227 Commercial St NE, Salem, OR 97301
2
1|Apartment
NZD $526,137
USD $299,000
Published on: 10 Apr 2026
Last updated on: 24 Oct 2026
Property ID: 110107164804
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Residential, 1 Story, Salem, OR
227 Commercial St NE, Salem, OR 97301
Turnkey Investment Opportunity with Immediate Rental Income in Downtown Salem! Built in 2022, this modern 2-bedroom, 1-bath condominium is an excellent opportunity for investors seeking an established, income-producing property. Currently rented for $2,500 per month, with an existing tenant and lease transferring to the new owner! The open-concept floor plan features contemporary finishes, a convenient Jack-and-Jill bathroom, and direct access to two decks. Low-maintenance living in the heart of downtown Salem. The location provides close proximity to Salem Hospital, Willamette University, and the Oregon State Capitol, making it convenient for students and professionals.
Property Details
Basic Info
Indoor Feature
Outdoor Feature
Basic Info
Property Type
Apartment
Listing Status
Active
Land Size
404.69 m2
Building Size
85.84 m2
Year Built
2022
Rooms
2 bedroom(s), 1 bathroom(s)
Architecture Style
Other
Num Floors
1
County
Marion
Parcel ID
073W22DC08800
Provider
Willamette Valley Multiple Listing Service
Subdivision
Salem
Brokerage Office Name
HomeSmart Realty Group
Brokerage Office Phone
(971) 599-5865
Neighbourhoods
Salem
Address
227 Commercial St NE, Salem, OR 97301
Nearby Schools
| Type | School name | District name |
|---|---|---|
| High | South Salem | Not available |
| Elementary | Bush | Not available |
| Middle | Leslie | Not available |
| Juniorhigh | Leslie | Not available |
Tax History
| Year | Tax amount | |
|---|---|---|
| 25 | USD $1562 | NZD $2,749* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.
Contact Agent
MARTA GUAJARDO
HOMESMART REALTY GROUP
3240 COMMERCIAL ST SE , SALEM, OR 97302
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MARTA GUAJARDO
3240 COMMERCIAL ST SE , SALEM, OR 97302
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Property ID: 110107164804
Original Property ID: 3yd-WVMLSOR-837310Data provided by Willamette Valley Multiple Listing Service, MLS #: 837310
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