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Listing provided courtesy of FIRST COMMERCIAL REAL ESTATEMLS# 834341MLS ProviderContact Information: Cell: 503-559-2694
  • 265 days on site
  • 4 views

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.

Source: Willamette Valley MLS, MLS#: 834341

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  • Property Type
    Residential Income
  • Lot
    0.24 acres

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  • Median Age
    41
  • Population Density
    570
  • College Educated
    48%
  • Estimated Median Income
    $74,583
  • Estimated Total Home Owners
    8,303
  • Estimated Total Renters
    4,290
  • Owner / Renter Divide
    66% / 34%
  • Estimated Average Household Size
    3
  • Total Population
    32,435
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1520-1530 7th St NW

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
3/24/2026Source: Willamette Valley MLS Price Reduction
$825,000 -2.9%
10/7/2025Source: Willamette Valley MLS Added to Database
October 07, 2025