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
Fox Ln2822$591,6071,873 Sq.Ft.5/9/2025Foxtail Ct933$556,5562,267 Sq.Ft.3/24/2022Franco Ln5N/AN/A$214,200N/A12/14/2010Franklin St4531$337,5561,144 Sq.Ft.2/18/2025Fran St1632$461,4381,714 Sq.Ft.3/27/2024Frantz Ct732$496,5711,864 Sq.Ft.2/24/2022Franzen St1N/AN/AN/AN/AN/AFraser Ln531$441,2001,466 Sq.Ft.4/28/2016Fredrickson Ln432$631,2502,664 Sq.Ft.5/26/2021Fredrick St821$329,2501,354 Sq.Ft.5/5/2025Fred Way232$396,0001,782 Sq.Ft.4/4/2013Freedom Loop1421$643,8572,558 Sq.Ft.7/18/2022Freeway Ct4N/AN/AN/A15,020 Sq.Ft.10/2/2006Friar Ct2432$425,2081,468 Sq.Ft.7/8/2024Friendship Ave2831$488,5602,006 Sq.Ft.12/11/2024Frisco Ct622$475,0001,985 Sq.Ft.9/9/2021Frontier Dr1142$486,0912,021 Sq.Ft.7/7/2023Front St21122$508,4466,193 Sq.Ft.11/18/2024Fruitland Rd5732$707,3524,663 Sq.Ft.10/7/2024Fuhrer Ct2032$450,4001,714 Sq.Ft.4/5/2023Fuhrer St5632$428,6961,585 Sq.Ft.5/9/2025Fuller Ln532$396,4001,100 Sq.Ft.3/30/2022Fultz Ave1132$405,6361,437 Sq.Ft.3/27/2025Fussy Duck Ln432$386,2501,315 Sq.Ft.8/20/2020Future Dr4232$392,1221,384 Sq.Ft.3/24/2025Future Rd632$438,6672,002 Sq.Ft.2/29/2024Gabriela Ct4832$179,1521,661 Sq.Ft.5/11/2017Gadwall Ave832$548,7501,755 Sq.Ft.10/17/2024Gaffin Rd3532$571,30015,255 Sq.Ft.4/27/2025Gaia St3N/AN/AN/AN/A4/29/2024Gaines St1521$352,4171,499 Sq.Ft.11/8/2022Gale St198$1,114,0008,248 Sq.Ft.10/1/2004Galina Ct642$700,1672,626 Sq.Ft.7/13/2021Galloway St3512$730,4863,019 Sq.Ft.6/10/2025Galven Pl432$336,7501,473 Sq.Ft.10/14/2024Ganon St3032$790,8973,591 Sq.Ft.10/25/2024Garden Creek Ln211$883,5005,746 Sq.Ft.1/9/2018Garden Ct1632$389,3751,313 Sq.Ft.3/27/2023Gardenia Dr1532$411,0711,772 Sq.Ft.7/12/2022Gardner Rd5132$437,6001,652 Sq.Ft.8/3/2024Garfield St1021$383,1001,443 Sq.Ft.6/20/2024Garlock St2032$430,6321,576 Sq.Ft.9/11/2024Garnet St2821$337,3571,375 Sq.Ft.12/18/2024Garrett St333$639,0002,495 Sq.Ft.8/17/2022Gath Rd1632$945,6004,509 Sq.Ft.5/28/2024Gearhart Ave632$622,8332,276 Sq.Ft.7/17/2019Geartz Ln322$665,0002,241 Sq.Ft.6/8/2022Gehlar Rd1632$492,75013,050 Sq.Ft.2/8/2024Gemini Ave5832$499,2242,046 Sq.Ft.4/18/2025Gemma St2843$833,2143,371 Sq.Ft.5/28/2025Gem Pl542$459,4001,987 Sq.Ft.7/25/2024Genesis Ct1032$615,2002,119 Sq.Ft.11/27/2024Genesis St1621$577,8132,812 Sq.Ft.11/3/2023Geneva Ave442$440,5001,808 Sq.Ft.5/24/2025Genie Ct2531$364,0001,036 Sq.Ft.12/2/2024Genie St1931$358,3681,008 Sq.Ft.5/11/2023Geoff St632$434,0001,408 Sq.Ft.2/28/2023George Ct342$499,0002,350 Sq.Ft.6/17/2020George St1732$407,4121,457 Sq.Ft.5/17/2018Georgia Ave2532$450,5601,746 Sq.Ft.6/20/2024Geranium Ave2932$442,3101,680 Sq.Ft.12/2/2024Geranium Loop3932$423,7441,574 Sq.Ft.10/29/2024Gerleon St722$462,5712,280 Sq.Ft.10/4/2022Gerth Ave3531$352,2581,609 Sq.Ft.5/16/2025Gibson Rd2832$853,9052,523 Sq.Ft.9/16/2024Gibsonwoods Ct3643$598,5002,581 Sq.Ft.5/28/2024Gifford St642$497,5002,220 Sq.Ft.4/20/2023Gilbert St3232$478,0631,853 Sq.Ft.8/7/2024Gill St2232$428,0451,461 Sq.Ft.10/26/2022Gilmer St932$476,4442,015 Sq.Ft.1/21/2025Ginger Ave1832$412,3531,348 Sq.Ft.6/21/2024Ginther Way323$526,0002,441 Sq.Ft.N/AGinwood Ct332$438,3331,421 Sq.Ft.5/1/2020Giovanni Ave4032$710,6252,560 Sq.Ft.3/31/2025Glacier Ct432$466,2502,089 Sq.Ft.2/29/2024Glacier View St2232$451,4092,023 Sq.Ft.5/28/2024Gladmar St922$529,4441,987 Sq.Ft.5/19/2025Gladys St1332$409,3081,569 Sq.Ft.3/6/2025Glenada Ln332$391,3331,335 Sq.Ft.9/25/2023Glenallen Ct1132$366,7271,224 Sq.Ft.2/12/2020Glencoe St1932$381,2223,457 Sq.Ft.2/11/2021Glen Creek Rd12832$490,7504,573 Sq.Ft.6/10/2025Glendale Ave10232$395,1961,443 Sq.Ft.11/21/2024Glendora Ave1422$672,5712,601 Sq.Ft.6/20/2023Glen Echo Ct732$622,8572,515 Sq.Ft.5/9/2025Glen Eden Ct1133$555,9092,388 Sq.Ft.2/2/2021Glenview Way1332$388,2311,375 Sq.Ft.3/27/2022Glenwood Dr5831$368,7931,539 Sq.Ft.3/6/2025Glenwood