continuous

New Construction No

Schools

Middle Schools Parrish

High Schools North Salem

Willamette Valley MLS (WVMLS)

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 8

    Candalaria Elementary School

    Public | KG - 5

  • 8

    Morningside Elementary School

    Public | KG - 5

  • 6

    McKinley Elementary School

    Public | KG - 5

  • 6

    Englewood Elementary School

    Public | KG - 5

  • 4

    Salem Heights Elementary School

    Public | KG - 5

  • 4

    Highland Elementary School

    Public | PK - 5

  • 4

    Grant Community School

    Public | PK - 5

  • 4

    Hallman Elementary School

    Public | KG - 5

  • 3

    Harritt Elementary School

    Public | PK - 5

  • 1

    Bush Elementary School

    Public | KG - 5

  • 1

    Richmond Elementary School

    Public | KG - 5

  • 1

    Weddle Elementary School

    Public | KG - 5

  • 1

    Washington Elementary School

    Public | PK - 5

  • 1

    Hoover Elementary School

    Public | KG - 5

  • 1

    Four Corners Elementary School

    Public | KG - 5

  • 1

    Swegle Elementary School

    Public | KG - 5

  • 0

    Sonshine School

    Private | PK - 5

  • 0

    Montessori Discovery

    Private | PK - KG

  • 0

    St Joseph School

    Private | PK - 8

  • 0

    St Mark Child Development Center

    Private | PK - TKG

Middle Schools 9
  • 9

    Howard Street Charter

    Public | 6 - 8

  • 8

    Walker Middle School

    Public | 6 - 8

  • 8

    Jane Goodall Environmental Middle Charter School

    Public | 6 - 8

  • 6

    Claggett Creek Middle School

    Public | 6 - 8

  • 4

    Leslie Middle School

    Public | 6 - 8

  • 3

    Waldo Middle School

    Public | 6 - 8

  • 1

    Parrish Middle School

    Public | 6 - 8

  • 0

    Roberts High School

    Public | 7 - 12

  • 0

    Blanchet Catholic School

    Private | 6 - 12

High Schools 4
  • 6

    South Salem High School

    Public | 9 - 12

  • 5

    North Salem High School

    Public | 9 - 12

  • 5

    McKay High School

    Public | 9 - 12

  • 0

    Early College High School

    Public | 9 - 12

School and business data provided by Attom Data.

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Tom Taylor

Tom Taylor

Agent | License ID: 201216648

+1(503) 575-8620

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745 16th St NE NE