Description
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.
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0BEDS
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64ACRES
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0BATHS
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01/2 BATHS
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7,440SQFT
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$161$/SQFT
School Ratings & Info
Description
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.
© 2026 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2026-07-14T18:08:51.28.