Listing provided courtesy of COLDWELL BNKR/COMMERCIAL DIVMLS# 842862MLS ProviderContact Information: AGENT: 503-566-5706
  • First day on site
  • 0 views

Introducing an exceptional investment opportunity in Salem, Oregon. This 7,440 SF building, comprised of 9 units and zoned MU-III, promises a stable in-place income and significant value-add potential. With 100% occupancy, this property offers built-in NOI growth and boasts recent capital improvements. Rents are currently positioned below market rates, presenting a compelling opportunity for immediate upside. Strategically positioned along a high-traffic corridor, this flexible MU-III property is primed for continued success. Don't miss the chance to acquire a property with strong income stability and promising growth prospects.

Source: Willamette Valley MLS, MLS#: 842862

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
  • Property Type
    Commercial Sale
  • Lot
    64.00 acres

Get in Contact

Would you like to know more about this property? We're here to help! Let's connect and find what you're looking for.

Jacquie Sebulsky & Michele Anderson

Create a profile so you can receive updates on this property as soon as they happen!

  • Median Age
    30
  • Population Density
    934
  • College Educated
    25%
  • Estimated Median Income
    $56,787
  • Estimated Total Home Owners
    7,843
  • Estimated Total Renters
    6,333
  • Owner / Renter Divide
    55% / 45%
  • Estimated Average Household Size
    3
  • Total Population
    44,536
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

History

Date Event Value Agent
6/29/2026Source: Willamette Valley MLS Added to Database
June 29, 2026