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
Crystal Ct932$754,4443,011 Sq.Ft.9/26/2019Crystal St1232$239,0911,646 Sq.Ft.6/19/2007C St721$354,286897 Sq.Ft.4/18/2023Cuckoo Ct1432$485,0711,799 Sq.Ft.8/14/2023Cultus Ave1432$478,5001,681 Sq.Ft.2/29/2024Cultus Ct932$439,0001,404 Sq.Ft.3/29/2023Culver Dr4532$682,0704,113 Sq.Ft.9/11/2024Culver Ln1621$470,6671,894 Sq.Ft.9/3/2024Culver Rd1N/AN/AN/AN/A12/16/2009Cumberland Ct4132$115,8161,264 Sq.Ft.N/ACumulus Ct933$594,4442,554 Sq.Ft.8/19/2021Cunningham Ln5232$504,0224,849 Sq.Ft.5/28/2025Currant Ln442$434,0001,626 Sq.Ft.7/26/2022Curtis Way213$511,0002,202 Sq.Ft.7/31/2023Cutter Ct542$552,8002,142 Sq.Ft.12/8/2010Cypress St832$387,4291,888 Sq.Ft.8/8/2024Dahlia Way632$1,071,2003,935 Sq.Ft.1/29/2024Dain Dr622$660,0003,231 Sq.Ft.5/15/2019Daiquiri Ave1732$475,3532,098 Sq.Ft.12/13/2022Daisy Ln943$690,8892,742 Sq.Ft.7/5/2023Dakota Ct1332$391,6921,293 Sq.Ft.5/29/2024Dakota Rd7432$414,8191,540 Sq.Ft.1/2/2025Dale Ave442$639,0002,561 Sq.Ft.12/1/2021Daleview Rd622$913,1673,413 Sq.Ft.4/2/2025Dalke Ct1332$435,2501,724 Sq.Ft.3/3/2021Dalke Ridge Ct1632$605,3752,481 Sq.Ft.3/25/2025Dalke Ridge Dr6243$577,0002,415 Sq.Ft.11/22/2024Danalee St342$381,6671,349 Sq.Ft.8/19/2014Dan Ave1232$503,6671,908 Sq.Ft.3/22/2022Dancers Ct832$422,7501,357 Sq.Ft.7/8/2022Daniel St1832$431,3331,411 Sq.Ft.9/25/2024Danwood Ln1N/AN/A$346,000252 Sq.Ft.N/ADarcy St822$535,5001,923 Sq.Ft.9/9/2021Darina Way153$458,0002,240 Sq.Ft.N/ADark Forest Pl1432$244,1431,347 Sq.Ft.8/19/2022Darlene St242$354,5001,365 Sq.Ft.2/4/2016Darling St1532$860,8573,638 Sq.Ft.4/8/2025Darrin Ct1032$534,0001,907 Sq.Ft.1/15/2025Darrin St1632$543,5631,952 Sq.Ft.9/28/2023Davcor St12N/AN/AN/A4,767 Sq.Ft.12/9/2020Dave St232$314,5001,378 Sq.Ft.9/13/2024Davidson St1621$360,1881,271 Sq.Ft.11/25/2024Davis Rd5332$541,1154,787 Sq.Ft.5/16/2025Dawn St931$337,1111,104 Sq.Ft.3/30/2021Deana St322$477,6671,855 Sq.Ft.4/1/2011Dean Ct432$763,7502,577 Sq.Ft.10/29/2019Dean St1232$368,8181,297 Sq.Ft.11/13/2024Dearborn Ave132$417,0001,384 Sq.Ft.11/3/2014Debbie Way832$385,8751,713 Sq.Ft.8/22/2019Debra Ct343$575,6672,729 Sq.Ft.2/12/2016Deepwood Ln2143$1,366,0003,391 Sq.Ft.12/12/2024Deepwood Loop3332$282,9391,339 Sq.Ft.5/29/2024Deepwood Pl1522$239,6671,257 Sq.Ft.12/6/2022Deerfield Ct322$1,133,3334,060 Sq.Ft.5/19/2010Deerfield Dr1422$1,024,6433,558 Sq.Ft.8/27/2024Deerhaven Dr1N/AN/AN/A46,143 Sq.Ft.N/ADeerhorn Ct931$363,3331,218 Sq.Ft.3/11/2025Deering Dr1733$560,7652,441 Sq.Ft.3/8/2023Deer Lake Ct4022$1,070,8253,769 Sq.Ft.4/7/2023Deer Park Dr1487$678,33341,348 Sq.Ft.5/23/2017Deer Run Ave332$1,070,6674,310 Sq.Ft.10/22/2004Deerwind