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
Eden Way343N/A3,384 Sq.Ft.1/27/2021Edgecrest Ct1132$418,7001,404 Sq.Ft.4/28/2023Edgehill Ct532$428,2001,421 Sq.Ft.9/21/2022Edgewater St55111N/A7,962 Sq.Ft.9/16/2022Edgewood Ave3131$422,1941,766 Sq.Ft.1/23/2025Edina Ln3521$338,3711,244 Sq.Ft.11/18/2024Edith Ave721$358,1431,261 Sq.Ft.10/1/2024Edmond Ln431$489,0003,865 Sq.Ft.9/18/2020Edmunson Dr1432$1,022,0004,992 Sq.Ft.11/2/2022Edward Dr3332$443,7741,811 Sq.Ft.10/8/2024Edwin Ct232$406,5001,436 Sq.Ft.5/9/2012Effie Ln542$397,8001,633 Sq.Ft.N/AEgret Ave1322$643,9232,432 Sq.Ft.4/24/2023Eider Ave2322$674,9572,436 Sq.Ft.4/18/2023Eileen St242$441,0001,756 Sq.Ft.12/10/2021Eisenhower Ct733$513,5712,002 Sq.Ft.8/8/2024Eisenhower Dr5032$554,2602,226 Sq.Ft.4/17/2025Ekonie Ln622$1,459,3334,418 Sq.Ft.8/19/2021El Cedro Loop2832$255,6431,246 Sq.Ft.5/21/2025El Cedro St1822$248,8821,306 Sq.Ft.12/7/2017Elderberry Dr5732$677,1582,586 Sq.Ft.1/31/2025Elder St2453$570,7082,442 Sq.Ft.10/25/2023Eldin Ave2631$340,2311,205 Sq.Ft.1/21/2025El Dorado Ct421$817,5002,843 Sq.Ft.7/15/2021El Dorado Loop2322$1,132,1303,674 Sq.Ft.8/24/2022Electric Ave3221$394,5941,470 Sq.Ft.10/28/2024Electric St3231$307,7191,051 Sq.Ft.5/12/2025Elf Ave832$823,0003,154 Sq.Ft.9/3/2021Elk Ct1032$397,5001,433 Sq.Ft.3/11/2022Elkhorn Ct463$493,5002,352 Sq.Ft.5/6/2024Elkhorn Dr1932$385,3681,419 Sq.Ft.12/28/2022Elkins Way322$796,0004,500 Sq.Ft.10/7/2019Elk River St532$400,8001,320 Sq.Ft.11/8/2021Ella Ln432$422,0001,493 Sq.Ft.2/24/2025Ellen Ct532$520,8001,854 Sq.Ft.2/15/2023Ellen Ln3343$559,3132,270 Sq.Ft.12/3/2024Elliot St4443$590,2952,455 Sq.Ft.5/8/2025Ellis Ave4631$383,0223,480 Sq.Ft.12/23/2024Ellisons Way532$354,8001,313 Sq.Ft.1/12/2022Ellis Way1621$152,000690 Sq.Ft.N/AElma Ave9121$358,8491,987 Sq.Ft.5/16/2025Elma Ct532$385,2001,121 Sq.Ft.5/22/2025Elma St132$364,0001,910 Sq.Ft.N/AElmhurst Ave554$646,2503,301 Sq.Ft.6/10/2022Elm St7632$353,5621,799 Sq.Ft.5/27/2025Elmwood Dr1932$398,6841,275 Sq.Ft.10/1/2024Elmwood St121$334,0001,472 Sq.Ft.N/AEl Rancho Ave532$343,4001,335 Sq.Ft.8/16/2022Elser Ct632$554,1672,205 Sq.Ft.5/15/2025Elser Dr2032$465,2001,620 Sq.Ft.5/19/2025Elsie Ct531$344,0001,045 Sq.Ft.2/4/2020Embassy Way1N/AN/AN/A57,788 Sq.Ft.9/22/2015Emerald Dr3133$823,0003,790 Sq.Ft.2/29/2024Emily Ave2643$631,6922,923 Sq.Ft.7/23/2024Emily Grace Ln1N/AN/A$647,000N/AN/AEmmett Dr2332$562,0872,338 Sq.Ft.4/5/2024Emmons Dr1832$386,2221,376 Sq.Ft.12/27/2024Emmons St332$405,0001,466 Sq.Ft.7/4/2019Empire St1732$422,7061,556 Sq.Ft.7/13/2022Empress Way321$274,000700 Sq.Ft.4/26/2017Enclid St1022$456,0002,387 Sq.Ft.8/21/2024Engel Ave733$544,0002,267 Sq.Ft.1/3/2025Engel Ct1732$451,7651,694 Sq.Ft.12/15/2021Englewood Ave3921$384,8971,498 Sq.Ft.3/28/2025Enterprise Dr742$486,5712,029 Sq.Ft.7/19/2023Eola Dr9943$637,4313,954 Sq.Ft.9/3/2024Equestrian Loop12132$512,1741,732 Sq.Ft.6/9/2025Eric Ct1232$491,0832,064 Sq.Ft.10/3/2022Erin Valley Ave1532$571,6672,124 Sq.Ft.7/28/2022Erixon St541$353,5005,784 Sq.Ft.8/23/2024Essex St3622$81,7221,038 Sq.Ft.N/AE St2921$454,7501,927 Sq.Ft.10/16/2024Estate Ct832$460,6251,728 Sq.Ft.11/12/2021Esther Ave432$390,5001,464 Sq.Ft.4/7/2025Ethan Ave642$552,8331,981 Sq.Ft.5/20/2024Etomina Ln432$1,552,2504,702 Sq.Ft.8/11/2022Etta Dr1N/AN/AN/A69,444 Sq.Ft.N/AEva Ct232$447,0002,010 Sq.Ft.1/26/2018Evangelista St2432$708,7082,119 Sq.Ft.6/13/2023Evanston St2N/AN/AN/A7,390 Sq.Ft.2/1/2001Evelyn