RIVERBEND APARTMENTS

For Sale

1221 River Bend Rd NW, Salem, OR 97304

This Salem property for sale is located at 1221 River Bend Rd NW. Contact the listing broker for details on the current sale price for RIVERBEND APARTMENTS. RIVERBEND APARTMENTS is situated on a lot that is 1.95 acre in size.

Contacts

David Chatfield

Norris & Stevens

Property Details

  • Property Type Multi-Family
  • Property Size 10,790 SF
  • Units 48
  • Lot Size 1.95 Acre
  • Year Built 2022
  • Date Updated Jul 6, 2026
Located in West Salem near downtown and major employment centers, within walking distance to retail, dining, and daily conveniences.• Number of Units: 48 • Unit Mix: (31) 1BR/1BA, (17) 2BR/2BA • Year Built: 2019 • Zoning: CO (Commercial Office)
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • 48-Unit Scale Attractive to Both Regional and Institutional Buyers
  • approximately 5 years remaining
  • Assumable Fannie Mae Financing at 3.74% fixed rate,
  • Built 2019, Low Capital Expenditure Needs
  • execution of a Confidentiality Agreement.
  • INVESTMENT HIGHLIGHTS
  • Limited new multifamily supply in the submarket
  • major employment centers
  • Number of Units: 48
  • Offering Memorandum available to qualified buyers upon
  • PROPERTY OVERVIEW
  • RIVERBEND RD NW
  • Unit Mix: (31) 1BR/1BA, (17) 2BR/2BA
  • Walking distance to retail, dining, and daily conveniences
  • WALLACE RD NW
  • West Salem / Polk County location, near downtown Salem and
  • Year Built: 2019
  • Zoning: CO (Commercial Office)

Attachments

Getting around

  • 1/100

    Walk Score ®

  • 24/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Salem, OR
  • Zip Code 97304
  • Market Eugene

Points of Interest

  • Salem

    2.59 miles

  • Brooks Historical Society Depot

    6.82 miles

  • Hopmere Station

    6.91 miles

  • 76

    0.84 miles

  • Blink

    1.06 miles

  • ChargePoint

    1.09 miles

  • Space Age

    1.15 miles

  • Circle K

    1.37 miles

  • Pacific Pride

    1.38 miles

  • Arco Gas Station

    2.35 miles

  • Wallace Road Park and Ride

    0.94 miles

  • Marion Parkade

    1.66 miles

  • Riverfront Park (North Lot)

    1.66 miles

  • Walsh's Landing Trailhead

    1.74 miles

  • Trailer Parking

    1.74 miles

  • Chemeketa Parkade

    1.75 miles

  • Riverfront Park (South Lot)

    1.89 miles

  • Green Lot - Dept of Admin Services

    1.90 miles

  • Liberty Square Parkade

    1.96 miles

  • Pringle Parkade

    2.13 miles

  • Holman Riverfront Park Hotel Salem, Tapestry Collection by Hilton

    1.91 miles

  • Motel 6

    1.97 miles

  • Grand Hotel

    1.99 miles

  • Traveler's Inn

    2.01 miles

  • Knights Inn

    2.51 miles

  • Wittenburg Inn

    2.56 miles

  • Holiday Inn

    2.88 miles

  • Shilo Inn and Suites

    2.92 miles

  • DoubleTree

    3.04 miles

  • Rodeway Inn

    3.05 miles

  • Fred Meyer

    0.91 miles

  • Roth's

    1.12 miles

  • Grocery Outlet

    1.35 miles

  • Keizer Village Shopping Center

    1.55 miles

  • Bi-Mart

    1.58 miles

  • Cash & Carry

    1.63 miles

  • Kohl's

    1.72 miles

  • Ross

    1.72 miles

  • Salem Center (North)

    1.73 miles

  • Macy's

    1.77 miles

Contact Listing Broker
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.