Sold1091d on market
250 16th St SE
Salem, OR, 97301 • Southeast Salem • Marion County
$950,000
$239/sqft
7Beds
6Baths
3,976Sqft
1976Built
Market activity
Demand and pricing signals for this listing
6 views
People checking out this listing
1091 days on market
Established listing
$239/sqft
Price per square foot
About this home
Multi Family · Built 1976
Great investment opportunity, multifamily or generational living potential located near Willamette University, the Capitol and Salem Hospital. On the well maintained property you'll find a main house with 4 bed and 3 bath and 3 additional units that are all 1 bed and 1 bath. Kitchens feature stainless steal appliances and granite countertops. Onsite parking is provided for the tenants.
Estimated monthly payment
Based on current rates
$5,970/month
Principal & Interest$4,703
Property Tax$950
Insurance$317
Down payment20% ($190,000)
3%50%
Est. 6.30% rate · 30yr fixed · $760,000 loan
Full calculator →At a glance
Key facts and listing details
TypeQuadruplex
Year Built1976
ParkingNo Data
Property
Home typeMulti Family
Sub-typeQuadruplex
Year built1976
Systems
Water / SewerPublic / Public Sewer
Location & Tax
NeighborhoodSoutheast Salem
ZoningRM-2
Annual tax$5,817
Features & details
4 categories of property features
Interior Features
Appliances
Dishwasher
Flooring
Carpet
Laminate
Laundry
W/D Hookup
Fireplace
Family Room
Listing insights
Market data and value estimates
StatusSold
Days on market1091
Est. value$915,400
Est. rent$1,469/mo
Tax rate0.81%
Price/sqft$239
On marketFeb 14, 2024
PostedFeb 14, 2024
Last sold$950,000
MLS updatedApr 5, 2023
Tour days6
Views6
How are the schools in Salem?
3 schools rated nearby
Location
Salem, OR, 97301
Price history
9 events
DateEventPrice$/sqftSource
Jul 25, 2025Listing Removed$2,650$1Zillow Rentals
Jul 4, 2025Listed For Rent$2,650$1Zillow Rentals
Jul 28, 2024Listing Removed$859,900$216WVMLS
Mar 31, 2023Sold$950,000$239WVMLS
Mar 7, 2023Pending Sale$975,000$245RMLS (OR)
Feb 24, 2023Price Change$975,000$245RMLS (OR)
Feb 11, 2023Listed For Sale$995,000$250RMLS (OR)
Jun 19, 2021Contingent$859,900$216WVMLS
May 18, 2021Listed For Sale$859,900$216WVMLS
Listing Removed$2,650
Jul 25, 2025•$1/sqft•Zillow Rentals
Listed For Rent$2,650
Jul 4, 2025•$1/sqft•Zillow Rentals
Listing Removed$859,900
Jul 28, 2024•$216/sqft•WVMLS
Sold$950,000
Mar 31, 2023•$239/sqft•WVMLS
Pending Sale$975,000
Mar 7, 2023•$245/sqft•RMLS (OR)
Price Change$975,000
Feb 24, 2023•$245/sqft•RMLS (OR)
Listed For Sale$995,000
Feb 11, 2023•$250/sqft•RMLS (OR)
Contingent$859,900
Jun 19, 2021•$216/sqft•WVMLS
Listed For Sale$859,900
May 18, 2021•$216/sqft•WVMLS
Nearby homes
Neighborhood details
Local context around this listing
Salem, OR • Marion County
Nearby neighborhoods
East LancasterFaye WrightFour CornersHayesvilleMorningsideNorth LancasterNorthgateSouth GatewaySoutheast Mill CreekWest Salem
Nearby cities
AumsvilleAuroraHubbardJeffersonKeizerSalemSilvertonStayton
Nearby zip codes
97301973029730497305973069730897309973109731297317
Similar homes
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.
No obligation · Same-day response