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
Terrace Dr2932$454,7931,790 Sq.Ft.3/20/2025Terra Cotta Dr1522$599,6672,086 Sq.Ft.2/27/2025Terraza Ct2432$406,5421,522 Sq.Ft.7/22/2024Terry Ct1232$790,2502,965 Sq.Ft.2/28/2022Terrylee Ct1732$435,8821,629 Sq.Ft.1/20/2021Tess Ave2021$351,7893,131 Sq.Ft.1/19/2024Teton Ct922$394,1111,692 Sq.Ft.5/3/2022Teviot Pl232$465,0001,871 Sq.Ft.6/9/2017Texas Ave442$336,5001,360 Sq.Ft.6/23/2024Textrum Ct1432$406,9291,293 Sq.Ft.5/30/2024Textrum St1832$480,0561,749 Sq.Ft.5/20/2025Thelma Ln1N/AN/AN/A48,000 Sq.Ft.N/AThe Loop Rd1N/AN/AN/AN/A12/8/2015Thomas Ln232$396,0001,320 Sq.Ft.8/23/2021Thomas S Hammer142N/A9,934 Sq.Ft.3/14/2006Thompson Ave4021$372,5381,608 Sq.Ft.1/2/2025Thor Ct832$459,7501,893 Sq.Ft.10/25/2021Thoreau Ave733$374,0002,799 Sq.Ft.6/30/2023Thorndale Rd1721$341,4121,152 Sq.Ft.7/31/2022Thrush Ct921$586,3332,128 Sq.Ft.9/27/2022Thrush Dr1632$361,0631,312 Sq.Ft.2/19/2025Thunderbird Ave2622$570,7312,314 Sq.Ft.4/4/2025Thunder Pl442$505,5002,020 Sq.Ft.3/20/2018Thyme Ave1842$446,1111,774 Sq.Ft.3/20/2025Tiburon Ct1432$551,9292,234 Sq.Ft.6/6/2025Tide Ct4632$186,5221,031 Sq.Ft.8/10/2023Tierra Ct1232$430,5831,777 Sq.Ft.3/6/2023Tierra Dr11132$390,9731,533 Sq.Ft.2/7/2025Tie St421$463,5001,962 Sq.Ft.4/9/2020Tillikam Ct632$1,333,3333,617 Sq.Ft.8/16/2018Tillman Ave1521$726,1332,922 Sq.Ft.5/21/2024Timber Ct1032$501,6001,773 Sq.Ft.8/8/2024Timberline Ln632$781,1673,173 Sq.Ft.4/21/2017Timber Ridge Dr1122$555,5452,290 Sq.Ft.5/13/2025Timber View St1443$682,2862,904 Sq.Ft.5/5/2025Timbet Dr363$578,6677,319 Sq.Ft.12/7/2007Timothy Dr3643$594,5562,669 Sq.Ft.2/26/2024Tina Ave1043$539,1002,164 Sq.Ft.3/31/2025Titan Dr3843$685,9212,664 Sq.Ft.5/21/2025Toledo Ave1132$449,4551,648 Sq.Ft.9/18/2017Tom Ln242$835,5002,974 Sq.Ft.N/ATompkins Ln162$828,0005,984 Sq.Ft.N/AToms Way333$768,0004,356 Sq.Ft.3/15/2021Topaz St842$655,6673,115 Sq.Ft.6/1/2011Top Knot Ln632$1,184,3333,284 Sq.Ft.10/4/2021Torrance St232$387,0001,280 Sq.Ft.N/ATorrey Pines Dr3922$923,5683,953 Sq.Ft.3/19/2025Tosh Ln331$499,6672,333 Sq.Ft.5/9/2018Toucan St532$459,8001,609 Sq.Ft.8/18/2020Tournament Ave632$453,1671,574 Sq.Ft.7/15/2024Tower Dr2342$516,5652,112 Sq.Ft.5/24/2022Towers Ct832$366,0001,233 Sq.Ft.2/3/2025Towhee Ct2032$486,5001,654 Sq.Ft.8/18/2023Townsend Way2521$325,0401,137 Sq.Ft.10/9/2024Trade St6221$373,9042,209 Sq.Ft.5/12/2025Tragen Ct1032$575,2002,240 Sq.Ft.5/31/2022Trailblazer Pl1022$904,1003,536 Sq.Ft.2/5/2025Trail Creek Ln232$385,5001,331 Sq.Ft.5/27/2021Trails End Ct1432$390,1431,397 Sq.Ft.12/28/2022Tranquility Ct322$1,034,0003,833 Sq.Ft.1/2/2024Trapper Dr1732$501,8242,044 Sq.Ft.5/20/2022Travis Ct632$382,5001,251 Sq.Ft.4/16/2022Tree Ln432$477,3332,037 Sq.Ft.10/6/2016Treemont Ct1422$616,3572,683 Sq.Ft.10/18/2023Treeside Ct1432$416,3331,591 Sq.Ft.8/30/2021Treeside Dr2032$415,2631,672 Sq.Ft.5/21/2021Treewood Ln322$367,0001,177 Sq.Ft.5/11/2023Trelstad Ave1N/AN/AN/A118,239 Sq.Ft.6/7/2019Triad Ct632$412,0001,248 Sq.Ft.3/20/2025Triangle Dr921$309,0004,191 Sq.Ft.5/29/2025Trillion St144$935,0004,355 Sq.Ft.9/17/2024Trillium Ln522$862,0003,123 Sq.Ft.4/7/2021Trilogy St1842$515,3891,827 Sq.Ft.9/18/2024Trinity St1032$292,7001,295 Sq.Ft.1/6/2025Tripp St1432$434,9291,981 Sq.Ft.8/20/2024Tristen Ln223$629,5003,291 Sq.Ft.12/4/2023Triton Ct432$426,7501,462 Sq.Ft.2/19/2020Triumph Rd132$199,0001,344 Sq.Ft.N/ATroth Ct1122$436,6361,603 Sq.Ft.4/4/2019Trout Ct532$421,4001,527 Sq.Ft.4/14/2025Truax Dr2N/AN/AN/A251,468 Sq.Ft.10/28/2019Truckman Way1N/AN/AN/A8,000 Sq.Ft.4/1/2014True Vine Pl244$935,0003,275 Sq.Ft.7/13/2015Truman Rd421$278,750866 Sq.Ft.4/20/2018Trust Ln431$367,250958 Sq.Ft.3/27/2020Tryon St3021$344,3331,173 Sq.Ft.12/31/2024Tuition Way253$893,5004,103 