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
Maple Hill Dr943$1,160,7505,289 Sq.Ft.8/24/2020Mapleleaf Ct1443$822,2863,273 Sq.Ft.4/29/2025Maple Tree Ln543$580,0002,714 Sq.Ft.2/12/2024Maplewood Ct2132$409,5711,278 Sq.Ft.9/14/2022Maplewood Dr5422$385,0581,909 Sq.Ft.6/11/2025Marble Ct643$534,6672,159 Sq.Ft.12/26/2024Marcey Ct1131$363,7271,089 Sq.Ft.5/23/2024March Ave432$403,0001,490 Sq.Ft.11/13/2017Marcia Dr1632$360,3131,489 Sq.Ft.11/3/2023Marcus Ct422$421,7501,597 Sq.Ft.6/2/2020Margarett St2132$493,5711,974 Sq.Ft.9/5/2023Marguerite St1832$433,4441,742 Sq.Ft.12/19/2023Maria Ave1632$392,2501,538 Sq.Ft.1/9/2025Marie Ln432$607,2502,259 Sq.Ft.11/23/2021Mariel Pl1063$699,9002,632 Sq.Ft.7/31/2023Marietta St5432$478,2713,919 Sq.Ft.1/2/2023Marilyn St2063$606,2633,296 Sq.Ft.12/4/2023Marine Dr322N/A101,051 Sq.Ft.7/2/2024Mariner Way232$381,5001,547 Sq.Ft.8/7/2023Marine Way1N/AN/AN/A10 Sq.Ft.N/AMarionberry Way222$381,0001,883 Sq.Ft.5/29/2019Marion St3432$518,1189,308 Sq.Ft.2/16/2024Marissa St343$642,0002,503 Sq.Ft.3/1/2023Mark Ct621$793,8333,351 Sq.Ft.10/1/2021Market St23331$373,4266,607 Sq.Ft.6/4/2025Markham St732$596,6673,232 Sq.Ft.4/10/2020Marley Ln212$823,5002,103 Sq.Ft.6/13/2017Marlin Ct622$486,5001,917 Sq.Ft.2/12/2025Marmot Ct1632$453,1251,902 Sq.Ft.6/20/2023Marquette Ln622$870,8333,206 Sq.Ft.8/13/2020Marshall Dr5131$420,6601,765 Sq.Ft.8/21/2024Marstone Ct2132$450,6001,580 Sq.Ft.1/9/2025Martin Ct1232$436,5001,405 Sq.Ft.4/25/2024Martinsson Ln222$1,242,0003,571 Sq.Ft.10/29/2019Marvin Ct943$632,1112,932 Sq.Ft.11/6/2024Mary Ave212$503,0002,323 Sq.Ft.5/15/2018Massey Ln322$857,6673,056 Sq.Ft.12/13/2012Matthew Ct632$400,5001,381 Sq.Ft.5/29/2018Matthews Loop2932$502,8971,797 Sq.Ft.6/12/2024Matthews St1N/AN/AN/AN/AN/AMaui Ct1132$376,4551,347 Sq.Ft.3/3/2025Maverick Ln233$791,5003,611 Sq.Ft.8/21/2008Mayflower Ct832$646,8752,499 Sq.Ft.10/19/2023Mayfly Ave743$699,8572,583 Sq.Ft.6/23/2023May St1N/AN/A$321,000720 Sq.Ft.8/30/2021Maywood Dr731$368,2861,528 Sq.Ft.3/24/2023Mcahren Ln422$1,079,0004,031 Sq.Ft.8/3/2021Mccammon Ln1N/A1$831,0004,724 Sq.Ft.N/AMccoy Ave3821$362,7141,190 Sq.Ft.8/22/2023Mcdonald St732$394,33313,643 Sq.Ft.8/10/2017Mcgee Ct6N/AN/AN/A81,630 Sq.Ft.4/30/2024Mcgilchrist St8221$443,4427,199 Sq.Ft.12/26/2024Mckay Dr3031$403,3331,392 Sq.Ft.9/5/2024Mckenzie Ct1132$462,4551,790 Sq.Ft.4/16/2024Mckinley Ln931$604,0001,526 Sq.Ft.10/18/2022Mckinley St2232$521,5912,164 Sq.Ft.4/1/2025Mcmaster Ct932$390,0001,428 Sq.Ft.3/22/2021Mcnary Ave2532$343,0001,293 Sq.Ft.5/6/2025Meadowlawn Dr5132$440,4792,071 Sq.Ft.11/25/2024Meadowlawn Loop26N/AN/A$1,170,5716,855 Sq.Ft.N/AMeadow Park Loop6232$410,4191,570 Sq.Ft.5/28/2025Meadows Dr6033$690,0832,686 Sq.Ft.5/14/2025Medical Center Dr5N/AN/AN/A6,300 Sq.Ft.1/24/2014Medina Ln1322$778,0004,228 Sq.Ft.5/8/2019Mehama Loop1932$473,9471,804 Sq.Ft.9/9/2024Mehama St432$449,7501,712 Sq.Ft.9/30/2005Melandy Ln422$927,5003,096 Sq.Ft.12/19/2024Melas Way632$475,0001,617 Sq.Ft.4/27/2024Melba Ln322$1,239,6673,658 Sq.Ft.6/24/2020Melinda Ct1132$416,1821,322 Sq.Ft.5/20/2025Melissa St1832$467,2781,728 Sq.Ft.1/31/2024Melody Ln111$430,0001,742 Sq.Ft.10/20/2020Melow Rd264$504,0003,287 Sq.Ft.6/25/2007Memory Ln122$720,0001,148 Sq.Ft.8/31/2018Mendocino Dr731$397,4291,311 Sq.Ft.6/11/2021Merced Ct1532$567,2672,158 Sq.Ft.5/19/2025Mercury St1731$533,7652,292 Sq.Ft.1/17/2023Merdel Ave821$575,8752,518 Sq.Ft.1/17/2025Meriweather Ct1732$483,4121,653 Sq.Ft.3/21/2025Meriweather St432$480,0001,710 Sq.Ft.9/1/2023Merlin Ct733$520,2862,114 Sq.Ft.11/30/2021Merrill Ln643$963,0005,108 Sq.Ft.12/2/2021Merrimac Ct1032$373,9001,232 Sq.Ft.11/26/2019Merritt St422$747,2503,229 Sq.Ft.1/21/2021Mesa St632$451,8332,018 