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.
Listing Provided Courtesy of Eric Swanson, SMI Commercial Real Estate LLC
General Information
153901432
27
DOM
1
0.3 acres
1
4202
1971
RM2
Marion
590333
Richmond 2/10
Leslie
South Salem
MultiFamily
SIMPSONS ADDITION AMENDED PLAN BLOCK D, BLOCK D, LOT 6 7 & FR 8,
Listing Provided Courtesy of Eric Swanson, SMI Commercial Real Estate LLC
Krishna Realty data last checked: Feb 21, 2026 21:47 | Listing last modified Feb 17, 2026 15:06,
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Residence Information
4202
1
1
1
1971
No
Other
Features and Utilities
None
Electricity
Other
PublicSewer
Electricity
Electricity
Financial
8108.27
None
Cash,Conventional
01-21-2026
No
No
Comparable Information
27
31
Cash,Conventional
$925,000
$895,000
Feb 17, 2026 15:06
Schools
public Elementary : Richmond
2/10Ratings Middle : Leslie N/ARatings High : South SalemN/ARatings
Map
Listing courtesy of SMI Commercial Real Estate LLC.
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.
