Date
Details
Price
Change
Source
2/04/2026
Listed
$399,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$399,000 Just Listed
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Property Description
Newly built in 2022, Downtown Salem Loft Condominium, listed for the first time. This 2-bedroom, 1.5-bath residence has been a successful short-term rental, offering flexibility for owner-occupants or investors. The open-concept layout features modern finishes and natural light throughout, with direct access to two private decks for outdoor enjoyment. The location provides close proximity to Salem Hospital, Willamette University, and the Oregon State Capitol, making it convenient for professionals, students, and those seeking an urban lifestyle. Low-maintenance living in the heart of downtown Salem. Available fully furnished.
Full Property Details
Full Property Details for 227 Commercial St NE
General
- Price: $399,000
- HOA FEE: $325/month
- Taxes: $1,562 (25)
- Status: Active
- Type: Condo
- Source: WVMLS
- MLS ID: 837310
- Updated: 2/4/2026
- Added to Site: 4 day(s) ago
Interior
- Flooring: Carpet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Exterior
- Color: Green
Parking
- Garage Description: None
Location
- County: CENTRAL SALEM
- Subdivision: Salem
- Driving Directions: I5 to OR 22 W, to Church St SE, to Chemeketa St. NE to Commercial St. NE
School Information
- Elementary School: Bush
- Middle School: Leslie
- High School: South Salem
Heating & Cooling
- Heating/Cooling: Electric, Wall Furnace, Ductless/Mini-Split
- Water Heater: Gas
Utilities
- Sewer: Yes
- Water: City, Connected
Structural Information
- Roof: Other (Refer to Remarks)
- Square Feet: 924
- Year Built: 2022
Lot Features
- Lot Size (Acres): 0.1
- Lot Description: 3
Financial Considerations
- Price Per Sq. Ft.: $431.82
- Association Fee: $325
- Assoc Fee Freq.: Monthly
- Assessment Year: 2022
- Tax Amount: $1,562
- Tax Year: 25
Disclosures and Reports
- Lot Number: 3
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NMLS#: 1598647
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Schools
Schools serving 227 Commercial St NE
School District:Salem-Keizer School District 24j
| Name | Grades | Distance |
|---|---|---|
Bush Elementary School 410 14th Street Southeast, Salem, OR 97301 | K-5 | 1 mi |
Leslie Middle School 3850 Pringle Road Southeast, Salem, OR 97302 | 6-8 | 3 mi |
South Salem High School 1910 Church Street Southeast, Salem, OR 97302 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 227 Commercial St NE
Estimate the Cost
Estimate the Cost for 227 Commercial St NE
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- Single Family
- Active
- Updated 10 hours ago
- 3Beds
- 2Total Baths
- 1,632Sq. Ft.
Listed By: ELIZABETH. HARKNESS | Premiere Property Group, Llc - South Salem
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,190Sq. Ft.
Listed By: AMY. MCLEOD P.C. | Keller Williams Capital City
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,662Sq. Ft.
Listed By: JERUSHA L. MALAER | John L. Scott-Salem
- Single Family
- Active
- Updated 5 hours ago
- 2Beds
- 2Total Baths
- 1,756Sq. Ft.
Listed by Paramount Real Estate Services, Savannah Waters
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- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,476Sq. Ft.
Listed By: NEREYDA. AGUIRRE | Exp Realty, Llc
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,160Sq. Ft.
Listed By: CONNIE. BASINGER | Berkshire Hathaway Homeservices R E Prof
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,316Sq. Ft.
Listed By: DENISE. BUSCH | Paramount Real Estate Services
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 2,012Sq. Ft.
Listed by Keller Williams Realty Portland Premiere, Mark Scholz
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- Single Family
- Closed
- 1Bed
- 2Total Baths
- 1,140Sq. Ft.
Listed By: CHRISTINE. FOLZ | Real Broker
Sold by MELINA. TOMSON | Tomson Burnham, Llc
Sold by MELINA. TOMSON | Tomson Burnham, Llc
- Single Family
- Closed
- 3Beds
- 1Total Bath
- 1,991Sq. Ft.
Listed By: JUDITH. KUEHNE | Move Real Estate and BRITTANY. GIBBS | Move Real Estate
Sold by KEVIN. PENA ACEVES | Exp Realty, Llc
Sold by KEVIN. PENA ACEVES | Exp Realty, Llc
- Single Family
- Sold
- 3Beds
- 1Total Bath
- 1,991Sq. Ft.
Listed by Move Real Estate Inc, Judy Kuehne
Sold by eXp Realty, LLC, Kevin Pena Aceves
Sold by eXp Realty, LLC, Kevin Pena Aceves
- Single Family
- Closed
- 2Beds
- 2Total Baths
- 1,515Sq. Ft.
Listed By: JERUSHA L. MALAER | John L. Scott-Salem
Sold by SUE. LONG | Keller Williams Realty Mid Willamette
Sold by SUE. LONG | Keller Williams Realty Mid Willamette
227 Commercial St NE, Salem, OR 97301 (MLS# 837310) is a Condo property with 2 bedrooms and 1 full bathroom. 227 Commercial St NE is currently listed for $399,000 and was received on February 04, 2026. Want to learn more about 227 Commercial St NE? Do you have questions about finding other Condo real estate for sale in Central Area? You can browse all Central Area real estate or contact a Coldwell Banker agent to request more information.