Sq.Ft.12/30/2003Tulare Ave1831$401,8331,400 Sq.Ft.7/22/2024Tulip Ln631$386,6671,349 Sq.Ft.3/11/2024Tullimoor St822$573,1252,319 Sq.Ft.3/21/2023Tumalo Dr1832$540,5001,849 Sq.Ft.9/26/2024Tumbleweed Cir7522$142,3651,184 Sq.Ft.N/ATunbridge Wells St2122$412,6191,960 Sq.Ft.8/24/2024Tupelo St1142$552,1822,203 Sq.Ft.11/23/2021Turly Ct442$647,7502,711 Sq.Ft.8/28/2021Turnage St3842$511,7372,266 Sq.Ft.5/8/2025Turner Rd51432$170,3243,904 Sq.Ft.8/21/2023Turquoise Ave1432$399,00010,303 Sq.Ft.10/8/2020Turtle Bay Ct622$779,8003,016 Sq.Ft.12/3/2024Turtle Bug Ln322$300,3331,570 Sq.Ft.3/23/2006598 20th St NESalem, OR 97301
Estimated Value $344,000
Living Area 1,078 SqFt
Beds 2
Baths 1
Year Built 1950
Property Type Single Family
Ownership Type Individual
APN 527487
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
1835 Church St NESalem, OR 97301
Estimated Value $368,000
Living Area 1,322 SqFt
Beds 3
Baths 1.5
Year Built 1974
Property Type Single Family
Ownership Type Related
APN 584630
Neighborhood Highland
School District Salem-Keizer School District 24J
1125 5th St NESalem, OR 97301
Estimated Value $474,000
Living Area 2,880 SqFt
Beds 1
Baths 2
Year Built 1935
Property Type Single Family
Ownership Type Individual
APN 584334
Neighborhood Grant
School District Salem-Keizer School District 24J
1910 Maple Ave NESalem, OR 97301
Estimated Value $307,000
Living Area 884 SqFt
Beds 2
Baths 1
Year Built 1928
Property Type Single Family
Ownership Type Multiple
APN 582508
Neighborhood Highland
School District Salem-Keizer School District 24J
1689 B St NESalem, OR 97301
Estimated Value $407,000
Living Area 1,982 SqFt
Beds 2
Baths 1.5
Year Built 1910
Property Type Single Family
Ownership Type Multiple
APN 572208
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
135 Wander Way SESalem, OR 97301
Estimated Value $336,000
Living Area 1,038 SqFt
Beds 3
Baths 2
Year Built 2002
Property Type Single Family
Ownership Type Individual
APN 527596
Neighborhood Southeast Salem
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
1155 Spruce St NESalem, OR 97301
Estimated Value $358,000
Living Area 1,213 SqFt
Beds 2
Baths 1.5
Year Built 1940
Property Type Single Family
Ownership Type Related
APN 583472
Neighborhood Highland
School District Salem-Keizer School District 24J
3289 Windsor Ave NESalem, OR 97301
Estimated Value $445,000
Living Area 2,331 SqFt
Beds 2
Baths 2
Year Built 1970
Property Type Single Family
Ownership Type Individual
APN 588486
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
1780 Grant St NESalem, OR 97301
Estimated Value $377,000
Living Area 1,463 SqFt
Beds 2
Baths 1.5
Year Built 1938
Property Type Single Family
Ownership Type Related
APN 584842
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
1765 Winter St NESalem, OR 97301
Estimated Value $606,000
Living Area 2,842 SqFt
Beds 2
Baths 1
Year Built 1928
Property Type Single Family
Ownership Type Individual
APN 586342
Neighborhood Grant
School District Salem-Keizer School District 24J
2180 Liberty St NESalem, OR 97301
Estimated Value $303,000
Living Area 799 SqFt
Beds 2
Baths 1
Year Built 1940
Property Type Single Family
Ownership Type Multiple
APN 570208
Neighborhood Highland
School District Salem-Keizer School District 24J
2380 Center St NESalem, OR 97301
Estimated Value $302,000
Living Area 915 SqFt
Beds 2
Baths 1
Year Built 1947
Property Type Single Family
Ownership Type Individual
APN 595633
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
1375 Capitol St NESalem, OR 97301
Estimated Value $332,000
Living Area 870 SqFt
Beds 3
Baths 1
Year Built 1931
Property Type Single Family
Ownership Type Individual
APN 582023
Neighborhood Grant
School District Salem-Keizer School District 24J