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
Bradford Loop1722$665,1762,503 Sq.Ft.3/21/2024Bradley Dr1121$337,3001,038 Sq.Ft.3/31/2024Brady Ct5N/AN/AN/A14,012 Sq.Ft.3/16/2022Bramble Ct832$359,0001,115 Sq.Ft.1/4/2024Breanna Ln332$312,0001,598 Sq.Ft.6/27/2024Breckenridge St1143$625,5452,506 Sq.Ft.6/28/2023Breitenbush Ave2542$450,6401,812 Sq.Ft.2/6/2025Bren Loop6232$140,8521,410 Sq.Ft.N/ABrenna Ave1431$365,2141,231 Sq.Ft.10/17/2024Brenner St3532$401,9711,610 Sq.Ft.6/5/2025Brentwood Dr432$345,5001,886 Sq.Ft.N/ABrewster Ave922$866,6673,053 Sq.Ft.8/25/2023Brewster Ct1032$810,4003,390 Sq.Ft.5/29/2024Breyman St2621$327,3601,301 Sq.Ft.12/6/2024Breys Ave4721$366,5531,258 Sq.Ft.5/7/2025Briana Ct1142$500,1821,917 Sq.Ft.6/16/2022Briar Ct1132$385,5451,270 Sq.Ft.9/16/2024Briarwood St843$935,5003,082 Sq.Ft.8/14/2024Bridgeport Ave1932$521,0532,091 Sq.Ft.10/29/2024Bridlewood Way411$883,0003,365 Sq.Ft.2/24/2017Brightwood Ct621$635,5002,977 Sq.Ft.5/25/2021Brink Ave2332$378,7391,362 Sq.Ft.5/27/2025Brink Ct832$384,2501,265 Sq.Ft.4/29/2024Brittany Way1N/AN/AN/A42,836 Sq.Ft.12/29/2015Broadmore Ave3622$90,9121,002 Sq.Ft.N/ABroadview Ct733N/A3,126 Sq.Ft.2/12/2020Broadview Ln643N/A4,206 Sq.Ft.3/4/2025Broadway St13932$434,7645,255 Sq.Ft.6/4/2025Brock Loop831$763,2502,893 Sq.Ft.4/14/2023Brogan Ave732$445,0001,708 Sq.Ft.3/6/2019Broken Arrow Loop2033$526,0502,287 Sq.Ft.12/23/2024Broken Wheel Ct732$674,0002,610 Sq.Ft.2/26/2021Bronco Dr742$652,5712,843 Sq.Ft.12/19/2020Brooklake Rd13333$655,2548,437 Sq.Ft.4/21/2025Brooks Ave7421$379,5002,271 Sq.Ft.12/16/2024Brookside Ave2442$523,6672,040 Sq.Ft.9/16/2021Brookvale Ave1023$365,0001,461 Sq.Ft.10/10/2024Brookwood St1732$403,3531,256 Sq.Ft.9/21/2020Browning Ave14832$461,8382,248 Sq.Ft.5/30/2025Brown Island Rd124$1,000,00035,364 Sq.Ft.N/ABrown Rd10732$355,4481,547 Sq.Ft.1/17/2025Bruce St1821$370,1111,340 Sq.Ft.11/9/2021Brush College Rd11443$939,6575,249 Sq.Ft.3/1/2023Brushwood Ct832$426,3752,089 Sq.Ft.2/10/2023Bryan St1532$444,4001,649 Sq.Ft.5/20/2020Bryce St532$479,2001,429 Sq.Ft.12/11/2020B St3421$358,6563,049 Sq.Ft.1/30/2025Buckboard Ct1432$389,5711,339 Sq.Ft.4/25/2025Buckhorn Ct2532$374,3201,247 Sq.Ft.6/21/2023Buckskin Ct532$373,2001,206 Sq.Ft.8/12/2016Buddie Ln332$346,0001,167 Sq.Ft.10/12/2015Buena Crest Ln254$890,5004,657 Sq.Ft.6/5/2019Buffalo Ct1921$314,684990 Sq.Ft.10/9/2024Buffalo Dr3232$394,5163,356 Sq.Ft.12/31/2024Bunker Hill Rd2532$839,0913,639 Sq.Ft.10/30/2023Bunker Ln333$1,316,6678,242 Sq.Ft.11/17/2020Bunker Ridge Rd1322$1,054,8463,801 Sq.Ft.10/1/2020Burley Hill Dr5532$527,4732,083 Sq.Ft.8/19/2024Burley Hill Loop1433$471,5001,681 Sq.Ft.5/28/2025Burlington Ct932$484,5562,162 Sq.Ft.10/20/2023Burlington Loop3131$362,1291,179 Sq.Ft.7/28/2022Burlington St3232$385,0001,331 Sq.Ft.10/20/2023Burlwood Loop2132$407,0481,680 Sq.Ft.7/10/2024Burma Ct1132$394,0001,443 Sq.Ft.11/8/2023Burnett Ln632$839,3333,768 Sq.Ft.12/17/2024Burnett St1143$705,5002,958 Sq.Ft.3/20/2025Burning Tree Dr1122$1,018,6362,669 Sq.Ft.10/27/2018Burns Ave1532$449,1331,568 Sq.Ft.5/26/2022Burntwood Ct1832$374,2221,207 Sq.Ft.2/18/2021Burright Ln1N/AN/AN/A18,745 Sq.Ft.10/31/2013Burton