Ave2643$538,9622,041 Sq.Ft.6/24/2024Deerwind Ct1432$468,8571,688 Sq.Ft.5/7/2025Deglow Ln2N/AN/A$350,000N/A7/21/2023Delaney Rd4332$786,6674,349 Sq.Ft.5/12/2025Delmar Dr2821$360,5561,272 Sq.Ft.3/11/2025Delphinium Pl322$520,0008,216 Sq.Ft.12/20/2017Del St164$614,0002,238 Sq.Ft.N/ADelton Ln132$487,0002,111 Sq.Ft.4/16/2018Del Villa St1N/AN/AN/A23,924 Sq.Ft.3/31/2015Del Webb Ave13N/AN/AN/A28,540 Sq.Ft.5/15/2024Denali St1222$781,5002,446 Sq.Ft.1/10/2025Denise Ct1231$364,1671,008 Sq.Ft.1/29/2025Denise St2031$365,7001,008 Sq.Ft.5/28/2025Denver Ave2N/AN/AN/A4,000 Sq.Ft.6/20/2006Denver Pl4N/AN/AN/A9,261 Sq.Ft.N/ADeon Ln443$1,154,7503,384 Sq.Ft.6/29/2022Depot Ct3N/AN/AN/A742,263 Sq.Ft.6/28/2019Derby Ct832$406,1251,463 Sq.Ft.4/9/2024Derksen Hill Rd732$757,4292,891 Sq.Ft.5/19/2023Derting Ln343$1,127,6674,725 Sq.Ft.9/22/2011Deschutes Rd144$2,190,00010,584 Sq.Ft.N/ADesert Deer Ave1232$458,6671,666 Sq.Ft.9/11/2023Desiree Ct542$738,4002,370 Sq.Ft.12/23/2020Destiny Ln413$523,0005,699 Sq.Ft.4/4/2025Devon Ave1532$850,5833,678 Sq.Ft.5/24/2024Devonshire Ave6N/AN/AN/A16,090 Sq.Ft.N/ADevonshire Ct2N/AN/AN/A89,768 Sq.Ft.N/ADewpointe St1822$549,1112,008 Sq.Ft.3/13/2025Diamond Ct1932$474,1581,903 Sq.Ft.3/14/2025Diamond Peak Ct1042$628,6002,426 Sq.Ft.5/17/2023Dian Ave1732$459,0591,744 Sq.Ft.5/20/2025Diane Ln422$667,2503,116 Sq.Ft.5/9/2005Dianne Dr732$391,0001,435 Sq.Ft.3/30/2021Discovery Pl253N/A3,593 Sq.Ft.4/24/2001Dishion Ct321$779,3333,025 Sq.Ft.12/15/2004Distinctive Ct1033$522,4002,242 Sq.Ft.5/17/2024Division St7N/AN/A$526,00037,128 Sq.Ft.12/18/2014Dixie Ave1732$386,6471,317 Sq.Ft.9/3/2024Doaks Ferry Rd9232$577,9747,004 Sq.Ft.2/25/20251168 Evergreen Ave NESalem, OR 97301
Estimated Value $408,000
Living Area 1,988 SqFt
Beds 2
Baths 1
Year Built 1951
Property Type Single Family
Ownership Type Corporate
APN 571559
Neighborhood Northeast Salem
School District Salem-Keizer School District 24J
1715 Waller St SESalem, OR 97302
Estimated Value $296,000
Living Area 780 SqFt
Beds 2
Baths 1
Year Built 1947
Property Type Single Family
Ownership Type Individual
APN 571090
Neighborhood Southeast Salem
School District Salem-Keizer School District 24J
3289 Windsor Ave NESalem, OR 97301
Estimated Value $445,000
Living Area 2,331 SqFt
Beds 2
Baths 2
Year Built 1970
Property Type Single Family
Ownership Type Individual
APN 588486
Neighborhood Northeast Salem
School District Salem-Keizer School District 24J
2245 Laurel Ave NESalem, OR 97301
Estimated Value $314,000
Living Area 823 SqFt
Beds 2
Baths 1
Year Built 1946
Property Type Single Family
Ownership Type Multiple
APN 586280
Neighborhood Highland
