745 16th St NE

$465,000
Price
4
Beds
2,378 Sq. Ft.
$196 / Sq. Ft.
2,378
Sq. Ft.
$196
per Sq. Ft.

Description

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...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.

Property Details for 745 16th Street Northeast

Style
Bungalow
Subdivision
ENGLEWOOD
Parking Features
Driveway, RVAccess Parking
View
Territorial
Garage Spaces
1.00
Parking Total
1.00
LISTING UPDATED: 12/04/2025 04:07 PM

Property Details for 745 16th Street Northeast

StatusActive
MLS #637229774
Days on Market14
Taxes$3,920 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1926
Lot Size0.18 AC / 7,840 SF
CountyMarion County

Location

Listing Courtesy of Premiere Property Group, LLC
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Building Information for 745 16th Street Northeast

Stories3Year Built1926Building Size-Lot Size0.18 AC / 7,840 SF

Payment Calculator

$2,624 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,298

Property Taxes

$327

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 745 16th Street Northeast

Summary
Location and General Information
  • Country: US
  • Directions: Market St, S on 17th St, W on D St, N on 16th St
  • Road Surface: Paved
School Information
  • Elementary School: Englewood
  • High School: North Salem
  • Middle Or Junior School: Parrish
Parking
  • Garage Type: Attached
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $3,920.29
  • Parcel Number: 572138
  • Tax Legal Description: ENGLEWOOD ADD SALEM LOT 10 BLK 2
Virtual Tour
Property
Lot Information
  • Acres: 0.18
  • Lot Description: Level, Private
  • Lot Size Square Feet: 7840.0
  • Lot Size Range: Sq Ft7000to9999
  • Lot Size: 7,000 to 9,999 Sq Ft
  • SqFt Source: Floor Plan
Property and Assessments
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Water Description: Public Water
  • Property Condition: Resale
  • Year Built: 1926
Utilities
  • Cooling Description: Central Air
  • Fuel Description: Gas
  • Heating Description: Forced Air
  • Hot Water Description: Gas
  • Sewer Description: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Wood Siding
  • Exterior Features: Deck, Fenced, Fire Pit, Patio, Porch, RVParking, RVBoat Storage, Tool Shed, Workshop, Yard
  • Roof Type: Composition
  • RV Description: RVParking, RVBoat Storage
Interior Features
  • Basement: Finished, Full Basement
  • Foundation Details: Concrete Perimeter
  • Window Features: Vinyl Frames
  • Fireplace Description: Gas
  • Fireplaces Total: 1
  • Interior Features: Hardwood Floors, Laundry, Washer Dryer
  • SqFt Calculated: 1460
  • SqFt Lower Level Total: 918
  • SqFt Main Level Total: 980
  • SqFt Upper Level Total: 480
  • Bedrooms Total: 4
  • Stories: 3
  • Baths Total: 2.1
Master Bedroom
  • Room Description: Primary Bedroom
  • Primary Bedroom Additional Features: Ensuite
  • Primary Bedroom Level: Main
  • Primary Bedroom SqFt: 209
  • Primary Bedroom Length: 11
  • Primary Bedroom Width: 19
Bedroom 2
  • Room Description: _2nd Bedroom
  • Bedroom 2 Length: 16
  • Bedroom 2 Width: 9
  • Bedroom 2 Level: Upper
  • Bedroom 2 SqFt: 144
Bedroom 3
  • Room Description: _3rd Bedroom
  • Bedroom 3 Length: 15
  • Bedroom 3 Width: 12
  • Bedroom 3 Level: Upper
  • Bedroom 3 SqFt: 180
Dining Room
  • Room Description: Dining Room
  • Dining Room Level: Main
Family Room
  • Room Description: Family Room
  • Family Room Level: Lower
Kitchen
  • Room Description: Kitchen
  • Kitchen Appliances: Dishwasher, Disposal, Free Standing Range, Free Standing Refrigerator, Microwave
  • Kitchen RoomLength: 21
  • Kitchen RoomWidth: 20
  • Kitchen Room Level: Main
  • Kitchen Room SqFt: 420
Living Room
  • Room Description: Living Room
  • Living Room Length: 18
  • Living Room Width: 14
  • Living Room Level: Main
  • Living Room SqFt: 252
Baths
  • Baths Lower Level Full: 0
  • Baths Lower Level Partial: 0
  • Baths Lower Level Total: 0.0
  • Baths Main Level Full: 2
  • BathsMainLevelPartial: 0
  • Baths Main Level Total: 2.0
  • Bathrooms Full: 2
  • Baths Partial: 1
  • Total Bathrooms: 3
  • Baths Upper Leve lFull: 0
  • Baths Upper Level Partial: 1
  • Baths Upper Level Total: 0.1
Additional Room 1
  • Additional Room 1 Description: _4th Bedroom
  • Additional Room 1 Length: 14
  • Additional Room 1 Level: Lower
  • Additional Room 1 SqFt: 168
  • Additional Room 1 Width: 12
Amenities
Amenities Information
  • Internet Service Type: Cable
Multi Family
Multi-Family Information
  • Security Features: Security Gate
  • SqFt Approximate Building Total: 2378

Property History for 745 16th Street Northeast

DateEvent & SourcePriceAppreciation
Jul 27, 2021

Sold (Public Record)

Public Record #1468646172

$400,000

+9.9% / yr

Jul 9, 2018

Sold (Public Record)

Public Record #625873015

$299,900

+4.9% / yr

Jun 19, 2009

Sold (Public Record)

Public Record #270590148

$194,900

+6.9% / yr

Aug 3, 2001

Sold (Public Record)

Public Record #75975318

$115,000
DateEvent & SourcePrice
07/27/2021

Sold (Public Record)

Public Record #1468646172

$400,000

+9.9% / yr

07/09/2018

Sold (Public Record)

Public Record #625873015

$299,900

+4.9% / yr

06/19/2009

Sold (Public Record)

Public Record #270590148

$194,900

+6.9% / yr

08/03/2001

Sold (Public Record)

Public Record #75975318

$115,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 745 16th Street Northeast

Taxable ValueLand-Additions-Total-
Tax Record2024$3,638 ($303 / month)
Home Facts
Beds3Total Finished SqFt3,296 SqFtAbove Grade Finished SqFt2,378 SqFtFinished Basement SqFt918 SqFtStories1Lot Size7,841 SqFtStyleSingle Family ResidenceYear Built1926Year Renovated1975ZoningRSCountyMARIONAPN073W23DC12300Fireplace TypeHas Fireplace

Schools near 745 16th Street Northeast

This home is within Salem-Keizer School District 24j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Englewood Elementary School
PublicK to 5

Parrish Middle School
Public6 to 8

North Salem High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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745 16th Street Northeast is a single family home for sale in Salem, OR 97301. This property was listed for sale on December 4, 2025 by Premiere Property Group, LLC, it's currently listed at $465,000. It has been on the market for a total of 14 days and was last sold on July 27, 2021. This listing's school district is Salem-Keizer School District 24j. Nearby schools include Englewood Elementary School, Parrish Middle School and North Salem High School. 745 16th Street Northeast is a 4-bed, 3-bath, 2,378 sqft single family home built in 1926.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Premiere Property Group, LLC

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2025 RMLS, Portland, Oregon. Last updated: 12/04/2025 04:07 PM