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
Jenah St1232$374,6671,185 Sq.Ft.12/15/2022Jenniches Ln722$1,133,5004,411 Sq.Ft.8/13/2024Jennifer Ave232$443,0001,365 Sq.Ft.7/8/2020Jennifer Ct1632$448,1881,473 Sq.Ft.8/4/2022Jennifer St132$436,0001,254 Sq.Ft.N/AJenny Ct632$445,5001,536 Sq.Ft.2/5/2020Jensen St521$314,600838 Sq.Ft.3/14/2024Jeremiah Way1N/AN/A$380,000128 Sq.Ft.N/AJeremy Valley Dr2532$559,6001,865 Sq.Ft.6/13/2025Jericho Ct732$506,1431,778 Sq.Ft.6/2/2023Jerris Ave1121$543,2732,171 Sq.Ft.12/3/2024Jerusalem Hill Rd2432$723,5912,370 Sq.Ft.4/1/2025Jessie Way232$353,5001,518 Sq.Ft.9/29/2004Jesslyn Ct932$468,1111,747 Sq.Ft.10/9/2024Jester Ct532$381,0001,345 Sq.Ft.3/3/2016Jev Ct2132$452,9521,641 Sq.Ft.9/28/2023Jewel St832$497,4299,052 Sq.Ft.2/28/2019Jimmy Ct432$391,5001,224 Sq.Ft.N/AJoanie Rose Ln432$412,5001,420 Sq.Ft.7/20/2023Joel Ct732$763,4293,576 Sq.Ft.2/26/2013Johan Ct1342$436,9231,409 Sq.Ft.6/24/2021Johnisee Ct1232$416,0001,624 Sq.Ft.4/15/2020John Muir Cir2722$444,8891,484 Sq.Ft.6/10/2025Johnson St2021$371,2227,982 Sq.Ft.11/23/2024Johns Pl343$937,3333,587 Sq.Ft.5/26/2023John St2521$542,0801,866 Sq.Ft.9/18/2024Joien Ct432$436,2501,451 Sq.Ft.5/16/2024Jolin Way232$437,0002,954 Sq.Ft.N/AJones Rd9532$467,4781,989 Sq.Ft.5/30/2024Jonmart Ave3832$480,2971,667 Sq.Ft.6/2/2025Joplin Ct1721$618,6472,293 Sq.Ft.8/24/2022Joplin St5132$491,8241,850 Sq.Ft.5/16/2025Jordan Dr3232$502,3131,945 Sq.Ft.9/26/2024Jordan St5132$724,6983,922 Sq.Ft.1/21/2025Jorgenson Ln233$584,5004,575 Sq.Ft.4/19/2021Jorie Ln5N/AN/AN/A4,724 Sq.Ft.8/9/2016Jory Hill Rd2932$766,5003,292 Sq.Ft.12/20/2022Joryville Ln321$1,196,3334,125 Sq.Ft.2/3/2017Joseph Ct1022$549,2002,411 Sq.Ft.6/26/2023Joseph St9532$605,6262,931 Sq.Ft.4/15/2025Joshua Ave2732$443,8151,684 Sq.Ft.4/18/2025Joy Haven Ln122$1,206,0004,597 Sq.Ft.3/1/2021Joynak St6033$381,5331,483 Sq.Ft.3/4/2025Jubilee Ln132$462,0001,691 Sq.Ft.N/AJubil Ln322$722,0005,540 Sq.Ft.8/10/2020Judson St7121$421,6552,467 Sq.Ft.5/30/2025Judy Ave1632$426,8751,727 Sq.Ft.7/18/2023Juliana Loop3432$364,5881,222 Sq.Ft.6/5/2024Juliet Ct1432$545,8571,963 Sq.Ft.2/8/2023Juliet Way731$395,8571,137 Sq.Ft.4/19/2023Juneau Ct1232$507,4171,758 Sq.Ft.11/26/2024Juneau Dr1421$529,7862,386 Sq.Ft.11/14/2024Juneau St1442$507,5711,886 Sq.Ft.12/20/2024June Ave1211$318,7501,406 Sq.Ft.4/9/2025Juneva Pl1432$268,5001,214 Sq.Ft.5/15/2023Juniper Butte Ave3432$703,7942,387 Sq.Ft.3/22/2024Juniper St1532$697,5003,959 Sq.Ft.3/21/2024Juntura Ave821$692,3332,935 Sq.Ft.11/12/2024Juntura Ct3532$539,7142,176 Sq.Ft.10/10/2023Juntura St1722$458,0631,818 Sq.Ft.11/18/2020Juntura Way2132$460,5241,604 Sq.Ft.6/6/2025Jurand Ln212$407,0001,716 Sq.Ft.5/8/2019Justice St3732$444,9721,717 Sq.Ft.12/27/2024Justice Way1432$494,5381,882 Sq.Ft.4/23/2025Justice Way Ct1932$503,2631,912 Sq.Ft.8/15/2023Kacey Cir1N/AN/AN/A147,942 Sq.Ft.7/12/2023Kailua St932$369,2221,231 Sq.Ft.7/14/2021Kalakala Cir932$1,154,7503,426 Sq.Ft.9/7/2016Kale St2032$561,6502,596 Sq.Ft.4/3/2025Kaley Ave1432$456,2141,659 Sq.Ft.2/22/2023Kalisa Ln222$680,0002,070 Sq.Ft.9/17/2020Kali St3632$532,1112,008 Sq.Ft.12/29/2023Kaloken Ct422$1,453,5005,029 Sq.Ft.7/13/2023Kamela Dr4232$448,7861,634 Sq.Ft.4/10/2025Kampstra St2031$400,8001,335 