Off Market504d on market

777 Commercial St SE Suite 514

Salem, OR, 97301 • Central Area • Marion County

$256,900

$272/sqft

1Beds

1Baths

946Sqft

2009Built

Market activity

Demand and pricing signals for this listing

504 days on market

Established listing

$272/sqft

Price per square foot

About this home

Apartment · Built 2009

Welcome to The Meridian, where upscale living meets the vibrant energy of historic downtown Salem. Enjoy captivating views of the Willamette River and city skyline from your new home, designed for both style and comfort. Choose from our spacious pet-friendly one, two, and three-bedroom apartments, each featuring elegant finishes and open layouts. Elevate your lifestyle with access to a state-of-the-art fitness center, bike storage and a repair station for the cycling enthusiast. With exceptional service and an ideal location just steps from Salem's finest shops, dining, and parks, The Meridian is your gateway to a refined lifestyle in the heart of Oregon's capital.

Standout features identified

Our analysis highlights open layouts and elegant finishes as key attractions of this home.

Estimated monthly payment

Based on current rates

$1,632/month

Principal & Interest$1,289

Property Tax$257

Insurance$86

Down payment20% ($51,380)

3%50%

Est. 6.43% rate · 30yr fixed · $205,520 loan

Full calculator →

At a glance

Key facts and listing details

TypeApartment

Year Built2009

HeatingFireplace

CoolingAir Conditioner

ParkingNo Data

Property

Home typeApartment

Sub-typeApartment

Year built2009

Stories6

Systems

HeatingFireplace

CoolingAir Conditioner

Location & Tax

NeighborhoodCentral Area

Annual tax$4,639

Parcel345704

Bathrooms & Fees

Full baths1

Features & details

8 categories of property features

Interior Features

Interior

Double Vanity

Elevator

Large Closets

Storage

View

Appliances

Dishwasher

Dryer

Microwave

Washer

Heating

Fireplace

Cooling

Air Conditioner

Laundry

In Unit

Exterior Features

Exterior

Bicycle storage

Built-In Shelving

Business Center

Crown Molding

Exterior Type: Conventional

Granite Countertops

High-speed Internet Ready

Online Rent Payment

Parking

Pet Friendly* Restrictions apply

PetCare

Spacious Floor Plans

Stainless Steel or Black Appliances

Superior Soundproofing

Unique Custom Finishes

View Type: View

Within Walking Distance of Beautiful Parks

Gardens & Outdoor Recreation

Community

Fitness Center

Security

Gated Community

Listing insights

Market data and value estimates

StatusOff Market

Days on market504

Est. value$256,900

Est. rent$1,829/mo

Tax rate0.81%

Price/sqft$272

On marketNov 7, 2024

PostedNov 7, 2024

MLS updatedNov 19, 2024

Tour days6

How are the schools in Salem?

3 schools rated nearby

Bush Elementary School

Elementary • Public • K-5

0.9 mi

Leslie Middle School

Middle • Public • 6-8

2.5 mi

South Salem High School

High • Public • 9-12

0.8 mi

Location

Salem, OR, 97301

Expand map

Price history

17 events

DateEventPrice$/sqftSource

Nov 19, 2024Listing Removed$1,680$2Zillow Rentals

Nov 13, 2024Price Change$1,680$2Zillow Rentals

Nov 7, 2024Listed For Rent$1,930$2Zillow Rentals

Oct 5, 2024Listing Removed$1,930$2Zillow Rentals

Jun 28, 2024Price Change$1,930$2Zillow Rentals

Jun 21, 2024Price Change$1,980$2Zillow Rentals

May 9, 2024Price Change$1,875$2Zillow Rentals

Mar 12, 2024Listed For Rent$2,000$2Zillow Rentals

Apr 11, 2023Listing Removed——Zillow Rentals

Mar 10, 2023Price Change$1,700$2Zillow Rentals

Feb 22, 2023Price Change$2,000$2Zillow Rentals

Jan 25, 2023Price Change$2,100$2Zillow Rentals

Jan 13, 2023Listed For Rent$2,150$2Zillow Rentals

Jul 24, 2019Listing Removed$1,595$2Coast Real Estate Services

Jun 12, 2019Listed For Rent$1,595$2Coast Real Estate Services

Aug 17, 2011Listing Removed$284,040$300RE/MAX EQUITY GROUP SALEM BUSINESS CENTER

Aug 27, 2010Listed For Sale$284,040$300RE/MAX EQUITY GROUP , INC.

Listing Removed$1,680

Nov 19, 2024•$2/sqft•Zillow Rentals

Price Change$1,680

Nov 13, 2024•$2/sqft•Zillow Rentals

Listed For Rent$1,930

Nov 7, 2024•$2/sqft•Zillow Rentals

Listing Removed$1,930

Oct 5, 2024•$2/sqft•Zillow Rentals

Price Change$1,930

Jun 28, 2024•$2/sqft•Zillow Rentals

Price Change$1,980

Jun 21, 2024•$2/sqft•Zillow Rentals

Price Change$1,875

May 9, 2024•$2/sqft•Zillow Rentals

Listed For Rent$2,000

Mar 12, 2024•$2/sqft•Zillow Rentals

Listing Removed—

Apr 11, 2023•Zillow Rentals

Price Change$1,700

Mar 10, 2023•$2/sqft•Zillow Rentals

Price Change$2,000

Feb 22, 2023•$2/sqft•Zillow Rentals

Price Change$2,100

Jan 25, 2023•$2/sqft•Zillow Rentals

Listed For Rent$2,150

Jan 13, 2023•$2/sqft•Zillow Rentals

Listing Removed$1,595

Jul 24, 2019•$2/sqft•Coast Real Estate Services

Listed For Rent$1,595

Jun 12, 2019•$2/sqft•Coast Real Estate Services

Listing Removed$284,040

Aug 17, 2011•$300/sqft•RE/MAX EQUITY GROUP SALEM BUSINESS CENTER

Listed For Sale$284,040

Aug 27, 2010•$300/sqft•RE/MAX EQUITY GROUP , INC.

