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
Candalaria Blvd3222$567,9682,338 Sq.Ft.1/18/2024Candi Pl332$327,0001,469 Sq.Ft.4/8/2020Candis Ave732$385,0001,599 Sq.Ft.10/15/2024Candlewood Dr632$546,0003,884 Sq.Ft.10/29/2015Candy Flower Ct1731$393,5881,206 Sq.Ft.8/11/2024Cannon St3N/AN/AN/A1,878 Sq.Ft.10/31/2016Canterbury Dr521$802,2002,594 Sq.Ft.12/22/2021Canyon Ct1432$365,1431,257 Sq.Ft.8/2/2021Canyon St732$934,0004,135 Sq.Ft.9/21/2016Capistrano Ct1632$416,1331,621 Sq.Ft.3/18/2022Capitol St13221$435,0136,697 Sq.Ft.6/2/2025Caplinger Rd2132$549,75010,344 Sq.Ft.1/15/2025Cara Ct432$527,7502,078 Sq.Ft.10/16/2017Caradon Ct1933$575,5792,407 Sq.Ft.8/18/2023Carbon Ln432$367,6673,140 Sq.Ft.8/14/2017Cardinal St2632$308,8081,367 Sq.Ft.12/9/2024Caribou Ct1332$489,5381,960 Sq.Ft.4/8/2025Carla Ct1622$470,8131,919 Sq.Ft.10/18/2024Carleton Way4532$381,1431,618 Sq.Ft.10/24/2023Carmelcrest Ct732$714,8572,504 Sq.Ft.5/29/2025Carmel Dr543$663,2004,078 Sq.Ft.5/23/2005Carmelle Ct2332$429,4091,659 Sq.Ft.2/9/2023Carnelia St3132$470,0321,569 Sq.Ft.1/20/2022Carnoustie Ln1122$643,9002,038 Sq.Ft.8/30/2024Carolina Ave8232$391,8291,475 Sq.Ft.2/12/2025Caroline St331$596,0002,626 Sq.Ft.5/15/2013Carpenter Pl1N/AN/AN/A5,000 Sq.Ft.N/ACarriage Ct1032$368,7501,182 Sq.Ft.11/9/2016Carson Dr2932$391,7041,852 Sq.Ft.3/20/2025Carter Ave1743$582,2942,387 Sq.Ft.5/30/2025Carver Ct832$863,8752,798 Sq.Ft.9/17/2021Cascade Dr9032$472,7422,023 Sq.Ft.10/30/2024Cascade Hwy1932$961,2115,803 Sq.Ft.1/25/2024Cascade Pl552$632,4005,902 Sq.Ft.12/26/2024Cascade View Ln832$1,224,8754,428 Sq.Ft.2/26/2024Cascadia Canyon Ave3N/AN/AN/A16,004 Sq.Ft.N/ACascadia Industrial St5N/AN/AN/A23,337 Sq.Ft.9/20/2016Cascara Loop3122$644,1292,662 Sq.Ft.9/9/2024Casey Ln222$839,5002,753 Sq.Ft.8/7/2009Castle Dr1931$369,7371,181 Sq.Ft.10/29/2024Catalina St1132$546,5452,358 Sq.Ft.9/26/2024Catchum Ln232$324,5001,350 Sq.Ft.7/27/2011Cathlamet Ct1543$625,3332,590 Sq.Ft.4/5/2022Catterlin St1331$347,2501,586 Sq.Ft.2/8/2022Causey Ln632$344,6671,392 Sq.Ft.7/31/2017Cavalier Dr1532$478,9331,766 Sq.Ft.4/14/2025Cayuse Cir5622$449,3041,604 Sq.Ft.3/31/2025Cecilia St932$532,0002,069 Sq.Ft.5/17/2024Cedar Bluff Cir142$727,0003,904 Sq.Ft.N/ACedarcrest Ct1332$498,7692,111 Sq.Ft.4/23/2025Cedarcrest Dr2232$414,0451,367 Sq.Ft.8/1/2022Cedar Hill Ct1232$416,0831,655 Sq.Ft.8/31/2023Cedar Way1932$391,8421,388 Sq.Ft.10/29/2024Cedrus Ln632$432,1671,507 Sq.Ft.1/23/2020Celeen Ave1332$724,8462,631 Sq.Ft.10/12/2020Centennial Ct722$500,5711,940 Sq.Ft.11/26/2024Centennial Dr3132$495,3872,033 Sq.Ft.2/21/2024Center St25832$460,33111,635 Sq.Ft.6/5/2025Centurian Ct1432$446,2141,604 Sq.Ft.11/20/2024Century Ct732$529,1431,965 Sq.Ft.3/1/2024Century Dr3032$663,4002,681 Sq.Ft.11/18/2022Cerise Ave1443$582,1432,222 Sq.Ft.9/25/2024Chadbourne Ln532$308,6001,813 Sq.Ft.8/14/2013Chakarun Ln622$1,114,6004,768 Sq.Ft.9/20/2021Chambers Ave422$1,863,2504,766 Sq.Ft.10/19/2016Chameleon Ct1332$382,4621,213 Sq.Ft.4/16/2024Champion Hill Rd1032$862,7503,202 Sq.Ft.1/29/2024Championship Dr1022$772,6002,457 Sq.Ft.4/24/2023Champlain Ct933$599,3332,790 Sq.Ft.11/21/2024Champlain Dr1233$535,1672,404 Sq.Ft.1/24/2023Chandelle Ct2732$381,0001,319 Sq.Ft.5/28/2025Chandler Dr821$628,3752,719 Sq.Ft.4/3/2023Chandy Way253$662,5002,913 Sq.Ft.4/27/2015Chaney Way1N/AN/AN/A1,620 Sq.Ft.10/19/2022Chan