This well-located West Salem 6-plex presents a compelling value-add investmentopportunity with immediate income upside. The building has solid bones and is positioned for both cosmetic upgrades and long-term repositioning.With strong rental demand in this established neighborhood, investorscan capture significant upside through renovations, rent adjustments, or a longtermhold with steady appreciation. This 6-plex provides a combination of in-placeincome with clear pathways to enhanced returns.
For sale
Listed by:
CONRAD VENTI Cell:503-559-2694,
First Commercial Real Estate
$850,000
1520-1530 7th St NW, Salem, OR 97304
6beds
6baths
4,000sqft
Est.:
Multi Family
Built in 1972
-- sqft lot
$828,000 Zestimate®
$213/sqft
$-- HOA
What's special
- 64 days |
- 162 |
- 7 |
Zillow last checked: 8 hours ago
Listing updated: October 07, 2025 at 06:15pm
Listed by:
CONRAD VENTI Cell:503-559-2694,
First Commercial Real Estate
Source: WVMLS,MLS#: 834341
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Appliances
- Laundry: Common Area
Features
- Has fireplace: No
Interior area
- Total structure area: 4,000
- Total interior livable area: 4,000 sqft
Property
Features
- Patio & porch: Patio
Lot
- Size: 10,454.4 Square Feet
- Features: Dimension Above
Details
- Zoning: RM2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Salem
Financial & listing details
- Price per square foot: $213/sqft
- Price range: $850K - $850K
- Date on market: 10/8/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$828,000
$787,000 - $869,000
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/8/2025 | Listed for sale | $850,000$213/sqft |
Source:  WVMLS #834341 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$4,952/mo
Principal & interest
$4094
Property taxes
$560
Home insurance
$298
Climate risks
Neighborhood: West Salem
Nearby schools
GreatSchools rating
- 8/10Myers Elementary SchoolGrades: K-5Distance: 0.5 mi
- 3/10Walker Middle SchoolGrades: 6-8Distance: 0.4 mi
- 6/10West Salem High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Middle: Walker
- High: West Salem
Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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