Classic, well-maintained, two-story walk-up apartment units located centrally in Salem, Oregon. Near the Salem Hospital, Willamette University and downtown Salem, this 18 unit multi-family property has two buildings on SE Lee Street and a third building on SE Tripp Street, separated by a paved alley way. The two buildings on SE Lee Street have a total of 12 units consisting of three 2 bedroom/ 1 bath apartments and nine 1 bedroom/ 1 bath apartments. The building on SE Tripp Street has a total of 6 units which are all 2 bedroom/ 1 bath apartments. The 1BD/1BA apartments range from approx. 750-800 SF All 2BD/1BA apartments are approx. 1,000 SF All apartment units have baseboard heat or cadet heaters, good plumbing, vinyl windows, no popcorn ceiling and no dishwasher or disposal. There are two laundry rooms onsite - one in each building on SE Lee Street, which are shared with the units on SE Tripp Street. The laundry rooms are managed by an outside company. The roofs on all buildings appear to be in good condition and the floors are post and beam construction The foundation is continuous with crawl space entrances for each building on SE Lee Street and a partial unfinished basement under SE Tripp Street. These apartment complexes are within the 100 year flood zone. We believe this property has good rental history, and is currently fully leased. Most interiors have been renovated as necessary. *Tours are subject to accepted offers.* **All financial details are available upon request.**