Beneath its modest façade, Salem, the Oregon state capitol, offers a wealth of potential that attracts investors seeking both value and opportunity. Here, the median sale price is around $450,000, allowing investors to acquire properties with potentially higher rental yields compared to pricier markets. Salem's stable economy is effectively anchored by government institutions, healthcare, and education, minimizing vacancy risk and offering investors the prospect of consistent cash flow.
While up until a few years ago Salem has been viewed as a government town, more recently it has witnessed a push towards diversification. Growing industries like technology and manufacturing are bringing new residents and businesses, which fuels the demand for housing across various segments. This unlocks the potential for both long-term appreciation and diverse investment opportunities, including single-family homes and multi-unit developments that cater to young professionals.
Salem presents real estate investors who are seeking affordability, stability, and the potential for growth with many opportunities. With its emerging industries, charming atmosphere, and diverse investment options, Salem is a hidden gem for investors looking for a unique blend of value and opportunity.
Popular Streets in Salem, Oregon
Auburn Rd32132$254,0961,846 Sq.Ft.4/24/2025Church St33821$422,6193,138 Sq.Ft.5/15/2025Commercial St56921$394,5658,919 Sq.Ft.4/16/2025Lancaster Dr84032$198,2306,030 Sq.Ft.6/10/2025Portland Rd50832$264,8665,655 Sq.Ft.5/1/2025Robins Ln38132$217,2031,936 Sq.Ft.7/27/2020State St42632$554,1108,100 Sq.Ft.5/30/2025Sunnyview Rd33332$540,9664,766 Sq.Ft.6/2/2025Turner Rd51432$170,3243,904 Sq.Ft.8/21/2023Wallace Rd30632$481,3265,128 Sq.Ft.3/20/2025All Streets in Salem, Oregon
Columbia St6121$359,8652,021 Sq.Ft.3/26/2025Columbine Ct432$447,0001,750 Sq.Ft.7/29/2020Comber Ct3922$179,923999 Sq.Ft.5/1/2025Comet St1432$503,0002,012 Sq.Ft.1/3/2024Comfort Valley Way732$422,4291,584 Sq.Ft.7/13/2021Commanche Ct742$490,1432,164 Sq.Ft.6/20/2022Commercial St56921$394,5658,919 Sq.Ft.4/16/2025Compton Ln2232$403,8641,245 Sq.Ft.9/12/2023Concomly Rd4322$1,380,6744,529 Sq.Ft.6/21/2023Concord St2622$238,3752,276 Sq.Ft.2/13/2013Congressional Ct422$800,7503,123 Sq.Ft.5/25/2016Conifer St2632$807,2614,550 Sq.Ft.7/13/2022Connecticut Ave7432$387,1891,542 Sq.Ft.5/28/2025Connecticut St1132$421,80010,533 Sq.Ft.3/16/2021Connell Way4N/AN/AN/AN/A5/22/2025Connemara Ct1522$390,7331,276 Sq.Ft.3/23/2022Conner St942$562,4442,342 Sq.Ft.8/31/2021Conrad St1432$444,3571,661 Sq.Ft.6/29/2021Conser Way1N/AN/AN/A49,317 Sq.Ft.1/4/2019Constellation Ave4932$485,7761,935 Sq.Ft.2/28/2025Constitution Ave1522$639,1332,399 Sq.Ft.3/6/2025Continental Cir4622$351,1741,605 Sq.Ft.2/19/2025Cooke St2531$422,1201,545 Sq.Ft.9/17/2024Cookie Anne Way332$455,0001,714 Sq.Ft.9/30/2020Cooley Dr2432$396,0871,583 Sq.Ft.5/20/2021Coolidge Dr1432$386,9291,577 Sq.Ft.7/18/2024Copper Creek Loop10832$140,5191,299 Sq.Ft.N/ACopper Glen Ct1132$520,3641,874 Sq.Ft.5/2/2025Copper Glen Dr1032$561,7783,231 Sq.Ft.3/21/2022Coral Ave1541$332,20020,438 Sq.Ft.7/31/2024Coranado Ct432$450,0001,684 Sq.Ft.11/18/2016Corbett Ct732$374,7141,297 Sq.Ft.4/16/2021Cord Ln832$406,0001,204 Sq.Ft.10/30/2024Cordon Ln232$508,0002,200 Sq.Ft.12/11/2020Cordon Rd12432$581,7864,219 Sq.Ft.2/26/2025Corina