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
Cherry Bark Ct1132$383,9091,138 Sq.Ft.4/7/2025Cherrybloom Ct1832$383,7221,195 Sq.Ft.8/20/2020Cherry Blossom Dr4232$529,2141,938 Sq.Ft.3/31/2025Cherrybud Ct1532$387,4001,313 Sq.Ft.4/7/2025Cherry Glen Pl14N/AN/A111,601 Sq.Ft.8/8/2018Cherry Hill Ct1242$568,7502,298 Sq.Ft.3/29/2025Cherry Hollow Ln333$932,0003,212 Sq.Ft.6/14/2021Cherry Indstrl Way1N/AN/AN/AN/A3/31/2021Cherrytree Ct1532$387,8671,302 Sq.Ft.12/7/2023Cherrywood Ct632$615,5002,387 Sq.Ft.12/4/2024Cheryl Ct732$439,1431,719 Sq.Ft.2/25/2025Cherylee Dr1032$447,4001,597 Sq.Ft.3/1/2022Cheryl Lynn Way1N/AN/AN/A39,024 Sq.Ft.12/27/2019Cheshire Ln622$688,0002,135 Sq.Ft.12/11/2019Chester Ave4731$360,6381,282 Sq.Ft.1/9/2025Chestnut St1722$308,5881,214 Sq.Ft.10/21/2024Cheviot Way553$1,962,8006,171 Sq.Ft.3/8/2017Cheyenne Ct632$533,0002,174 Sq.Ft.8/17/2023Chickadee Ct2032$381,3681,322 Sq.Ft.6/10/2025Chief Quinaby Ln233$869,0004,780 Sq.Ft.11/22/2016Chiefs Ct2522$247,167880 Sq.Ft.2/5/2025Childs Ave4121$408,5851,647 Sq.Ft.1/13/2025Chinook Ct2042$400,2001,703 Sq.Ft.4/6/2023Chippewa Ct1032$386,1001,507 Sq.Ft.11/25/2024Chive Ave1142$406,9091,787 Sq.Ft.5/27/2025Chrisman Ln343$762,0004,283 Sq.Ft.11/2/2005Chrissy Ct932$435,7781,424 Sq.Ft.6/28/2024Christen St323$1,292,3334,559 Sq.Ft.5/8/2014Christina St6643$610,0152,427 Sq.Ft.4/19/2025Christopher St1142$528,0001,887 Sq.Ft.8/21/2023Christy Ct432$852,2503,485 Sq.Ft.4/23/2015Chug Ln143$918,0002,773 Sq.Ft.9/7/2017Chukar Ct2932$466,4831,707 Sq.Ft.6/5/2023Chukar Pl433$557,5002,410 Sq.Ft.3/27/2024Churchdale Ave1N/A4N/A5,420 Sq.Ft.N/AChurchill Ave832$731,7503,142 Sq.Ft.9/10/2021Church St33821$422,6193,138 Sq.Ft.5/15/2025Cimarron Ct1332$502,6921,654 Sq.Ft.10/14/2024Cindercone Ct1032$600,3002,539 Sq.Ft.8/14/2023Cindy Pl632$445,3331,495 Sq.Ft.1/26/2016Cinnamon Hill Ct422$579,0002,410 Sq.Ft.6/21/2023Cinnamon Hill Dr6132$549,7872,123 Sq.Ft.4/11/2025Cinnamon Teal St1732$651,1182,226 Sq.Ft.7/12/2024Cinnibar St1432$472,7861,738 Sq.Ft.12/30/2024Circuit Rider Ln1232$1,677,8336,025 Sq.Ft.11/1/2024Cirrus Ct433$549,0002,246 Sq.Ft.4/21/2022Citation Dr3232$402,1881,524 Sq.Ft.4/22/2025Citrus Pl732$436,7141,536 Sq.Ft.10/20/2021C J Way542$846,2002,901 Sq.Ft.4/6/2017Clara Ct1432$397,2141,372 Sq.Ft.7/20/2023Clarence Ct1432$417,5001,408 Sq.Ft.5/7/2025Clarissa Ln431$1,353,7504,136 Sq.Ft.4/11/2025Clarmar Dr4631$375,3481,367 Sq.Ft.3/28/2023Clarmount Ct443$604,7503,309 Sq.Ft.9/28/2022Clarmount St5932$476,0681,925 Sq.Ft.10/4/2024Classico Ct1632$461,6251,594 Sq.Ft.3/10/2021Classic Way222$619,0002,875 Sq.Ft.1/13/2020Claude St3721$297,1621,020 Sq.Ft.9/21/2023Clausen Acres Ln275$3,255,0006,994 Sq.Ft.4/30/2025Claxter Ct331$914,00028,388 Sq.Ft.9/24/2019Claxter Rd3522$384,83311,420 Sq.Ft.5/20/2024Clay St1942$442,5713,495 Sq.Ft.5/7/2025Clearwater Ave2922$103,0691,052 Sq.Ft.N/ACleveland Ave1742$545,4122,210 Sq.Ft.7/11/2022Cloudburst Ave933$526,6672,041 Sq.Ft.9/11/2020Cloud Dr1522$572,3332,346 Sq.Ft.3/3/2025Cloudview Dr3322$606,3642,284 Sq.Ft.5/19/2025Clover Creek Dr1532$665,8572,114 Sq.Ft.2/26/2025Clover Valley Ct1432$863,7863,325 Sq.Ft.1/23/2024Club House Dr1N/AN/A$2,212,00030,290 Sq.Ft.2/21/2002Clydesdale Dr1132$369,0911,133 Sq.Ft.3/21/2024Coates Crest Way332$872,6674,687 Sq.Ft.8/21/2024Coates Dr1222$830,3642,951 Sq.Ft.6/1/2022Cobalt Ct632$451,5001,600 Sq.Ft.11/13/2024Cobalt Loop3032$460,2671,654 Sq.Ft.9/25/2024Cobbler Ct843$610,7502,510 Sq.Ft.6/26/2024Cobblestone St533$726,6002,771 Sq.Ft.2/28/2020Cobb Ln1022$1,150,6004,438 Sq.Ft.12/14/2018Cobos Creek Ln344$1,538,000220,123 