St2332$451,4551,635 Sq.Ft.4/11/2025Chaparral Dr2132$422,3811,357 Sq.Ft.9/25/2024Chapin Ln322$1,323,0004,530 Sq.Ft.8/15/2014Chapman Ct532$543,4002,030 Sq.Ft.6/14/2021Chapman Hill Dr5843$667,7762,631 Sq.Ft.10/24/2024Chapman St2632$537,4622,116 Sq.Ft.5/29/2025Char Cir1642$423,6251,516 Sq.Ft.3/13/2023Charity Ave1421$345,0771,734 Sq.Ft.3/25/2024Charlene St2532$429,5601,453 Sq.Ft.4/18/2024Charles Ave2231$410,6361,471 Sq.Ft.10/15/2024Charleston Dr1132$798,3643,467 Sq.Ft.5/22/2020Charmalee Ct1131$352,3641,103 Sq.Ft.8/31/2022Charter Pl1184$646,8183,299 Sq.Ft.6/25/2024Chase Ave1832$394,7221,379 Sq.Ft.10/28/2024Chatham St832$673,8752,499 Sq.Ft.6/29/2018Chatnicka St1842$500,8891,849 Sq.Ft.7/30/2024Chatter Ln333$954,3333,701 Sq.Ft.11/26/2018Chauncey Ct1032$831,8003,191 Sq.Ft.5/28/2025Chauncey St322$770,3332,813 Sq.Ft.6/8/2021Chelsea Ave732$472,4291,814 Sq.Ft.7/17/2023Chemawa Rd1632$495,5567,935 Sq.Ft.6/20/2013Chemeketa St10721$496,6319,423 Sq.Ft.5/7/2024Cherie Ct1332$473,6151,698 Sq.Ft.4/10/2025Cherokee Dr3222$986,6563,876 Sq.Ft.6/12/2024Cherokee Trail Ln232$1,151,0003,175 Sq.Ft.12/11/2015Cherry Ave5221$354,4079,806 Sq.Ft.4/4/20251734 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
1756 Court St NESalem, OR 97301
Estimated Value $522,000
Living Area 2,260 SqFt
Beds 1
Baths 1.5
Year Built 1908
Property Type Single Family
Ownership Type Related
APN 586749
Neighborhood Northeast Neighbors
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
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
1940 Church St NESalem, OR 97301
Estimated Value $332,000
Living Area 1,200 SqFt
Beds 3
Baths 2
Year Built 1926
Property Type Single Family
Ownership Type Corporate
APN 569912
Neighborhood Highland
School District Salem-Keizer School District 24J
1098 E St NESalem, OR 97301
Estimated Value $480,000
Living Area 1,910 SqFt
Beds 1
Baths 1
Year Built 1925
Property Type Single Family
Ownership Type Multiple
APN 585610
Neighborhood Grant
School District Salem-Keizer School District 24J
1345 D St NESalem, OR 97301
Estimated Value $331,000
Living Area 1,124 SqFt
Beds 2
Baths 1
Year Built 1940
Property Type Single Family
Ownership Type Individual
APN 575580
Neighborhood Northeast Neighbors
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
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
1070 Spruce St NESalem, OR 97301
Estimated Value $303,000
Living Area 1,675 SqFt
Beds 3
Baths 2
Year Built 1925
Property Type Single Family
Ownership Type Individual
APN 577190
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
1140 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
1565 Baker St NESalem, OR 97301
Estimated Value $288,000
Living Area 780 SqFt
Beds 2
Baths 1
Year Built 1953
Property Type Single Family
Ownership Type Individual
APN 588177
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
1095 Cottage St NESalem, OR 97301
Estimated Value $226,000
Living Area 1,239 SqFt
Beds 2
Baths 1
Year Built 1926
Property Type Single Family
Ownership Type Related
APN 566780
Neighborhood Grant
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
1940 Mccoy Ave NESalem, OR 97301
Estimated Value $328,000
Living Area 1,296 SqFt
Beds 2
Baths 1
Year Built 1928
Property Type Single Family
Ownership Type Multiple
APN 586673
Neighborhood Highland
School District Salem-Keizer School District 24J