Dr3721$453,8111,948 Sq.Ft.6/2/2025Corki Ct532$390,4001,109 Sq.Ft.2/19/2021Cornerstone Ct1232$286,4171,193 Sq.Ft.8/2/2024Cornucopia St221N/A14,240 Sq.Ft.5/21/2018Coronation Ct1431$366,0711,132 Sq.Ft.3/16/2023Corredale Dr251$2,019,5007,257 Sq.Ft.7/18/2006Corredale St112$1,221,0004,329 Sq.Ft.7/20/2017Corum Ct1432$369,0832,175 Sq.Ft.8/28/2024Cottage St21021$404,9722,957 Sq.Ft.6/4/2025Cottontail Ct2432$336,5221,363 Sq.Ft.1/16/2025Cottonwood Ct1632$408,6881,345 Sq.Ft.12/26/2024Cottonwood St3632$760,0283,354 Sq.Ft.1/27/2021Cougar Ct2932$426,7592,066 Sq.Ft.9/1/2023Council Ct731$362,4291,146 Sq.Ft.7/18/2019Countess Ct932$376,0001,238 Sq.Ft.3/17/2025Country Club Dr733$726,00011,028 Sq.Ft.9/8/2021Country Dr811$538,1252,287 Sq.Ft.4/3/2021Country Ln1531$358,8671,324 Sq.Ft.4/25/2023Countryside Ct1532$454,6671,918 Sq.Ft.3/1/2021Countryside Dr2732$465,1111,820 Sq.Ft.5/16/2025Countryside St1N/AN/AN/A318,068 Sq.Ft.N/ACourtney Ln632$505,8331,952 Sq.Ft.6/5/2023Court St12321$504,58510,051 Sq.Ft.6/11/2025Cousteau Dr2212$329,684989 Sq.Ft.3/14/2025Cousteau Loop2221$428,5241,229 Sq.Ft.2/12/2025Coventry Ct1833$465,2781,805 Sq.Ft.5/31/2024Covey Ln621$1,142,1673,712 Sq.Ft.5/26/2020Covington St1232$293,4171,299 Sq.Ft.7/12/2024Cowboy Ln211$426,0001,519 Sq.Ft.12/5/2006Cowrie Ct443$475,0001,666 Sq.Ft.4/22/2024Coyote Ct1132$389,2731,336 Sq.Ft.8/8/2024Crabgrass St731$333,0001,081 Sq.Ft.12/21/2023Craig Ln432$389,5001,796 Sq.Ft.5/17/2023Cranston St3832$383,9741,414 Sq.Ft.4/29/2025Crawford St1463$868,0774,718 Sq.Ft.6/14/2023Creek Ct1532$408,9331,281 Sq.Ft.4/30/2019Creekside Dr6222$679,1482,554 Sq.Ft.5/19/2025Crescent Dr633$552,0002,265 Sq.Ft.9/30/2019Crestbrook Dr1043$558,5002,372 Sq.Ft.5/30/2023Crestdale Ct432$373,0001,160 Sq.Ft.6/29/2021Cresthill Ave1742$551,8822,239 Sq.Ft.1/7/2025Crestmont Cir4422$1,251,5244,296 Sq.Ft.10/24/2024Creston Ln432$403,5001,392 Sq.Ft.8/10/2021Crestview Ct511$672,6003,098 Sq.Ft.7/17/2020Crestview Dr13722$506,4932,649 Sq.Ft.5/7/2025Cricket Ct822$545,6252,015 Sq.Ft.7/27/2024Crimson Cap Ln432$417,0001,407 Sq.Ft.7/17/2024Crimson Ct531$357,6001,115 Sq.Ft.11/20/2017Croisan Creek Rd8522$675,0002,466 Sq.Ft.6/4/2025Croisan Mountain Ct611$756,6673,371 Sq.Ft.2/15/2023Croisan Mountain Dr3422$1,173,2594,043 Sq.Ft.10/1/2024Croisan Ridge Way1032$1,191,3003,657 Sq.Ft.12/14/2023Croisan Scenic Way2732$606,8892,406 Sq.Ft.9/11/2024Crooked River Ave532$393,4001,225 Sq.Ft.4/17/2024Crooked Stick Loop2722$745,6152,707 Sq.Ft.11/18/2024Cross Creek Ln322$1,126,3333,845 Sq.Ft.9/30/2020Crossler Ct932$696,0002,590 Sq.Ft.9/15/2022Crossler Meadow Loop1132$567,3002,010 Sq.Ft.2/23/2023Cross St5121$419,5241,910 Sq.Ft.7/19/2023Crouchen St3333$396,7881,510 Sq.Ft.10/30/2024Crowley Ave2222$567,8182,495 Sq.Ft.12/11/2024Crown Ct1532$376,3331,207 Sq.Ft.1/23/2023Crozer St2842$462,6791,907 Sq.Ft.3/4/2025Cryla Way432$393,6671,252 Sq.Ft.N/ACrystal Ave3532$194,8001,498 Sq.Ft.N/A2390 Broadway St NESalem, OR 97301
Estimated Value $384,000
Living Area 1,720 SqFt
Beds 2
Baths 2
Year Built 1946
Property Type Single Family
Ownership Type Individual
APN 571926
Neighborhood Highland
School District Salem-Keizer School District 24J
2716 D St NESalem, OR 97301
Estimated Value $476,000
Living Area 1,975 SqFt
Beds 1
Baths 1.5
Year Built 2022
Property Type Single Family
Ownership Type Individual
APN 604875
Neighborhood Northeast Salem
