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
Alderbrook Ave4432$521,2732,241 Sq.Ft.10/23/2024Aldercrest Ct632$544,1672,312 Sq.Ft.5/21/2024Alder Dr1N/AN/AN/AN/AN/AAldous Ave2432$525,8332,151 Sq.Ft.3/4/2025Aldrich Ct743$498,7142,021 Sq.Ft.6/26/2024Alesia Ct722$508,1432,096 Sq.Ft.8/8/2003Alexa Ln532$996,4002,657 Sq.Ft.11/16/2023Alexander Ln1332$721,4172,837 Sq.Ft.4/22/2021Alexander St1542$409,4001,699 Sq.Ft.4/27/2025Alexandra Way533$859,0003,296 Sq.Ft.11/8/2021Alex Ave1542$650,1332,611 Sq.Ft.5/1/2025Alex Ct1642$627,1252,821 Sq.Ft.12/14/2023Alice Ave1421$470,8182,242 Sq.Ft.2/21/2025Alina Ave842$531,1252,076 Sq.Ft.5/15/2023Allen Ct1N/AN/AN/A3,442 Sq.Ft.2/28/2012Allison Ct632$495,6671,879 Sq.Ft.7/22/2022Almond Ln1722$358,7061,233 Sq.Ft.4/2/2025Aloha Ct532$502,2001,804 Sq.Ft.4/14/2025Alpha St3432$398,3331,249 Sq.Ft.4/4/2019Alpine Ave1532$435,6671,781 Sq.Ft.6/20/2023Alpine Lakes St2142$456,3812,059 Sq.Ft.2/20/2025Alta Ln722$679,2862,460 Sq.Ft.2/19/2025Alta View Dr621$762,8333,062 Sq.Ft.1/11/2024Altimont Dr432$400,0001,426 Sq.Ft.12/1/2021Alvarado Ter3322$658,0303,022 Sq.Ft.12/3/2024Alvina St2732$467,7041,735 Sq.Ft.8/19/2024Amanda Way633$1,008,1673,186 Sq.Ft.4/13/2017Amber St2522$112,6504,499 Sq.Ft.10/30/2014America Way243$588,5003,147 Sq.Ft.6/26/2024Amethyst St1032$384,3001,102 Sq.Ft.4/24/2023Amherst Ct1731$357,1181,360 Sq.Ft.2/20/2025Ammon St4232$503,3101,868 Sq.Ft.7/24/2024Anaconda Dr1922$578,5262,413 Sq.Ft.10/1/2024Anastasia St1842$604,8332,263 Sq.Ft.10/29/2024Anchor Ct753$593,2862,441 Sq.Ft.3/20/2019Andrea Ct732$461,7141,810 Sq.Ft.1/19/2005Andrea Dr1633$1,337,7005,820 Sq.Ft.8/18/2022Andresen St2432$458,7081,674 Sq.Ft.2/4/2025Andrew Ave1543$633,8672,854 Sq.Ft.3/18/2024Andyman Ct532$443,2001,332 Sq.Ft.1/20/2021Angels Way522$697,8002,791 Sq.Ft.4/29/2022Angie Marie Way3332$136,9061,401 Sq.Ft.N/AAngle Dr2332$634,0432,927 Sq.Ft.5/9/2024Anita Dr2631$363,9231,328 Sq.Ft.7/11/2024Ankeny Crest Ln233$1,347,0005,540 Sq.Ft.5/18/2022Ankeny Heights Ln711$1,003,7143,113 Sq.Ft.8/10/2023Ankeny Hill Rd1N/A3$679,0001,896 Sq.Ft.N/AAnkrum Ln243$430,5001,600 Sq.Ft.10/6/2021Anna Ln1532$423,5331,240 Sq.Ft.3/7/2023Anne Ct632$415,1671,466 Sq.Ft.8/9/2017Anneka Loop1631$392,0631,198 Sq.Ft.8/1/2024Annette Ct1322$382,4621,790 Sq.Ft.2/9/2016Annie Ln333$853,0003,387 Sq.Ft.12/2/2022Antelope Ct2231$368,6821,189 Sq.Ft.7/26/2024Antigua Ln422$908,0002,896 Sq.Ft.8/4/2016Antler St722$85,857929 Sq.Ft.N/AAntonia Ave1642$437,3751,824 Sq.Ft.5/10/2024Anunsen Ct5N/AN/AN/A13,625 Sq.Ft.5/4/2016Apache Ct832$395,5001,410 Sq.Ft.6/12/2023Apollo Ave4242$458,9761,686 Sq.Ft.5/6/2025Appaloosa Ct1232$374,0001,287 Sq.Ft.5/27/2025Appeal Ct632$462,3331,644 Sq.Ft.9/20/2021Apple Tree Ln242$946,0004,951 Sq.Ft.10/7/2022April Ct1121$307,364886 Sq.Ft.12/27/2021April St832$387,2501,358 Sq.Ft.7/14/2022Aqua St632$384,8331,201 Sq.Ft.7/22/2021Arabian Ave5032$404,5401,584 Sq.Ft.2/21/2025Arabian Ct1132$402,0001,340 Sq.Ft.3/12/2025Arbon St2132$375,2861,267 Sq.Ft.3/4/2025Arbordale Dr932$773,7783,246 Sq.Ft.10/27/2022Archer Ct1132$472,4551,781 Sq.Ft.12/29/2020Archie Ln243$337,5002,233 Sq.Ft.2/5/2024Argyle Dr5221$454,2351,900 Sq.Ft.5/28/2025Arithmetic Dr1032$551,8002,113 Sq.Ft.1/26/2022Arizona Ave832$356,4297,979 Sq.Ft.4/11/2023Arlene