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
Wapiti Ave732$473,5711,640 Sq.Ft.6/30/2024Warbler Ct1532$380,6671,151 Sq.Ft.2/20/2024Warbler Dr532$442,4002,017 Sq.Ft.2/16/2022Ward Ct353$449,6672,492 Sq.Ft.11/13/2020Ward Dr12932$427,8942,383 Sq.Ft.3/24/2025Wardell Ln112$459,0002,424 Sq.Ft.N/AWard Pl1168$1,433,00010,030 Sq.Ft.1/4/2022Warner Dr1122$839,6363,902 Sq.Ft.5/8/2024Warner St2921$312,0381,250 Sq.Ft.2/28/2025Warren St932$418,5561,462 Sq.Ft.4/2/2025Warrington St1642$685,5632,909 Sq.Ft.1/5/2023Wasco Ct1132$482,8181,966 Sq.Ft.4/22/2024Washington St2421$730,5713,130 Sq.Ft.4/15/2025Watergate Ct532$554,8002,088 Sq.Ft.1/17/2023Water St2122$407,6257,856 Sq.Ft.4/8/2021Watson Ave5131$367,2351,302 Sq.Ft.7/22/2024Watson Butte Ave3832$699,5532,406 Sq.Ft.6/30/2022Watson Creek St931$704,6672,570 Sq.Ft.3/16/2022Waymire St1632$458,2501,717 Sq.Ft.4/16/2024Waypark Dr832$701,6677,983 Sq.Ft.12/6/2018Wayside Ter4632$374,8722,389 Sq.Ft.4/25/2025Wb Post Dr2132$415,2381,449 Sq.Ft.1/14/2022Weatherford Ct942$569,2222,382 Sq.Ft.3/14/2022Weathers St3222$413,7503,926 Sq.Ft.6/4/2025Webb Ave1931$359,2111,217 Sq.Ft.8/13/2024Webber St332$431,6671,657 Sq.Ft.3/5/2021Webster Ct632$755,6672,712 Sq.Ft.7/27/2022Webster Dr2832$786,3572,703 Sq.Ft.4/28/2025Wedgewood Ct1731$377,7061,405 Sq.Ft.10/25/2024Weigart Ct2231$359,9551,142 Sq.Ft.4/23/2024Welcome Ct633$603,5002,288 Sq.Ft.4/16/2024Welcome Way2922$619,4642,583 Sq.Ft.5/22/2024Wellington Ct731$371,5711,134 Sq.Ft.5/5/2022Welsh St832$415,3751,722 Sq.Ft.11/13/2023Welty Ave1421$364,1431,310 Sq.Ft.4/21/2025Wembley Ave332$430,6671,469 Sq.Ft.2/23/2025Wembley Ct1232$424,1671,532 Sq.Ft.7/6/2023Wendy St1232$377,5831,326 Sq.Ft.2/24/2025Werner Ave1731$387,4711,452 Sq.Ft.5/24/2024Wesley Ln232$314,5001,884 Sq.Ft.8/6/2018Westbrook Dr5632$422,0541,700 Sq.Ft.4/3/2025Westchester Ct2532$420,4801,455 Sq.Ft.2/21/2023Western Heights Ct1232$490,4171,834 Sq.Ft.4/9/2025Western Heights Loop3632$488,8331,926 Sq.Ft.10/8/2024Westfarthing Way5432$536,2592,131 Sq.Ft.10/22/2024Westhaven Ave4032$521,4502,070 Sq.Ft.4/21/2025Westlawn Ct2732$374,7781,178 Sq.Ft.3/26/2025Westminster Ave1132$454,8181,605 Sq.Ft.6/19/2023Westminster Ct632$381,3331,372 Sq.Ft.4/22/2022Weston Ct2N/AN/AN/A28,448 Sq.Ft.3/31/2006Westport Ct732$485,2861,855 Sq.Ft.11/7/2019Westport St932$516,2221,949 Sq.Ft.3/5/2025Westridge Pl922$628,5563,142 Sq.Ft.8/26/2021Westside Cir1N/AN/AN/A322,533 Sq.Ft.N/AWest Way1132$393,3641,342 Sq.Ft.12/13/2024Westwind Ave2132$409,7621,419 Sq.Ft.1/8/2025Westwood Dr442$495,5002,097 Sq.Ft.5/13/2022Wheat Ave1132$446,0911,722 Sq.Ft.7/25/2023Wheat Ct1732$442,4121,784 Sq.Ft.7/26/2019Wheatland Rd3532$664,7206,678 Sq.Ft.7/31/2024Wheeler Ave1332$463,6151,654 Sq.Ft.11/13/2024Wheeler Ct1432$501,6432,170 Sq.Ft.8/29/2022Whetstone Ct1232$438,6671,636 Sq.Ft.6/24/2024Whimsey Way142$395,0001,620 Sq.Ft.8/26/2004Whipplewood Ave1232$512,9171,831 Sq.Ft.9/27/2021Whippoorwill Ct832$484,7501,746 Sq.Ft.12/30/2022Whispering Pines Loop1532$405,2001,391 Sq.Ft.3/7/2022Whispering Way322$988,3333,508 Sq.Ft.4/16/2021Whistle Ct832$385,2501,297 Sq.Ft.5/12/2017Whitaker Dr2N/AN/AN/A95,472 Sq.Ft.9/18/2017Whitcomb Ct1732$414,9411,418 Sq.Ft.9/6/2024Whitcomb Dr532$418,2501,501 Sq.Ft.9/7/2022White Cloud Ct532$407,0001,411 Sq.Ft.5/5/2021White Cloud Dr2332$397,3041,325 Sq.Ft.8/10/2023White Horse Ct832$487,1251,849 Sq.Ft.3/31/2022White Oak Ct1143$494,3002,912 Sq.Ft.4/25/2023Whitesell Ct1322$400,3331,938 Sq.Ft.6/14/2022Whitetail Deer St3332$473,3331,759 Sq.Ft.4/16/2025Whitewater St1532$471,4671,934 Sq.Ft.3/26/2025Whitman