Shawn Realty 503-515-4499
5,099 sq ft
1734 CENTER ST, Salem, OR 97301
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- Building Area
- 5,099 sq ft
- Price/Sq Ft
- $157/sq ft
- Year Built
- 1946
- County
- Marion
- Annual Tax
- $4,368 (2025)
- Days on Market
- 26 days
- Open House
- None scheduled
Monthly payment
$5,408 per month
- Principal & interest$4,877
- Property taxes$364
- HOA dues$0
- Home insurance$167
- Utilities$0
10% down · 30-year fixed · 7.18% rate · 7.281% APR (est.)
Rate: Freddie Mac weekly average, as of 11/05/2026. Estimate by Shawn Realty, not RMLS data.
Estimate by Shawn Realty, not RMLS data.
- Interest rate: 7.18% (7.281% APR, estimated). Rate: Freddie Mac weekly average, as of 11/05/2026.
- Down payment: 10% ($79,990) on $799,900; loan $719,910
- Term: 30-year fixed (360 monthly payments)
- Property taxes: $364/mo (RMLS annual tax ÷ 12)
- HOA dues: $0 (no HOA fee listed in RMLS)
- Home insurance: $167/mo (Shawn Realty assumption, 0.25% of price per year; not a quote)
- Est. APR assumes 1% of the loan amount in points and lender fees.
This is an estimate. Verify exact numbers with your lender.
Estimate only, not a loan offer or commitment. Principal, interest, est. property tax and HOA. Excludes homeowners insurance, mortgage insurance (PMI, typically required with under 20% down) and other costs. Actual rate, APR and payment depend on credit, lender and loan program. Talk to a licensed loan officer.
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
Facts & Features
| Property Type | Multi Family |
|---|---|
| Building Area (sq ft) | 5099 |
| Lot Size (acres) | 0.24 |
| Lot Size (sq ft) | 10454 |
| Year Built | 1946 |
| County | Marion |
| Elementary School | Englewood |
| Middle School | Parrish |
| High School | North Salem |
| Heating | Zoned |
| Cooling | None |
| Roof | Other |
| View | No |
| Parking | Off Street |
| Sewer | Public Sewer |
| Water | Public Water |
| Annual Taxes | $4,368 |
| Tax Year | 2025 |
| Original List Price | $850,000 |
| RMLS # | 735740524 |
Map data © OpenStreetMap contributors (not RMLS data).
Listed by Jordan Sparks • SMI Commercial Real Estate LLC
Listing updated: Oct 16, 2026 at 3:09pm
Source: RMLS #735740524
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 brokerage firms other than Shawn Realty are marked with the RMLS logo, and detailed information about these properties includes the name of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
This content last updated on 11/09/2026 17:45. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by RMLS.
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Shawn Yu, Shawn Realty · 503-515-4499
Shawn Yu (Shawn Realty) is not the listing agent for this home.
Shawn Realty