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Historic Electric and Yeater Apartments offers strong value with a 7.9/10 expert rating, standout amenities, and a highly convenient location. Notable features include a modern kitchen, dishwasher, air conditioning, walk-in closets, bike storage, and professional management, while nearby pet services, outdoor spaces, and above-average value per square foot add to its appeal.
Things you’ll love
More spaceMiddle school nearbyExtra storageGreat for
Pet owners| 0BR/1.0BA | Studio | 1 bath | 655+ sqft | $1,400–$1,595 /mo | 3 units available | Live in the heart of downtown Salem at the historic PGE/Yeater Building, where exposed brick and one-of-a-kind preserved architectural details meet modern comfort. This 721 sq ft studio apartment at 249 Liberty St NE #252 puts you steps from the restaurants, coffee shops, bookstores, breweries and boutiques that make downtown Salem one of the most walkable neighborhoods in the Willamette Valley. MOVE-IN SPECIAL: Your first month is half off! WHY YOU'LL LOVE IT - Bright, open studio layout with 1 full bathroom and 721 sq ft of living space - Skylights that fill the space with natural light, perfect for plant lovers - Exposed brick walls and unique accents preserved from the building's original structure - Full-size in-unit washer and dryer - Modern kitchen with refrigerator, stove/oven, microwave, dishwasher and garbage disposal - Air conditioning and heat pump - Ample closet space - Shared rooftop deck with views over downtown Salem, made for morning coffee or sunset hangouts - Secured entry building with bike storage - Garbage included - Cat friendly, and small dogs welcome THE NEIGHBORHOOD You're on Liberty Street in the middle of downtown Salem's historic district. You can walk to Riverfront Park, the Saturday Market, the Elsinore Theatre, the Capitol Mall and Willamette University, and Salem Transit is just around the corner. If you want an apartment with personality and a real neighborhood around it, this is it. LEASE DETAILS - Rent: $1,400/month - Security deposit: $900 - Application fee: $65 per adult - Available: Now - Pets: additional $300 deposit. Pet rent is $30/month for 1 pet or $50/month for 2 pets (2 pets maximum) - Pay the deposit within 1 business day of approval READY TO APPLY? View photos and apply for this unit online here: https cproregon appfolio com listings detail b3907a8f-c476-42f6-9944-52ffa9a2524d Questions? Call (503) 459-4362 or email ****. |
Let's explore this property.
Apartment Amenities
| Air Conditioning | Heat Pump |
Appliances
| Dishwasher | Garbage Disposal |
| In-Unit Laundry | Microwave |
| Oven | Range |
| Refrigerator | Stove/Oven |
| Washer and Dryer |
Building
| Bike Storage | Controlled Access |
| Controlled Entrance | Dogs OK |
| Roof Deck |
Grounds
| Storage |
One-time.
One-time. Refundable.
Contact for more information on pet policy.
Questions about this property’s policies and fees?
| Units | 10 |
|---|
Electric Apartments Built in 1920 and listed on the National Register of Historic Places, Electric Apartments brings a century of character to modern loft living. The building’s original bones are right where you can see them: rough-sawn timber beams overhead, board-formed concrete walls, and oversized windows that pour natural light across wide-plank floors. Thoughtful updates make these homes as comfortable as they are distinctive. Residents enjoy stainless steel kitchen appliances, in-unit washers and dryers, walk-in closets, and generous built-in shelving. Some homes even feature skylights framed by original beams, a detail you won’t find in new construction. Every unit has its own personality, shaped by the history of the building around it. If you’ve been looking for a home with real soul, Electric Apartments is ready to welcome you. Located in Downtown Salem, close to restaurants, shops, local businesses and a vibrant community. Professionally managed by Bluestone Real Estate Services.
How Welcome to the Historic Electric and Yeater Apartments compares to other nearby properties.
Positives
Considerations
| Month | Median Rent |
|---|---|
| November 2024 | $1,197 |
| December 2024 | $1,196 |
| January 2025 | $1,150 |
| February 2025 | $1,156 |
| March 2025 | $1,140 |
| April 2025 | $1,100 |
| May 2025 | $1,100 |
| June 2025 | $1,137 |
| July 2025 | $1,150 |
| August 2025 | $1,150 |
| September 2025 | $1,142 |
| October 2025 | $1,150 |
| November 2025 | $1,150 |
| December 2025 | $1,130 |
| January 2026 | $1,125 |
| February 2026 | $1,142 |
| March 2026 | $1,150 |
| April 2026 | $1,137 |
| May 2026 | $1,103 |
| June 2026 | $1,097 |
| July 2026 | $1,098 |
| August 2026 | $1,105 |
| September 2026 | $1,112 |
| October 2026 | $1,097 |
| Month | Median Rent |
|---|---|
| November 2024 | $1,115 |
| December 2024 | $1,193 |
| January 2025 | $1,084 |
| February 2025 | $1,072 |
| March 2025 | $1,053 |
| April 2025 | $1,084 |
| May 2025 | $1,099 |
| June 2025 | $1,084 |
| July 2025 | $1,093 |
| August 2025 | $1,097 |
| September 2025 | $1,091 |
| October 2025 | $1,102 |
| November 2025 | $1,106 |
| December 2025 | $1,084 |
| January 2026 | $1,089 |
| February 2026 | $1,190 |
| March 2026 | $1,150 |
| April 2026 | $1,111 |
| May 2026 | $1,095 |
| June 2026 | $1,095 |
| July 2026 | $1,122 |
| August 2026 | $1,122 |
| September 2026 | $1,092 |
| October 2026 | $1,188 |
Can I afford to live at Salem #255?
Bedrooms
StudioRent-to-income ratio
30%
$56,000/yr
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Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
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$1,495
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Four Corners • 178 Lancaster Dr Se
1–2 Beds
$1,295–$1,495
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.South Salem • 2568 Gilbert St S
2 Beds
$1,850
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Keizer • 737 Manbrin Dr Ne
2 Beds
$1,325–$1,425
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.South Salem • 3875 Liberty Rd S
1–2 Beds
$1,050–$1,255
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.4470 Conser Way Ne
2 Beds
$1,395
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.4712 Silverton Rd Ne
2 Beds
$1,495
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.South Salem • 1055 Schurman Dr S
2 Beds
$1,650
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.3568 Cherry Glen Pl Ne
2 Beds
$1,495
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Four Corners • 178 Lancaster Dr Se
1–2 Beds
$1,295–$1,495
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.South Salem • 2568 Gilbert St S
2 Beds
$1,850
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Keizer • 737 Manbrin Dr Ne
2 Beds
$1,325–$1,425
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.South Salem • 3875 Liberty Rd S
1–2 Beds
$1,050–$1,255
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