School District Salem-Keizer School District 24J
2380 Center St NESalem, OR 97301
Estimated Value $302,000
Living Area 915 SqFt
Beds 2
Baths 1
Year Built 1947
Property Type Single Family
Ownership Type Individual
APN 595633
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
205 22nd St SESalem, OR 97301
Estimated Value $280,000
Living Area 1,022 SqFt
Beds 2
Baths 1
Year Built 1895
Property Type Single Family
Ownership Type Related
APN 568174
Neighborhood Southeast Salem
School District Salem-Keizer School District 24J
895 15th St NESalem, OR 97301
Estimated Value $337,000
Living Area 1,312 SqFt
Beds 1
Baths 1
Year Built 1930
Property Type Single Family
Ownership Type Individual
APN 526798
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
191 Victoria Dr NESalem, OR 97301
Estimated Value $432,000
Living Area 1,555 SqFt
Beds 3
Baths 2
Year Built 1965
Property Type Single Family
Ownership Type Trust
APN 588105
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
265 23rd St NESalem, OR 97301
Estimated Value $359,000
Living Area 1,138 SqFt
Beds 2
Baths 2
Year Built 1934
Property Type Single Family
Ownership Type Related
APN 596258
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
1130 Highland Ave NESalem, OR 97301
Estimated Value $281,000
Living Area 935 SqFt
Beds 2
Baths 1
Year Built 1929
Property Type Single Family
Ownership Type Corporate
APN 573276
Neighborhood Highland
School District Salem-Keizer School District 24J
486 18th St NESalem, OR 97301
Estimated Value $532,000
Living Area 3,216 SqFt
Beds 2
Baths 2
Year Built 1965
Property Type Single Family
Ownership Type Corporate
APN 595570
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
780 Thompson Ave NESalem, OR 97301
Estimated Value $301,000
Living Area 720 SqFt
Beds 2
Baths 1
Year Built 1942
Property Type Single Family
Ownership Type Individual
APN 567448
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
1997 23rd St NESalem, OR 97301
Estimated Value $357,000
Living Area 960 SqFt
Beds 2
Baths 1
Year Built 1950
Property Type Single Family
Ownership Type Individual
APN 581612
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
585 Richmond Ave SESalem, OR 97301
Estimated Value $354,000
Living Area 962 SqFt
Beds 4
Baths 2
Year Built 1925
Property Type Single Family
Ownership Type Individual
APN 587350
Neighborhood Southeast Salem
School District Salem-Keizer School District 24J
797 15th St NESalem, OR 97301
Estimated Value $400,000
Living Area 2,191 SqFt
Beds 2
Baths 3
Year Built 1963
Property Type Single Family
Ownership Type Related
APN 585671
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
295 Church St SE #509Salem, OR 97301
Estimated Value $527,000
Living Area 1,396 SqFt
Beds 2
Baths 2
Year Built 2008
Property Type Condominium
Ownership Type Related
APN 345524
Neighborhood Central Area
School District Salem-Keizer School District 24J
233 24th St SESalem, OR 97301
Estimated Value $242,000
Living Area 880 SqFt
Beds 2
Baths 1
Year Built 1964
Property Type Condominium
Ownership Type Related
APN 566697
Neighborhood Southeast Salem
School District Salem-Keizer School District 24J
1910 Maple Ave NESalem, OR 97301
Estimated Value $307,000
Living Area 884 SqFt
Beds 2
Baths 1
Year Built 1928
Property Type Single Family
Ownership Type Multiple
APN 582508
Neighborhood Highland
School District Salem-Keizer School District 24J