Sq.Ft.11/4/2021Meteor Ave2332$521,4781,994 Sq.Ft.3/31/2023Metolius Ave1432$432,9291,312 Sq.Ft.8/20/2024Metolius Ct432$588,2502,363 Sq.Ft.12/29/2022Meyers St13N/A$237,0001,696 Sq.Ft.6/22/2022Mia Ct1332$509,3851,701 Sq.Ft.9/20/2024Micah Ct832$439,6251,536 Sq.Ft.3/18/2024Mica View Ct1N/AN/AN/A32,602 Sq.Ft.4/30/2013Michael Ct1432$412,7861,460 Sq.Ft.10/7/2024Michael Dr1332$443,3081,786 Sq.Ft.12/14/2020Michelle Way332$700,0003,630 Sq.Ft.2/10/2025Michel St632$282,3331,426 Sq.Ft.12/21/2021Michigan City Ln9132$410,2751,966 Sq.Ft.1/10/2025Middlecrest Ct1132$425,3641,300 Sq.Ft.10/5/2018Middle Grove Dr4132$401,8291,802 Sq.Ft.2/25/2025Midland Ct2032$469,3501,938 Sq.Ft.12/2/2024748 15th St NESalem, OR 97301
Estimated Value $370,000
Living Area 1,062 SqFt
Beds 2
Baths 1
Year Built 1926
Property Type Single Family
Ownership Type Related
APN 572130
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
595 20th St NESalem, OR 97301
Estimated Value $370,000
Living Area 1,539 SqFt
Beds 1
Baths 1
Year Built 1910
Property Type Single Family
Ownership Type Related
APN 574390
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
637 20th St NESalem, OR 97301
Estimated Value $356,000
Living Area 1,874 SqFt
Beds 3
Baths 1
Year Built 1915
Property Type Single Family
Ownership Type Related
APN 527511
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
2750 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
785 18th St NESalem, OR 97301
Estimated Value $320,000
Living Area 1,227 SqFt
Beds 3
Baths 1
Year Built 1935
Property Type Single Family
Ownership Type Individual
APN 572260
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
486 18th St NESalem, OR 97301
Estimated Value $532,000
Living Area 3,216 SqFt
Beds 2
Baths 2
Year Built 1965
Property Type Single Family
Ownership Type Corporate
APN 595570
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
2350 Broadway St NESalem, OR 97301
Estimated Value $295,000
Living Area 796 SqFt
Beds 2
Baths 1
Year Built 1944
Property Type Single Family
Ownership Type Related
APN 571923
Neighborhood Highland
School District Salem-Keizer School District 24J
905 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
295 Church St SE #307Salem, OR 97301
Estimated Value $343,000
Living Area 919 SqFt
Beds 1
Baths 1
Year Built 2008
Property Type Condominium
Ownership Type Individual
APN 345504
Neighborhood Central Area
School District Salem-Keizer School District 24J
860 Shipping St NESalem, OR 97301
Estimated Value $292,000
Living Area 1,272 SqFt
Beds 1
Baths 2
Year Built 1923
Property Type Single Family
Ownership Type Corporate
APN 584707
Neighborhood Grant
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
1470 23rd St NESalem, OR 97301
Estimated Value $387,000
Living Area 1,775 SqFt
Beds 3
Baths 2
Year Built 1950
Property Type Single Family
Ownership Type Individual
APN 571869
Neighborhood Northeast Salem
School District Salem-Keizer School District 24J
720 17th St NESalem, OR 97301
Estimated Value $368,000
Living Area 1,504 SqFt
Beds 2
Baths 1
Year Built 1948
Property Type Single Family
Ownership Type Individual
APN 572250
Neighborhood Northeast Neighbors
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
1525 B St NESalem, OR 97301
Estimated Value $395,000
Living Area 1,566 SqFt
Beds 2
Baths 1
Year Built 1926
Property Type Single Family
Ownership Type Individual
APN 572133
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
2230 Breyman St NESalem, OR 97301
Estimated Value $282,000
Living Area 915 SqFt
Beds 2
Baths 1
Year Built 1939
Property Type Single Family
Ownership Type Individual
APN 323322
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J