Property profile

1519 Lincoln Ave Salem, OH 44460

OFF-MARKET
Apartment buildings
Property ID
US66-1774921
5,200 SF 4.09 ac lot Built 1978
Entity Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1978
Total area 5,200 SF
Lot 4.09 ac (178,160 SF)
APN 51-07867-000
UPID US66-1774921

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1519 Lincoln Ave Salem, OH 44460-4248
Salem metro Census 950500 SALEM, OH MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
$500k
Comparable Approach Comparable
$545k
Blend (final) Blend
$320k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Medical building $595,000 +34.4%
Auto repair, garage $565,000 +28.1%
Commercial (general) $565,000 +28.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1519 Lincoln Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message