4015-4025 Judy Avenue NE

HFO is pleased to present 4015–4025 Judy Avenue NE, a well-located six-unit multifamily investment offering an attractive low-basis entry at approximately $137,500 per unit. Situated just off Salem's Lancaster Drive retail corridor, the property provides residents with convenient access to major shopping, dining, services, and the area's stable employment base anchored by the State of Oregon and Salem Health. The asset offers immediate operational upside through built-in loss-to-lease, allowing investors to increase income through natural tenant turnover without the need for an extensive renovation program. Located within an established residential neighborhood with limited competing multifamily inventory, the property benefits from strong occupancy fundamentals and features desirable amenities including in-unit washer/dryer hookups, covered parking, and additional covered storage with future income potential.