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About This Home
This 6-bedroom, 6-bathroom residential multi family at 1196 Chemeketa St NE in Salem, OR is listed for $749,900 ($277 per sqft). Built in 1945, the home offers 2,704 sqft of living space on a 0.13 acres lot.
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.
Key Features
- Built in 1945
- 0.13 acre lot
Property Details
Amenities
Monthly Cost Estimate
$4,011/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1196 Chemeketa St NE
Salem, OR 97301
Charles Cartwrights
Features & Amenities
Exterior Features
Property Details
Flooring
Heating
Cooling
Appliances
Questions & Answers
This 6-bedroom, 6-bathroom residential multi family at 1196 Chemeketa St NE is listed at $749,900 ($277/sqft). The estimated monthly payment is $3,250 based on 20% down at 6.5% interest.
Key features include: Built in 1945, 0.13 acre lot. Exterior Features: Fenced Yard, Landscaping.
This property is listed by CHUN TRUONG and can be reached at 5038513167 or chun.t@comcast.net.
