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1031-1037 Ring St NE Keizer 1037 Ring St NE 4 Unit Apartment Building $695,000 ($173,750/Unit) Salem, OR 97303
Executive Summary
Stabilized 4-plex in a strong Keizer location generating approximately $4,670 per month in gross rents. Metal roof, off-street parking and consistent 2 bedroom demand support steady occupancy and predictable performance. Clean, small, multifamily asset in an established rental pocket. Adjacent 4-plex locate at 1061 Ring St NE also available for sale.
Please do not disturb the residents.
Please do not disturb the residents.
Property Facts
| Price | $695,000 | Building Class | C |
| Price Per Unit | $173,750 | Lot Size | 0.28 AC |
| Sale Type | Investment | Building Size | 3,025 SF |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1965 |
| Property Subtype | Apartment | Parking Ratio | 1.65/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RM | ||
| Price | $695,000 |
| Price Per Unit | $173,750 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 3,025 SF |
| No. Stories | 1 |
| Year Built | 1965 |
| Parking Ratio | 1.65/1,000 SF |
| Zoning | RM |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $1,210 | 765 |
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 549330 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $259,460 |
Property Taxes
Parcel Number
549330
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$259,460
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1031-1037 Ring St NE Keizer | 1037 Ring St NE
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