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$465,000

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 2,378 Sq. Ft.
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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 contingent upon interior inspection.

Full Property Details for 745 NE 16th St

General

  • Price: $465,000
  • Taxes: $3,920 (2025)
  • Status: Active
  • Type: Single Family
  • Source: RWMLS
  • MLS ID: 637229774
  • Updated: 12/4/2025
  • Added to Site: 47 day(s) ago

Interior

  • Interior Features: Hardwood Floors, Laundry, Washer/Dryer
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Gas
  • Appliances: Dishwasher, Disposal, Free-Standing Range, Free-Standing Refrigerator, Microwave

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 1
  • Main - Full Baths: 2

Bedrooms

  • Total Bedrooms: 4
  • Primary Bedroom: 11 x 19, Main, 209 Sq. Ft.
  • Bedroom 2: 16 x 9, Upper, 144 Sq. Ft.
  • Bedroom 3: 15 x 12, Upper, 180 Sq. Ft.
  • Bedroom 4: 14 x 12, Lower, 168 Sq. Ft.

Other Rooms

  • Living Room: 18 x 14, Main, 252 Sq. Ft.
  • Family Room: Lower
  • Kitchen: 21 x 20, Main, 420 Sq. Ft.
  • Dining Room: Main

Additional Information

  • Security/Safety: Security Gate

Exterior

  • Exterior Features: Deck, Fenced, Fire Pit, Patio, Porch, RV Parking, RV/Boat Storage, Tool Shed, Workshop, Yard

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Total Spaces: 1
  • Parking Features: Driveway, RV Access/Parking

Location

  • County: Marion
  • Subdivision: ENGLEWOOD
  • Driving Directions: Market St, S on 17th St, W on D St, N on 16th St

School Information

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

Community

  • Community Name: 174 - Marion Co: Central Salem

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Architectural Style: Bungalow
  • Basement Desc.: Finished, Full Basement
  • Roof: Composition
  • Windows: Vinyl Frames
  • Stories/Levels: 3
  • Square Feet: 2,378
  • Year Built: 1926
  • Property Condition: Resale

Lot Features

  • Lot Size (Acres): 0.18
  • Lot Size (Sq. Ft.): 7,840
  • Lot Size: 7, 000 to 9, 999 SqFt
  • Frontage: Paved
  • Lot Features: Level, Private

Financial Considerations

  • Tax Amount: $3,920.29
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Legal Description: ENGLEWOOD ADD SALEM LOT 10 BLK 2
  • Disclosures/Reports: Disclosure
  • Property ID: 572138

Listed by Premiere Property Group, LLC (503) 670-9000, Neil Nelson (503) 444-1070

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Listing agent

— 745 NE 16th St —

  • Neil Nelson

    Premiere Property Group, LLC

    503-670-9000

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

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NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 745 NE 16th St

School District:Salem-Keizer School District 24j
NameGradesDistance
Englewood Elementary School
1132 19th Street Northeast, Salem, OR 97301
K-50.4 mi
Parrish Middle School
802 Capitol Street Northeast, Salem, OR 97301
6-80.3 mi
North Salem High School
765 14th Street Northeast, Salem, OR 97301
9-120.3 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 745 NE 16th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/04/2025
Listed
$465,000
16.25%
MLS
7/27/2021
Sold
$400,000
—
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 745 NE 16th St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,638
3%
$185,270
3%
2023
$3,530
6%
$179,880
6%
2021
$3,334
-3%
$169,570
-3%
2022
$3,432
6%
$174,650
6%
2020
$3,237
7%
$164,640
3%
2019
$3,029
-2%
$159,850
3%
2018
$3,083
11%
$155,200
3%
2017
$2,783
5%
$150,680
3%
2016
$2,651
-1%
$146,300
3%
2015
$2,670
3%
$142,040
3%
2014
$2,584
6%
$137,910
3%
2013
$2,444
—
$133,900
—
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.

Estimate the Cost for 745 NE 16th St

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Listed by Premiere Property Group, LLC (503) 670-9000, Neil Nelson (503) 444-1070

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745 NE 16th St, Salem, OR 97301 (MLS# 637229774) is a Single Family property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 745 NE 16th St is currently listed for $465,000 and was received on December 04, 2025. Want to learn more about 745 NE 16th St? Do you have questions about finding other Single Family real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.

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