Sq.Ft.12/18/2020Kansas Ave921$361,2221,286 Sq.Ft.11/5/2024Kanuku Ct1132$488,7271,784 Sq.Ft.2/9/2021Kanuku St2632$430,8081,436 Sq.Ft.3/29/2022Kanz Ct321$312,00014,378 Sq.Ft.N/AKare Bear Ln3N/AN/A$280,6671,328 Sq.Ft.12/27/2019Karen Ave1231$430,6671,684 Sq.Ft.9/21/2023Karen Lynn Loop3533$374,4121,608 Sq.Ft.8/8/2024Karen Way4522$331,5331,381 Sq.Ft.1/29/2025Kari Dawn Ave4133$447,4151,781 Sq.Ft.2/27/2025Karma Ct722$526,2862,381 Sq.Ft.9/14/2022Karm Ln632$551,5001,994 Sq.Ft.6/17/2021Kashmir Ct1221$514,8332,323 Sq.Ft.3/3/2025Kashmir Dr1732$514,0592,066 Sq.Ft.5/28/2024Kashmir St1632$464,6881,761 Sq.Ft.6/3/2025Kashmir Way1031$598,00018,399 Sq.Ft.8/28/2018Kate Ln212$511,0003,154 Sq.Ft.3/27/2025Katey Ct1232$388,3331,350 Sq.Ft.8/30/2022Kathleen Ave1732$368,8821,356 Sq.Ft.4/24/2024Kathy Ct1532$471,2671,731 Sq.Ft.7/24/2023Kathy St1332$476,1541,697 Sq.Ft.4/18/2024Kathy Way1232$520,9172,022 Sq.Ft.8/28/2024Katrina Ct832$424,8751,526 Sq.Ft.5/10/2024Katybug Ct1132$490,9091,576 Sq.Ft.8/31/2023Katy Ln233$476,5002,083 Sq.Ft.4/27/2021Kauai St1532$347,6671,246 Sq.Ft.6/28/2023465 17th St NESalem, OR 97301
Estimated Value $309,000
Living Area 1,086 SqFt
Beds 1
Baths 1
Year Built 1920
Property Type Single Family
Ownership Type Individual
APN 596493
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
765 E St NESalem, OR 97301
Estimated Value $325,000
Living Area 963 SqFt
Beds 2
Baths 1
Year Built 1918
Property Type Single Family
Ownership Type Individual
APN 585160
Neighborhood Grant
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
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
1685 Madison St NESalem, OR 97301
Estimated Value $320,000
Living Area 937 SqFt
Beds 2
Baths 1
Year Built 1937
Property Type Single Family
Ownership Type Individual
APN 588147
Neighborhood Northeast Neighbors
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
1855 23rd St NESalem, OR 97301
Estimated Value $391,000
Living Area 1,099 SqFt
Beds 2
Baths 1
Year Built 1942
Property Type Single Family
Ownership Type Individual
APN 581599
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
1660 Cottage St NESalem, OR 97301
Estimated Value $384,000
Living Area 856 SqFt
Beds 2
Baths 1
Year Built 1920
Property Type Single Family
Ownership Type Individual
APN 566919
Neighborhood Grant
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
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
1141 23rd St NESalem, OR 97301
Estimated Value $322,000
Living Area 1,044 SqFt
Beds 3
Baths 1
Year Built 1949
Property Type Single Family
Ownership Type Individual
APN 571661
Neighborhood Northeast Neighbors
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
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
605 Bliler Ave NESalem, OR 97301
Estimated Value $358,000
Living Area 1,304 SqFt
Beds 1
Baths 1.5
Year Built 1948
Property Type Single Family
Ownership Type Related
APN 581852
Neighborhood Highland
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
556 Statesman St NESalem, OR 97301
Estimated Value $237,000
Living Area 628 SqFt
Beds 2
Baths 1
Year Built 1950
Property Type Single Family
Ownership Type Individual
APN 577371
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J