West Salem Six-Plex

1520 7th St NW, Salem, OR, USA

This well-located West Salem 6-plex presents a compelling value-add investment opportunity with immediate income upside. The property consists of six 1 bed, 1 bath units across ≈4,000 SF on a single .24-acre parcel, zoned RM2 (Residential Multifamily 2). Built in 1972, the building has solid bones and is positioned for both cosmetic upgrades
and long-term repositioning.

With strong rental demand in this established West Salem neighborhood, investors can capture significant upside through renovations, rent adjustments, or a longterm hold with steady appreciation. This 6-plex provides a combination of in-place income with clear pathways to enhanced returns.

Property Details

  • Property Type(s): Multi-Family
  • Price: $850,000
  • Available: 4,000 SF
  • Zone: RM2

Listing Agent

Conrad Venti

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