Home / Salem / Four Corners 8-plex
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Updated 2 days ago

Four Corners 8-plex


4230-4242 State St Salem, OR

1 Bed
1 Bath

684 Sq. Ft.

Available Now
1 Bed • 1 Bath
$1,250
684 ft2
1 Available
Managed By: Regency Management, Inc.
Updated 2 days ago

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1x1
$1,250
Available Now
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Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
67
Somewhat Walkable
Bike Score®
76
Very Bikeable
Amenities
On-site Laundry
Storage
Refrigerator
Garbage Disposal
Trash Removal Included
Range / Oven
Microwave
High-speed Internet
Smoke-free Community
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Parking
Garage - Attached
Lease & Fees
Security Deposit: $1,250.0
Property details
Description

$100 off 1st month, Centrally Located & Fully Renovated 1 Bedroom Home with Laundry In-Unit! - This 8-plex comprised of 1 bedroom, 1 bath homes, is perfectly situated in the center of Four Corners within minutes of I-5, 99-E, and OR-22. The current vacancy features new flooring, paint, and stainless steel appliances.

Apartment Amenities:
- Washer & Dryer in Unit
- Water, Sewer & Garbage Included
- 24/7 Emergency Maintenance Dispatch
- Stainless Steel Appliances Including Microwave
- Near the 4 Bus Line
- Shared Backyard in Select Units
- Off-street Parking

Community Features:
- Geer Community Park
- Salem Municipal Airport
- Corban University

Online Applications:
- Each applicant over the age of 18 must submit a separate rental application. Each applicant will be required to qualify individually or as per specific criteria areas.
- Application fee is $50.00.
- Positive identification with a picture is required.
- Inaccurate or falsified information will be grounds for denial of the application.
- Any applicant currently using illegal drugs will be denied. If approved for tenancy and later illegal drug use is confirmed, eviction shall result.
- Any individual whose tenancy may constitute a direct threat to the health and safety of any individual, the complex, or the property of others, will be denied tenancy.
- Current proof of income equal to one month’s wages is required.
- Co-signers not accepted.

Renter's Requirements:
- Advertised rent rate is with a 12 month lease.
- Security deposit amount indicated is the minimum required and may be increased as determined by your previous rental & credit history.
- All deposits are required to be paid in full prior to move-in.
- Renter's insurance is required.
- When pets are allowed, a deposit of $400 is required for the first pet and $200 for the second pet. Monthly rent for pet may also be charged. Ask about breed and weight restrictions which vary based on the property insurance policy.

Applicant is screened for credit, criminal, eviction, employment, income minimums and current and past landlord references. Click the "Apply Now" button to review the screening criteria. Screening is on first come first served basis. Fair housing guidelines are honored.

Photos may be of a representative unit and may be from a previous period when a home was vacant. All applicants must view our homes to satisfy themselves as to the condition, layout, and other details that applicant may deem important. Information is deemed reliable and is not guaranteed.

This property is professionally managed by Regency Management, Inc. and is compliant with Fair Housing laws.

(RLNE7822837)

Additional Details
Account Type: Other
Total Unit Count: 8
Last Updated: Updated 2 days ago
Contact Number: (503) 644-5251
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Comcast Corporation 987.0 35.0
ViaSat, Inc. 100.0 3.0
Adaptive Broadband 50.0 50.0
Alyrica Networks, Inc. 40.0 5.0
Hughes Network Systems, LLC 25.0 3.0
Data from June 2020 provided by the FCC
Photos Floor Plans Amenities
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Four Corners 8-plex by bedroom type below.
1 Bedroom
Suggested income:
$45,000
per year
Rent report

Four Corners 8-plex Rent vs. Salem Average

 Four Corners 8-plex      Salem Average
1BR
$1,250
$1,301
$0
$450
$900
$1,350
$1,800

Four Corners 8-plex is asking 4% less than the average 1 bedroom apartment in Salem.

If you upsized to an average priced Salem 2 bedroom apartment, you would pay 12% more per month.

If you downsized to an average priced Salem studio apartment, you would pay 39% less per month.

Four Corners 8-plex provides 6% more square footage than the average Salem 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Four Corners 8-plex
1BR $1,250 $1.80 $3,750
Salem Average
Studio $933 $2.50 $2,800
1BR $1,301 $2.00 $3,904
2BR $1,486 $1.60 $4,458
3BR $2,117 $1.60 $6,352
4BR $2,626 $1.40 $7,877

Availability in Salem

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 339 2BR units on the market in Salem. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
2% 31% 54% 11% 1%
Available Units in Salem
Studio 14
1BR 196
2BR 339
3BR 72
4BR 7
Location
Nearby Colleges
Nearby Hospitals
Name Distance
Oregon State Hospital Salem 1.55 mi.
Salem Hospital 2.78 mi.
Legacy Silverton Hospital 10.6 mi.
Nearby Fire Stations
Name Distance
Marion County Fire District #1 1.93 mi.
Salem Fire Department 2.08 mi.
Marion County Fire District #1 2.08 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in now.
What's the square footage of the available units?
It's 684 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 1 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Four Corners 8-plex has a 1 bedroom unit starting at $1,250.
Where is this property located?
This property is at 4230-4242 State St in Salem, OR. It's 2.7 miles east from the center of Salem.
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