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
Goldstone Ct1232$436,5001,862 Sq.Ft.8/28/2024Golf Course Rd3N/AN/A$269,0009,782 Sq.Ft.N/AGoodin Pl343$1,117,0003,742 Sq.Ft.6/12/2019Gordon St1332$373,0831,416 Sq.Ft.5/22/2024Graber Ave2342$436,3041,660 Sq.Ft.8/12/2024Grace Ave332$484,6671,914 Sq.Ft.1/31/2023Granada Way1721$539,4122,178 Sq.Ft.9/28/2021Grand Fir Ln222$1,277,0003,808 Sq.Ft.11/10/2021Grandon Ln112$1,827,0005,234 Sq.Ft.2/23/2021Grandover Ave2132$644,2862,707 Sq.Ft.4/7/2025Grand View Pl942$502,8892,087 Sq.Ft.9/13/2021Granite Ct432$611,7502,551 Sq.Ft.4/3/2025Granite Dr132$315,0001,188 Sq.Ft.10/18/2004Grantham Ln922$616,5561,722 Sq.Ft.5/20/2025Grant St2321$366,6961,376 Sq.Ft.6/13/2024Grasshopper Ln442$391,5001,421 Sq.Ft.8/6/2020Grassland Ct1732$406,8821,490 Sq.Ft.3/11/2025Gray Ave1532$482,3332,137 Sq.Ft.5/28/2024Grayce Ct1542$419,4671,508 Sq.Ft.2/6/2025Gray Ct843$462,7501,894 Sq.Ft.11/10/2023Grayhawk Ct932$579,3332,512 Sq.Ft.5/15/2024Gray Oak Ln932$1,002,0003,698 Sq.Ft.7/18/2012Grear St7N/AN/AN/A4,698 Sq.Ft.11/19/2015Great Oaks Ln322$817,3333,198 Sq.Ft.1/8/2024Great Plains Dr4432$453,7271,742 Sq.Ft.5/28/2025Greenacre Dr1632$455,4381,719 Sq.Ft.5/21/2024Greenbriar St132$375,0001,425 Sq.Ft.7/24/2012Greenbrook Ct532$366,8001,351 Sq.Ft.10/18/2024Greencrest St7532$427,2471,614 Sq.Ft.12/31/2024Greenfield Ln332$363,3331,356 Sq.Ft.5/25/2024Greenlea Way432$901,0003,266 Sq.Ft.5/2/2022Green Ridge Ct1232$397,2501,204 Sq.Ft.9/24/2021Green St1N/AN/AN/AN/AN/AGreenstone Ct1032$729,4002,747 Sq.Ft.8/30/2022Greentree Ct1422$265,0771,452 Sq.Ft.6/15/2023Greentree Dr5732$351,8601,548 Sq.Ft.6/7/2025Gregory Ct632$409,5001,283 Sq.Ft.6/6/2025Gregory Ln5332$397,3401,360 Sq.Ft.5/8/2025Gretchen Ln232$980,5003,114 Sq.Ft.10/8/2011Greyback Ct533$741,0003,151 Sq.Ft.4/28/2021Greymar St432$774,7502,858 Sq.Ft.2/7/2019Grice Hill Ct533N/A4,097 Sq.Ft.4/6/2023Grice Hill Dr1543$1,328,0005,180 Sq.Ft.1/23/2025Grouse Dr1932$394,4741,410 Sq.Ft.4/4/2022Grove St1121$338,5561,410 Sq.Ft.9/27/2024Guava Ct532$656,2001,982 Sq.Ft.12/19/2005Gulfport St1032$293,7001,287 Sq.Ft.8/7/2023Gwendolyn Loop312$506,3332,688 Sq.Ft.1/25/2008Gwinn Way432$926,2503,417 Sq.Ft.6/21/2023Gypsy Ln422$880,5002,901 Sq.Ft.8/4/2023Haas Ln2232$425,2271,400 Sq.Ft.6/2/2025Hackney Ct1622$386,8751,283 Sq.Ft.8/24/2023Hadley St1532$416,2145,461 Sq.Ft.5/29/2025Hagers Grove Rd8N/AN/AN/A45,560 Sq.Ft.8/22/2007Hager St4831$369,4681,599 Sq.Ft.1/9/2023Haley St632$331,6671,024 Sq.Ft.4/9/2025Halifax Sq2022$316,1501,253 Sq.Ft.12/4/2024Hallelujah Dr1721$332,7061,310 Sq.Ft.2/21/2024Hallelujah St143$493,0001,947 Sq.Ft.3/31/2015Hallet Ct1033$617,5002,242 Sq.Ft.11/5/2021Halls Ferry Rd1132$760,0913,977 Sq.Ft.10/2/2020Hall St7N/AN/AN/A3,218 Sq.Ft.11/22/2006Ha Mar Ave1432$364,5381,100 Sq.Ft.10/19/2023Hamlet Ct612$560,0002,318 Sq.Ft.10/12/2022Hammel St2432$354,7391,421 Sq.Ft.7/5/2024Hampden Ln8922$326,0001,763 Sq.Ft.9/6/2024Hancock Ave732$341,0001,274 Sq.Ft.2/23/2021Hanover Ct832$447,3751,558 Sq.Ft.1/29/2025Hansen Ave6721$532,0622,118 Sq.Ft.6/3/2025Happy Dr7132$445,4081,784 Sq.Ft.11/14/2023Happy Valley Way232$1,002,5003,664 Sq.Ft.12/5/2019Hapuna Ave532$712,8002,983 Sq.Ft.2/5/2016Harbourtown Ct1022$784,6003,022 Sq.Ft.7/3/2021Hardin Ave233$525,0001,911 Sq.Ft.2/19/2015Harding Ave1832$529,1112,023 Sq.Ft.10/14/2024Harding Ct633$592,0002,363 Sq.Ft.8/27/2021Hari Ln264$936,5006,276 Sq.Ft.12/10/2002Harlandale Ave1632$449,7501,593 Sq.Ft.6/14/2023Harlan Dr3732$476,1671,764 Sq.Ft.5/29/2024Harley