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
Midway Ave3532$368,6571,558 Sq.Ft.4/12/2024Mikkelobe Dr643$503,5002,030 Sq.Ft.9/10/2021Mikkelobe Pvtw632$404,6671,395 Sq.Ft.5/28/2021Milano Ave1222$840,1823,276 Sq.Ft.11/27/2024Mildred Ct332$717,6672,935 Sq.Ft.2/28/2006Mildred Ln2432$634,7733,584 Sq.Ft.4/24/2025Militia Way3N/AN/AN/A35,553 Sq.Ft.N/AMilkey Way432$334,0001,053 Sq.Ft.9/6/2019Mill Creek Dr2N/AN/AN/AN/AN/AMiller St2121$563,7652,668 Sq.Ft.5/23/2025Mill Ridge Pl274$1,134,50029,422 Sq.Ft.N/AMill St4621$369,0008,451 Sq.Ft.9/24/2024Milo Ave1342$465,8461,903 Sq.Ft.2/1/2024Milton St1532$401,2861,561 Sq.Ft.4/26/2024Mimosa St2021$486,8002,092 Sq.Ft.8/29/2022Miners Way1132$567,3642,295 Sq.Ft.11/9/2023Mink Ct732$522,7142,311 Sq.Ft.12/3/2020Mink Hollow St632$524,8331,873 Sq.Ft.7/2/2024Minno Ln232$444,0001,655 Sq.Ft.12/17/2015Miranda Ave1232$530,7501,763 Sq.Ft.6/2/2023Mirasol Ave1132$773,6363,055 Sq.Ft.3/20/2024Mission Hills St2332$573,0432,142 Sq.Ft.6/14/2024Mission St5231$527,1119,868 Sq.Ft.6/9/2025Missouri Ave2231$555,5793,220 Sq.Ft.1/9/2025Misty Creek Ln512$483,8001,940 Sq.Ft.2/11/2025Misty Glen Ave1742$397,1182,199 Sq.Ft.1/24/2025Misty Hill Ln232$898,0003,577 Sq.Ft.N/AMisty Meadows St1753$523,9412,235 Sq.Ft.4/28/2025Mistymorning Ave2622$586,5202,256 Sq.Ft.4/28/2025Misty Pine Ln332$1,154,0004,389 Sq.Ft.2/25/2011Misty Pl1632$522,0632,039 Sq.Ft.9/28/2020Mitchell St1321$319,769913 Sq.Ft.12/11/2018Mitzur St932$402,1111,334 Sq.Ft.9/15/2022Mize Rd3831$384,5141,304 Sq.Ft.11/22/2024Mjb Pl223$804,5003,619 Sq.Ft.1/9/2023Mockingbird Dr1232$407,5831,339 Sq.Ft.3/18/2024Mock Orange Ct1832$579,1112,422 Sq.Ft.11/21/2024Modesto Ct731$374,0001,116 Sq.Ft.10/5/2021Module St442$509,0002,057 Sq.Ft.5/19/2023Mogul St432$446,0001,628 Sq.Ft.4/23/2024Mohawk Ct1332$395,4621,260 Sq.Ft.9/20/2024Molokai St1232$357,3641,134 Sq.Ft.6/26/2024Monarch Ct1331$350,7691,204 Sq.Ft.7/7/2022Monarch Dr1022$365,3001,507 Sq.Ft.6/24/2022Monarchy Dr1732$374,8241,233 Sq.Ft.6/13/2023Monroe Ave8432$384,4631,579 Sq.Ft.5/17/2025Monroe Ct1732$385,6471,389 Sq.Ft.9/6/2023Montaigne Ln432$1,132,0004,312 Sq.Ft.10/11/2016Montana Ln242$365,5001,454 Sq.Ft.4/17/2020Montera Ct632$462,0001,561 Sq.Ft.9/8/2020Monterey Ct1542$557,2672,259 Sq.Ft.7/3/2023Monterey Dr3232$515,5311,915 Sq.Ft.3/4/2024Montevallo St2122$552,6672,150 Sq.Ft.12/12/2024Montrose Ave1032$455,9001,767 Sq.Ft.5/9/2025Moon Ave942$475,0002,237 Sq.Ft.4/22/2024Moonbeam Ct1443$649,7862,710 Sq.Ft.4/30/2025Moondancer Ln332$394,6671,358 Sq.Ft.5/1/2008Moonflower St2132$448,7621,700 Sq.Ft.3/4/2025Moonlight Ave832$402,3751,403 Sq.Ft.10/12/2021Moonpenny Ct632$369,6671,447 Sq.Ft.6/26/2019Moonstone Loop4832$456,5741,728 Sq.Ft.12/27/2024Moonwood Ct532$443,4001,537 Sq.Ft.4/18/2022Mooreland Ave3432$406,9121,544 Sq.Ft.11/26/2024Mooreland Ct1432$432,0001,611 Sq.Ft.6/7/2023Moore Rd532$692,4002,523 Sq.Ft.10/30/2018Moores Way142$425,0001,912 Sq.Ft.6/30/2017Mooseberry Ct1332$715,9232,963 Sq.Ft.9/27/2023Mooseberry St932$452,2221,523 Sq.Ft.10/11/2023Mopar Ln263$727,0004,009 Sq.Ft.5/12/2020Morgan Ave1221$324,5001,227 Sq.Ft.5/28/2024Morley Ln222$791,0003,547 Sq.Ft.12/14/2022Morning Dove Ct1432$401,7861,403 Sq.Ft.11/9/2023Morningside Ct1032$410,3001,312 Sq.Ft.11/6/2020Morningside Dr1322$453,6921,855 Sq.Ft.9/5/2023Morningside St2832$433,7861,618 