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
Crystal Ct932$754,4443,011 Sq.Ft.9/26/2019Crystal St1232$239,0911,646 Sq.Ft.6/19/2007C St721$354,286897 Sq.Ft.4/18/2023Cuckoo Ct1432$485,0711,799 Sq.Ft.8/14/2023Cultus Ave1432$478,5001,681 Sq.Ft.2/29/2024Cultus Ct932$439,0001,404 Sq.Ft.3/29/2023Culver Dr4532$682,0704,113 Sq.Ft.9/11/2024Culver Ln1621$470,6671,894 Sq.Ft.9/3/2024Culver Rd1N/AN/AN/AN/A12/16/2009Cumberland Ct4132$115,8161,264 Sq.Ft.N/ACumulus Ct933$594,4442,554 Sq.Ft.8/19/2021Cunningham Ln5232$504,0224,849 Sq.Ft.5/28/2025Currant Ln442$434,0001,626 Sq.Ft.7/26/2022Curtis Way213$511,0002,202 Sq.Ft.7/31/2023Cutter Ct542$552,8002,142 Sq.Ft.12/8/2010Cypress St832$387,4291,888 Sq.Ft.8/8/2024Dahlia Way632$1,071,2003,935 Sq.Ft.1/29/2024Dain Dr622$660,0003,231 Sq.Ft.5/15/2019Daiquiri Ave1732$475,3532,098 Sq.Ft.12/13/2022Daisy Ln943$690,8892,742 Sq.Ft.7/5/2023Dakota Ct1332$391,6921,293 Sq.Ft.5/29/2024Dakota Rd7432$414,8191,540 Sq.Ft.1/2/2025Dale Ave442$639,0002,561 Sq.Ft.12/1/2021Daleview Rd622$913,1673,413 Sq.Ft.4/2/2025Dalke Ct1332$435,2501,724 Sq.Ft.3/3/2021Dalke Ridge Ct1632$605,3752,481 Sq.Ft.3/25/2025Dalke Ridge Dr6243$577,0002,415 Sq.Ft.11/22/2024Danalee St342$381,6671,349 Sq.Ft.8/19/2014Dan Ave1232$503,6671,908 Sq.Ft.3/22/2022Dancers Ct832$422,7501,357 Sq.Ft.7/8/2022Daniel St1832$431,3331,411 Sq.Ft.9/25/2024Danwood Ln1N/AN/A$346,000252 Sq.Ft.N/ADarcy St822$535,5001,923 Sq.Ft.9/9/2021Darina Way153$458,0002,240 Sq.Ft.N/ADark Forest Pl1432$244,1431,347 Sq.Ft.8/19/2022Darlene St242$354,5001,365 Sq.Ft.2/4/2016Darling St1532$860,8573,638 Sq.Ft.4/8/2025Darrin Ct1032$534,0001,907 Sq.Ft.1/15/2025Darrin St1632$543,5631,952 Sq.Ft.9/28/2023Davcor St12N/AN/AN/A4,767 Sq.Ft.12/9/2020Dave St232$314,5001,378 Sq.Ft.9/13/2024Davidson St1621$360,1881,271 Sq.Ft.11/25/2024Davis Rd5332$541,1154,787 Sq.Ft.5/16/2025Dawn St931$337,1111,104 Sq.Ft.3/30/2021Deana St322$477,6671,855 Sq.Ft.4/1/2011Dean Ct432$763,7502,577 Sq.Ft.10/29/2019Dean St1232$368,8181,297 Sq.Ft.11/13/2024Dearborn Ave132$417,0001,384 Sq.Ft.11/3/2014Debbie Way832$385,8751,713 Sq.Ft.8/22/2019Debra Ct343$575,6672,729 Sq.Ft.2/12/2016Deepwood Ln2143$1,366,0003,391 Sq.Ft.12/12/2024Deepwood Loop3332$282,9391,339 Sq.Ft.5/29/2024Deepwood Pl1522$239,6671,257 Sq.Ft.12/6/2022Deerfield Ct322$1,133,3334,060 Sq.Ft.5/19/2010Deerfield Dr1422$1,024,6433,558 Sq.Ft.8/27/2024Deerhaven Dr1N/AN/AN/A46,143 Sq.Ft.N/ADeerhorn Ct931$363,3331,218 Sq.Ft.3/11/2025Deering Dr1733$560,7652,441 Sq.Ft.3/8/2023Deer Lake Ct4022$1,070,8253,769 Sq.Ft.4/7/2023Deer Park Dr1487$678,33341,348 Sq.Ft.5/23/2017Deer Run Ave332$1,070,6674,310 Sq.Ft.10/22/2004Deerwind Ave2643$538,9622,041 Sq.Ft.6/24/2024Deerwind Ct1432$468,8571,688 Sq.Ft.5/7/2025Deglow Ln2N/AN/A$350,000N/A7/21/2023Delaney Rd4332$786,6674,349 Sq.Ft.5/12/2025Delmar Dr2821$360,5561,272 Sq.Ft.3/11/2025Delphinium Pl322$520,0008,216 Sq.Ft.12/20/2017Del St164$614,0002,238 Sq.Ft.N/ADelton Ln132$487,0002,111 Sq.Ft.4/16/2018Del Villa St1N/AN/AN/A23,924 Sq.Ft.3/31/2015Del Webb Ave13N/AN/AN/A28,540 Sq.Ft.5/15/2024Denali St1222$781,5002,446 Sq.Ft.1/10/2025Denise Ct1231$364,1671,008 Sq.Ft.1/29/2025Denise St2031$365,7001,008 