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Key Details
Sold Price $1,650,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 10,774 sqft
Price per Sqft $153
MLS Listing ID 663665969
Sold Date 02/25/26
Year Built 1962
Annual Tax Amount $9,471
Tax Year 2024
Lot Size 0.340 Acres
Property Description
Oxford Apartments is a two-story, ten-unit complex sitting on .34 acres in a quiet and desirable South Salem neighborhood. Built in 1962, the Property features nine one-bedroom/one-bathrooms units and a single two-bedroom/one-bathroom unit. Ownership of the property has remained stable since the 1970s, contributing to its exceptional upkeep. Current rents are still 12% below market rates. Recent improvements include all new paint in 2024 and new roof in 2018. Don't miss out on this opportunity!
Location
State OR
County Marion
Area _173
Zoning RM2
Interior
Heating Baseboard
Exterior
Roof Type Composition
Garage No
Building
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Middle Schools Leslie
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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