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
Augie Ln321$731,0002,779 Sq.Ft.6/3/2025Augusta National Dr7322$902,0142,961 Sq.Ft.6/9/2025Augusta St2322$1,049,4763,589 Sq.Ft.4/14/2025Aumsville Hwy13433$678,75415,121 Sq.Ft.1/24/2025Auto Group Ave2N/AN/AN/A62,179 Sq.Ft.8/23/2016Autumn Chase Way1N/AN/AN/A77,530 Sq.Ft.12/24/2008Avalon Ave1332$522,9231,902 Sq.Ft.2/27/2025Avens Ave1522$122,9331,049 Sq.Ft.N/AAzalea Dr3022$766,6003,035 Sq.Ft.5/29/2025Babcock St733$770,5718,975 Sq.Ft.10/15/2013Babcock Way2032$383,1001,416 Sq.Ft.11/1/2022Baber Ct1032$863,0003,109 Sq.Ft.4/22/2021Bachelor Ln144$827,0003,366 Sq.Ft.4/29/2016Badger Corner Pl431$353,2501,329 Sq.Ft.9/20/2022Bailey Jean Ct832$515,6251,823 Sq.Ft.5/27/2021Baker St3621$327,6971,160 Sq.Ft.12/19/2024Bald Eagle Ave3443$564,6472,308 Sq.Ft.8/9/2021Baldwin Ave1232$409,8331,454 Sq.Ft.6/26/2024Baldwin Ct442$345,0001,345 Sq.Ft.6/20/2019Baldwin Pl532$407,2001,465 Sq.Ft.10/25/2022Ballymeade St2432$603,4582,396 Sq.Ft.10/23/2024Ballyntyne Creek Ln922$973,6253,520 Sq.Ft.9/20/2023Ballyntyne Rd2632$1,106,6094,680 Sq.Ft.10/28/2022Balm Ct232$334,5001,099 Sq.Ft.9/21/2023Balm St1132$613,3642,208 Sq.Ft.8/22/2023Baloo Ln244$1,542,0004,196 Sq.Ft.7/10/2006Balsam Dr2922$669,0002,698 Sq.Ft.6/4/2025Bambi Ave732$411,1431,499 Sq.Ft.9/11/2021Bandit Ct511$371,2001,531 Sq.Ft.1/27/2010Bandon Ct443$569,5002,387 Sq.Ft.11/14/2016Bannock Ct1032$377,9001,377 Sq.Ft.12/20/2023Banter Ct331$379,3331,529 Sq.Ft.7/31/2019Banyan Ct1922$419,6321,546 Sq.Ft.11/22/2023Banyonwood Ave2043$607,2502,564 Sq.Ft.8/24/2023Barbara Way2831$372,3571,518 Sq.Ft.6/27/2023Barbaresco St632$739,0002,515 Sq.Ft.5/24/2023Barberry St1632$520,9381,959 Sq.Ft.6/14/2023Barcelona Ct632$911,0003,597 Sq.Ft.5/18/2022Barcelona Dr1422$1,014,3573,166 Sq.Ft.1/22/2025Barker St532$383,4001,318 Sq.Ft.10/12/2021Barkstone Ct833$945,6253,890 Sq.Ft.6/28/2016Barley Ct632$476,6671,948 Sq.Ft.3/7/2024Barlow Ave743$625,2862,398 Sq.Ft.2/2/2023Barnabas St2142$571,4292,310 Sq.Ft.9/10/2024Barnes Ave9132$456,7953,536 Sq.Ft.5/16/2025Barnes Ct1142$540,3642,299 Sq.Ft.10/29/2021Barrett St5332$461,5281,809 Sq.Ft.3/5/2025Barrington Ave832$763,3752,796 Sq.Ft.6/23/2022Barrington Ct542$656,2002,950 Sq.Ft.2/3/2020Bartell Dr2N/AN/AN/A9,330 Sq.Ft.6/13/2007Bartholomew Pl1N/AN/AN/A10,044 Sq.Ft.N/ABartlett Dr1331$354,4621,212 Sq.Ft.12/20/2021Bartlett Hill Ct1442$715,8572,903 Sq.Ft.6/26/2024Bartlett Hill Dr2243$681,9552,720 Sq.Ft.12/12/2023Bartol Way343$1,414,0006,369 Sq.Ft.5/15/2024Basalt Ct732$492,8571,728 Sq.Ft.1/28/2025Basil St2532$863,2403,148 Sq.Ft.7/17/2024Basin Ct1632$393,2501,229 Sq.Ft.4/26/2024Basin St332$404,3331,285 Sq.Ft.12/1/2020Bassett St6N/AN/AN/A10 Sq.Ft.N/ABass Ln132$392,0001,400 Sq.Ft.12/9/2021Basswood Ct643$736,1672,736 Sq.Ft.7/20/2023Basswood St633$615,6672,640 Sq.Ft.2/3/2023Bastille Ave3532$523,6862,083 Sq.Ft.5/13/2025Bastille Ct1032$502,4001,731 Sq.Ft.3/11/2024Bates Farm Way323$1,010,0004,024 Sq.Ft.12/29/2020Bates Rd3732$685,5433,135 Sq.Ft.5/14/2025Battle Creek Heights Ln331$893,0003,648 Sq.Ft.5/23/2025Battle Creek Hollow Ln443$1,067,2504,091 Sq.Ft.6/22/2023Battle Creek Rd10232$654,2643,974 Sq.Ft.12/18/2024Bavarian Way522$1,118,8004,316 Sq.Ft.2/25/2022Baxter Ct1842$559,8332,363 Sq.Ft.7/13/2022Baxter Rd8032$502,6383,706 Sq.Ft.5/24/2025Bayberry Ct732$502,2861,950 Sq.Ft.3/3/2025Bayne St5232$455,4121,794 Sq.Ft.4/28/2025Bayonne Ct723$575,5713,954 Sq.Ft.N/ABayonne Dr2123$1,013,9446,905 Sq.Ft.12/10/2020Bayview Way1N/AN/AN/A35,798 Sq.Ft.8/13/2015Beach Ave2122$690,0003,804 Sq.Ft.1/18/2023Beach Ln443$1,172,0003,240 Sq.Ft.8/25/2017Beacon Ct331$332,667971 Sq.Ft.10/7/2006Beacon St3931$348,0261,292 