Damonian Pike

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Listing provided courtesy of HOMESMART REALTY GROUP- MLS# 836884MLS ProviderContact Information: Cell: 971-600-4893

229 Commercial St NESalem, OR 97301

Condo · 2 Beds · 1 Full Bath · 924 Sq. ft. | 0.10 Acres
$379,000 ACTIVE

229 Commercial St NE Overview

Time on Site:
145 days
Visits:
0

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 with direct access to a private deck for outdoor enjoyment. Low maintenance living in the heart of downtown Salem. Available fully furnished! HOA includes: Water, sewer, garb. exterior maintenance and security. The location provides close proximity to Salem Hospital, Willamette University, and the Oregon State Capitol, making it convenient for professionals and students. Just bring your clothes and a toothbrush!

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229 Commercial St NE Facts & Features

  • Type Condo
  • Sq. ft. 924
  • Price/Sq.ft. $410
  • Lot 0.10 Acres

Details

General

Association/HOA

  • Association Fee: 325.41
  • Association Fee Frequency: Monthly

School Information

  • Elementary School: Bush
  • Middle Or Junior School: Leslie
  • High School: South Salem

Building Information

  • Year Built: 2022

Location/Region

  • County Or Parish: Marion
  • MLS Area Major: 20 CENTRAL SALEM
  • Subdivision Name: Saken

Tax Information

  • Tax Annual Amount: 1562

General Information

  • Property Sub Type: Condominium
  • Property Type: Residential
  • Senior Community: No

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 2

General Information

  • Accessibility Features: No
  • Fireplace Features: Electric
  • Flooring: Carpet,Vinyl
  • Foundation Details: Slab
  • Living Area: 924
  • Stories Total: 1 Story

Exterior

Lot Information

  • Lot Size Acres: 0.1
  • Water Source: City,Connected

Waterfront/View

  • View: Territorial

Building Exterior/Construction

  • Roof: Other (Refer to Remarks)

General Information

  • Other Structures: Other (Refer to Remarks)

229 Commercial St NE Neighborhood

Community

97301 (Salem) Demographics

33
Median Age
4,886
Population Density (per sq. mile)
25%
College Educated
$45,959
Estimated Median Income
8,297
Estimated Total Home Owners
11,013
Estimated Total Renters
43% / 57%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

229 Commercial St NE Market Data

Based on the last 30 days in this zip code

$419,594
Average List Price
$257
Average Price per Square Foot
61
Properties Sold
70
Average Days on Market
250
Properties for Sale
Calculations provided by Reliance Network

229 Commercial St NE History

Date Event Value Agent
6/18/2026Source: Willamette Valley MLS Price Reduction
$379,000 -2.6%
5/19/2026Source: Willamette Valley MLS Price Reduction
$389,000 -2.5%
2/4/2026Source: Willamette Valley MLS Added to Database
February 04, 2026