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$2,950,000
777896544 MLS
Acquire a fully occupied, value-add office investment with riverfront positioning, significant income upside, and excess land in Salem. Located at 2405 Front St NE, the property includes a 23,079 SF elevator-served multi-tenant office building on four parcels totaling approximately 4 acres. Current tenancy is diversified across professional service, healthcare, and nonprofit users.Despite 100% occupancy, the property offers a measurable path to higher income. 2025 annualized NOI of approximately $125,000 grows to approximately $201,000 stabilized NOI based on market rents, supplemental conference-room income, and 5% vacancy assumptions in a 2026 third-party valuation. Less than 14,000 SF is currently represented on the rent roll within the 23,079 SF building, creating additional longer-term upside through incorporation of a common-area load factor as leases roll.The site also offers approximately 1.2 acres of excess land with potential for future development or separate disposition. MU-R and RS zoning, substantial parking, riverfront setting, and proximity to the planned ~$150 million Cannery redevelopment provide additional long-term optionality.The property may appeal to traditional investors seeking in-place income and value-add potential, owner-users considering future occupancy as leases mature, or buyers interested in redevelopment opportunities. Supporting documentation includes BOMA floor plans and a 2026 third-party valuation analysis. Buyer to verify all information, including rentable area, zoning, development potential, and lease terms. Contact listing broker for offering materials or to schedule a tour.

2405 FRONT NE ST, Salem

$489,900
4 Beds 2 Baths 612099212 MLS
Step into the timeless charm of this beautifully preserved 1920s Craftsman offering **4 bedrooms, 2 bathrooms, and approximately 2,800 square feet** of living space. Rich in architectural detail, you'll find many of the features that make Craftsman homes so beloved, including original woodwork, built-ins, classic trim, and an inviting front porch that welcomes you home.Inside, the home showcases the craftsmanship of a bygone era while offering the comfort and functionality today's buyers are looking for. Natural light fills the living spaces, highlighting the home's historic character and creating an inviting atmosphere throughout. The spacious floor plan provides flexibility for everyday living, entertaining, or working from home.This classic Craftsman offers a rare opportunity to own a home that celebrates the quality, detail, and enduring appeal of early 20th-century design. Whether you're drawn to historic architecture, appreciate authentic craftsmanship, or simply want a home with character that stands apart from the ordinary, this property is sure to impress.Come experience the warmth, charm, and timeless elegance of this exceptional home.

1970 MAPLE NE AVE, Salem

$469,000
4 Beds 2 Baths 608714281 MLS
Charming 1926 cottage where original craftsmanship meets modern comfort. This 4-bedroom, 2-bath home features an original built-in display cabinet with detailed period craftsmanship, adding distinctive character to the updated interior. Granite countertops, a gas range, and a finished basement provide the convenience and flexible living space today’s buyers value—ideal for guests, hobbies, storage, a home office, or additional living area.Major improvements completed within the past two years include a new stacked washer/dryer, sump pump, gas stove, furnace, air conditioner, garbage disposal, backyard gravel, and mulch. Solar panels were installed in July 2024 and will be paid off by Seller at closing, allowing the next owner to enjoy the benefits of solar without taking on a solar payment. *ELECTRIC BILL $17-$150 FOR THE SELLERS* The deep lot offers alley access, an established sprinkler system, and room to enjoy outdoor living, gardening, parking, or future possibilities. Located in an established neighborhood directly across from a park, this inviting cottage combines vintage charm, practical updates, and a convenient setting.

1335 NE 19TH ST, Salem

$450,000
3 Beds 1 Baths 781221533 MLS
Gracefully spanning the historic Mill Race in the heart of Central Salem, this remarkable 1901 Victorian is one of the city's most significant residential properties-and believed to be the only residential home constructed over the Mill Race itself. Rich in history and lovingly restored, this extraordinary home beautifully preserves its original architectural character while benefiting from carefully completed system improvements for modern-day comfort. From the moment you arrive, the property tells a story. Original horse carriage rings remain at the curb, offering a glimpse into its early beginnings while the beautifully landscaped grounds create a peaceful setting along the Mill Race with winding pathways, inviting outdoor spaces, and picturesque views rarely found this close to downtown.Inside, timeless craftsmanship is showcased through original fir floors, intricate millwork, built-ins, abundant natural light, and period details throughout. Thoughtfully restored kitchen and bath spaces complement the home's historic integrity, while updated electrical, plumbing, HVAC, insulation, and other major systems provide confidence for today's homeowner without compromising its authenticity.Outdoor living is equally exceptional, featuring a screened porch, courtyard terrace, and spacious deck overlooking the Mill Race-creating a seamless connection between the home and its remarkable setting. The iconic original carriage house and unfinished basement offer additional character, storage, and future possibilities.Located just moments from downtown Salem, the Oregon State Capitol, Willamette University, parks, shopping, and dining, this is a rare opportunity to own one of Salem's most distinctive and historically significant homes.

185 19TH SE ST, Salem

$449,000
3 Beds 2 Baths 692705793 MLS
Evergreen is a neighborhood within a neighborhood: An exquisitely quiet pocket of the lovely Northeast Neighbors section of Salem. Situated on a large corner lot, this 1939 English Cottage style home is exactly as it should be: Updated in all the right places using timeless finishes that blend perfectly with the intact character. Savor the beautiful blend of tudor revival and art deco influences, warm wood floors, arched doorways, coved ceilings, and original built-ins. Be delighted by the eye-catching finished attic primary suite complete with vaulted ceilings, a soaking tub, dual sinks, and smart custom closet. The appeal continues outside, where you'll find a lovely private yard with a covered deck, a large heated and finished workshop/garage/bonus space with its own subpanel, and a coveted two-car-wide driveway. On the other side of the home you'll find a sunny fenced area with a raised garden bed. A large basement with good ceiling height provides room to grow. Come experience it yourself!

