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About This Home

This 3-bedroom, 1-bathroom condo at 231 Commercial St NE in Salem, OR is listed for $599,000 ($314 per sqft). Built in 1867, the home offers 1,906 sqft of living space on a 0.10 acres lot.

Agent Description

Step into the largest of the Downtown Salem Loft Condominiums. This is a rare 3-bedroom, 1-bath residence in the iconic Starkey-McCully building, where speakeasy legends still whisper through the walls. Original hardwood floors from the 1800s anchor this extraordinary space, offering a warmth and authenticity no modern build can match.

Soaring ceilings and thoughtful design create an airy, livable layout that honors the building's storied past while embracing today's comforts. Unwind in the jetted tub or prep meals with a premium Sub-Zero refrigerator; modern luxuries that complement the loft's timeless character.

Location defines this opportunity. Near Salem Hospital, Willamette University, and the Oregon State Capitol. An unbeatable advantage for professionals, students, or savvy investors. Currently thriving as a fully furnished short-term rental, this turnkey property offers immediate income potential in one of Salem's most historic addresses. Own more than a home, own a piece of Salem's history.

Key Features

  • Built in 1867
  • 0.10 acre lot

Property Details

1 full
1867

Amenities

View

Monthly Cost Estimate

$3,204/mo

20% down · 6.5% · 30 years

Principal$433
Interest$2,596
Insurance$175

Estimates only. Actual payments may vary.

Location

231 Commercial St NE

Salem, OR 97301

Features & Amenities

Interior Features

High Speed Internet

Property Details

Flooring

VinylWood

Views

Territorial

Heating

Forced Air

Appliances

DishwasherGarbage DisposerRangeRange - GasWasher

Questions & Answers

This 3-bedroom, 1-bathroom condo at 231 Commercial St NE is listed at $599,000 ($314/sqft). The estimated monthly payment is $2,596 based on 20% down at 6.5% interest.

Key features include: Built in 1867, 0.10 acre lot. Interior Features: High Speed Internet.

This property is listed by MARTA GUAJARDO and can be reached at 9716004893 or martamarieg@gmail.com.

MG

MARTA GUAJARDO

Agent at HOMESMART REALTY GROUP

(971) 600-4893

Listed by HOMESMART REALTY GROUP · View on Broker Site

MLS# 836883· Source: listhub· Updated 116 days ago

Copyright © 2026 Willamette Valley Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

231 Commercial St NE, Salem, OR 97301

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