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
Fairhaven Ave2332$361,0481,504 Sq.Ft.5/30/2025Fairmount Ave5921$618,0852,353 Sq.Ft.2/27/2025Fair Oaks Way1432$435,5001,820 Sq.Ft.4/15/2021Fairview Ave9221$398,7162,913 Sq.Ft.11/12/2024Fairview Industrial Dr3932$550,00044,836 Sq.Ft.1/9/2024Fairway Ave11622$260,8782,348 Sq.Ft.5/30/2025Faith Ave1432$414,0001,511 Sq.Ft.9/13/2024Falcon Ct432$408,7501,579 Sq.Ft.2/18/2022Fanno Ridge Ln533$412,2001,374 Sq.Ft.3/3/2025Fanny Ct1132$410,5451,537 Sq.Ft.6/24/2021Fanny Way1332$427,9231,794 Sq.Ft.8/16/2022Faragate Ave2N/AN/AN/AN/AN/AFaragate St632$330,0001,776 Sq.Ft.8/2/2007Farm Credit Dr5N/AN/AN/A23,546 Sq.Ft.N/AFarm Field Ave1532$464,0671,850 Sq.Ft.11/14/2023Faro Ln333$686,3332,869 Sq.Ft.5/9/2025Farrell Ave1622$418,0631,663 Sq.Ft.3/6/2023Fawk St821$552,3752,771 Sq.Ft.7/21/2021Fawn St1942$540,1582,211 Sq.Ft.7/15/2024Feather Cloud St1832$478,6111,767 Sq.Ft.12/28/2023Feather Fire Ave1042$528,9002,074 Sq.Ft.2/22/2024Feather Ln111$563,0002,802 Sq.Ft.N/AFeather Sky St1742$544,1182,258 Sq.Ft.9/3/2024Feddern Ln143$846,0004,802 Sq.Ft.5/22/2020Felicity Ct1542$448,8001,765 Sq.Ft.9/11/2023Felina Ave1432$407,75015,116 Sq.Ft.6/24/2021Fellowship Ave422$304,0001,814 Sq.Ft.5/6/2025Fellowship Way632$400,1672,255 Sq.Ft.4/9/2024Felton St5032$453,9801,681 Sq.Ft.6/2/2025Fenmere Way333$717,0002,934 Sq.Ft.2/26/2020Ferguson St943$664,2222,614 Sq.Ft.3/29/2023Fernbrook Ct1732$409,0001,286 Sq.Ft.8/21/2024Fern Ct732$429,4291,578 Sq.Ft.9/12/2024Ferndell St1032$376,9001,403 Sq.Ft.9/26/2024Fern Dr132$539,0002,113 Sq.Ft.6/10/2024Fernwood Ct2532$496,0402,072 Sq.Ft.5/19/2025Ferry St6521$373,97611,384 Sq.Ft.2/28/2025Fiddlers Ln453$843,7503,576 Sq.Ft.3/24/2025Fieldcrest Ct2232$410,2271,327 Sq.Ft.1/7/2025Filbert Ave1N/AN/A$329,000962 Sq.Ft.5/23/2007Filbert Creek Ln453$566,7502,727 Sq.Ft.1/27/2025Fillmore Ave2943$588,2762,514 Sq.Ft.1/10/2025Fillmore Ct543$634,0003,001 Sq.Ft.7/6/2021Finale Ct932$392,5561,358 Sq.Ft.1/13/2022Finch Ct1232$394,4171,280 Sq.Ft.4/18/2022Fircrest Ct1143$583,1822,508 Sq.Ft.6/14/2024Fircrest St2432$551,8752,474 Sq.Ft.5/3/2025Fir Dell Ct1532$406,5331,422 Sq.Ft.5/2/2023Fir Dell Dr7532$415,0951,535 Sq.Ft.5/23/2025Firefly Ct643$661,5002,399 Sq.Ft.6/23/2023Fire Fox St243$698,5003,069 Sq.Ft.9/29/2021Firestone Ave211$630,5002,659 Sq.Ft.11/9/2005Fir Gardens St1643$476,3332,162 Sq.Ft.1/28/2021Fir Knoll Ln2732$708,9633,109 Sq.Ft.11/28/2022Fir Ln332$498,6671,599 Sq.Ft.6/3/2015Fir Pl522$890,4004,180 Sq.Ft.7/11/2014Fir Rest Way1N/AN/AN/A59,168 Sq.Ft.N/AFir St6821$622,5072,751 Sq.Ft.6/5/2025Firth Ave342$731,6672,700 Sq.Ft.1/18/2022Fir Tree Dr3532$878,8293,065 Sq.Ft.1/14/2025Fisher Ct734$522,2862,364 Sq.Ft.1/4/2010Fisher Rd13832$374,9286,262 Sq.Ft.1/31/2025Fitzpatrick Ave1222$573,5832,117 Sq.Ft.4/17/2023Flag Ave943$436,7782,142 Sq.Ft.9/9/2024Flairstone Ct2232$482,3641,920 Sq.Ft.8/23/2024Flairstone Dr1332$482,3851,786 Sq.Ft.5/4/2023Flat Rock Ct1133$684,9092,667 Sq.Ft.5/22/2023Flicker Dr3421$623,4412,521 Sq.Ft.5/5/2025Flight Ave242$479,0001,509 Sq.Ft.5/3/2024Flint Ct1132$415,4551,394 Sq.Ft.6/1/2025Flintlock Ct1232$397,9171,406 Sq.Ft.3/29/2024Flintlock Dr932$436,8891,668 Sq.Ft.2/14/2019Flint Ridge St1232$404,0831,303 Sq.Ft.7/23/2024Florence Ave2032$380,9501,323 Sq.Ft.5/28/2025Flower Ave1632$405,0631,341 Sq.Ft.5/28/2025Floyd Ct343$438,6671,333 Sq.Ft.4/21/2025Flying Eagle Cir142$1,175,0005,393 Sq.Ft.N/AFlying Eagle St343$715,3333,112 Sq.Ft.12/14/2022Flying Squirrel Way2322$360,4351,222 Sq.Ft.7/15/2024Fontana Ct1832$378,9441,270 Sq.Ft.2/26/2024Fontana St1532$415,9331,473 Sq.Ft.4/7/2025Ford St3731$358,9391,623 Sq.Ft.7/26/2024Forest Glen Ct632$464,3331,835 Sq.Ft.11/13/2023Forest Hills Way1932$484,3682,155 Sq.Ft.2/27/2023Forest Ln332$641,6673,023 