Way542$859,0005,001 Sq.Ft.9/5/2023Harney St1N/AN/AN/A13,210 Sq.Ft.10/5/2012Harold Dr6N/AN/AN/A17,882 Sq.Ft.3/17/2011Harper Ln233$1,002,0004,048 Sq.Ft.5/21/2019Harpole St2332$822,1743,784 Sq.Ft.9/2/2021Harrison St431$352,7501,407 Sq.Ft.4/19/2021Harris St3131$402,6211,952 Sq.Ft.3/30/2023Harritt Dr3042$578,8332,277 Sq.Ft.2/29/2024Harvard Ct731$566,6673,112 Sq.Ft.3/19/2018Harvestview Ln322$587,6672,628 Sq.Ft.N/AHarvey St931$371,1111,367 Sq.Ft.1/30/2023Hastings St434$755,0003,896 Sq.Ft.10/6/2004Hawaii St1232$357,2501,185 Sq.Ft.1/26/2021Hawk Ct542$497,6002,110 Sq.Ft.7/26/2018Hawk Hill St1032$454,9001,483 Sq.Ft.3/5/2024Hawksview Ave1223$360,2501,475 Sq.Ft.2/24/2025Hawthorne Ave16953$506,63111,856 Sq.Ft.10/2/2024Hawthorne Ct632$403,0001,621 Sq.Ft.9/2/2015Hayden St411$431,5002,347 Sq.Ft.10/30/2014Hayesville Ct1032$406,0001,260 Sq.Ft.9/29/2021Hayesville Dr11632$440,3061,996 Sq.Ft.3/4/20251025 Norway St NESalem, OR 97301
Estimated Value $344,000
Living Area 1,117 SqFt
Beds 2
Baths 1
Year Built 1920
Property Type Single Family
Ownership Type Multiple
APN 568812
Neighborhood Grant
School District Salem-Keizer School District 24J
698 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
2060 Bruce St NESalem, OR 97301
Estimated Value $284,000
Living Area 1,140 SqFt
Beds 1
Baths 1
Year Built 1946
Property Type Single Family
Ownership Type Trust
APN 527088
Neighborhood Lansing
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
1050 21st St NESalem, OR 97301
Estimated Value $505,000
Living Area 2,071 SqFt
Beds 1
Baths 1
Year Built 1926
Property Type Single Family
Ownership Type Multiple
APN 572404
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
1147 Garnet St NESalem, OR 97301
Estimated Value $289,000
Living Area 768 SqFt
Beds 1
Baths 1
Year Built 1934
Property Type Single Family
Ownership Type Individual
APN 574404
Neighborhood Northeast Neighbors
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
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
1120 Columbia St NESalem, OR 97301
Estimated Value $418,000
Living Area 1,966 SqFt
Beds 1
Baths 1.5
Year Built 1940
Property Type Single Family
Ownership Type Individual
APN 570137
Neighborhood Highland
School District Salem-Keizer School District 24J
2080 17th St NESalem, OR 97301
Estimated Value $306,000
Living Area 912 SqFt
Beds 2
Baths 1
Year Built 1950
Property Type Single Family
Ownership Type Related
APN 570253
Neighborhood Northeast Neighbors
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
196 23rd St SESalem, OR 97301
Estimated Value $334,000
Living Area 1,627 SqFt
Beds 3
Baths 1
Year Built 1925
Property Type Single Family
Ownership Type Related
APN 587292
Neighborhood Southeast Salem
School District Salem-Keizer School District 24J
665 Market St NESalem, OR 97301
Estimated Value $315,000
Living Area 1,372 SqFt
Beds 1
Baths 1
Year Built 1939
Property Type Single Family
Ownership Type Individual
APN 584283
Neighborhood Grant
School District Salem-Keizer School District 24J
443 17th St NESalem, OR 97301
Estimated Value $321,000
Living Area 916 SqFt
Beds 2
Baths 1
Year Built 1949
Property Type Single Family
Ownership Type Related
APN 596491
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
1465 Center St NESalem, OR 97301
Estimated Value $363,000
Living Area 1,240 SqFt
Beds 3
Baths 1
Year Built 1926
Property Type Single Family
Ownership Type Individual
APN 527582
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J