145 Liberty Street Northeast

Salem, OR 97301

$4,200,000
Price
Beds
Baths
21,900 Sq. Ft.
$192 / Sq. Ft.
21,900
Sq. Ft.
$192
per Sq. Ft.

Description

Historic Bishop Building in Downtown Salem. Mixed use Apartments and Retail. Arguably the most high-end apartment's in downtown area. Each 2 Bed apartment is a town home and current rents range from $1,700-$2,250/ month and six units have $125 rent increases in March. Quality retail tenants and long term leases. Vacant basement provides additional upside. Please Do Not Disturb Tenants.Historic Bishop Building in Downtown Salem. Mixed use Apartments and Retail. Arguably the most high-end apartment's in downtown area. Each 2 Bed apartment is a town home and current rents range from $1,700-$2,250/ month and six units have $125 rent increases in March. Quality retail tenants and long term leases. Vacant basement provides additional upside. Please Do Not Disturb Tenants.
  1. Listed by Glenna Cooke • GA Cooke Real Estate Services

Property Details for 145 Liberty Street Northeast

Zoning
Mix
LISTING UPDATED: 02/20/2025 09:29 AM

Property Details for 145 Liberty Street Northeast

StatusActive
MLS #23610414
Days on Market484
Taxes$35,928 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1894
Lot Size-
CountyMarion County

Building Information for 145 Liberty Street Northeast

Stories3Residences11Year Built1894Building Size-Lot Size-

Property Information for 145 Liberty Street Northeast

Summary
Location and General Information
  • Country: US
  • Directions: Downtown Salem, Liberty Street NE
  • Road Surface: Paved
School Information
  • Middle Or Junior School: Parrish
Taxes and HOA
  • Tax Year: 2024
  • Tax Annual Amount: $35,927.89
  • Parcel Number: 589231
  • Tax Legal Description: SALEM, BLOCK 33, LOT FR 3, ACRES 0.19, -POTENTIAL ADDITIONAL TAX
Property
Lot Information
  • Lot Description: Level
  • Lot Size Range: Sq Ft7000to9999
  • Lot Size: 7,000 to 9,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Restored
  • Year Built: 1894
Utilities
  • Fuel Description: Electricity
  • Heating Description: Forced Air
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Brick
Interior Features
  • Basement: Full Basement
  • Stories: 3
Multi Family
Multi-Family Information
  • Number Of Units Total: 11
  • Gross Income Actual: $329,503.00
  • Gross Rent Multiplier: $12.75
  • Investor Information: According To Owner, Incomplete
  • Net Income Actual: $241,758.00
  • Operating Expense: $87,745.00
  • Storage: Basement
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4
  • Common Amenities: Commons
  • SqFt Approximate Building Total: 21900
Unit 1 Information
  • Unit Type 1 Baths Total: 2
  • Unit Type 1 Baths Decimal: 2.00
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Range, Refrigerator, Washer Dryer Hookup, Wood Floors
  • Unit Type 1 Rent: $2,100
  • Unit Type 1 SqFt: 1700.0
  • Unit Type 1 Units Total: 8
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 0
  • Unit Type 2 Rent: $6,452
  • Unit Type 2 SqFt: 4127.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 0
  • Unit Type 3 Baths Decimal: .00
  • Unit Type 3 Beds Total: 0
  • Unit Type 3 Rent: $2,500
  • Unit Type 3 SqFt: 2073.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 0
  • Unit Type 4 Baths Decimal: .00
  • Unit Type 4 Beds Total: 0
  • Unit Type 4 Rent: $0
  • Unit Type 4 SqFt: 2100
  • Unit Type 4 UnitsTotal: 1

Property History for 145 Liberty Street Northeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 145 Liberty Street Northeast

Taxable ValueLand-Additions-Total-
Tax Record2024$38,085 ($3,174 / month)
Home Facts
Total Finished SqFt24,300 SqFtAbove Grade Finished SqFt24,300 SqFtStories1Lot Size8,276 SqFtStyleStoresYear Built1894ZoningCBCountyMARIONAPN073W27AB06200

Schools near 145 Liberty 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
Bush Elementary School
PublicK to 5

Leslie Middle School
Public6 to 8

South Salem High School
Public9 to 12

Howard Street Charter School
Charter6 to 8

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.

Similar Homes

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145 Liberty Street Northeast is a multi-family home for sale in Salem, OR 97301. This property was listed for sale on November 3, 2023 by GA Cooke Real Estate Services, it's currently listed at $4,200,000. It has been on the market for a total of 484 days and was last sold on March 31, 2016. This listing's school district is Salem-Keizer School District 24j. Nearby schools include Bush Elementary School, Leslie Middle School and South Salem High School. 145 Liberty Street Northeast is a 0-bed, 0-bath, 21,900 sqft multi-family home built in 1894.

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 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 GA Cooke Real Estate Services

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