Contacts
HFO Investment Real Estate | a Member of GREA
Property Details
- Property Type Other
- Units 6
- Year Built 1965
- Date Updated Jul 30, 2026
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.
Reach out to the broker for more info on lease terms and amenities
Getting around
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80/100
Walk Score ®
-
39/100
Transit Score ®
-
65/100
Bike Score ®
Location
- City Salem, OR
- Neighborhood Hayesville
- Zip Code 97305
- Market Eugene
Points of Interest
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Salem
3.01 miles
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Brooks Historical Society Depot
6.25 miles
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Hopmere Station
6.33 miles
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Electrify America
0.26 miles
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Chevron
0.41 miles
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Shell
0.52 miles
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Towne Pump
0.53 miles
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Pacific Pride
0.85 miles
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Fred Meyer Fuel
0.86 miles
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76
0.96 miles
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Pulse
1.08 miles
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Arco
1.10 miles
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Petrol Express
1.13 miles
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WalMart North Park and Ride
0.25 miles
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Market Street Park and Ride
0.91 miles
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Firehall Lot
1.06 miles
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Orange Lot
1.09 miles
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Green Lot
1.10 miles
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Red Lot
1.14 miles
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Brown Lot
1.20 miles
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Purple Lot
1.26 miles
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Blue Lot
1.32 miles
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Yellow Lot
1.36 miles
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Capital Inn & Suites
0.76 miles
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Holiday Inn
0.93 miles
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DoubleTree
0.96 miles
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Days Inn Black Bear
0.98 miles
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Shilo Inn and Suites
1.03 miles
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Holiday Lodge Motel
1.10 miles
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Motel 6 Salem
1.13 miles
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Traveler's Inn
1.26 miles
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Motel 6
1.29 miles
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Rodeway Inn
1.73 miles
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Grocery Outlet
0.13 miles
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Walmart Supercenter
0.27 miles
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Ross
0.35 miles
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Food 4 Less
0.37 miles
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Wing Wa Oriental Market
0.39 miles
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La Tapatia
0.42 miles
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Safeway
0.46 miles
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Bi-Mart
0.48 miles
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Big Lots
0.54 miles
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A Dong Market
0.78 miles
HFO Investment Real Estate | a Member of GREA