Home / Salem / Wallace Park Apartments (03)
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Updated 3 days ago

Wallace Park Apartments (03)


540 Wallace Rd NW Salem, OR

2 Bed
•
2 Bath

1,100 Sq. Ft.

Available Now
2 Beds • 2 Bath
$1,395 - $1,400
1100 ft2
2 Available
Managed By: Invest West Management, Llc
Updated 3 days ago

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Unit 203
$1,395
Available Now
View
Unit 224
$1,400
Available Jun 3rd, 2024
View
View Rented Units
Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
71
Very Walkable
Transit Score®
50
Good Transit
Bike Score®
84
Very Bikeable
Amenities
On-site Laundry
Fitness Center
Storage
Disability Access
Refrigerator
Garbage Disposal
Trash Removal Included
Public Transportation
Range / Oven
Microwave
High-speed Internet
Smoke-free Community
Elevator
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Parking
Surface Parking
Garage - Attached
Lease & Fees
Security Deposit: $800.0
Property details
Description

SECLUDED WALLACE PARK APARTMENTS - We use an independent, third-party pet screening vendor for all
our tenant prospects. To help ensure ALL of our residents
understand our pet and animal-related policies we require
EVERYONE to complete a third-party screening and review
process regardless of having a pet or animal. This process
ensures we have formalized pet and animal-related policy
acknowledgments and accurate pet / animal records.
There is a nominal fee for a household pet screening Pet Profile.
This is a separate charge from the rental application fee ($25).
There is no ($0) charge for an assistance animal accommodation
request and no ($0) charge for a 'No Pet / Animal' profile. Please
visit investwestmanagement.petscreening.com to get started.
While our vacant properties are cleaned once at turnover, please
be aware that it is logistically impossible to sanitize the units
between viewings, or prior to move-in. To reduce any possible
risk, we ask that you not touch anything while in the unit, and
wash your hands or use hand sanitizer after re-locking the unit.
For new move-ins, you may wish to perform your own sanitation
of surfaces (with a non-damaging cleaner).

(RLNE1853717)

Additional Details
Account Type: Other
Total Unit Count: 65
Last Updated: Updated 3 days ago
Contact Number: (503) 588-2996
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 Wallace Park Apartments (03) by bedroom type below.
2 Bedroom
Suggested income:
$50,300
per year
Rent report

Wallace Park Apartments (03) Rent vs. Salem Average

 Wallace Park Apartments (03)      Salem Average
2BR
$1,398
$1,483
$0
$500
$1,000
$1,500
$2,000

Wallace Park Apartments (03) is asking 6% less than the average 2 bedroom apartment in Salem.

If you upsized to an average priced Salem 3 bedroom apartment, you would pay 31% more per month.

If you downsized to an average priced Salem 1 bedroom apartment, you would pay 13% less per month.

Wallace Park Apartments (03) provides 17% more square footage than the average Salem 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Wallace Park Apartments (03)
2BR $1,398 $1.30 $4,193
Salem Average
Studio $1,061 $2.40 $3,184
1BR $1,309 $2.00 $3,928
2BR $1,483 $1.60 $4,450
3BR $2,135 $1.60 $6,405
4BR $2,637 $1.30 $7,910

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 306 2BR units on the market in Salem. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
7% 28% 51% 12% 2%
Available Units in Salem
Studio 40
1BR 166
2BR 306
3BR 75
4BR 12
Location
Nearby Colleges
Nearby Hospitals
Name Distance
Salem Hospital 1.24 mi.
Oregon State Hospital Salem 2.15 mi.
West Valley Hospital 13.02 mi.
Nearby Fire Stations
Name Distance
Salem Fire & Ems Department 0.71 mi.
Marion Fire/Ems 0.71 mi.
Salem Fire Department 0.77 mi.
FAQs
Is this property currently leasing units?
Yes. There are 2 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 2 units available for move-in over the next 2 months. 1 unit is vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units are 1,100 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 2 bedroom units available.
How many bathrooms are in the available units?
There are 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,395 to $1,400. Wallace Park Apartments (03) has 2 bedroom units available starting at $1,395.
Where is this property located?
This property is at 540 Wallace Rd NW in Salem, OR. It's 1.0 miles northwest from the center of Salem.
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