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
Dockery Ct632$591,8332,159 Sq.Ft.5/29/2025Doe Ct1233$587,4172,515 Sq.Ft.5/24/2024Dogwood Ct1132$672,4553,040 Sq.Ft.9/13/2023Dogwood Dr8432$650,7742,496 Sq.Ft.2/6/2025Doloris Ct1132$405,1821,513 Sq.Ft.7/18/2022Dolphin Ave832$414,7501,280 Sq.Ft.4/29/2025Dome Rock Ct932$559,0002,135 Sq.Ft.1/10/2023Donald St731$366,2001,411 Sq.Ft.2/29/2024Donalyn Ln132$367,0001,063 Sq.Ft.N/ADonalyn St932$379,8891,158 Sq.Ft.12/1/2023Donna Ave1521$339,2861,364 Sq.Ft.3/26/2024Donnan Pl1032$400,7001,128 Sq.Ft.9/22/2021Doogan Ct932$499,0001,905 Sq.Ft.8/5/2021Dorado Ct632$539,1672,142 Sq.Ft.12/1/2021Doral Dr5332$508,0191,890 Sq.Ft.2/12/2025Dorchester Dr1432$536,7141,989 Sq.Ft.11/5/2020Dorfs Ave532$388,2001,845 Sq.Ft.2/9/2023Doris Ave932$509,7501,844 Sq.Ft.7/25/2024Doris Loop621$479,8331,953 Sq.Ft.6/16/2023Dorothy St431$346,7501,008 Sq.Ft.5/19/2020Dorrance Loop3432$433,6471,471 Sq.Ft.9/18/2024Dorrance St532$431,8001,380 Sq.Ft.1/22/2025Dorval Ave843$448,3333,114 Sq.Ft.7/23/2024Dory Dr132$720,0001,516 Sq.Ft.N/ADoug Fir Ln222$903,0003,824 Sq.Ft.9/9/2021Doughton St3922$538,2562,053 Sq.Ft.8/26/2024Douglas Ave2532$433,4171,437 Sq.Ft.9/19/2024Dove Ave1232$403,1671,403 Sq.Ft.5/23/2025Dove Ct732$387,0001,385 Sq.Ft.9/24/2021Dover Ave3331$341,7001,290 Sq.Ft.2/16/2022Dovetail Ct832$248,2501,179 Sq.Ft.5/18/2022Dovich Ln522$679,2003,290 Sq.Ft.9/16/2020Downs St822$781,7503,113 Sq.Ft.1/6/2023Dragon Fly Ct822$584,5002,144 Sq.Ft.1/29/2024Dragonfly Ln221$683,5003,293 Sq.Ft.2/24/2020Drake Ct1532$363,1431,204 Sq.Ft.8/17/2023Drakes Rd132$638,0002,376 Sq.Ft.N/ADraper St3321$347,0001,216 Sq.Ft.5/30/2025Dreamerie Ln932$411,0001,551 Sq.Ft.7/6/2021Drew Ct633$457,8331,701 Sq.Ft.1/7/2022Drew St3532$578,8572,064 Sq.Ft.5/13/2025Driftwood Ct732$386,7141,578 Sq.Ft.6/12/2025Drury Ln342$1,464,5004,497 Sq.Ft.5/27/2015D St15232$445,5573,251 Sq.Ft.3/28/2025Duane Dr2832$515,8212,133 Sq.Ft.12/28/2021Dublin Ave922$721,5562,965 Sq.Ft.3/20/2025Duchess Ct1232$368,8331,222 Sq.Ft.2/27/2023Duch Ln432$378,0001,180 Sq.Ft.7/27/2009Duck Inn Rd342$106,0004,308 Sq.Ft.9/21/2006Dudley Ave822$506,6252,077 Sq.Ft.2/17/2023Duffield Heights Ave2032$481,7501,813 Sq.Ft.6/4/2024Duke Ct732$374,8571,151 Sq.Ft.7/6/2023Dunbar Ave732$594,0002,053 Sq.Ft.1/8/2025Duncan Ave5721$368,3211,498 Sq.Ft.5/21/2025Duniway Ct1532$600,4002,116 Sq.Ft.12/6/2024Dunsmere St932$713,8892,961 Sq.Ft.10/7/2024Duplex Ct1132$412,7271,784 Sq.Ft.4/8/2025Duplex Dr822$418,5001,609 Sq.Ft.5/3/2021Durango Ct832$437,2501,480 Sq.Ft.8/19/2024Durbin Ave4932$363,1671,531 Sq.Ft.9/27/2024Dustin Ct432$404,0001,417 Sq.Ft.7/28/2020Dusty Pl632$436,8331,596 Sq.Ft.8/14/2023Dutchman St732$259,8571,345 Sq.Ft.3/19/2020Dutch Oven Ave1143$693,8182,927 Sq.Ft.5/28/2024Dwight Dr1131$410,4551,387 Sq.Ft.7/9/2024Eagle Cap St2032$431,4001,621 Sq.Ft.3/13/2025Eagle Crest Rd4243$1,087,5453,617 Sq.Ft.10/30/2024Eagle Ct532$371,4001,144 Sq.Ft.8/20/2019Eagle Dance St833$533,5001,797 Sq.Ft.11/27/2024Eagle Eye Ave2442$647,5832,619 