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29965151
29965150

1355 4th St NE, Salem, OR 97301

BO
OR 200107024
First Commercial Real Estate Services
JK
OR 201215272, OR
First Commercial Real Estate Services
Listed by First Commercial Real Estate Services
$799,000
102 days on market
Updated 36 days ago
Opportunity zone

Grant Apartments, 6-Plex

Details
APN 073W22AA09800
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,692
Units 6
Year Built 1968
Year Renovated 2020
Acreage 0.190
Zoning RM3
Parking Spaces 8 spaces
Parking Per SqFt 1.71

Multifamily | 6 Units | $133,167/unit

Marketing description

Turnkey asset with major capital improvements already completed. The Grant Apartments is a well-

maintained 6-plex with significant renovations completed in 2019–2020. Located in a predominantly

residential neighborhood near essential services, this property offers strong tenant appeal and stable income potential. Interior upgrades include vinyl plank flooring throughout, updated kitchens with new cabinets, countertops, fixtures, and appliances. The exterior features, fresh paint, and improved stormwater drainage. Additional amenities include a detached on-site laundry room, 8 paved parking spaces, fenced perimeter with privacyslats, and professionally maintained grounds with mature trees, shrubs, and raised garden beds for tenant use.

Investment highlights

  • Year Built: 1968
  • Lot Sizes: .19 Acre
  • Number of Lots: One
  • Total Building SF: 4,692 SF
  • 2BD / 1BA: 6 Units
  • Zone: RM3

Listing Contacts

BO
OR 200107024
First Commercial Real Estate Services
JK
OR 201215272, OR
First Commercial Real Estate Services
Listed by First Commercial Real Estate Services

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Additional Information

Name
Benje Orozco
License
200107024
Brokerage Phone
503-932-4181
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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