School District Salem-Keizer School District 24J
1925 17th St NESalem, OR 97301
Estimated Value $369,000
Living Area 1,443 SqFt
Beds 1
Baths 1.5
Year Built 1945
Property Type Single Family
Ownership Type Multiple
APN 588136
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
945 Edina Ln NESalem, OR 97301
Estimated Value $355,000
Living Area 1,195 SqFt
Beds 3
Baths 2
Year Built 1976
Property Type Single Family
Ownership Type Corporate
APN 527185
Neighborhood Northeast Salem
School District Salem-Keizer School District 24J
1940 Church St NESalem, OR 97301
Estimated Value $332,000
Living Area 1,200 SqFt
Beds 3
Baths 2
Year Built 1926
Property Type Single Family
Ownership Type Corporate
APN 569912
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
2460 Maple Ave NESalem, OR 97301
Estimated Value $315,000
Living Area 1,208 SqFt
Beds 1
Baths 1
Year Built 1947
Property Type Single Family
Ownership Type Multiple
APN 577268
Neighborhood Highland
School District Salem-Keizer School District 24J
1098 E St NESalem, OR 97301
Estimated Value $480,000
Living Area 1,910 SqFt
Beds 1
Baths 1
Year Built 1925
Property Type Single Family
Ownership Type Multiple
APN 585610
Neighborhood Grant
School District Salem-Keizer School District 24J
990 20th St NESalem, OR 97301
Estimated Value $409,000
Living Area 1,513 SqFt
Beds 2
Baths 1.5
Year Built 1925
Property Type Single Family
Ownership Type Individual
APN 572398
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
2295 Breyman St NESalem, OR 97301
Estimated Value $337,000
Living Area 1,140 SqFt
Beds 1
Baths 1
Year Built 1939
Property Type Single Family
Ownership Type Related
APN 596280
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
1339 Baker St NESalem, OR 97301
Estimated Value $365,000
Living Area 1,056 SqFt
Beds 3
Baths 1
Year Built 1998
Property Type Single Family
Ownership Type Related
APN 588192
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
1018 Park Ave NESalem, OR 97301
Estimated Value $275,000
Living Area 810 SqFt
Beds 2
Baths 1
Year Built 1947
Property Type Single Family
Ownership Type Individual
APN 527223
Neighborhood Northeast Salem
School District Salem-Keizer School District 24J
2184 Laurine Ct NESalem, OR 97301
Estimated Value $453,000
Living Area 1,700 SqFt
Beds 3
Baths 1.5
Year Built 2004
Property Type Single Family
Ownership Type Related
APN 332226
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
1525 19th St NESalem, OR 97301
Estimated Value $385,000
Living Area 1,419 SqFt
Beds 3
Baths 1
Year Built 1929
Property Type Single Family
Ownership Type Individual
APN 579970
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J