- For Sale $1,100,000
- Property Type Other
- Units 10
- Year Built 1969
- Date Updated Sep 6, 2026
Description
HFO is pleased to present Bramble Court Apartments, a well-maintained 10-unit multifamily community in Salem, Oregon, offering investors an attractive value-add opportunity. Ideally suited for a 1031 exchange buyer or an investor transitioning from single-family rentals into multifamily ownership, the property combines operational simplicity with meaningful upside through below-market in-place rents, month-to-month tenancy, and the potential to generate additional income from existing on-site storage. Comprised entirely of spacious 680-square-foot one-bedroom units with private patios or decks, Bramble Court offers an efficient, easy-to-manage unit mix complemented by on-site laundry, off-street parking, and a pet-friendly environment. Located just minutes from downtown Salem, the Oregon State Capitol, and Salem Hospital, the property benefits from a resilient, government- and healthcare-driven employment base, while its proximity to major shopping, public transit, and everyday conveniences supports long-term tenant demand and stable occupancy.
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Contacts
HFO Investment Real Estate | a Member of GREA
Location
Located at 1720-1738 Broadway Street NE, Salem, OR, this property is part of the Grant neighborhood and Eugene market.
HFO Investment Real Estate | a Member of GREA