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1734 Center St, Salem, OR 97301

$799,900
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Property Description

8 Unit Mixed use investment opportunity sitting on a high-traffic corner near downtown Salem! Features (2) retail spaces with solid rental history and (6) well-kept, secluded 1 bed/1 bath apartments. Primary retail tenant in place for 23 years! Located on the bus line, walkable to downtown amenities. Tenants enjoy a private courtyard, with alley access, (1) parking space per unit, and shared laundry. Significant rental upside offers investors the opportunity to boost income and improve cash flow in 2027! Please do not disturb the residents

1734 Center St | MLS# 735740524

This multi-family property located at 1734 Center St, Salem, OR 97301 is currently listed for sale with an asking price of $799,900. Search Salem real estate on ryanhoover.bendpremierrealestate.com today.

New to the Market
SQUARE FEET5,099 MLS#735740524
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Property Features

Property Type: Multi Unit - Multiple
Cooling: None
Fuel Type: Electricity
Heating: Zoned
Roof Type: Other
Stories: 1.0
Taxes: $4,368
Year Built: 1946
Square Feet: 5,099

Units

Unit Type 1:
Bathroom(s): 1
Rent: $1300.00
Square Footage: 629
Total Units: 1
Unit Type 2:
Bathroom(s): 1
Rent: $575.00
Square Footage: 391
Total Units: 1
Unit Type 3:
Bathroom(s): 1
Bedrooms: 1
Rent: $822.00
Square Footage: 565
Total Units: 2
Unit Type 4:
Bathroom(s): 1
Bedrooms: 1
Rent: $851.00
Square Footage: 736
Total Units: 3
Unit Type 5:
Bathroom(s): 1
Bedrooms: 1
Square Footage: 736
Total Units: 1

Feature Descriptions

Days on Site: 3
Exterior: Other
Hot Water: Electricity
Parking: OffStreet
Parking Notes: OffStreet
Sewer: Public Sewer
Units: 8
Water: Public Water

Local Schools

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

Listed By / Shown By

Listed By

Agency Name: SMI Commercial Real Estate LLC
Agency Phone: 503-390-6060

Shown By

Agent Name: Ryan Hoover Broker
Agent Phone: (541) 728-8627
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 4,642.03 per month $4,044.73 Principal & Interest $364.00 Property Tax $233.30 Homeowner's Insurance

Change Payment Information

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550 NW Franklin Ave., Suite 108
Bend, OR 97703
(541) 728-8627
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 10/21/2026. The listing information on this page last changed on 10/21/2026. 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 Wed 10/21/2026 12:15:25 AM EST) or RMLS (last updated Tue 10/20/2026 5:03:15 PM EST) or COAR/MLSCO (last updated Wed 10/21/2026 12:11:17 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate 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.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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