$995,000 SALE
Multi-Family
7,445 SF
656-658 Center St NE
Salem, OR 97301 Town Center Apartments



Fully leased 13-unit apartment building in the heart of downtown Salem! Beautifully renovated in 2017 with new paint, 8 security cameras, window blinds, energy-efficient windows, carpet, doors, furnace, locking mailbox, and LED lights. The property consists of two addresses on one tax lot. Within walking distance to Oregon State Capitol, Oregon State Capitol Park, Salem Center Mall, and many other amenities. Nearby businesses include Macy's, Bank of America, Love Love Teryaki, Ike Box Cafe, YMCA, and a few churches.


Property Type Multi-Family
Property Use Rental or Investment
Year Built 1915
Renovated Year 2017
Level Number 2
Sub-Lease 13
Zoning CR/Overlay
Listing ID 5DGLX9
MLS ID 749828
Style Multi-Family (5-20 Units)
Building Size 7,445 SF
Available Date May 16th, 2019

Property Highlights

Great Investment Opportunity!

Located in the Downtown Opportunity Zone

Area Description

Region: N America

Region: Pacific Northwest

Region: Oregon

Region: Salem

Property Features
Sewer: City
Age: Over 50 Years Old
Water: City Water
Lot Size: Under 1/2 Acre
Additional Media Area Demographics