Financial
Distress signals
Property profile

1031 7th NW St Salem, OR 97304

OFF-MARKET
Apartment buildings
Property ID
US71-0458046
4,140 SF 0.18 ac lot Built 1977
Last sale Feb 2019 · $500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$306k
Assessed land$90k
Assessed improvement$216k
Effective rate1.88%

Value estimate

· Sep 2026
$495k
$446k – $545k
AI approach$495k
CAP approach$705k
Submarket $/SF estimate$664k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$156/SF
County average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$102 – $199

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RM2
The purpose of the Multiple Family Residential-II (RM-II) Zone is to implement the multiple family residential designation of the Salem A...
General categoryRESIDENTIAL
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.0
Tailor Shop9.4
Laundry Service9.3

Location

1031 7th NW St Salem, OR 97304-3971
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1053 Ruge NW, Salem, OR 97304-3968 $1,690,000 Jul 2024 4,103 SF
890 Cascade NW, Salem, OR 97304-3764 $280,000 Feb 2024 3,912 SF
1132 6th NW, Salem, OR 97304-3964 $200,000 Mar 2022 3,396 SF
1142 6th NW, Salem, OR 97304-3964 $200,000 Mar 2022 3,396 SF
653 Fir Gdns NW, Salem, OR 97304-4324 $590,000 Dec 2020 3,104 SF
961 Lynda NW, Salem, OR 97304-2120 $312,000 May 2020 3,556 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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