Skip To Content
Listing provided courtesy of COLDWELL BANKER PROFESSIONAL GROUP: 503-538-0468.

1915 Commercial SE

Salem, OR 97302
  • $650,000
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: 828272
UPDATED: 39 min ago
$650,000
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,242
    SQFT
  • $200
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1976
County:

School Ratings & Info

Listing provided courtesy of COLDWELL BANKER PROFESSIONAL GROUP: 503-538-0468. Listing information © 2025 Willamette Valley Multiple Listing Service



Description

Investor special! Are you ready for an income producing, high cap rate, low maintenance investment? Look no further. This specially modified, commercially zoned property is the perfect place for any investor who is looking to expand their portfolio. This property is currently tenant occupied as a group home. Utilizing a property tax exemption and tenant-paid utilities, the financials are impeccable, offering over a 6% cap rate and a cash flowing investment.

Monthly Payment Calculator



Willamette Valley MLS logo © 2025 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2025-05-20T22:08:40.4.
www.willamettevalleyhouses.com/homes/163103943
Print Image

1915 Commercial SE Salem, OR 97302

  • Price: $650,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 39 min ago
  • MLS #: 828272
0
Beds
0
Baths
0
½ Baths
0.31
Acres
3,242
SQFT
$200
$/SQFT
1976
Built
Neighborhood:
40 SOUTHEAST SALEM
County:
Marion
Area:
40 SOUTHEAST SALEM
Property Description
Investor special! Are you ready for an income producing, high cap rate, low maintenance investment? Look no further. This specially modified, commercially zoned property is the perfect place for any investor who is looking to expand their portfolio. This property is currently tenant occupied as a group home. Utilizing a property tax exemption and tenant-paid utilities, the financials are impeccable, offering over a 6% cap rate and a cash flowing investment.
Exterior Features

Access 4-Wheel Drive Recommended Fenced Yes Parking Spaces 6 Roof Composition Siding Style T111

Interior Features

Heating Forced AirHeat Pump

Property Features

Assessments Or Liens Yes Cap Rate 6% Commercial Type Special Purpose Cross Street Commercial Net Income 45600 New Construction No Owner Occupied Yes Property Use Type BusinessInvestment Sewer City Source Of Square Feet County Terms Seller Will Consider CashConventional Water City Zoning CO

© 2025 Willamette Valley Multiple Listing Service. All rights reserved.


Willamette Valley MLS logo © 2025 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2025-05-20T22:08:40.4.
 
https://bt-photos.global.ssl.fastly.net/salem/1280_boomver_1_828272-2.jpg https://bt-photos.global.ssl.fastly.net/salem/1280_boomver_1_828272-2.jpg https://bt-photos.global.ssl.fastly.net/salem/1280_boomver_1_828272-2.jpg
Logo
Young Property Group | Keller Williams Realty Mid Willamette
2125 Pacific Blvd SW
Albany OR, 97322
Listing provided courtesy of COLDWELL BANKER PROFESSIONAL GROUP: 503-538-0468. Listing information © 2025 Willamette Valley Multiple Listing Service