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$850,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • Updated 2 hours ago

Listed By: JORDAN. SPARKS | Smi Real Estate | (541) 646-0650 | 541-646-0650

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Don't miss out! 8 Unit mixed use investment opportunity, sitting on a highly trafficked corner near downtown Salem! Property contains (2) retail spaces with solid rental history and (6) well kept & secluded 1 bed/1 bath apartments. Primary retail tenant has been in place for 23 years. Property sits on the busline and is walkable to various downtown amenities. Tenants enjoy a private courtyard, alley access w/ (1) parking space per unit & a shared laundry room. Plenty of rent upside to improve cash flow! ---> PROPERTY SHOWING set for 9/2/26 11am-1pm Seller requests all interested parties view all Interiors prior to accepting an offer.*Unit #1736 rent increases to $875 on 9.1.26. *Unit #1746 rent increases to $875 on 10.1.26. See associated docs.

Full Property Details for 1742 Center St NE

General

  • Price: $850,000
  • Taxes: $4,369 (25-26)
  • Status: Active
  • Type: Multi-Family
  • Source: WVMLS
  • MLS ID: 844900
  • Updated: Today (8/21/2026)
  • Added to Site: Today

Interior

  • Flooring: Laminate, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 7

Bedrooms

  • Total Bedrooms: 6

Exterior

  • Color: Green

Location

  • County: CENTRAL SALEM
  • Subdivision: Oak Lawn Park
  • Complex: 1734-1748 Center St
  • Driving Directions: Located one block east of the intersection at Center St NE and 17th St NE. Located on the South side of Center.

School Information

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

Heating & Cooling

  • Heating Type: Electric, Zonal
  • Heating Fuel: Electric, Zonal
  • Water Heater: Electric

Utilities

  • Sewer: City
  • Water: City

Structural Information

  • Square Feet: 5,099
  • Year Built: 1946

Unit Information

  • Units in Building: 8

Unit 1

  • Square Feet: 630
  • Total Bathrooms: .5

Unit 2

  • Square Feet: 390
  • Total Bathrooms: .5

Unit 3

  • Square Feet: 1130
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 4

  • Square Feet: 2944
  • Level: Ticor
  • Total Bathrooms: 4
  • Bedrooms: 4

Unit 6

  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.24
  • Lot Size (Sq. Ft.): 1,130
  • Frontage Feet: 390
  • Zoning: MU-1
  • Lot Description: 3

Financial Considerations

  • Price Per Sq. Ft.: $166.7
  • Price Per Acre: $3,541,666.67
  • Assessment Year: 1946
  • Assessment Amount: $62
  • Tax Amount: $4,369
  • Tax Year: 25-26

Disclosures and Reports

  • Lot Number: 3

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Schools serving 1742 Center St NE

School District:Salem-Keizer School District 24j
NameGradesDistance
Englewood Elementary School
1132 19th Street Northeast, Salem, OR 97301
K-50.5 mi
Parrish Middle School
802 Capitol Street Northeast, Salem, OR 97301
6-80.5 mi
North Salem High School
765 14th Street Northeast, Salem, OR 97301
9-120.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1742 Center St NE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/21/2026
Listed
$850,000
1634.69%
MLS
4/22/1987
Sold
$49,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1742 Center St NE

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,368
8%
$212,630
3%
2024
$4,053
3%
$206,440
3%
2023
$3,934
6%
$200,430
6%
2021
$3,715
-3%
$188,940
-3%
2022
$3,824
6%
$194,600
6%
2020
$3,606
7%
$183,440
3%
2019
$3,375
-2%
$178,100
3%
2018
$3,435
11%
$172,920
3%
2017
$3,100
5%
$167,890
3%
2016
$2,953
-1%
$163,000
3%
2015
$2,975
3%
$158,260
3%
2014
$2,880
2%
$153,660
3%
2013
$2,821
—
$149,190
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1625 Dockery Ct N, Keizer, OR 97303 - Photo 1 Just Listed
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1625 Dockery Ct N  Keizer, OR 97303

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Price Reduced near 1742 Center St NE

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1753 Springtime Ct NE, Keizer, OR 97303 - Photo 1 Price Reduced
-$30,000 (-5.71%)
$495,000

1753 Springtime Ct NE  Keizer, OR 97303

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  • 4
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Listed by Heart & Soul Realty, Angela Millard
1209 Bent Grass Ct NE, Keizer, OR 97303 - Photo 1 Price Reduced
-$10,000 (-1.73%)
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1704 Springtime Ct NE, Keizer, OR 97303 - Photo 1 Price Reduced
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1704 Springtime Ct NE  Keizer, OR 97303

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Listed By: GRIT. PHILLIPS | Modern Realty Group Llc

Recent Sales near 1742 Center St NE

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1480 Salishan St  Salem, OR 97302

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Sold by NOM. NON-MEMBER SALE | Non-Member Sale
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4072 Dornach Ln  Salem, OR 97302

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    Total Baths
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    Sq. Ft.
Listed by HomeSmart Realty Group, Eve Olsen
Sold by Non Rmls Broker, OR and WA Non Rmls

1742 Center St NE, Salem, OR 97301 (MLS# 844900) is a Multi-Family property with 8 units containing 6 bedrooms and 0 full bathrooms. 1742 Center St NE is currently listed for $850,000 and was received on August 21, 2026. Want to learn more about 1742 Center St NE? Do you have questions about finding other Multi-Family real estate for sale in Croisan-Illahe? You can browse all Croisan-Illahe real estate or contact a Coldwell Banker agent to request more information.

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