Log In/Sign Up
Your email has been sent.
2522-2556 Simpson St SE 8 Unit Apartment Building $925,000 ($115,625/Unit) Salem, OR 97301
Executive Summary
Well located 8 unit garden-style apartment complex in SE Salem consisting of all 1 bed / 1 bath units built in 1971. The property total approximately 4,160 RSF on a 0.30 acre site and features 11 surface parking spaces, common laundry and patios. Attractive price per unit with strong in-place income. Member of selling entity is a Licensed Real Estate Broker in the State of Oregon
Property Facts
| Price | $925,000 | Lot Size | 0.31 AC |
| Price Per Unit | $115,625 | Building Size | 4,202 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1971 |
| Property Subtype | Apartment | Parking Ratio | 1.9/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | RM2 | ||
| Price | $925,000 |
| Price Per Unit | $115,625 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 4,202 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1971 |
| Parking Ratio | 1.9/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RM2 |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | 520 |
1 1
Bike Score®
Very Bikeable (81)
Property Taxes
| Parcel Number | 590333 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $394,670 |
Property Taxes
Parcel Number
590333
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$394,670
1 of 20
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
2522-2556 Simpson St SE
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.