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Listed by CONRAD VENTI • FIRST COMMERCIAL REAL ESTATE • Cell: 503-559-2694
$690,000
Est. payment /mo
6 Beds
6 Baths
4,000 SqFt
Price Dropped by $135K
1520-1530 7th St NW NW Salem, OR 97304
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Key Details
Property Type Multi-Family
Sub Type Multi- (5+)
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $172
MLS Listing ID 834341
Bedrooms 6
Year Built 1972
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type Multi- (5+)
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.
Location
State OR
County Polk
Area 60 Northwest Salem
Interior
Laundry Laundry Center
Exterior
Roof Type Composition
Building
Sewer City
Water City
New Construction No
Schools
Middle Schools Walker
High Schools West Salem
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
NEARBY SCHOOL & BUSINESS
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Donna Jo Merrifield
Principal Broker, South/Central OR Area Leader, Dream & Key Group Team Leader | License ID: 971200102