REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by CHUN TRUONG • HOMESMART REALTY GROUP • Cell: 503-851-3167
$ 749,900
Est. payment /mo
New
1196 Chemeketa St NE NE Salem, OR 97301
6 Beds
6 Baths
2,704 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi- (5+)
Listing Status Active
Purchase Type For Sale
Square Footage 2,704 sqft
Price per Sqft $277
Subdivision Charles Cartwrights
MLS Listing ID 841068
Bedrooms 6
Year Built 1945
Annual Tax Amount $5,030
Tax Year 2025
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Multi- (5+)
Property Description
Investment opportunity in the heart of downtown Salem! This 6-unit converted home offers excellent income potential with separate water & electric meters for each unit. Unit mix includes 2 studio units, 3 one-bedroom units, and 1 two-bedroom unit, providing strong rental flexibility and tenant appeal. Conveniently located near Willamette University, Salem Hospital, train station, downtown shopping, restaurants, and major services. High-demand location with easy access to freeway & transit.
Location
State OR
County Marion
Area 20 Central Salem
Rooms
Basement Finished
Interior
Hot Water Electric
Heating Electric, Zonal
Flooring Carpet, Vinyl
Laundry Laundry Center
Exterior
Fence Yes
Roof Type Composition
Building
Foundation Slab
Sewer City
Water City
New Construction No
Schools
Elementary Schools Bush
Middle Schools Leslie
High Schools South Salem
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional








