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4006 Satter Dr NE

7 Unit Apartment Building $1,370,000 ($195,714/Unit) Salem, OR 97305

Executive Summary

Clean, renovated 7-plex in a great location right next to Chemeketa Community College. Units are a mix of (4) 2 bed / 1 bath and (3) 2 bed / 1.5 bath with new roofs, windows, siding, paint with 6 of the 7 interiors fully renovated in the last few years. Renovated units are rented at an average of $1,500/month with total monthly gross rents at $9,920. Large units with washer/dryer hookups and plenty of off-street parking.

Property Facts

Price $1,370,000
Price Per Unit $195,714
Sale Type Investment
No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.58 AC
Building Size 6,714 SF
No. Stories 2
Year Built 1976

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1.5 3 - -
2+1 4 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
522325
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$446,220

zoning

Zoning Code RM
RM
  • Listing ID: 33922581

  • Date on Market: 11/19/2024

  • Last Updated:

  • Address: 4006 Satter Dr NE, Salem, OR 97305

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