$850,000

1520 7th St NW Salem, OR 97304

West Salem Neighborhood

Estimated payment $5,375/month

6 Beds
6 Baths
4,000 Sq Ft
$212 Price per Sq Ft

About This Home

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 Agent

Conrad Venti

FIRST COMMERCIAL REAL ESTATE License #201252758 Listed on: 10/06/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Home Design

  • 4,000 Sq Ft Home
  • Composition Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Schools

  • Walker Middle School
  • West Salem High School

Additional Features

  • Patio
  • 10,454 Sq Ft Lot
  • Flood Zone Lot

Community Details

  • 6 Units
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 400

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Multi- (5+)
  • Syndicated Remarks: 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.
  • Cross Street: Piedmont St
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 6
  • Laundry: Laundry Center

Exterior Features

  • Patio: Patio
  • Roof: Composition

Utilities

  • Water: City
  • Sewer: City

Lot Info

  • Acres: 0.24
  • Flood Plain: Yes
  • Lot: 400
  • Lot Type: Dimension Above
  • Zoning: RM2
  • Property Use Type: Investment

Multi Family

  • Unit Types: Flat
  • Number Of Units: 6

MLS Schools

  • HighSchool: West Salem
  • Middle School: Walker

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2025 10/06/25 For Sale $850,000 -- $213 / Sq Ft
Source: Willamette Valley MLS

Source: Willamette Valley MLS

MLS Number: 834341

Willamette Valley MLS
Oregon Polk County Salem 97304 West Salem

1520 7th St NW, Salem, OR

This home is located at 1520 7th St NW, Salem, OR 97304 and is currently priced at $850,000, approximately $212 per square foot. This property was built in 1972. 1520 7th St NW is a home located in Polk County with nearby schools including Myers Elementary School, Walker Middle School, and West Salem High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Willamette Valley MLS Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson

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Conrad Venti
Listing Agent
Conrad Venti
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FIRST COMMERCIAL REAL ESTATE
(503) 559-2694