Sq.Ft.9/29/2020Forrest Gump Ln232$715,0003,028 Sq.Ft.8/5/2020Forsythe Dr1242$628,9172,744 Sq.Ft.10/12/2023Fort Hill Ave933$684,1112,628 Sq.Ft.5/7/2021Fort Rock Ave2132$438,1431,342 Sq.Ft.7/18/2023Fort Rock Ct932$550,8892,258 Sq.Ft.1/5/2024Fountainhead St1432$564,3572,330 Sq.Ft.1/8/2024Fountain Valley Way1N/AN/AN/A95,169 Sq.Ft.N/AFour H Rd452$1,077,5003,458 Sq.Ft.9/17/2024Four Point St932$370,1111,272 Sq.Ft.11/24/2021Four Seasons Ct1632$381,7501,331 Sq.Ft.5/14/2025Fox Ct1232$406,9171,340 Sq.Ft.6/28/2024Foxglove St1332$464,6921,745 Sq.Ft.8/7/2024Foxhaven Ct933$570,1112,289 Sq.Ft.11/29/2021Foxhaven Dr5932$522,1862,004 Sq.Ft.4/16/2025Fox Hollow Dr633$926,1673,348 Sq.Ft.1/24/2022698 Thompson Ave NESalem, OR 97301
Estimated Value $344,000
Living Area 1,483 SqFt
Beds 2
Baths 2
Year Built 1948
Property Type Single Family
Ownership Type Multiple
APN 567555
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
1780 Grant St NESalem, OR 97301
Estimated Value $377,000
Living Area 1,463 SqFt
Beds 2
Baths 1.5
Year Built 1938
Property Type Single Family
Ownership Type Related
APN 584842
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
1245 Nebraska Ave NESalem, OR 97301
Estimated Value $454,000
Living Area 1,702 SqFt
Beds 3
Baths 1.5
Year Built 1922
Property Type Single Family
Ownership Type Individual
APN 574414
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
798 20th St NESalem, OR 97301
Estimated Value $335,000
Living Area 1,079 SqFt
Beds 2
Baths 1.5
Year Built 1910
Property Type Single Family
Ownership Type Individual
APN 567495
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
1598 Court St NESalem, OR 97301
Estimated Value $507,000
Living Area 988 SqFt
Beds 2
Baths 1
Year Built 1901
Property Type Single Family
Ownership Type Corporate
APN 527545
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
586 Market St NESalem, OR 97301
Estimated Value $253,000
Living Area 672 SqFt
Beds 2
Baths 1
Year Built 1925
Property Type Single Family
Ownership Type Related
APN 584300
Neighborhood Grant
School District Salem-Keizer School District 24J
1185 17th St NESalem, OR 97301
Estimated Value $309,000
Living Area 1,108 SqFt
Beds 3
Baths 1
Year Built 1953
Property Type Single Family
Ownership Type Corporate
APN 572160
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
1165 Garnet St NESalem, OR 97301
Estimated Value $290,000
Living Area 740 SqFt
Beds 1
Baths 1
Year Built 1964
Property Type Single Family
Ownership Type Corporate
APN 574403
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
925 Madison St NESalem, OR 97301
Estimated Value $325,000
Living Area 1,356 SqFt
Beds 1
Baths 2
Year Built 1928
Property Type Single Family
Ownership Type Individual
APN 584768
Neighborhood Highland
School District Salem-Keizer School District 24J
1367 Chemeketa St NESalem, OR 97301
Estimated Value $632,000
Living Area 2,745 SqFt
Beds 1
Baths 2
Year Built 1900
Property Type Single Family
Ownership Type Individual
APN 587819
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
2790 Brooks Ave NESalem, OR 97301
Estimated Value $215,000
Living Area 967 SqFt
Beds 2
Baths 1
Year Built 1925
Property Type Single Family
Ownership Type Individual
APN 582081
Neighborhood Highland
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
995 Garnet St NESalem, OR 97301
Estimated Value $458,000
Living Area 1,836 SqFt
Beds 3
Baths 3
Year Built 1949
Property Type Single Family
Ownership Type Individual
APN 587258
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
272 Laurine St NESalem, OR 97301
Estimated Value $465,000
Living Area 2,359 SqFt
Beds 1
Baths 1.5
Year Built 2006
Property Type Single Family
Ownership Type Multiple
APN 332232
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J