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
Willa Ln1421$341,8571,167 Sq.Ft.6/17/2024Willapa Ct142$458,0001,668 Sq.Ft.11/15/2003Williams Ave5421$356,6351,261 Sq.Ft.4/10/2025Willie Way1142$566,0002,148 Sq.Ft.2/15/2023Willow Creek Dr2432$515,2082,038 Sq.Ft.5/27/2022Willow Ct1022$727,9003,846 Sq.Ft.6/15/2021Willow St421$515,0002,747 Sq.Ft.N/AWilma Ct1032$410,3001,571 Sq.Ft.2/21/2025Wilmington Ave842$523,33327,650 Sq.Ft.10/14/2024Wilson St2821$399,6541,444 Sq.Ft.12/31/2024Wilton Ave1631$321,250975 Sq.Ft.2/27/2020Wiltsey Ct832$637,1252,418 Sq.Ft.5/16/2025Wiltsey Loop263$605,0002,598 Sq.Ft.4/30/2008Wiltsey Rd5722$257,9227,989 Sq.Ft.3/18/2025Wiltsey St2532$837,8184,692 Sq.Ft.2/8/2024Wimbledon Ct1332$433,6151,617 Sq.Ft.2/26/2025Winchester St3732$448,2221,620 Sq.Ft.11/27/2024Windemere Dr2932$463,4141,805 Sq.Ft.1/8/2025Windflower Ct1632$426,5631,607 Sq.Ft.9/12/2023Windgate St1832$502,4442,108 Sq.Ft.2/4/2025Winding Ct433$578,5002,376 Sq.Ft.11/30/2005Winding Way2043$907,3003,411 Sq.Ft.1/3/2023Wind Meadows Way2232$143,8101,482 Sq.Ft.N/AWindmill Ct1022$1,047,7003,612 Sq.Ft.7/2/2018Wind Park St232$136,5001,296 Sq.Ft.N/AWindsong Ct933$534,0002,206 Sq.Ft.10/4/2024Windsor Ave4132$394,3951,778 Sq.Ft.9/23/2024Windsor Island Rd3632$622,4149,623 Sq.Ft.7/9/2022Windsor Way1131$358,0001,132 Sq.Ft.8/16/2022Wind Spring Way1432$138,0001,392 Sq.Ft.N/AWind Stone Way2932$143,0711,449 Sq.Ft.N/AWindyridge Dr522$543,8002,196 Sq.Ft.11/19/2024Winema Pl1N/AN/AN/A961,456 Sq.Ft.N/AWing Tip Ave1342$642,0002,593 Sq.Ft.7/28/2022Winners Ct1342$488,0001,920 Sq.Ft.8/30/2024Winola Ave4221$370,3901,206 Sq.Ft.11/8/2024Winona Ct432$380,5001,637 Sq.Ft.5/18/2016Winslow Way6722$415,1341,681 Sq.Ft.1/16/2025Wintercreek Way1N/AN/AN/A72,488 Sq.Ft.N/AWintergreen Ave2132$457,1901,746 Sq.Ft.1/30/2023Winter St19021$394,19913,107 Sq.Ft.5/20/2025Winter Wonderland Way143$683,0003,465 Sq.Ft.8/1/2019Wipwood Dr2132$500,2381,794 Sq.Ft.6/12/2025Wishing Ln132$415,0001,624 Sq.Ft.4/14/2021Wisper Ln422$540,0001,883 Sq.Ft.2/9/2022Wisteria Ct932$425,2221,504 Sq.Ft.8/30/2023Witch Hazel Ln1643$569,9382,380 Sq.Ft.8/13/2024Witten St1232$369,2501,369 Sq.Ft.10/1/2024Witter Ln2132$334,2861,498 Sq.Ft.3/30/2023Witzel Rd3032$808,5523,617 Sq.Ft.9/8/2021Wolverine St5N/AN/AN/A7,982 Sq.Ft.N/AWoodacre Dr2632$436,2691,641 Sq.Ft.5/10/2024Woodard Ave532$763,8002,706 Sq.Ft.1/24/2024Woodbridge Ct1N/AN/AN/A46,782 Sq.Ft.12/23/2013Wooddale Ave3831$378,6051,362 Sq.Ft.11/18/2024Woodhaven Ct2132$503,3811,934 Sq.Ft.12/31/2024Woodhaven St1332$485,2311,887 Sq.Ft.2/25/2025Woodhill St2433$552,3752,105 Sq.Ft.7/25/2023Woodland Dr332$498,6672,020 Sq.Ft.1/6/2022Woodland Hills Way222$881,0003,454 Sq.Ft.9/24/2014Woodleaf St1232$366,3331,263 Sq.Ft.7/10/2023Woodmansee Ct1132$387,4001,245 Sq.Ft.5/6/2022Woodmill Dr1342$676,0002,804 Sq.Ft.4/19/2024Woodrow St10N/AN/AN/A8,928 Sq.Ft.N/AWoodscape Ct932$666,5562,613 Sq.Ft.3/5/2025Woodscape Dr2832$586,6432,160 Sq.Ft.1/6/2025Woodside Ct1033$617,7003,011 Sq.Ft.3/23/2023Woodside Dr3532$508,1884,677 Sq.Ft.5/30/2025Woodstock Cir4522$388,6441,357 Sq.Ft.1/17/2025Woodview Ct532$512,2001,911 Sq.Ft.1/12/2021Wormwood Ct532$434,6001,449 Sq.Ft.10/8/2019Wormwood St3432$416,3531,291 Sq.Ft.2/20/2025Wren Ct532$396,6001,357 Sq.Ft.1/8/2021Writers Way332$631,3332,049 Sq.Ft.11/30/2005Wyant Ave932$425,1111,590 Sq.Ft.10/12/2021Wyant Ct1232$428,9171,666 Sq.Ft.9/25/2024Wyatt Ct421$454,0001,721 Sq.Ft.4/9/2025Wyoming Ave1731$348,7651,233 Sq.Ft.3/28/2025Wyoming Cir4232$159,1461,237 Sq.Ft.7/11/2011Yakima Ct1042$594,8002,397 Sq.Ft.12/30/2024Yankee Way422$661,2502,342 Sq.Ft.6/4/2024Yans Ln2N/AN/A$182,500N/AN/AYellowbird Ln342$403,3331,540 Sq.Ft.11/30/2022Yellowstone