$850,000

1520-1530 7th St NW, Salem, OR 97304

  • 6 beds |
  • 6 baths |
  • 4,000 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1972
  • Property Lot Size Icon10,454sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $213/sqft
  • Property List Date Icon Listed 8 days ago

Property Description

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.

Listing Status:
Active
Listing Office:
FIRST COMMERCIAL REAL ESTATE : 503-364-7400
Listing Agent:
CONRAD VENTI :
MLS ID:
834341
  • Laundry: Common Area
  • Roofing: Composition
  • Originating MLS: Black Knight 2 - Willamette Valley Multiple Listing Service
  • County: Polk
  • Current Use: Investment
  • Water: Public
  • Sewer: Public Sewer
  • Source: Black Knight 2 - Willamette Valley Multiple Listing Service

This listing courtesy of CONRAD VENTI, FIRST COMMERCIAL REAL ESTATE

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Myers Elementary School

2160 Jewel St NW, Salem, OR, 97304

Grades KG-5

0.54 miles away

W

Walker Middle School

1075 8th St NW, Salem, OR, 97304

Grades 6-8

0.41 miles away

W

West Salem High School

1776 Titan Dr NW, Salem, OR, 97304

Grades 9-12

1.38 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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