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About This Home

This 2-bedroom, 1-bathroom condo at 227 Commercial St NE in Salem, OR is listed for $389,000 ($421 per sqft). Built in 2022, the home offers 924 sqft of living space on a 0.10 acres lot.

Agent Description

Newly built in 2022, Downtown Salem Loft Condominium, listed for the first time. This 2-bedroom, 1.5-bath condo has been a successful fully furnished rental, offering flexibility for owner-occupants or investors. The open-concept layout features modern finishes and natural light throughout, and direct access to two private decks for outdoor enjoyment.

The location provides close proximity to Salem Hospital, Willamette University, and the Oregon State Capitol, making it convenient for professionals, students, and those seeking an urban lifestyle. Low-maintenance living in the heart of downtown Salem. Available fully furnished. HOA includes: Water, sewer, garb. exterior maintenance and security.

Key Features

  • Built in 2022
  • 0.10 acre lot
  • Fireplace

Property Details

1 story
1 full
2022

Amenities

FireplaceView

Monthly Cost Estimate

$2,405/mo

20% down · 6.5% · 30 years

Principal$281
Interest$1,686
Insurance$113
HOA$325

Estimates only. Actual payments may vary.

Location

227 Commercial St NE

Salem, OR 97301

Features & Amenities

Interior Features

Yes (Refer to Remarks)

Property Details

Flooring

CarpetVinyl

Views

Territorial

Pool Features

Deck

Questions & Answers

This 2-bedroom, 1-bathroom condo at 227 Commercial St NE is listed at $389,000 ($421/sqft). The estimated monthly payment is $2,011 based on 20% down at 6.5% interest.

HOA fees are $325/month.

Key features include: Built in 2022, 0.10 acre lot, Fireplace. Interior Features: Yes (Refer to Remarks).

This property is listed by MARTA GUAJARDO and can be reached at 9716004893 or martamarieg@gmail.com.

MG

MARTA GUAJARDO

Agent at HOMESMART REALTY GROUP

(971) 600-4893

Listed by HOMESMART REALTY GROUP · View on Broker Site

MLS# 837310· Source: listhub· Updated 125 days ago

Copyright © 2026 Willamette Valley Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

227 Commercial St NE, Salem, OR 97301

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