Garden-Style Apartment
1022 Savage Rd NE Salem, OR 97301
1022 Savage Rd NE, Salem, OR, 97301
$2,200,000
For Sale
$2,200,000
Garden-style multifamily with 16 units and individual exterior entries, built in 1962 and updated with major capital improvements.
Days on Market111
Property Features for 1022 Savage Rd NE
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing agency
Portland Office
(503) 200-2073
Listed by
Chandler Miller · License #OR: 201238624
(503) 200-2073
Source
Marcusmillichap
Added: Apr 3 Updated: Jul 21 at 12:40AM Checked: Jul 21 at 3:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Portland Office
Investment Insights
Based on property information with market context.
Savage Road Apartments is a garden-style apartment complex comprising sixteen total units with a mix of studio, one-, two-, and three-bedroom layouts. Constructed in 1962, the property has been well maintained, with major capital improvements completed including updated roofs, siding, windows, electrical, plumbing, exterior paint, and upgraded interior finishes in select units.
The community offers off-street parking and individual exterior entry for residents, supporting a straightforward, low-friction tenant experience. The property also provides easy access to major roadways while maintaining a quiet living environment.
In addition to its residential layout, Savage Road Apartments is positioned near major retail centers, with retail and dining options available within walking distance for residents.
The community offers off-street parking and individual exterior entry for residents, supporting a straightforward, low-friction tenant experience. The property also provides easy access to major roadways while maintaining a quiet living environment.
In addition to its residential layout, Savage Road Apartments is positioned near major retail centers, with retail and dining options available within walking distance for residents.
Key Highlights
- Garden‑style multifamily apartment complex with 16 total units in a mix of studio, 1-, 2-, and 3‑bedroom layouts
- Built in 1962 and described as well maintained with major capital improvements
- Improvements include updated roofs, siding, windows, electrical, plumbing, and exterior paint
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FAQs
What type of property is this?
Apartment building - Garden-style multifamily with 16 units and individual exterior entries, built in 1962 and updated with major capital improvements.
Where is this apartment building located?
The property is located at 1022 Savage Rd NE Salem, OR.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Garden‑style multifamily apartment complex with 16 total units in a mix of studio, 1-, 2-, and 3‑bedroom layouts; Built in 1962 and described as well maintained with major capital improvements; Improvements include updated roofs, siding, windows, electrical, plumbing, and exterior paint