Sq.Ft.9/24/2024Eagle Feather Ct632$554,8331,910 Sq.Ft.3/18/2020Eagle Feather St4542$595,8442,336 Sq.Ft.1/30/2025Eagle Nest St443$607,0002,871 Sq.Ft.6/29/2021Eagle Ray Ct842$577,2502,008 Sq.Ft.6/7/2024Eagle Ridge Ave842$571,0002,129 Sq.Ft.5/1/2025Eagles Claw Ave543$640,8002,493 Sq.Ft.4/13/2022Eagle Scout Ct842$659,8752,423 Sq.Ft.1/5/2021Eagle Scout St642$616,3332,258 Sq.Ft.11/3/2020Eagles Wing St2443$636,9582,679 Sq.Ft.1/28/2025Eaglet Ct1043$628,9002,920 Sq.Ft.3/8/2022Eaglet St1643$728,4382,704 Sq.Ft.6/10/2024Eagle View Dr2533$527,4802,150 Sq.Ft.4/8/2024Earhart St1521$412,4671,340 Sq.Ft.11/7/2024Earle Ave764$557,0002,793 Sq.Ft.5/6/2024Earth Pl2342$494,0431,981 Sq.Ft.7/17/2024East Ave1121$343,2731,253 Sq.Ft.12/2/2022Eastbrook Ct1232$392,1671,273 Sq.Ft.6/29/2022Eastlake Ct722$459,0001,358 Sq.Ft.10/22/2021Eastlake Dr4332$530,5582,089 Sq.Ft.1/16/2025Eastland Ave1033$576,6253,190 Sq.Ft.5/26/2021Eastland Pl1232$393,7501,469 Sq.Ft.6/29/2023Eaststar Ct1532$431,0001,616 Sq.Ft.3/18/2025Eastview Dr432$411,2501,373 Sq.Ft.8/15/2019Ebony Ln332$503,5004,389 Sq.Ft.11/18/2021Echo Ct432N/A2,217 Sq.Ft.8/4/2021Echo Dr1433N/A3,774 Sq.Ft.11/5/2024Eddy Ave1231$335,8331,032 Sq.Ft.2/24/2025Eddy Ct731$345,2861,128 Sq.Ft.7/7/2020Edelweis Ln253$890,5003,892 Sq.Ft.8/30/2006Eden St3822$97,0001,143 Sq.Ft.N/A375 17th St SESalem, OR 97301
Estimated Value $260,000
Living Area 1,159 SqFt
Beds 3
Baths 1
Year Built 1905
Property Type Single Family
Ownership Type Individual
APN 568388
Neighborhood Southeast Salem
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
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
925 Madison St NESalem, OR 97301
Estimated Value $325,000
Living Area 1,356 SqFt
Beds 1
Baths 2
Year Built 1928
Property Type Single Family
Ownership Type Individual
APN 584768
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
2730 Alberta Ave NESalem, OR 97301
Estimated Value $276,000
Living Area 1,809 SqFt
Beds 4
Baths 2
Year Built 1993
Property Type Manufactured Homes
Ownership Type Mixed
APN 527035
Neighborhood Northeast Salem
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
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
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
2087 Warner St NESalem, OR 97301
Estimated Value $321,000
Living Area 1,560 SqFt
Beds 2
Baths 2
Year Built 1948
Property Type Single Family
Ownership Type Related
APN 586649
Neighborhood Highland
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
586 Market St NESalem, OR 97301
Estimated Value $253,000
Living Area 672 SqFt
Beds 2
Baths 1
Year Built 1925
Property Type Single Family
Ownership Type Related
APN 584300
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
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
1815 Capitol St NESalem, OR 97301
Estimated Value $322,000
Living Area 1,150 SqFt
Beds 3
Baths 1
Year Built 1920
Property Type Single Family
Ownership Type Individual
APN 577394
Neighborhood Highland
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