Ct1032$450,3001,948 Sq.Ft.9/4/2020Yew St3421$369,8531,391 Sq.Ft.4/22/2025York Ave2031$316,7371,305 Sq.Ft.3/20/2023York Butte Ave4022$692,5252,336 Sq.Ft.5/28/2025Yorkshire Ct632$509,2001,987 Sq.Ft.1/20/2022Yosemite Ct1432$321,5001,571 Sq.Ft.2/1/2021Young Ln421$559,2502,883 Sq.Ft.11/15/2010Yukon Ct1332$475,7691,928 Sq.Ft.7/25/2023Yvonne Ct1732$551,5882,059 Sq.Ft.4/18/2025Yvonne St1032$452,9001,636 Sq.Ft.9/16/2021Zee Ln422$1,067,50016,898 Sq.Ft.5/23/2019Zelkova Ct842$555,8752,138 Sq.Ft.11/13/2024Zena Rd6032$793,8653,279 Sq.Ft.2/14/2024Zieber Ln622$412,3331,369 Sq.Ft.6/10/2005Zielinski Ln233$1,012,0006,596 Sq.Ft.N/AZosel Ave2522$506,1602,394 Sq.Ft.10/28/20211140 Donna Ave NESalem, OR 97301
Estimated Value $278,000
Living Area 1,052 SqFt
Beds 2
Baths 1
Year Built 1949
Property Type Single Family
Ownership Type Trust
APN 570150
Neighborhood Highland
School District Salem-Keizer School District 24J
1230 Market St NESalem, OR 97301
Estimated Value $363,000
Living Area 1,254 SqFt
Beds 1
Baths 1
Year Built 1932
Property Type Single Family
Ownership Type Related
APN 526894
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
2716 D St NESalem, OR 97301
Estimated Value $476,000
Living Area 1,975 SqFt
Beds 1
Baths 1.5
Year Built 2022
Property Type Single Family
Ownership Type Individual
APN 604875
Neighborhood Northeast Salem
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
698 Thompson Ave NESalem, OR 97301
Estimated Value $344,000
Living Area 1,483 SqFt
Beds 2
Baths 2
Year Built 1948
Property Type Single Family
Ownership Type Multiple
APN 567555
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
2360 Park Ave NESalem, OR 97301
Estimated Value $350,000
Living Area 1,042 SqFt
Beds 3
Baths 1
Year Built 1973
Property Type Single Family
Ownership Type Individual
APN 565352
Neighborhood Lansing
School District Salem-Keizer School District 24J
298 15th St SESalem, OR 97301
Estimated Value $390,000
Living Area 1,819 SqFt
Beds 1
Baths 2
Year Built 1916
Property Type Single Family
Ownership Type Individual
APN 595191
Neighborhood Southeast Salem
School District Salem-Keizer School District 24J
1317 Market St NESalem, OR 97301
Estimated Value $319,000
Living Area 1,271 SqFt
Beds 1
Baths 1
Year Built 1920
Property Type Single Family
Ownership Type Multiple
APN 588199
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
2350 Eddy Ave NESalem, OR 97301
Estimated Value $362,000
Living Area 1,008 SqFt
Beds 3
Baths 1
Year Built 1975
Property Type Single Family
Ownership Type Multiple
APN 565369
Neighborhood Lansing
School District Salem-Keizer School District 24J
2390 Broadway St NESalem, OR 97301
Estimated Value $384,000
Living Area 1,720 SqFt
Beds 2
Baths 2
Year Built 1946
Property Type Single Family
Ownership Type Individual
APN 571926
Neighborhood Highland
School District Salem-Keizer School District 24J
765 E St NESalem, OR 97301
Estimated Value $325,000
Living Area 963 SqFt
Beds 2
Baths 1
Year Built 1918
Property Type Single Family
Ownership Type Individual
APN 585160
Neighborhood Grant
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
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
1580 Bellevue St SESalem, OR 97301
Estimated Value $325,000
Living Area 894 SqFt
Beds 2
Baths 1
Year Built 1910
Property Type Single Family
Ownership Type Multiple
APN 568480
Neighborhood Southeast Salem
School District Salem-Keizer School District 24J
156 Front St NE #700Salem, OR 97301
Estimated Value $720,000
Living Area 1,589 SqFt
Beds 1
Baths 2
Year Built 2011
Property Type Condominium
Ownership Type Trust
APN 347346
Neighborhood Central Area
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