6-Unit Apartment
For Sale
Contact for pricing
365 16th St SE, Salem, OR 97301
Updated apartment property with varied floor plans, central heating, basement storage, and rear parking.
Property SizeContact for details
Days on Market144
Property Features for 365 16th St SE
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Units
Unit Mix
5 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
6
Amenities
laminate flooring
central heating
basement storage
Building Details
Buildings
1
Listing Agency:
eXp Realty in Oregon
(503) 413-0974
Listed By:
Alex Paiz · License #OR 201228141
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 8:59AM
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 eXp Realty in Oregon
Investment Insights
Based on property information with market context.
The property is a 6-unit apartment building at 365 16th St SE in Salem, Oregon. Its unit mix includes five one-bedroom, one-bath residences and one two-bedroom, one-bath residence. Interior features include laminate flooring and central heating, while basement storage and a spacious unpaved parking area provide additional utility.
Recent improvements include replacement sewer lines, a new roof, exterior siding work, reconstructed decks, and fresh paint. The building is currently 100% occupied. Nearby destinations identified for the property include Aldrich Park, Willamette University, and the Capitol Building.
Recent improvements include replacement sewer lines, a new roof, exterior siding work, reconstructed decks, and fresh paint. The building is currently 100% occupied. Nearby destinations identified for the property include Aldrich Park, Willamette University, and the Capitol Building.
Key Highlights
- 6‑unit apartment building with 100% occupancy
- Unit mix includes 5 one‑bedroom/one‑bath units and 1 two‑bedroom/one‑bath unit
- Recent sewer line replacement and roof replacement
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,774
Businesses Nearby
Explore this area
Business Placement
Demographics for 97301, OR
56,393
Population
21,419
Households
2.6
Avg Household Size
34
Median Age
18%
College-Educated
81%
High-School Grad
11.3 sq mi
ZIP Area
4,991
Density / Sq Mi
$57,497
Median Household Income
$33,220
Median Earnings
$1,197
Median Rent
$310,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Updated apartment property with varied floor plans, central heating, basement storage, and rear parking.
Where is this apartment building located?
The property is located at 365 16th St SE Salem, OR.
What are key features of this property?
This property features: 6‑unit apartment building with 100% occupancy; Unit mix includes 5 one‑bedroom/one‑bath units and 1 two‑bedroom/one‑bath unit; Recent sewer line replacement and roof replacement
