1225 Riverbend Rd Nw, Salem Property Listing: MLS® #19010294

*New price* Construction set to complete by May 2020. Three 3-story apartment buildings on an approximately 2-acre lot just off Wallace Rd in desirable West Salem. 48 total units comprised of 1BD/1BA & 2BD/2BA all w/ washer/dryer, kitchen appliances, deck/patio & parking included. Each apartment to contain ductless cooling & cadet heating units. One ADA apartment available w/ 15 more adaptable. Landscaping & common areas include walking trail, play structure & green space. Growing rental market.

1225 Riverbend Rd Nw, Salem Property Listing: MLS® #19010294 Close
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  • Price$8,900,000
  • Sq. Ft.41,820
  • Built2020

1225 Riverbend Rd Nw, Salem

*New price* Construction set to complete by May 2020. Three 3-story apartment buildings on an approximately 2-acre lot just off Wallace Rd in desirable West Salem. 48 total units comprised of 1BD/1BA & 2BD/2BA all w/ washer/dryer, kitchen appliances, deck/patio & parking included. Each apartment to contain ductless cooling & cadet heating units. One ADA apartment available w/ 15 more adaptable. Landscaping & common areas include walking trail, play structure & green space. Growing rental market.

Essential Information

  • MLS® #19010294
  • Price$8,900,000
  • Square Footage41,820
  • Year Built2020
  • TypeMulti-Family
  • StatusActive

Amenities

  • ViewTerritorial

Exterior

  • ExteriorBoard & Batten Siding, Lap Siding
  • Lot DescriptionSloped, Trees
  • RoofComposition Roofing

Additional Information

  • Days on Website184
  • ZoningC0

Community Information

  • Address1225 Riverbend Rd Nw
  • AreaPolk Co: West Salem N
  • CitySalem
  • CountyPolk
  • StateOR
  • Zip Code97304

Interior

  • HeatingOther
  • CoolingWall
  • # of Stories3

School Information

  • ElementaryBrush College
  • MiddleStraub
  • HighWest Salem

Listing Details

  • Listing OfficePremiere Property Group, Llc

Price Change History for 1225 Riverbend Rd Nw, Salem, OR (MLS® #19010294)

Date Details Price Change
Price Reduced (from $10,000,000) $8,900,000 $1,100,000 (11.00%)
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Listing information last updated on May 27th, 2020 at 3:54pm PDT.