Loop3032$417,4671,706 Sq.Ft.10/7/2024Glory Ct2622$311,2691,623 Sq.Ft.5/6/2025Glory Ridge Ct543$807,8003,286 Sq.Ft.5/3/2022Glory Ridge St943$664,2222,640 Sq.Ft.2/25/2021Glyneagle Dr1332$517,5382,103 Sq.Ft.12/4/2024Gobert Ave132$398,0001,260 Sq.Ft.N/AGoldcrest Ave5642$536,2682,073 Sq.Ft.2/25/2025Gold Dust St1032$228,2001,517 Sq.Ft.N/AGolden Eagle Ct1242$552,4172,075 Sq.Ft.1/13/2022Golden Eagle St4343$618,5352,692 Sq.Ft.9/19/2024Golden Hill Ln232$647,0002,244 Sq.Ft.9/27/2019Goldenrod Ave1632$436,8751,682 Sq.Ft.9/24/20242750 Basalt Ct NESalem, OR 97301
Estimated Value $535,000
Living Area 1,917 SqFt
Beds 4
Baths 2.5
Year Built 2022
Property Type Single Family
Ownership Type Trust
APN 604861
Neighborhood Northeast Salem
School District Salem-Keizer School District 24J
1125 5th St NESalem, OR 97301
Estimated Value $474,000
Living Area 2,880 SqFt
Beds 1
Baths 2
Year Built 1935
Property Type Single Family
Ownership Type Individual
APN 584334
Neighborhood Grant
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
935 Garnet St NESalem, OR 97301
Estimated Value $374,000
Living Area 1,768 SqFt
Beds 3
Baths 2
Year Built 1917
Property Type Single Family
Ownership Type Related
APN 587263
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
3227 Ladd Ave NESalem, OR 97301
Estimated Value $379,000
Living Area 1,350 SqFt
Beds 3
Baths 1.5
Year Built 1963
Property Type Single Family
Ownership Type Multiple
APN 588390
Neighborhood Northeast Salem
School District Salem-Keizer School District 24J
1815 Capitol St NESalem, OR 97301
Estimated Value $322,000
Living Area 1,150 SqFt
Beds 3
Baths 1
Year Built 1920
Property Type Single Family
Ownership Type Individual
APN 577394
Neighborhood Highland
School District Salem-Keizer School District 24J
1010 13th St NESalem, OR 97301
Estimated Value $315,000
Living Area 902 SqFt
Beds 2
Baths 1
Year Built 1945
Property Type Single Family
Ownership Type Related
APN 526845
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
344 19th St SESalem, OR 97301
Estimated Value $357,000
Living Area 1,474 SqFt
Beds 3
Baths 1
Year Built 1926
Property Type Single Family
Ownership Type Related
APN 568405
Neighborhood Southeast Salem
School District Salem-Keizer School District 24J
2465 5th St NESalem, OR 97301
Estimated Value $368,000
Living Area 1,946 SqFt
Beds 3
Baths 1.5
Year Built 1964
Property Type Single Family
Ownership Type Individual
APN 571915
Neighborhood Highland
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
598 20th St NESalem, OR 97301
Estimated Value $344,000
Living Area 1,078 SqFt
Beds 2
Baths 1
Year Built 1950
Property Type Single Family
Ownership Type Individual
APN 527487
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
490 Academy St NESalem, OR 97301
Estimated Value $320,000
Living Area 1,260 SqFt
Beds 3
Baths 1.5
Year Built 1950
Property Type Single Family
Ownership Type Multiple
APN 578199
Neighborhood Highland
School District Salem-Keizer School District 24J
298 15th St SESalem, OR 97301
Estimated Value $390,000
Living Area 1,819 SqFt
Beds 1
Baths 2
Year Built 1916
Property Type Single Family
Ownership Type Individual
APN 595191
Neighborhood Southeast Salem
School District Salem-Keizer School District 24J
1168 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
1765 Winter St NESalem, OR 97301
Estimated Value $606,000
Living Area 2,842 SqFt
Beds 2
Baths 1
Year Built 1928
Property Type Single Family
Ownership Type Individual
APN 586342
Neighborhood Grant
School District Salem-Keizer School District 24J
1835 Church St NESalem, OR 97301
Estimated Value $368,000
Living Area 1,322 SqFt
Beds 3
Baths 1.5
Year Built 1974
Property Type Single Family
Ownership Type Related
APN 584630
Neighborhood Highland
School District Salem-Keizer School District 24J