Back

1 of 27

2 of 27

3 of 27

4 of 27

5 of 27

6 of 27

7 of 27

8 of 27

9 of 27

10 of 27

11 of 27

12 of 27

13 of 27

14 of 27

15 of 27

16 of 27

17 of 27

18 of 27

19 of 27

20 of 27

21 of 27

22 of 27

23 of 27

24 of 27

25 of 27

26 of 27

27 of 27

1702 Madras St SE
Salem, OR 97306 South Gateway

$8,900,000 USD

Apartments For Sale • 55,440 SF

Property Details

Property Type Apartments
Total Building Size 55,440 SF
Lot Size 3.36 AC
Building Class C
Year Built 1973
Cap Rate 5.97 %

35 Transit Score

62 Walk Score

                
                    Highlights
                
                                Spacious Layouts: 56 two-bedroom units averaging 1,000 square feet
                            
                                Modern Amenities: Features include stainless steel appliances, hardwood flooring, fireplaces, and private patios or balconies
                            
                                Community Perks: Residents enjoy a seasonal pool, tennis court, picnic areas, and on-site laundry facilities
                            
                                Prime Location: Located in South Salem's South Gateway neighborhood, close to grocery stores, restaurants, and public transportation
                            
                                Easy Access: Just minutes from I-5 for convenient travel throughout Salem and the metro area

Property Flyers

Battle Creek Lodges_56x_Salem_OM

Cap Rate:

5.97 %

Amenities

Balcony
Courtyard
Fireplace
Laundry Facilities
Playground
Pool
Sauna
Storage Space
Tennis Court
Heating
Basketball Court
Kitchen
Hardwood Floors
Stainless Steel Appliances
Patio

Public Transportation

Commuter Rail	Drive	Walk	Distance
Salem (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak)	8 min	-	4.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	90
Type:	Surface
Included in Rent:	Yes

Adam Smith 503-241-5541 HFO Investment Real Estate, LLC

1702 Madras St SE Salem, OR 97306 South Gateway