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
Lamberson St222$302,500973 Sq.Ft.7/17/2015Lambert Ct1332$580,0002,273 Sq.Ft.7/27/2023Lambert Ln443$734,0003,580 Sq.Ft.1/11/2019Lambert St2232$393,6321,684 Sq.Ft.1/21/2025Lamplighter Cir1621$705,8673,188 Sq.Ft.8/20/2021Lana Ave2523$300,2317,090 Sq.Ft.5/28/2025Lanai St1332$350,0001,222 Sq.Ft.10/20/2020Lancaster Dr84032$198,2306,030 Sq.Ft.6/10/2025Lance Ct932$437,7781,644 Sq.Ft.12/3/2021Landaggard Dr2133$697,4293,170 Sq.Ft.12/7/2022Landau St1422$657,6922,723 Sq.Ft.11/22/2019Landon St5732$477,6251,688 Sq.Ft.12/17/2024Lands End Ln632$787,2504,507 Sq.Ft.2/16/2006Lane Pl421$926,2503,482 Sq.Ft.12/3/2020Langley St532$945,50013,787 Sq.Ft.12/6/2019Lansdowne Ct732$419,7141,426 Sq.Ft.11/4/2022Lansford Dr1531$484,5711,969 Sq.Ft.1/31/2022Lansing Ave9632$394,2302,013 Sq.Ft.12/9/2024Lantana Ave632$443,1671,373 Sq.Ft.3/7/2022Lantz St832$362,7501,077 Sq.Ft.5/19/2023La Palms Ln1N/AN/AN/A40,371 Sq.Ft.10/11/2002Larch Loop2322$98,1741,354 Sq.Ft.N/ALarch St632$154,3331,295 Sq.Ft.N/ALardon Rd8432$707,1415,001 Sq.Ft.5/12/2025Lariat Ct1932$378,1581,315 Sq.Ft.1/1/2022Lark Ct2032$371,5791,301 Sq.Ft.5/23/2025Lark Dr132$390,0001,411 Sq.Ft.N/ALarkspur Ln2331$378,5651,253 Sq.Ft.2/21/2023Larmer Ave1N/AN/AN/A220,934 Sq.Ft.N/ALarson Ave642$434,3331,500 Sq.Ft.12/5/2024Larussa Ct1332$367,4621,210 Sq.Ft.9/28/2023La Tosca Ct732$476,7141,941 Sq.Ft.6/9/2021Launch St343$491,6671,938 Sq.Ft.N/ALaura Ln542$451,2001,824 Sq.Ft.7/5/2022Laurel Ave6721$369,5371,515 Sq.Ft.11/1/2024Laurelwood Ct1433$774,6433,014 Sq.Ft.9/11/2024Laurens Ct1032$405,8001,227 Sq.Ft.12/27/2024Laurine Ct921$456,3331,967 Sq.Ft.8/30/2021Laurine St1121$446,2731,850 Sq.Ft.8/29/2024Lava Ct332$427,3331,276 Sq.Ft.6/28/2021La Vista Way332$348,3331,382 Sq.Ft.12/10/2019Lavona Dr1232$433,8331,891 Sq.Ft.10/23/2024Lavonne Ave242$606,0002,311 Sq.Ft.9/22/2020Lawrence St2431$442,4581,853 Sq.Ft.3/24/2023Lawson St142$561,0003,144 Sq.Ft.11/2/2006Leafwood Ave1332$383,8461,429 Sq.Ft.12/6/2018Leah St332$374,6671,587 Sq.Ft.6/14/2021Lee Ann Ct732$470,7141,779 Sq.Ft.1/18/2023Lee St11532$407,3132,226 Sq.Ft.4/21/2025Leffelle St4122$691,6052,509 Sq.Ft.7/1/2024Lefor Dr1242$513,1672,023 Sq.Ft.3/20/2021Legacy Heights Dr1132$533,0002,119 Sq.Ft.10/27/2023Legacy St1632$498,5001,829 Sq.Ft.5/26/2023Lemongrass Loop3432$574,7942,157 Sq.Ft.10/25/2023Lemon St3622$161,1711,259 Sq.Ft.N/ALeona Ln1132$476,9091,945 Sq.Ft.10/6/2022Leonardo Ct532$431,8001,415 Sq.Ft.10/1/2024Leslie St2921$593,2502,919 Sq.Ft.10/14/2022Leslie Wind Ln1922$601,1051,869 Sq.Ft.3/4/2025Letteken Way132$432,0001,527 Sq.Ft.8/17/2017Lewis St2521$338,0001,982 Sq.Ft.11/21/2024Lexington Cir3622$359,2221,535 Sq.Ft.4/25/2025Liberal Ave232$426,5002,090 Sq.Ft.N/ALiberty Cir1042$480,1251,871 Sq.Ft.8/27/2021Liberty Rd26732$677,7877,512 Sq.Ft.6/13/2025Liberty St25932$440,8648,209 Sq.Ft.5/27/2025Lidbeck Ct1332$512,8461,825 Sq.Ft.2/26/2025Lidco Ln243$423,5001,499 Sq.Ft.N/ALilac Ln1632$345,0711,801 Sq.Ft.6/28/2024Lillian Ct632$509,3331,479 Sq.Ft.3/19/2025Lillian St2732$582,9631,923 Sq.Ft.12/6/2024Lilligard Ln432$479,5001,874 Sq.Ft.5/14/2021Lilly Ave731$370,5711,089 Sq.Ft.5/15/2024Lilly Ct442$367,5001,318 Sq.Ft.6/7/2013Limelight Ave5132$443,5491,667 Sq.Ft.6/11/2025Limelight Ct933$411,0001,555 Sq.Ft.6/2/2022Limestone Ave1822$795,3332,869 Sq.Ft.4/29/2024Lincoln Rd1542$650,8572,214 Sq.Ft.10/21/2019Lincoln St3022$633,3852,803 Sq.Ft.8/16/2024Linda Ct1132$506,2732,244 Sq.Ft.3/10/2025Linday