Ave1032$423,3331,539 Sq.Ft.5/26/2022Armstrong Ave5632$472,1431,809 Sq.Ft.11/17/2023Arrowood Ct2932$384,4831,300 Sq.Ft.4/25/2025Arrow St353$557,0002,705 Sq.Ft.5/23/2018Arroyo Ridge Ct433$617,2502,504 Sq.Ft.12/5/2018Arroyo Ridge Dr2142$528,2862,034 Sq.Ft.12/9/2024Arthur Way1563$611,6432,432 Sq.Ft.3/7/2023Ash Ave2431$421,2501,553 Sq.Ft.2/11/2025Ashdown Ct1022$992,7003,374 Sq.Ft.6/28/2023Ash Grove Dr643$467,0001,954 Sq.Ft.1/2/2024Ashland Ct1643$747,3133,031 Sq.Ft.11/19/2024Ashlee Pl232$398,5001,357 Sq.Ft.4/16/2024Ashwood Ct1021$476,1001,841 Sq.Ft.6/12/2023Aspen Ln343$1,907,0005,682 Sq.Ft.1/28/2020Aspen Way1532$776,5713,308 Sq.Ft.4/23/2021A St721$337,2004,909 Sq.Ft.7/22/2020Aster St1543$1,023,6153,823 Sq.Ft.4/14/2025Astoria St2N/AN/AN/A6,570 Sq.Ft.N/AAstoria Way2N/AN/AN/A19,049 Sq.Ft.9/30/2013Astronaut Ave3931$514,4102,260 Sq.Ft.6/10/2024Athens St1332$440,1541,519 Sq.Ft.5/27/2025Atwater Ln242$408,0001,477 Sq.Ft.4/26/2017Aubrey Ln233$821,0004,176 Sq.Ft.4/13/2016Auburn Rd32132$254,0961,846 Sq.Ft.4/24/2025Audubon Ave6222$464,9491,848 Sq.Ft.11/15/2024665 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
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
2387 Laurel Ave NESalem, OR 97301
Estimated Value $329,000
Living Area 1,546 SqFt
Beds 1
Baths 3
Year Built 1949
Property Type Single Family
Ownership Type Related
APN 577148
Neighborhood Highland
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
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
2087 Warner St NESalem, OR 97301
Estimated Value $321,000
Living Area 1,560 SqFt
Beds 2
Baths 2
Year Built 1948
Property Type Single Family
Ownership Type Related
APN 586649
Neighborhood Highland
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
1510 15th St NESalem, OR 97301
Estimated Value $355,000
Living Area 1,462 SqFt
Beds 2
Baths 1.5
Year Built 1951
Property Type Single Family
Ownership Type Multiple
APN 567703
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
990 20th St NESalem, OR 97301
Estimated Value $409,000
Living Area 1,513 SqFt
Beds 2
Baths 1.5
Year Built 1925
Property Type Single Family
Ownership Type Individual
APN 572398
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
1384 Tripp St SESalem, OR 97302
Estimated Value $374,000
Living Area 1,736 SqFt
Beds 2
Baths 2
Year Built 1910
Property Type Single Family
Ownership Type Multiple
APN 571055
Neighborhood Southeast Salem
School District Salem-Keizer School District 24J
1490 24th St NESalem, OR 97301
Estimated Value $459,000
Living Area 2,052 SqFt
Beds 3
Baths 1.5
Year Built 1950
Property Type Single Family
Ownership Type Individual
APN 571881
Neighborhood Northeast Salem
School District Salem-Keizer School District 24J
1525 Norway St NESalem, OR 97301
Estimated Value $362,000
Living Area 1,745 SqFt
Beds 3
Baths 1
Year Built 1941
Property Type Single Family
Ownership Type Related
APN 588362
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
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
774 18th St SESalem, OR 97301
Estimated Value $263,000
Living Area 1,046 SqFt
Beds 3
Baths 1
Year Built 1920
Property Type Single Family
Ownership Type Related
APN 583187
Neighborhood Southeast Salem
School District Salem-Keizer School District 24J