1815 MADISON NE ST, Salem

$439,000
4 Beds 2 Baths 401900045 MLS
More than move-in ready, this beautifully remodeled quintessential 1940s Salem home blends timeless character with modern updates! Enter from the covered porch into a spacious living room featuring refinished hardwood floors, oversized windows that fill the space with natural light, and fireplace. The updated kitchen offers granite countertops, new flooring, an impressive range hood, and new stainless steel appliances. 10x20 detached studio offers true ADU potential with power and water nearby to connect.The versatile floor plan adapts to your lifestyle, functioning as a 5-bedroom home or offering the option to use the adjoining room with its own exterior entrance as a private office, nursery, or retreat off the primary bedroom. The large, mostly finished, 1,442sqft basement (included in the home’s total square footage) adds exceptional flexibility with two additional finished rooms, a full bath, and a large recreation/family room with new carpet throughout. Multiple exterior entrances, a detached garage, and a detached 10x20 studio create even more potential for hobbies, guests, or multi-generational living. There is so much "new" on this house with just a few items being windows, gas on-demand hot water heater, plumbing, gas plumbing, deck, countertops, paint, electrical upgrades, and so much more. Electric Stove is also plumbed for gas. Truly this home is not just "move-in ready" but made to provide comfort and security long into the future.

1090 DONNA AVE, Salem

$428,500
3 Beds 2 Baths 775712290 MLS
Welcome to this beautifully maintained 3-bedroom, 2-bathroom home, lovingly cared for and thoughtfully updated with quality and comfort in mind. From the moment you step inside, you’ll appreciate the attention to detail and pride of ownership throughout.At the heart of the home is a beautifully updated kitchen featuring granite countertops, soft-close cabinetry, and high-end Bosch stainless steel appliances. The result is a polished, modern space that still feels warm and inviting.Updated LVP flooring flows throughout the home, creating a clean and cohesive look, while the beautifully remodeled bathroom adds another touch of modern comfort and style.The thoughtful upgrades continue outdoors. Custom French doors from both the primary bedroom and living room create a wonderful connection to the beautifully landscaped backyard. Step onto the spacious deck, where a retractable awning lets you choose between relaxing in the sunshine or enjoying comfortable shade—perfect for outdoor dining, entertaining, or simply unwinding.This property also offers excellent flexibility and convenience. The custom garage door is taller than standard, making it ideal for accommodating taller vehicles. A dedicated side parking pad provides additional parking options, while an RV sewer hookup adds even more functionality.Additional improvements include a 50-year roof installed around 2015, a newer water heater, and numerous other updates throughout the home. Beautifully landscaped, exceptionally maintained, and conveniently located with quick access to I-5 for an easy commute, this is a home where the major improvements—and the thoughtful little details—have already been taken care of.Simply move in, settle in, and enjoy!

1735 PLATEAU NE ST, Salem

$425,000
4 Beds 2 Baths 705542455 MLS
Beautifully updated 4-bedroom, 2-bath home on a corner lot in a convenient location w/easy I-5 access & close to downtown. The main level features newly refinished hardwood floors, fresh interior paint, an updated kitchen w/new dishwasher, built-in cabinetry in the dining room, and a welcoming living room with fireplace. The stunning clawfoot bathtub adds a touch of vintage charm, while the high-efficiency gas furnace provides comfortable & economical heating. Upper Level Office w/adjacent Bedroom or Suite. Finished basement adds even more living space with two rooms and a bathroom, plus its own separate entrance—offering excellent potential for dual living, guest space, a home office, or hobbies. Enjoy the fenced backyard with potential RV parking and detached garage. Hardie siding installed in 2018. So much to offer in a great location—this one is a must-see!

2275 CENTER NE ST, Salem

$399,900
3 Beds 1 Baths 528896494 MLS
Welcome to a truly special home where the timeless charm of the past meets the comfort and updates of today. From its beautiful curb appeal to its inviting interior, this 1926 gem has a warmth and character that is increasingly hard to find.Featuring 3 large bedrooms and 1 full bathroom, this home offers generous living spaces and room to grow. Downstairs, the nearly 7-foot-tall basement provides valuable additional space and already has plumbing in place for a future full bathroom an exciting opportunity to create even more functionality and value.Step outside and discover an expansive backyard, perfect for entertaining, gardening, play, or simply enjoying peaceful moments surrounded by nature. RV/boat parking and hookup.And then there’s the neighborhood. Situated on a wonderful street where neighbors look out for one another and take pride in caring for their homes, this is the kind of community that makes a house feel like home.The sellers are devastated to have to say goodbye to this special place, but circumstances are forcing them to sell. Their loss can truly be your gain. This is your opportunity to own a home filled with character, charm, updates, potential, and the kind of peaceful neighborhood setting people dream about.Come experience the magic for yourself you may just fall in love.

1825 4TH ST, Salem

$390,000
4 Beds 2 Baths 256813391 MLS
Charming 1926 bungalow with strong income potential. This 4-bedroom, 2-bath home has been newly updated throughout, including new plumbing, fresh interior and exterior paint, new kitchen cabinets, and granite countertops in the main kitchen. The home offers two kitchens and a separate studio-style living area with its own bath and kitchen, creating excellent flexibility for extended living, guest space, or rental income. The attached apartment is well suited for separate living arrangements while still sharing utility service.Centrally located in an established neighborhood, the property is just minutes from downtown, Keizer, and I-5. A rare opportunity to own a classic home with modern updates and versatile income potential. A great opportunity for an investor or multi-family living.

920 NE ACADEMY ST, Salem

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