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805-875 Gerth Ave NW
Salem, OR 97304
Multifamily Property For Sale
·
8 Units
Investment Highlights
- Recently upgraded interiors with modern appliances
- Strong rental demand supported by nearby schools and employers
- Minutes from downtown Salem and major transportation routes
- Roof and gutters replaced in 2021 for reduced capital risk
- Two dedicated parking spaces per unit plus on-site laundry
Property Facts
| No. Units | 8 | Lot Size | 0.43 AC |
| Property Type | Multifamily | Building Size | 6,200 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1978 |
| Building Class | C | Parking Ratio | 2.58/1,000 SF |
| Zoning | RM2 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.43 AC |
| Building Size | 6,200 SF |
| No. Stories | 2 |
| Year Built | 1978 |
| Parking Ratio | 2.58/1,000 SF |
| Zoning | RM2 |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | 700 |
| 2+1 | 3 | - | 900 |
Property Taxes
| Parcel Number | 251769 | Improvements Assessment | $350,280 |
| Land Assessment | $77,440 | Total Assessment | $427,720 |
Property Taxes
Parcel Number
251769
Land Assessment
$77,440
Improvements Assessment
$350,280
Total Assessment
$427,720
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