Sq.Ft.5/28/2025Denver Ave2N/AN/AN/A4,000 Sq.Ft.6/20/2006Denver Pl4N/AN/AN/A9,261 Sq.Ft.N/ADeon Ln443$1,154,7503,384 Sq.Ft.6/29/2022Depot Ct3N/AN/AN/A742,263 Sq.Ft.6/28/2019Derby Ct832$406,1251,463 Sq.Ft.4/9/2024Derksen Hill Rd732$757,4292,891 Sq.Ft.5/19/2023Derting Ln343$1,127,6674,725 Sq.Ft.9/22/2011Deschutes Rd144$2,190,00010,584 Sq.Ft.N/ADesert Deer Ave1232$458,6671,666 Sq.Ft.9/11/2023Desiree Ct542$738,4002,370 Sq.Ft.12/23/2020Destiny Ln413$523,0005,699 Sq.Ft.4/4/2025Devon Ave1532$850,5833,678 Sq.Ft.5/24/2024Devonshire Ave6N/AN/AN/A16,090 Sq.Ft.N/ADevonshire Ct2N/AN/AN/A89,768 Sq.Ft.N/ADewpointe St1822$549,1112,008 Sq.Ft.3/13/2025Diamond Ct1932$474,1581,903 Sq.Ft.3/14/2025Diamond Peak Ct1042$628,6002,426 Sq.Ft.5/17/2023Dian Ave1732$459,0591,744 Sq.Ft.5/20/2025Diane Ln422$667,2503,116 Sq.Ft.5/9/2005Dianne Dr732$391,0001,435 Sq.Ft.3/30/2021Discovery Pl253N/A3,593 Sq.Ft.4/24/2001Dishion Ct321$779,3333,025 Sq.Ft.12/15/2004Distinctive Ct1033$522,4002,242 Sq.Ft.5/17/2024Division St7N/AN/A$526,00037,128 Sq.Ft.12/18/2014Dixie Ave1732$386,6471,317 Sq.Ft.9/3/2024Doaks Ferry Rd9232$577,9747,004 Sq.Ft.2/25/2025205 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
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
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
191 Victoria Dr NESalem, OR 97301
Estimated Value $432,000
Living Area 1,555 SqFt
Beds 3
Baths 2
Year Built 1965
Property Type Single Family
Ownership Type Trust
APN 588105
Neighborhood Northeast Neighbors
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
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
585 Richmond Ave SESalem, OR 97301
Estimated Value $354,000
Living Area 962 SqFt
Beds 4
Baths 2
Year Built 1925
Property Type Single Family
Ownership Type Individual
APN 587350
Neighborhood Southeast Salem
School District Salem-Keizer School District 24J
1997 23rd St NESalem, OR 97301
Estimated Value $357,000
Living Area 960 SqFt
Beds 2
Baths 1
Year Built 1950
Property Type Single Family
Ownership Type Individual
APN 581612
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
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
2348 Myrtle Ave NESalem, OR 97301
Estimated Value $334,000
Living Area 1,444 SqFt
Beds 1
Baths 1.5
Year Built 1920
Property Type Single Family
Ownership Type Individual
APN 577186
Neighborhood Highland
School District Salem-Keizer School District 24J
1510 15th St NESalem, OR 97301
Estimated Value $355,000
Living Area 1,462 SqFt
Beds 2
Baths 1.5
Year Built 1951
Property Type Single Family
Ownership Type Multiple
APN 567703
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
774 18th St SESalem, OR 97301
Estimated Value $263,000
Living Area 1,046 SqFt
Beds 3
Baths 1
Year Built 1920
Property Type Single Family
Ownership Type Related
APN 583187
Neighborhood Southeast Salem
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
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
1685 Madison St NESalem, OR 97301
Estimated Value $320,000
Living Area 937 SqFt
Beds 2
Baths 1
Year Built 1937
Property Type Single Family
Ownership Type Individual
APN 588147
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J