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33-Unit Apartment Community

3755 Hawthorne Ave NE, Salem, OR 97301

For Sale
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A separate two-bedroom house complements the apartment mix, with private outdoor space and on-site laundry serving residents.

Property SizeContact for details
Days on Market47

Property Features for 3755 Hawthorne Ave NE

General Information

Standard status Active
Total Parking Spaces 49
Property subtype Multifamily
Occupancy 100%

Site & Location

Neighborhood Northgate Neighborhood Association
Highway Access Yes

Units

Multifamily Units 33
Parking per Unit 1.48

Additional Details

Tenant in Place Yes

Amenities

private patios/balconies
on-site laundry room
mature trees
lawn area

Building Details

Year Built 1978
Listing Agency: SMI Real Estate
Listed By: Matt Miller · License OR #201254590
Source: Crexi
Added: Sep 29 Changed: Nov 8 Last Checked: Nov 12 at 6:46AM

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 SMI Real Estate

Rey
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Investment Insights

Based on property information with market context.

This 33-unit apartment property combines 32 apartments with a separate two-bedroom house. Built in 1978, the community’s apartments average approximately 789 square feet and include either a ground-floor patio or an upper-level balcony, along with outdoor storage. Exterior work includes a 2026 repaint and roof replacement in 2018; select apartments have also received flooring, countertop and appliance updates. A remodeled laundry room, completed in 2024, contains eight owned Speed Queen stacked commercial washer/dryer units.

The property has approximately 49 off-street parking spaces and is reported as fully occupied as of September 2026. Mature trees and lawn areas frame the grounds, with Northgate Park directly adjacent. The park has a playground, splash pad, basketball court, soccer field, picnic areas and walking paths. Nearby destinations include the 45th Parallel retail center, restaurants, Xicha Brewing, Chemeketa Community College and the Lancaster Drive retail corridor. The property also has access to I-5, Keizer Station and Downtown Salem.

Key Highlights

  • 33 units: 32 apartments plus a separate two‑bedroom house
  • 100% occupied as of September 2026
  • Apartments average approximately 789 square feet and have patios or balconies with outdoor storage

Property Analytics

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Lease Details

33
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

692
Businesses Nearby

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
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Market

Properties on Market for Apartment buildings in Marion County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - A separate two-bedroom house complements the apartment mix, with private outdoor space and on-site laundry serving residents.
Where is this apartment building located?
The property is located at 3755 Hawthorne Ave NE Salem, OR.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 33 units: 32 apartments plus a separate two‑bedroom house; 100% occupied as of September 2026; Apartments average approximately 789 square feet and have patios or balconies with outdoor storage
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