Pl932$1,004,1116,570 Sq.Ft.9/27/2019Bush St1432$489,4446,939 Sq.Ft.12/29/2022Buster Ln332$389,6671,334 Sq.Ft.10/11/2023Butte Ct2032$375,0501,164 Sq.Ft.3/18/2025Buttercup Ave1632$436,2501,801 Sq.Ft.8/22/2023Buttercup Ct832$422,7501,588 Sq.Ft.5/12/2015Butterfly Ave1542$658,4002,431 Sq.Ft.2/7/2024Buttonwood Ct1632$457,8751,624 Sq.Ft.3/27/2025Byers St132$1,023,0004,786 Sq.Ft.7/15/2021Byram St4431$352,5911,269 Sq.Ft.5/14/2025Cabin Ct832$424,3751,437 Sq.Ft.7/2/2021Cabos Way322$742,6672,773 Sq.Ft.6/27/2019Cade St842$436,0002,508 Sq.Ft.6/11/2010Cadmus Ct242$364,5001,581 Sq.Ft.4/26/2005Cains Pl112N/A6,201 Sq.Ft.N/ACaleb St1032$640,1002,526 Sq.Ft.6/27/2024Calmar Ct111$372,0001,800 Sq.Ft.2/23/2004Calvert Ct521$860,6003,232 Sq.Ft.2/10/2023Camas Ct322$430,3331,665 Sq.Ft.11/10/2021Cambridge Dr1822$722,3892,798 Sq.Ft.3/14/2025Camellia Dr11032$555,3002,128 Sq.Ft.4/28/2025Camelot Ct1232$383,5001,418 Sq.Ft.6/20/2021Camelot Dr963$943,7784,345 Sq.Ft.2/1/2022Cameo St1831$343,4123,861 Sq.Ft.1/24/2024Camishaun Ct1632$421,1251,584 Sq.Ft.6/25/2024Campbell Dr7632$390,5223,888 Sq.Ft.6/27/2024Campus Ct1731$345,5881,125 Sq.Ft.8/10/2021Campus Loop2N/AN/A$896,00024,354 Sq.Ft.9/6/2019Camry Ct1332$405,6151,370 Sq.Ft.4/18/2024Canary Ct1832$405,5561,401 Sq.Ft.11/1/2023765 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
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
1120 Columbia St NESalem, OR 97301
Estimated Value $418,000
Living Area 1,966 SqFt
Beds 1
Baths 1.5
Year Built 1940
Property Type Single Family
Ownership Type Individual
APN 570137
Neighborhood Highland
School District Salem-Keizer School District 24J
1695 4th St NESalem, OR 97301
Estimated Value $266,000
Living Area 1,076 SqFt
Beds 1
Baths 1
Year Built 1925
Property Type Single Family
Ownership Type Related
APN 584472
Neighborhood Grant
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
1734 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
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
1018 Park Ave NESalem, OR 97301
Estimated Value $275,000
Living Area 810 SqFt
Beds 2
Baths 1
Year Built 1947
Property Type Single Family
Ownership Type Individual
APN 527223
Neighborhood Northeast 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
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
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
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
2142 Bruce St NESalem, OR 97301
Estimated Value $350,000
Living Area 1,416 SqFt
Beds 2
Baths 1
Year Built 1946
Property Type Single Family
Ownership Type Individual
APN 527108
Neighborhood Lansing
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
1981 Warner St NESalem, OR 97301
Estimated Value $242,000
Living Area 570 SqFt
Beds 2
Baths 1
Year Built 1941
Property Type Single Family
Ownership Type Individual
APN 586666
Neighborhood Highland
School District Salem-Keizer School District 24J
1450 21st St NESalem, OR 97301
Estimated Value $448,000
Living Area 3,000 SqFt
Beds 3
Baths 1.5
Year Built 1953
Property Type Single Family
Ownership Type Individual
APN 585243
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J