Back to search
745 NE 16TH ST Salem, OR $ 465,000
Share Save
$ 465,000 Get more info
745 NE 16TH ST
$ 465,000
Back to search
Recently Listed
Share Save

745 NE 16TH ST

Salem, OR, 97301
$ 465,000
Bedrooms4 Baths2.1 Sq 2,378

Monthly Estimate*

$ 2,901

745 NE 16TH ST, Salem, OR 97301 - Image 1
745 NE 16TH ST, Salem, OR 97301 - Image 2
745 NE 16TH ST, Salem, OR 97301 - Image 3
745 NE 16TH ST, Salem, OR 97301 - Image 4
745 NE 16TH ST, Salem, OR 97301 - Image 5
745 NE 16TH ST, Salem, OR 97301 - Image 6
745 NE 16TH ST, Salem, OR 97301 - Image 7
745 NE 16TH ST, Salem, OR 97301 - Image 8
745 NE 16TH ST, Salem, OR 97301 - Image 9
745 NE 16TH ST, Salem, OR 97301 - Image 10
745 NE 16TH ST, Salem, OR 97301 - Image 11
745 NE 16TH ST, Salem, OR 97301 - Image 12
745 NE 16TH ST, Salem, OR 97301 - Image 13
745 NE 16TH ST, Salem, OR 97301 - Image 14
745 NE 16TH ST, Salem, OR 97301 - Image 15
745 NE 16TH ST, Salem, OR 97301 - Image 16
745 NE 16TH ST, Salem, OR 97301 - Image 17
745 NE 16TH ST, Salem, OR 97301 - Image 18
745 NE 16TH ST, Salem, OR 97301 - Image 19
745 NE 16TH ST, Salem, OR 97301 - Image 20
745 NE 16TH ST, Salem, OR 97301 - Image 21
745 NE 16TH ST, Salem, OR 97301 - Image 22
745 NE 16TH ST, Salem, OR 97301 - Image 23
745 NE 16TH ST, Salem, OR 97301 - Image 24
745 NE 16TH ST, Salem, OR 97301 - Image 25
745 NE 16TH ST, Salem, OR 97301 - Image 26
745 NE 16TH ST, Salem, OR 97301 - Image 27
745 NE 16TH ST, Salem, OR 97301 - Image 28
745 NE 16TH ST, Salem, OR 97301 - Image 29
745 NE 16TH ST, Salem, OR 97301 - Image 30
745 NE 16TH ST, Salem, OR 97301 - Image 31
745 NE 16TH ST, Salem, OR 97301 - Image 32
View a Virtual Tour

Single Family Home for sale in Salem, OR

for $465,000 with 4 bedrooms and 2 full baths, 1 half bath. This 2,378 square foot home was built in 1926 on a lot size of 0.18.

Turnkey investment with instant cash flow upon closing! This 4 bed, 2.5 bath has room for everyone. Great renters with a lease until July 2026. This well maintained beauty has hardwood floors, new appliances, waterproofed basement with lifetime warranty, and new wall insulation. The huge back yard has excellent ADU potential with pre-approved plans from the city, convenient alley access, and easily accessible utilities. Cap rate 6.2%, GRM 13.1. Tenant occupied. Do not disturb tenants. Offer contingent upon interior inspection.

See more
Single Family Active

Price

$ 465,000

Bedrooms

4

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 3,920

Style

Bungalow

Lot Size

0.18

Year Built

1926

Town/City

Salem

County/Region

Marion

MLS | Web ID

637229774
Features
Interior
Interior Amenities HardwoodFloors Laundry WasherDryer
Basement Finished FullBasement
Total Fireplaces 1
Fireplace Features Gas
Hot Water Gas
Window Features VinylFrames
Total Bathrooms 2.1
Total Bedrooms 4
Total Baths 3
1/2 Baths 1
See more
General
Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof Composition
Appliances Dishwasher Disposal FreeStandingRange FreeStandingRefrigerator Microwave
Garage Spaces 1.0
Architectural Style Bungalow
Security Features SecurityGate
Year Built 1926
Stories Count 3
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number 572138
County Marion
Property Type Residential
HOA N
Subdivision Name ENGLEWOOD
Full Baths 2
Status Active
Directions Market St S on 17th St W on D St N on 16th St
High School North Salem
City Salem
Disclosures Disclosure
MLS Area _174
Lot Size Square Feet 7840.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Englewood
Tax Annual Amount 3920.29
Middle/Junior High School Parrish
Property Condition Resale
Virtual Tour https://my.matterport.com/show/?m=dcGizkLiU86
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description ENGLEWOOD ADD SALEM LOT 10 BLK 2
ADU False
See more
Exterior
Exterior Amenities Deck Fenced FirePit Patio Porch RVParking RVBoatStorage ToolShed Workshop Yard
Parking Features Driveway RVAccessParking
Lot Features Level Private
Water Source PublicWater
Total Parking 1.0
Garage Type Attached
Exterior Description WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 2378.0
Lot Size Acres 0.18
Road Surface Type Paved
See more
Internal Only
Street Number 1 745
See more
* Excluded Features
List By
Premiere Property Group, Llc

Broker

neil@nelsonshometeam.com

Email

Affordability Calculator

$3,228
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,901
Monthly Property Taxes
$327
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
1950927 Elementary School
1951177 Middle School
North Salem High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/4/2025$465,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

745 NE 16TH ST, Salem, OR, 97301 is a Single Family Home for sale at $465,000 with 2,378 sqft and a lot size of 0.18. 745 NE 16TH ST has 4 bedrooms, 2.1 baths, and was built in 1926. The property's zip code is 97301 which is in Salem, OR

Get more info