Price Reduction - Primary on Main
Listed By:
HOMESMART REALTY GROUP - 971-599-5865
Address
229 Commercial St, Salem, OR
Price
$ 299,000
Property Attributes
  • ID#836884
  • TypeSingle Family
  • Listing Status Active
  • CountyMARION
  • CitySalem
  • Area20 CENTRAL SALEM
  • NeighborhoodSaken
  • Zip97301
  • Style
  • Year Built2022
  • Taxes$ 1562
  • Price$ 299,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage924
  • Lot Size0.1 Acres
Data Source:
Willamette Valley MLS (DEMO ONLY FOR COMPLIANCE)
Property Description

Built in 2022, Downtown Salem Loft Condominium, listed for the first time. This 2-bedroom, 1 bath (Jack & Jill style), has been a successful fully furnished rental, offering flexibility for owner-occupants or investors. The open-concept layout features modern finishes with direct access to a private deck. Low maintenance living in the heart of downtown Salem. Available fully furnished! Rents for $2,500 a month. HOA includes: Water, sewer, garb. exterior maintenance and security. The location provides close proximity to Salem Hospital, Willamette University, and the Oregon State Capitol, making it convenient for professionals and students. Just bring your clothes and a toothbrush!

Elementary School Middle School High School
Bush Elementary School Leslie Middle School South Salem High School
Price History
2/5/2026 Listed $399,000
5/19/2026 3$389,000
6/19/2026 3$379,000
8/2/2026 2$374,000
9/11/2026 21$299,000

General Features

Kitchen Level 1/Main
Possession COE
Water City,Connected
New Construction No
HOA Fee 325.41
Subdivision Saken
Water Heater Gas
County Marion
Class Residential
Type Condominium
Block 49
Yearly Taxes 1562
HOA Fee Frequency Monthly
Roof Other (Refer to Remarks)
Status ACTIVE
55+ Community No
Assessments or Liens No
Subdivision OR
Handicap Amenities No
HOA Association With Fee
HOA Amounts Other (Refer to Remarks)
Green Home No
Inspection Report Available No
Primary City Salem
Year Built 2022
Virtual Tour https://www.tourfactory.com/idxr3234896
City Salem
Middle School Leslie
VIEW Territorial
HOME WARRANTY No
High School South Salem
Postal Code 97301
Price Per Sq Ft Total AG 323.59
Price Per Sq Ft Total AG 323.59
TERMS SELLER WILLCONSIDER Cash,Conventional,Federal VA,FHA,ODVA

Interior Features

Living Room Level 1/Main
Flooring Carpet,Vinyl
Beds 2
Total Baths 1
Full Baths 1
Dining Room Area (Combination)
Fireplace Electric
Baths on Level 1 1
Dual Living No
Heating-Cooling Ductless/Mini-Split,Electric,Wall Furnace
Dishwasher Yes
Disposal Yes
High Speed Comm Access Present
Total Baths 1

Exterior Features

Foundation Slab
Garage Type None
Price per Acre 2990000
Lot Size Area 0.1
Water Rights No
Exterior Color Green
Underground Sprinklers No
Outbuildings Other (Refer to Remarks)
Flood Plan No
Lot 3
SEWER - CITY Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 97301

Price
AVG $420K
$300K
Taxes
AVG $7,539
$1,562
Year Built
AVG 1960
2022
Visits
AVG 45
11
Data Provided by Inside Real Estate®