Sq.Ft.10/30/2023Beaumount Dr1353$758,1543,754 Sq.Ft.3/14/2022Beaverbrook Ct1332$385,3081,401 Sq.Ft.1/3/2023Beaver Loop2332$449,6091,727 Sq.Ft.2/20/2025Beaver Pond Ct932$499,3332,196 Sq.Ft.2/3/2025Beck Ave3032$374,8971,549 Sq.Ft.4/9/2024Becky Way232$399,0001,270 Sq.Ft.N/ABeechwood Ct1732$417,9411,361 Sq.Ft.11/25/2024Beechwood St253$425,5001,445 Sq.Ft.12/28/2021Begonia Dr1343$590,3082,488 Sq.Ft.3/21/2023Belaire Dr1032$406,4001,373 Sq.Ft.4/1/2022Belinda Ct332$626,6672,734 Sq.Ft.8/28/2024Belknap Springs St2723$369,5191,433 Sq.Ft.6/12/2025Bella Terra Ave632$709,0002,669 Sq.Ft.9/9/2022Bellatrix St142$474,0001,801 Sq.Ft.N/ABella Vista Way322$1,010,0005,048 Sq.Ft.5/10/2019Belle Pond Way233$1,213,0003,338 Sq.Ft.3/16/2011Belle Vista Ct788$809,8574,566 Sq.Ft.2/3/2025Bellevue St3222$350,1544,460 Sq.Ft.1/30/2025797 15th St NESalem, OR 97301
Estimated Value $400,000
Living Area 2,191 SqFt
Beds 2
Baths 3
Year Built 1963
Property Type Single Family
Ownership Type Related
APN 585671
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
1897 Water St NESalem, OR 97301
Estimated Value $313,000
Living Area 1,930 SqFt
Beds 3
Baths 2
Year Built 1920
Property Type Residential Vacant Land
Ownership Type Individual
APN 587570
Neighborhood Highland
School District Salem-Keizer School District 24J
3025 Madison St NESalem, OR 97301
Estimated Value $464,000
Living Area 2,580 SqFt
Beds 6
Baths 1
Year Built 1961
Property Type Single Family
Ownership Type Individual
APN 588450
Neighborhood Lansing
School District Salem-Keizer School District 24J
2460 Maple Ave NESalem, OR 97301
Estimated Value $315,000
Living Area 1,208 SqFt
Beds 1
Baths 1
Year Built 1947
Property Type Single Family
Ownership Type Multiple
APN 577268
Neighborhood Highland
School District Salem-Keizer School District 24J
1465 Center St NESalem, OR 97301
Estimated Value $363,000
Living Area 1,240 SqFt
Beds 3
Baths 1
Year Built 1926
Property Type Single Family
Ownership Type Individual
APN 527582
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
1130 Highland Ave NESalem, OR 97301
Estimated Value $281,000
Living Area 935 SqFt
Beds 2
Baths 1
Year Built 1929
Property Type Single Family
Ownership Type Corporate
APN 573276
Neighborhood Highland
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
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
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
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
205 22nd St SESalem, OR 97301
Estimated Value $280,000
Living Area 1,022 SqFt
Beds 2
Baths 1
Year Built 1895
Property Type Single Family
Ownership Type Related
APN 568174
Neighborhood Southeast Salem
School District Salem-Keizer School District 24J
1525 19th St NESalem, OR 97301
Estimated Value $385,000
Living Area 1,419 SqFt
Beds 3
Baths 1
Year Built 1929
Property Type Single Family
Ownership Type Individual
APN 579970
Neighborhood Northeast Neighbors
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
443 17th St NESalem, OR 97301
Estimated Value $321,000
Living Area 916 SqFt
Beds 2
Baths 1
Year Built 1949
Property Type Single Family
Ownership Type Related
APN 596491
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
1050 21st St NESalem, OR 97301
Estimated Value $505,000
Living Area 2,071 SqFt
Beds 1
Baths 1
Year Built 1926
Property Type Single Family
Ownership Type Multiple
APN 572404
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
486 18th St NESalem, OR 97301
Estimated Value $532,000
Living Area 3,216 SqFt
Beds 2
Baths 2
Year Built 1965
Property Type Single Family
Ownership Type Corporate
APN 595570
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J