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
Hudson Ave4732$365,4091,652 Sq.Ft.5/6/2025Huff Ave10N/AN/AN/A7,322 Sq.Ft.7/12/2024Hulsey Ave6821$432,6621,786 Sq.Ft.12/4/2024Hulsey Ct1032$444,0001,671 Sq.Ft.3/23/2023Hummingbird St432$521,0002,686 Sq.Ft.1/17/2023Huntington Cir7222$365,4861,627 Sq.Ft.9/26/2024Hunt St212$315,0001,388 Sq.Ft.11/20/2024Huron Ct532$535,0002,625 Sq.Ft.3/25/2021Huston Pl132$731,0004,134 Sq.Ft.5/7/2014Hyacinth St3521$472,77814,965 Sq.Ft.5/28/2025Hyde Ct422$348,6675,921 Sq.Ft.8/10/2016Hyde St4221$331,2001,137 Sq.Ft.12/18/2024Hylo Ln432$978,7503,519 Sq.Ft.5/23/2019Hylo Rd4432$663,1403,641 Sq.Ft.10/25/2023Ian Ave1432$555,4292,125 Sq.Ft.7/13/2021Iberis St2332$719,9133,928 Sq.Ft.7/13/2024Ibex St3132$470,7002,167 Sq.Ft.2/10/2025Ibis Ct341$438,5001,324 Sq.Ft.11/28/2021Ibis St2532$424,5201,633 Sq.Ft.1/27/2025Ibsen St1032$480,1001,989 Sq.Ft.4/29/2024Icabod Ct1732$283,9411,343 Sq.Ft.5/20/2025Icabod St2822$259,1851,189 Sq.Ft.3/30/2023Icel Ct1721$407,5881,689 Sq.Ft.4/22/2025Idaho Ave1421$334,5001,363 Sq.Ft.2/10/2025Idanha Ct432$467,6671,823 Sq.Ft.11/24/2020Idell Ct1132$436,6361,582 Sq.Ft.10/20/2020Idylwood Dr11532$455,0002,044 Sq.Ft.5/22/2025Iler St2532$472,6001,801 Sq.Ft.5/20/2025Illahe Ct522$804,6003,182 Sq.Ft.8/6/2020Illahe Heights Dr212$1,006,5002,844 Sq.Ft.11/7/2013Illahe Hill Rd2622$1,073,5834,032 Sq.Ft.3/25/2025Illahe River Ct722$815,5712,792 Sq.Ft.7/28/2022Illahe River Way411$699,7502,428 Sq.Ft.6/20/2023Illinois Ave5531$382,5271,585 Sq.Ft.2/25/2025Illinois Ct732$412,0001,621 Sq.Ft.4/3/2018Imperial Dr921$323,2221,220 Sq.Ft.12/6/2019Independence Dr2832$616,4642,318 Sq.Ft.2/28/2025Indiana Ave5732$408,4631,507 Sq.Ft.4/4/2025Indiana Ct532$390,6001,303 Sq.Ft.6/20/2023Indian Ct1132$396,0911,513 Sq.Ft.3/7/2023Indian Earth Ave1632$430,4381,505 Sq.Ft.10/7/2024Indian Earth Ct2632$443,8851,615 Sq.Ft.6/28/2023Indian Hills Ct1032$459,7001,709 Sq.Ft.10/17/2024Indian School Rd7N/AN/AN/A39,293 Sq.Ft.3/15/2018Indian Trails Ln232$976,5004,044 Sq.Ft.1/12/2021Indian Wells Loop2622$417,3461,496 Sq.Ft.3/21/2025Indigo Ct1132$412,3641,523 Sq.Ft.5/15/2024Indigo St4742$489,6092,340 Sq.Ft.12/17/2024Industrial Way14N/AN/AN/A42,885 Sq.Ft.7/15/2016Ingram Ln422$953,6672,325 Sq.Ft.7/7/2008Inland Dr1922$913,9443,581 Sq.Ft.1/13/2022Inna Ave1143$604,0002,338 Sq.Ft.8/16/2024Innsbrook Ct1532$459,8001,627 Sq.Ft.12/18/2024Insignia St822$640,0002,410 Sq.Ft.6/13/2023Inspiration Ln242$441,5001,749 Sq.Ft.3/12/2019Integra Ave3142$590,3232,209 Sq.Ft.9/28/2023Inverness Ct821$762,7503,174 Sq.Ft.12/30/2024Inverness Dr3622$550,2221,978 Sq.Ft.1/13/2025Inwood Ln721$734,0003,174 Sq.Ft.2/13/2020Irene Ct522$505,8001,875 Sq.Ft.8/22/2014Irish Ct732$538,0002,218 Sq.Ft.10/28/2024Iris Ln531$366,0001,162 Sq.Ft.10/1/2020Ironwood Dr3632$452,3331,671 Sq.Ft.10/15/2024Islander Ave3443$660,5292,690 Sq.Ft.8/22/2024Island View Dr1332$579,6152,100 Sq.Ft.10/16/2024Iva Ln1632$544,3752,303 Sq.Ft.2/24/2025Ivory Ct442$442,7501,858 Sq.Ft.12/5/2022Ivory