Cir4232$380,4761,274 Sq.Ft.8/19/2024Whitney Dr732$621,4292,442 Sq.Ft.7/22/2010Wickshire Ave1032$727,1002,733 Sq.Ft.12/22/2022Wickshire Ct1132$698,1822,432 Sq.Ft.7/13/2023Wiessner Dr1N/AN/AN/A15,000 Sq.Ft.N/AWigeon St2832$634,5712,304 Sq.Ft.5/27/2025Wiggles Ct1131$361,8181,204 Sq.Ft.5/26/2023Wilark Dr3542$518,5291,988 Sq.Ft.3/12/2024Wilbur St3121$361,2221,824 Sq.Ft.12/13/2024Wildberry Ln432$468,3332,351 Sq.Ft.N/AWildcherry Ct3132$427,2581,616 Sq.Ft.6/9/2025Wildcherry Dr1032$387,4001,242 Sq.Ft.8/30/2024Wildflower St2232$448,0451,702 Sq.Ft.12/12/2024Wildlife Ln722$892,8573,359 Sq.Ft.5/27/2021Wildridge Ave232$429,0001,300 Sq.Ft.9/28/2011Wild Rose Ln242$382,5001,302 Sq.Ft.10/26/2010Wild Rose Way232$864,0002,744 Sq.Ft.N/AWildwind Dr3121$415,6131,662 Sq.Ft.12/5/2023Wildwood Ct2032$489,9002,100 Sq.Ft.1/14/2025Wildwood Dr144$576,0002,226 Sq.Ft.N/AWiley Ln332$365,6671,149 Sq.Ft.2/22/20133289 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
3227 Ladd Ave NESalem, OR 97301
Estimated Value $379,000
Living Area 1,350 SqFt
Beds 3
Baths 1.5
Year Built 1963
Property Type Single Family
Ownership Type Multiple
APN 588390
Neighborhood Northeast Salem
School District Salem-Keizer School District 24J
1185 17th St NESalem, OR 97301
Estimated Value $309,000
Living Area 1,108 SqFt
Beds 3
Baths 1
Year Built 1953
Property Type Single Family
Ownership Type Corporate
APN 572160
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
1815 Capitol St NESalem, OR 97301
Estimated Value $322,000
Living Area 1,150 SqFt
Beds 3
Baths 1
Year Built 1920
Property Type Single Family
Ownership Type Individual
APN 577394
Neighborhood Highland
School District Salem-Keizer School District 24J
1930 19th St NESalem, OR 97301
Estimated Value $418,000
Living Area 1,994 SqFt
Beds 1
Baths 2
Year Built 1939
Property Type Single Family
Ownership Type Related
APN 579907
Neighborhood Northeast Neighbors
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
344 19th St SESalem, OR 97301
Estimated Value $357,000
Living Area 1,474 SqFt
Beds 3
Baths 1
Year Built 1926
Property Type Single Family
Ownership Type Related
APN 568405
Neighborhood Southeast Salem
School District Salem-Keizer School District 24J
885 Cottage St NE #ASalem, OR 97301
Estimated Value $496,000
Living Area 2,110 SqFt
Beds 2
Baths 1
Year Built 1928
Property Type Single Family
Ownership Type Related
APN 566863
Neighborhood Central Area
School District Salem-Keizer School District 24J
2104 Evergreen Ave NESalem, OR 97301
Estimated Value $344,000
Living Area 1,295 SqFt
Beds 3
Baths 1
Year Built 1938
Property Type Single Family
Ownership Type Individual
APN 572480
Neighborhood Lansing
School District Salem-Keizer School District 24J
1168 Evergreen Ave NESalem, OR 97301
Estimated Value $408,000
Living Area 1,988 SqFt
Beds 2
Baths 1
Year Built 1951
Property Type Single Family
Ownership Type Corporate
APN 571559
Neighborhood Northeast Salem
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
1928 Mccoy Ave NESalem, OR 97301
Estimated Value $379,000
Living Area 1,928 SqFt
Beds 2
Baths 2
Year Built 1965
Property Type Single Family
Ownership Type Individual
APN 586672
Neighborhood Highland
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
745 Jefferson St NESalem, OR 97301
Estimated Value $281,000
Living Area 672 SqFt
Beds 2
Baths 1
Year Built 1947
Property Type Single Family
Ownership Type Individual
APN 566927
Neighborhood Grant
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
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