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

6beds
6baths
4,000sqft
$825,000
$206price/sqft
$5,277/moest. monthly cost
$211,080/yrincome needed

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.

Getting Around

56
WalkingSomewhat Walkable
36
TransitSome Transit
69
BikeBikeable

Schools

8/10
Myers Elementary SchoolGrades K-50.5 mi
3/10
Walker Middle SchoolGrades 6-80.4 mi
6/10
West Salem High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1972

Materials

  • Roof: Composition

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: Common Area

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 6

Interior Area

  • Total structure area: 4,000
  • Total interior livable area: 4,000 sqft

Property

Details

  • Zoning: RM2

Features

  • Patio & porch: Patio

Lot

  • Lot size: 10,454 sqft
  • Features: Dimension Above