Property profile

2323 Elmwood Dr 10 Dallas, OR 97338

OFF-MARKET
Apartment buildings
Property ID
US71-1837546
9,880 SF 1.55 ac lot Built 1977
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1977
Total area 9,880 SF
Lot 1.55 ac (67,518 SF)
Zoning code RA
APN 08505-B0-01426
UPID US71-1837546

Cap rate & NOI

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

Location

2323 Elmwood Dr, Unit 10 Dallas, OR 97338-2379
Dallas metro Census 20204 SALEM, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.63M
CAP Approach CAP
$1.68M
Comparable Approach Comparable
$1.75M
Blend (final) Blend
$1.68M

Owner & transaction history

since 2025
7 recorded transactions
2025
Price N/A
2023
$1.6M
2021
$1.5M
2004
$600,000
2004
$600,000
1990
$265,000
1969
Price N/A

Zoning & alternative use

RA · Dallas, OR
Top alternative use upside
Office building $2.0M +31.0%

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
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