640-650 14th St
Salem, OR 97301
Maple View Apartments · Immeuble residentiel Propriété À vendre · 6 Unités

» Spacious Two-Bedroom Floor Plans Averaging 1,000 SF
All six units feature large two-bedroom, one-bathroom layouts
averaging approximately 1,000 square feet, providing functional living
space that appeals to renters seeking larger floor plans than typically
found in comparable small multifamily properties.
» Recent Capital Improvements to Electrical and Heating Systems
Ownership has completed key infrastructure upgrades, including
installation of all new electrical panels and new Cadet wall heaters
throughout every unit, improving operational reliability while reducing
near-term capital expenditure needs.
» Fully Occupied Asset Providing Immediate Cash Flow
The property is currently 100% occupied with scheduled rents of $1,135
per unit, offering investors stabilized in-place income from day one.
» Central Salem Access to Jobs, Transit & Amenities
Located in central Salem, the property offers convenient access to
downtown Salem, major commercial corridors, and public transit
routes, allowing residents easy connectivity to shopping, dining, and
everyday services.
» Proximity to Major Institutional Employers
The property benefits from Salem’s role as the capital of Oregon, with
nearby employment anchors including the State of Oregon, Salem
Health, and Salem-Keizer Public Schools, which collectively support a
stable local employment base and consistent rental demand.
» Small Asset Size Appealing to Private Investors
With only six units, the Maple View Apartments provide an accessible
investment opportunity well suited for private investors seeking a
manageable multifamily asset in an established rental market.