Skip main navigation
For sale
    • Listed by: First Commercial Real Estate • CONRAD VENTI • Contact: Cell: 503-559-2694
    Price cut: $135K (7/20)
    $690,000

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

    6beds
    6baths
    4,000sqft
    : 
    $4,704/mo
    Get pre-qualified
    Multi Family
    Built in 1972
    -- sqft lot
    $679,500 Zestimate®
    $173/sqft
    $-- HOA

    What's special

    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.
    292 days
    |
    183
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    CONRAD VENTI Cell:503-559-2694,

    First Commercial Real Estate

    Source: WVMLS,MLS#: 834341MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 6
      Appliances
      • Laundry: Common Area
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 4,000
      • Total interior livable area: 4,000 sqft

      Property

      Features
      • Patio & porch: Patio
      Lot
      • Size: 10,454 Square Feet
      • Features: Dimension Above
      Details
      • Zoning: RM2

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1972

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Salem

      Financial & listing details

      • Price per square foot: $173/sqft
      • Price range: $690K - $690K
      • Date on market: 10/8/2025
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional

        Estimated market value

        $679,500

        $646,000 - $713,000

        $1,902/mo

        Price history

        DateEventPrice
        7/20/2026Price change$690,000-16.4%$173/sqft
        Source: WVMLS #834341 Report a problem
        3/24/2026Price change$825,000-2.9%$206/sqft
        Source: WVMLS #834341 Report a problem
        10/8/2025Listed for sale$850,000$213/sqft
        Source: WVMLS #834341 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: West Salem

        Getting around

        56 / 100
        Somewhat Walkable
        36 / 100
        Some Transit
        69 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Middle: Walker
        • High: West Salem

        Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes

              Nearby cities

              Nearby neighborhoods

              Nearby zip codes

              Other Salem Topics

                Search
                Updates
                Favorites
                Plan
                Inbox