# 231 Commercial St NE, Salem, OR 97301

> **TL;DR:** 3bd/1ba condo, $599,000 ($314/sqft), built 1867, 1,906 sqft.
> View. Est. $2,596/mo. Listed 116 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $599,000 |
| Price/sqft | $314 |
| Bedrooms | 3 |
| Bathrooms | 1 full |
| Square Feet | 1,906 |
| Year Built | 1867 |
| Lot Size | 4,356 sqft (0.10 acres) |
| Property Type | Condo (Condominium) |
| Status | For Sale |
| Days on Market | 116 |

## Why This Home Stands Out

- **Views** - Territorial

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,596 |
| **Total** | **$2,596** |

## Nearby Schools

- **Elementary:** Bush
- **Middle:** Leslie
- **High:** South Salem

## Key Amenities

- View

## Property Highlights

- Built in 1867
- 0.10 acre lot

## Description

### 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.

## Location

- **Address:** 231 Commercial St NE, Salem, OR 97301
- **County:** Marion

## Listing Agent

- **Name:** MARTA GUAJARDO
- **Brokerage:** HOMESMART REALTY GROUP
- **Phone:** 9716004893
- **Email:** martamarieg@gmail.com

## Primary Photo

![231 Commercial St NE - Primary Photo](http://lh.rdcpix.com/b9367050b881cb0a357cbfa0d458d1cel-f2091250946r.jpg)

*45 total photos available on [listing page](https://www.propertysimple.com/listing/231-commercial-st-ne-salem-or-97301-r836883)*

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**MLS#:** 836883 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/231-commercial-st-ne-salem-or-97301-r836883)

---

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