St632$489,5001,624 Sq.Ft.12/14/2021Lindburg Rd1111$548,8182,285 Sq.Ft.1/6/2023Linden Ln532$639,2002,960 Sq.Ft.11/17/2021Lind Ln133$964,0005,578 Sq.Ft.5/28/2014Linfield Ct1431$348,3571,153 Sq.Ft.12/19/2024Link Ct1922$436,5291,680 Sq.Ft.11/14/2023Linnea Ln322$724,3333,274 Sq.Ft.10/9/2024Linnet St221$537,000890 Sq.Ft.1/20/2016Linn Haven Dr531$681,6002,256 Sq.Ft.6/26/2017Linus Ct432$385,2501,354 Sq.Ft.2/10/2022Linwood St1132$426,00024,314 Sq.Ft.8/21/2024Lipscomb St3932$779,4744,165 Sq.Ft.7/18/2023Lisa St5132$513,0201,973 Sq.Ft.2/20/2024Litchfield Pl254$1,727,5004,601 Sq.Ft.10/7/2008Little Haven Ln421$1,086,2503,048 Sq.Ft.11/3/2016Little John Loop1832$551,3892,252 Sq.Ft.1/31/2025Little Ln232$239,5001,080 Sq.Ft.N/ALittle Springs Ln212$941,5003,742 Sq.Ft.6/23/2004Livingston St6032$371,6101,947 Sq.Ft.12/30/2024Lloyd Ct642$845,3333,136 Sq.Ft.N/A905 Edina Ln NESalem, OR 97301
Estimated Value $348,000
Living Area 1,170 SqFt
Beds 1
Baths 1
Year Built 1940
Property Type Single Family
Ownership Type Individual
APN 527167
Neighborhood Northeast Salem
School District Salem-Keizer School District 24J
2665 Ellis Ave NESalem, OR 97301
Estimated Value $323,000
Living Area 1,056 SqFt
Beds 2
Baths 1
Year Built 1951
Property Type Single Family
Ownership Type Individual
APN 571823
Neighborhood Northeast Salem
School District Salem-Keizer School District 24J
3025 Madison St NESalem, OR 97301
Estimated Value $464,000
Living Area 2,580 SqFt
Beds 6
Baths 1
Year Built 1961
Property Type Single Family
Ownership Type Individual
APN 588450
Neighborhood Lansing
School District Salem-Keizer School District 24J
1517 Court St NESalem, OR 97301
Estimated Value $707,000
Living Area 3,098 SqFt
Beds 4
Baths 1
Year Built 1892
Property Type Single Family
Ownership Type Related
APN 595778
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
265 23rd St NESalem, OR 97301
Estimated Value $359,000
Living Area 1,138 SqFt
Beds 2
Baths 2
Year Built 1934
Property Type Single Family
Ownership Type Related
APN 596258
Neighborhood Northeast Neighbors
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
1025 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
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
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
860 20th St SESalem, OR 97301
Estimated Value $270,000
Living Area 1,180 SqFt
Beds 1
Baths 1
Year Built 1935
Property Type Single Family
Ownership Type Related
APN 583202
Neighborhood Southeast Salem
School District Salem-Keizer School District 24J
1450 21st St NESalem, OR 97301
Estimated Value $448,000
Living Area 3,000 SqFt
Beds 3
Baths 1.5
Year Built 1953
Property Type Single Family
Ownership Type Individual
APN 585243
Neighborhood Northeast Neighbors
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
1555 19th St NESalem, OR 97301
Estimated Value $396,000
Living Area 1,432 SqFt
Beds 3
Baths 1
Year Built 1929
Property Type Single Family
Ownership Type Individual
APN 579968
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
160 14th St NESalem, OR 97301
Estimated Value $382,000
Living Area 1,653 SqFt
Beds 2
Baths 1
Year Built 1925
Property Type Single Family
Ownership Type Individual
APN 571969
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
1734 Nebraska Ave NESalem, OR 97301
Estimated Value $260,000
Living Area 576 SqFt
Beds 2
Baths 1
Year Built 1936
Property Type Single Family
Ownership Type Trust
APN 572295
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J