Sq.Ft.1/22/2025Morningstar Pl943$597,4442,769 Sq.Ft.1/28/2021Morrow Ct4432$521,5911,997 Sq.Ft.2/5/2025Mosier St931$738,3333,109 Sq.Ft.6/10/2022Mosswood Ct1932$456,8331,673 Sq.Ft.6/12/2020Motor Ct1N/AN/AN/A21,369 Sq.Ft.2/10/2006Mountain Crest Way2322$603,6522,671 Sq.Ft.12/21/2023Mountain Quail Dr1232$479,4171,692 Sq.Ft.3/22/2023Mountain View Dr3721$488,2971,926 Sq.Ft.4/2/2025Mountain Vista Ave7432$598,7842,179 Sq.Ft.6/4/2025Mount Kuebler Dr1432$1,207,7693,972 Sq.Ft.4/20/2023Mount Laurel Way333$606,0002,146 Sq.Ft.11/16/2020Mousebird Ave12332$504,2831,954 Sq.Ft.4/23/2025Moyer Ln821$344,7503,210 Sq.Ft.3/24/2025Mt Bailey Dr1N/AN/AN/AN/AN/AMt Hood Ln443$600,2502,603 Sq.Ft.5/22/2007Mt Jeff Ln343$597,0002,317 Sq.Ft.6/10/2022Mt Laural Way1N/AN/A$197,000N/AN/AMt Rushmore St1422$591,1432,144 Sq.Ft.6/2/2022Mt Vernon St2032$599,8002,201 Sq.Ft.5/31/2024Mud Puppy Ln311$627,3332,171 Sq.Ft.1/12/2022Muirfield Ave3222$718,2502,953 Sq.Ft.8/1/2024Muirfield Ct1232$636,9172,370 Sq.Ft.8/27/2020Mulberry Dr1321$697,2312,915 Sq.Ft.10/12/2022Mule Deer Ct1132$488,3641,776 Sq.Ft.3/25/2022Mule Deer Pl2042$490,6001,879 Sq.Ft.3/17/20251098 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
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
2730 Alberta Ave NESalem, OR 97301
Estimated Value $276,000
Living Area 1,809 SqFt
Beds 4
Baths 2
Year Built 1993
Property Type Manufactured Homes
Ownership Type Mixed
APN 527035
Neighborhood Northeast Salem
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
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
440 22nd St NESalem, OR 97301
Estimated Value $315,000
Living Area 936 SqFt
Beds 2
Baths 2
Year Built 1948
Property Type Single Family
Ownership Type Related
APN 592452
Neighborhood Northeast Neighbors
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
1567 Park Ave NESalem, OR 97301
Estimated Value $373,000
Living Area 1,744 SqFt
Beds 4
Baths 2
Year Built 1949
Property Type Single Family
Ownership Type Corporate
APN 527036
Neighborhood Northeast Salem
School District Salem-Keizer School District 24J
1695 4th St NESalem, OR 97301
Estimated Value $266,000
Living Area 1,076 SqFt
Beds 1
Baths 1
Year Built 1925
Property Type Single Family
Ownership Type Related
APN 584472
Neighborhood Grant
School District Salem-Keizer School District 24J
2790 Brooks Ave NESalem, OR 97301
Estimated Value $215,000
Living Area 967 SqFt
Beds 2
Baths 1
Year Built 1925
Property Type Single Family
Ownership Type Individual
APN 582081
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
555 Spruce St NESalem, OR 97301
Estimated Value $284,000
Living Area 1,056 SqFt
Beds 3
Baths 1
Year Built 1971
Property Type Single Family
Ownership Type Corporate
APN 571949
Neighborhood Highland
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
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
1165 Garnet St NESalem, OR 97301
Estimated Value $290,000
Living Area 740 SqFt
Beds 1
Baths 1
Year Built 1964
Property Type Single Family
Ownership Type Corporate
APN 574403
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
995 Garnet St NESalem, OR 97301
Estimated Value $458,000
Living Area 1,836 SqFt
Beds 3
Baths 3
Year Built 1949
Property Type Single Family
Ownership Type Individual
APN 587258
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J