Way4932$432,6121,748 Sq.Ft.2/19/2025Ivy St632$421,8331,676 Sq.Ft.5/23/2018Ivy Way932$417,6671,834 Sq.Ft.8/3/2023Jacinda Ln212$788,5003,093 Sq.Ft.2/10/2006Jackpine St2532$425,3201,802 Sq.Ft.6/17/2021Jackson Hill Rd3743$701,6763,376 Sq.Ft.8/28/2024Jackson Valley Ln222$1,369,0004,065 Sq.Ft.6/14/2010Jackwood Ct1432$622,8572,358 Sq.Ft.11/20/2023Jackwood St832$500,5001,715 Sq.Ft.5/4/2023Jade St6132$440,6831,798 Sq.Ft.3/24/2025Jaime Ln232$340,0001,103 Sq.Ft.10/17/2019Jake Ln242$399,0002,041 Sq.Ft.N/AJamestown St2732$613,4812,310 Sq.Ft.1/14/2023Jamison Dr1222$536,4172,189 Sq.Ft.2/24/2023Jana Ave1532$498,7331,916 Sq.Ft.3/14/2024Jane Dr232$316,500984 Sq.Ft.10/18/2021Janelle Ct532$778,4003,632 Sq.Ft.2/28/2020Janice Ave5332$433,3531,654 Sq.Ft.11/20/2023Jan Ree Ct332$390,3331,376 Sq.Ft.5/14/2008Jan Ree Dr3332$476,8181,811 Sq.Ft.11/12/2024Japonica St732$470,0001,878 Sq.Ft.12/21/2023Jared Valley St332$532,3332,050 Sq.Ft.N/AJasmine Ct422$447,5001,938 Sq.Ft.7/30/2018Jason St342$400,0004,514 Sq.Ft.10/2/2017Jasper Way732$458,2861,763 Sq.Ft.3/27/2019Jay Ct1142$523,2732,184 Sq.Ft.8/31/2022J David St3532$443,4861,490 Sq.Ft.3/11/2025Jean Ct1932$392,6841,424 Sq.Ft.6/1/2023Jean Marie Ln231$801,0002,598 Sq.Ft.N/AJean St1432$424,7861,503 Sq.Ft.6/25/2024Jefferson St10021$371,9571,726 Sq.Ft.6/6/2025Jelden St1731$368,2941,467 Sq.Ft.2/3/2025Jenah Ct532$406,6001,566 Sq.Ft.10/16/2018490 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
160 14th St NESalem, OR 97301
Estimated Value $382,000
Living Area 1,653 SqFt
Beds 2
Baths 1
Year Built 1925
Property Type Single Family
Ownership Type Individual
APN 571969
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
959 Winter St NESalem, OR 97301
Estimated Value $327,000
Living Area 1,098 SqFt
Beds 2
Baths 1
Year Built 1925
Property Type Single Family
Ownership Type Related
APN 585192
Neighborhood Grant
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
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
780 Thompson Ave NESalem, OR 97301
Estimated Value $301,000
Living Area 720 SqFt
Beds 2
Baths 1
Year Built 1942
Property Type Single Family
Ownership Type Individual
APN 567448
Neighborhood Northeast Neighbors
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
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
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
2380 Center St NESalem, OR 97301
Estimated Value $302,000
Living Area 915 SqFt
Beds 2
Baths 1
Year Built 1947
Property Type Single Family
Ownership Type Individual
APN 595633
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
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
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
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
556 Statesman St NESalem, OR 97301
Estimated Value $237,000
Living Area 628 SqFt
Beds 2
Baths 1
Year Built 1950
Property Type Single Family
Ownership Type Individual
APN 577371
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