Sq.Ft.3/12/2025Coburn St132$744,0002,574 Sq.Ft.1/8/2025Cockspur Ct532$355,4001,036 Sq.Ft.10/29/2021Coco St532$340,4001,213 Sq.Ft.9/16/2021Cody Ln312$657,3334,126 Sq.Ft.6/28/2021Coho Ave1532$592,9332,415 Sq.Ft.6/9/2025Coho Ct832$628,3752,279 Sq.Ft.8/8/2022Colby Ln242$620,5002,286 Sq.Ft.5/29/2020Coleman Way332$958,0003,527 Sq.Ft.4/16/2025Cole Rd5432$714,3883,551 Sq.Ft.4/24/2023Colgan Ct732$517,2862,051 Sq.Ft.6/23/2021Colleen St1132$347,5451,216 Sq.Ft.5/1/2025College Dr4432$444,5483,517 Sq.Ft.7/9/2024Collins St933$694,4442,687 Sq.Ft.9/14/2015Coloma Ct1932$422,9471,465 Sq.Ft.8/30/2022Coloma Dr6332$408,6291,464 Sq.Ft.4/23/2025Colonial Ave722$362,8571,504 Sq.Ft.12/8/2021Colony Ct921$584,3332,219 Sq.Ft.10/13/2023Colorado Dr733N/A5,946 Sq.Ft.9/29/2014Colson Ct773$597,7143,651 Sq.Ft.6/29/2021Colt Ln1N/AN/AN/A37,504 Sq.Ft.3/28/2007Colton Ln264$552,5002,574 Sq.Ft.8/3/20092390 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
233 24th St SESalem, OR 97301
Estimated Value $242,000
Living Area 880 SqFt
Beds 2
Baths 1
Year Built 1964
Property Type Condominium
Ownership Type Related
APN 566697
Neighborhood Southeast Salem
School District Salem-Keizer School District 24J
1715 Waller St SESalem, OR 97302
Estimated Value $296,000
Living Area 780 SqFt
Beds 2
Baths 1
Year Built 1947
Property Type Single Family
Ownership Type Individual
APN 571090
Neighborhood Southeast Salem
School District Salem-Keizer School District 24J
1567 Park Ave NESalem, OR 97301
Estimated Value $373,000
Living Area 1,744 SqFt
Beds 4
Baths 2
Year Built 1949
Property Type Single Family
Ownership Type Corporate
APN 527036
Neighborhood Northeast Salem
School District Salem-Keizer School District 24J
748 15th St NESalem, OR 97301
Estimated Value $370,000
Living Area 1,062 SqFt
Beds 2
Baths 1
Year Built 1926
Property Type Single Family
Ownership Type Related
APN 572130
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
410 18th St NESalem, OR 97301
Estimated Value $441,000
Living Area 1,080 SqFt
Beds 2
Baths 1
Year Built 1925
Property Type Single Family
Ownership Type Related
APN 595577
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
1598 Court St NESalem, OR 97301
Estimated Value $507,000
Living Area 988 SqFt
Beds 2
Baths 1
Year Built 1901
Property Type Single Family
Ownership Type Corporate
APN 527545
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
598 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
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
995 Garnet St NESalem, OR 97301
Estimated Value $458,000
Living Area 1,836 SqFt
Beds 3
Baths 3
Year Built 1949
Property Type Single Family
Ownership Type Individual
APN 587258
Neighborhood Northeast Neighbors
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
895 15th St NESalem, OR 97301
Estimated Value $337,000
Living Area 1,312 SqFt
Beds 1
Baths 1
Year Built 1930
Property Type Single Family
Ownership Type Individual
APN 526798
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
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
384 22nd St SESalem, OR 97301
Estimated Value $382,000
Living Area 1,621 SqFt
Beds 3
Baths 2
Year Built 1910
Property Type Single Family
Ownership Type Related
APN 568209
Neighborhood Southeast Salem
School District Salem-Keizer School District 24J
490 Academy St NESalem, OR 97301
Estimated Value $320,000
Living Area 1,260 SqFt
Beds 3
Baths 1.5
Year Built 1950
Property Type Single Family
Ownership Type Multiple
APN 578199
Neighborhood Highland
School District Salem-Keizer School District 24J