Ave1631$332,9381,297 Sq.Ft.3/8/2023Evelyn Valley St1432$517,9291,740 Sq.Ft.6/13/2023Everett Dr832$667,8753,565 Sq.Ft.1/31/2025Evergreen Ave19932$379,5701,851 Sq.Ft.4/24/2025Evergreen Ct1332$340,6921,139 Sq.Ft.4/8/2025Evesham Ln722$668,1432,327 Sq.Ft.10/9/2023Evie Jean St2232$423,2271,370 Sq.Ft.6/14/2023Ewald Ave16432$455,5133,290 Sq.Ft.3/14/2025Exmoor Ct1522$390,4671,285 Sq.Ft.2/28/2024Exodus St1932$511,7891,898 Sq.Ft.8/19/2024Explorer Pl332$485,6671,665 Sq.Ft.12/15/2021Ezra Ln832$432,7504,821 Sq.Ft.3/22/2024Fabry Rd6432$417,8622,713 Sq.Ft.5/13/2025Fairbanks Ct1332$582,1542,300 Sq.Ft.6/24/2021Fairbanks St632$543,0002,082 Sq.Ft.10/18/2021Faircrest Ct1332$392,6921,248 Sq.Ft.1/20/2025Fairfax Ct422$596,2502,626 Sq.Ft.7/16/2020Fairfield Ave431$364,0001,160 Sq.Ft.N/AFairfield Ct632$388,1671,240 Sq.Ft.10/9/2019Fairgrounds Rd4721$310,5004,393 Sq.Ft.9/29/20231517 Court St NESalem, OR 97301
Estimated Value $707,000
Living Area 3,098 SqFt
Beds 4
Baths 1
Year Built 1892
Property Type Single Family
Ownership Type Related
APN 595778
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
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
135 Wander Way SESalem, OR 97301
Estimated Value $336,000
Living Area 1,038 SqFt
Beds 3
Baths 2
Year Built 2002
Property Type Single Family
Ownership Type Individual
APN 527596
Neighborhood Southeast Salem
School District Salem-Keizer School District 24J
1765 Winter St NESalem, OR 97301
Estimated Value $606,000
Living Area 2,842 SqFt
Beds 2
Baths 1
Year Built 1928
Property Type Single Family
Ownership Type Individual
APN 586342
Neighborhood Grant
School District Salem-Keizer School District 24J
1525 19th St NESalem, OR 97301
Estimated Value $385,000
Living Area 1,419 SqFt
Beds 3
Baths 1
Year Built 1929
Property Type Single Family
Ownership Type Individual
APN 579970
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
2360 Park Ave NESalem, OR 97301
Estimated Value $350,000
Living Area 1,042 SqFt
Beds 3
Baths 1
Year Built 1973
Property Type Single Family
Ownership Type Individual
APN 565352
Neighborhood Lansing
School District Salem-Keizer School District 24J
2230 Breyman St NESalem, OR 97301
Estimated Value $282,000
Living Area 915 SqFt
Beds 2
Baths 1
Year Built 1939
Property Type Single Family
Ownership Type Individual
APN 323322
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
298 15th St SESalem, OR 97301
Estimated Value $390,000
Living Area 1,819 SqFt
Beds 1
Baths 2
Year Built 1916
Property Type Single Family
Ownership Type Individual
APN 595191
Neighborhood Southeast Salem
School District Salem-Keizer School District 24J
443 17th St NESalem, OR 97301
Estimated Value $321,000
Living Area 916 SqFt
Beds 2
Baths 1
Year Built 1949
Property Type Single Family
Ownership Type Related
APN 596491
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
595 20th St NESalem, OR 97301
Estimated Value $370,000
Living Area 1,539 SqFt
Beds 1
Baths 1
Year Built 1910
Property Type Single Family
Ownership Type Related
APN 574390
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
765 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
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
990 20th St NESalem, OR 97301
Estimated Value $409,000
Living Area 1,513 SqFt
Beds 2
Baths 1.5
Year Built 1925
Property Type Single Family
Ownership Type Individual
APN 572398
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J