Tax history

13 years of records

YearTax paidAssessed value

Mar 27, 2025$4,639$243,210

Mar 27, 2024$4,406$230,250

Mar 27, 2023$5,372$265,720

Mar 27, 2022$5,221$265,720

Mar 27, 2021$5,023$257,990

Mar 27, 2020$4,795$236,260

Mar 27, 2019$4,495—

Mar 27, 2018$2,650—

Mar 27, 2017$2,650—

Mar 27, 2016$2,412—

Mar 27, 2015$2,412—

Mar 27, 2014$2,475—

Mar 27, 2013$991—

Nearby homes

777 Commercial St SE SUITE 515, Salem, OR

Off Market

$506,000

2 bd2 ba1,538 sqft

777 Commercial St SE SUITE 515, Salem, OR

777 Commercial St SE SUITE 214, Salem, OR

Off Market

$230,400

1 bd1 ba818 sqft

777 Commercial St SE SUITE 214, Salem, OR

777 Commercial St SE SUITE 314, Salem, OR

Off Market

$265,700

1 bd1 ba1,101 sqft

777 Commercial St SE SUITE 314, Salem, OR

777 Commercial St SE SUITE 513, Salem, OR

Off Market

$355,100

2 bd2 ba1,539 sqft

777 Commercial St SE SUITE 513, Salem, OR

777 Commercial St SE SUITE 204, Salem, OR

Off Market

$253,108

2 bd1 ba1,000 sqft

777 Commercial St SE SUITE 204, Salem, OR

777 Commercial St SE SUITE 303, Salem, OR

Off Market

$259,600

1 bd1 ba955 sqft

777 Commercial St SE SUITE 303, Salem, OR

777 Commercial St SE SUITE 311, Salem, OR

For Rent

$2,500

2 bd2 ba1,387 sqft

777 Commercial St SE SUITE 311, Salem, OR

777 Commercial St SE SUITE 418, Salem, OR

Off Market

$356,100

2 bd2 ba1,356 sqft

777 Commercial St SE SUITE 418, Salem, OR

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

For Sale

$235,000

2 bd1 ba925 sqft

405 Madrona Ave SE APT 1, Salem, OR

For Sale

3 bd1 ba721 sqft

465 Ford St SE, Salem, OR

For Sale

$270,000

3 bd2 ba1,296 sqft

484 Bermuda Ln NE, Salem, OR

For Sale

$299,000

2 bd1 ba752 sqft

763 18th St NE, Salem, OR

For Sale

$339,900

3 bd1 ba1,068 sqft

345 23rd St N, Salem, OR

For Sale

$285,000

2 bd2 ba1,086 sqft

3828 Auburn Rd NE, Salem, OR

For Sale

$275,000

2 bd1 ba702 sqft

3408 Williams Ave NE, Salem, OR

4001 12th St Cut Off SE APT 31, Salem, OR

For Sale

$257,900

2 bd2 ba1,018 sqft

4001 12th St Cut Off SE APT 31, Salem, OR

For Sale

3 bd1 ba1,322 sqft

3734 12th St SE, Salem, OR

For Sale

$259,900

1 bd1 ba582 sqft

800 Oakhill Ave SE, Salem, OR

For Sale

$309,900

3 bd2 ba1,408 sqft

1050 Cardinal St NW, Salem, OR

For Sale

$290,000

2 bd1 ba808 sqft

1330 Lee St SE, Salem, OR

For Sale

$250,000

2 bd1 ba925 sqft

401 Madrona Ave SE APT 3, Salem, OR

For Sale

$268,000

2 bd1 ba1,122 sqft

1035 Chestnut St NW, Salem, OR

For Sale

$379,900

3 bd2 ba1,038 sqft

135 Wander Way SE, Salem, OR

For Sale

$315,000

2 bd1 ba899 sqft

1090 15th St NE, Salem, OR

For Sale

$250,000

2 bd2 ba1,056 sqft

1935 Icabod St NE, Salem, OR

For Sale

$375,000

3 bd2 ba1,063 sqft

351 Elma Ct NE, Salem, OR

For Sale

$299,000

3 bd2 ba1,256 sqft

2892 Chester Ave NE, Salem, OR

For Sale

$279,900

3 bd2 ba1,408 sqft

1283 Karen Way NW, Salem, OR

Tour This Home

Pick a date

Preferred time

Mar 27, 2026

No obligation · Same-day confirmation · Takes 30 seconds

Need a different time? Request custom scheduling

Have a Question?

Get details on this property, the neighborhood, or the buying process.

Ask About This Property

We typically respond within a few hours

Download property brochure

Photos, details & neighborhood info in one PDF

Get brochure

Free · No sign-up required

Get pre-approved

Know your budget & strengthen your offer

Check eligibility

Value estimates

Live

Est. value$256,900

Est. rent$1,829/mo

30yr rate est.6.43%

Affordability$1,543/mo

Own a home nearby?

See what it's worth in today's market

Get estimate

Schedule Tour Ask

No obligation · Same-day response