3639 47th Ave NE - Apartments FOR SALE


Salem, OR 97305- Hayesville
$735,000 USD
503-390-6060
3639 47th Ave NE, Salem, OR for Sale
$735,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

3639 47th Ave NE
Salem, OR 97305
Hayesville


OVERVIEW

Solid Owner Occupant or Investment opportunity in NE Salem! This well maintained 4-Plex offers a great price point, rental upside & will have a Vacant downstairs unit coming available in February '25. All units are 2 bed/1 bath/916 SF with large bedrooms, open floor plan & 1 car garage. 10% rent increases have been issued and take effect on May 1, 2025. Owner pays Water/Sewer utility. Long term owner & stable rental history. Roof replaced in 2012. Showings w/ accepted offer only, do not Disturb Tenants.

FOR SALE DETAILS

PRICE

$735,000 USD

PRICE/SF

$201 USD /SF

# OF UNITS

4

PRICE/UNIT

$183,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3639 447th Ave NE A-D Salem OR 97305

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

RM

APN/PARCEL ID

558422

ASK ABOUT THIS PROPERTY

Jordan SparksSMI Real EstateMore Info
503-390-6060

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Jordan SparksSMI Real EstateMore Info
503-390-6060

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.