Exclusive Offering
REDWOOD HILLS
420 Flying Squirrel Way NW, Salem, Oregon 97304
A well-maintained 16-unit multifamily townhome community located in West Salem, Oregon.
Pricing
$3,120,000
$195,000 Per Unit
Marcus & Millichap is pleased to present Redwood Hills, a well-maintained 16-unit multifamily townhome community located at 420 Flying Squirrel Way NW in West Salem, Oregon. Situated in the highly desirable West Salem submarket within Polk County, the property benefits from strong tenant demand, excellent neighborhood appeal, and a favorable landlord environment compared to larger nearby metropolitan markets.
Full financials and property information are available on the Offering Memorandum.
Property Overview
A Modern Multifamily Townhome Asset
Redwood Hills consists of two-story townhome-style residences originally built in 2000 and updated in 2006, offering an attractive low-density residential setting with established landscaping, mature trees, and green space throughout the community. The community features a 100% two-bedroom, two-bathroom unit mix with approximately 900 square feet per unit.
Units
16
Year Built
2000
Buildings
3
Floors
2
Lot Size
0.55 AC
Parking
Attached
Unit Summary
Unit Mix
| Unit Type | # Units | Approx SF |
|---|---|---|
| 2 Bed / 2 Bath Townhome | 16 | 900 |
| Total | 16 | 14,400 |
- • 100% Two-Bedroom Townhome Layouts Approximately 900 Square Feet
- • Attached Single Car Garages with Off-Street Parking
- • Gas Fireplaces, Vaulted Ceilings, and Private Decks
- • In-Unit Washer and Dryer Hookups in Dedicated Closets
Gallery
Property Photos
Location
West Salem, Oregon
The asset is positioned in a quiet residential cul-de-sac just minutes from downtown Salem, Interstate 5 access, and major regional employment centers, creating strong long-term rental stability. Residents benefit from immediate proximity to major employers including Salem Health, the State of Oregon government offices, and nearby educational institutions such as Willamette University.
The property is also located near shopping destinations including Orchard Ridge area retail, Roth's Fresh Markets, and other West Salem conveniences, while remaining within minutes of parks, public transportation, and downtown Salem amenities.
Downloads
Access the Full Offering Memorandum
Execute the Confidentiality Agreement to download the complete Offering Memorandum, including operating data, rent roll, pricing details, and market analysis.
Contact
Listing Advisors
Chandler Miller
Director Investments
Marcus & Millichap | The Rhoades Group
Whitney Rhoades
Managing Director Investments
Marcus & Millichap | The Rhoades Group