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
Kaufman Loop842$448,2502,030 Sq.Ft.N/AKayak Way1N/A2$445,0001,105 Sq.Ft.N/AKay Lynn Way332$434,6672,247 Sq.Ft.N/AKay St411$302,750816 Sq.Ft.9/13/2021Kearney St711$782,5003,333 Sq.Ft.4/3/2025Keen Ave1932$366,9471,502 Sq.Ft.8/30/2022Keen Ct531$319,2001,019 Sq.Ft.6/22/2022Keiko Ct1332$411,7691,427 Sq.Ft.8/19/2022Keizer Ln142$544,0002,161 Sq.Ft.N/AKeizer Rd1331$412,9231,595 Sq.Ft.8/22/2024Keizer Station Blvd1N/AN/AN/A2,492 Sq.Ft.3/7/2011Kellogg Way331$805,3333,442 Sq.Ft.7/9/2020Kelsey Way332$401,0001,394 Sq.Ft.6/27/2016Kenard Ct932$495,1111,920 Sq.Ft.10/4/2024Kenard St4932$518,7552,067 Sq.Ft.9/18/2024Kendell Ave522$458,8001,822 Sq.Ft.5/8/2020Kendell Ct922$530,8892,180 Sq.Ft.7/22/2021Kens Way632$933,0003,229 Sq.Ft.1/2/2024Kent St532$483,2001,792 Sq.Ft.7/19/2023Kenwood St3331$343,0001,341 Sq.Ft.9/12/2024Kermit Ct832$439,2501,728 Sq.Ft.10/3/2023Kessler Dr2132$446,6191,367 Sq.Ft.5/15/2024Ketchikan Ave1542$450,1331,854 Sq.Ft.10/13/2021Kettle Ct4N/AN/AN/A32,000 Sq.Ft.2/27/2012Kevin Ct2232$527,9092,240 Sq.Ft.12/10/2024Kevin Way3432$540,6762,181 Sq.Ft.5/29/2025Kewanna Ct632$409,3331,532 Sq.Ft.4/1/2021Khartoum St2632$497,4232,061 Sq.Ft.5/30/2024Khyber Ave432$463,2501,721 Sq.Ft.12/3/2020Khyber Ct1732$426,8821,512 Sq.Ft.11/12/2024Kiger Way543$718,6004,444 Sq.Ft.12/22/2020Killdeer St199$1,117,0006,444 Sq.Ft.N/AKimeroff Ln632$426,6671,273 Sq.Ft.4/3/2023Kimeron St2532$424,6401,475 Sq.Ft.1/30/2025King Arthurs Ct621$531,4002,393 Sq.Ft.11/3/2023Kingbird Ct522$944,4003,064 Sq.Ft.1/15/2025King Ct632$375,6671,246 Sq.Ft.2/5/2016Kingdom Way1632$366,2501,331 Sq.Ft.4/26/2023King St922$378,1251,548 Sq.Ft.3/24/2022Kingston Ct1232$393,5001,236 Sq.Ft.4/17/2024Kingston Dr1132$400,0911,318 Sq.Ft.9/20/2018Kingwood Ave3431$350,5001,915 Sq.Ft.8/13/2024Kingwood Dr7932$514,7722,230 Sq.Ft.5/6/2025Kinsington St1032$692,3002,514 Sq.Ft.6/10/2022Kinslo Ct832$374,7501,231 Sq.Ft.4/11/2023Kinslo Ln232$372,0001,100 Sq.Ft.5/15/2006Kinslo St732$376,1431,171 Sq.Ft.6/26/2023Kinzua Ct732$455,8571,715 Sq.Ft.12/10/2024Kipling Ct932$458,8891,715 Sq.Ft.4/4/2023Kirby Ave1732$596,7652,283 Sq.Ft.8/21/2024Kirkwood Rd1632$640,2502,023 Sq.Ft.6/19/2019Kitsap Ct843$574,6252,324 Sq.Ft.5/31/2022Kitsap St1243$679,2502,614 Sq.Ft.12/11/2023Klamath Ct932$599,6672,419 Sq.Ft.10/30/2019Klamath St1432$566,9292,537 Sq.Ft.9/20/2024Klarr Ct543$514,8002,388 Sq.Ft.3/8/2022Kloshe Ct522$1,274,0003,855 Sq.Ft.2/16/2016Knapp Pl1811$352,3891,129 Sq.Ft.5/22/2024Knights Ct1432$376,5001,315 Sq.Ft.7/12/2024Knoll Ct1032$491,9001,772 Sq.Ft.6/24/2024Knox Ave1831$354,3891,398 Sq.Ft.12/10/2021Koda St2432$451,8331,408 Sq.Ft.10/18/2024Kodiak Ct1142$476,5452,021 Sq.Ft.2/26/2025Koln Ln232$377,0001,215 Sq.Ft.8/7/2014Kona Ct532$332,2001,563 Sq.Ft.9/19/2024Konaway Loop1322$1,404,8464,280 Sq.Ft.12/27/2019Koosaw Ln823$1,282,5004,531 Sq.Ft.3/29/2022Kotzy Ave532$418,4001,601 Sq.Ft.2/15/2018Kristin Ct1332$420,8461,499 Sq.Ft.8/28/2019Kuebler Blvd2N/AN/AN/A5,372 Sq.Ft.N/AKuebler Rd1732$793,0673,359 Sq.Ft.11/29/2023Kuenzi Hill Ln132$1,216,0003,201 Sq.Ft.6/20/2024Kumler St1431$415,0711,536 Sq.Ft.10/3/2023Kurt Dr2432$502,9571,870 Sq.Ft.9/8/2023Kurth Meadow Ave1932$831,3682,799 Sq.Ft.7/31/2024Kurth St4832$443,2501,899 Sq.Ft.9/12/2023Kwonesum Ct531$1,454,4005,868 Sq.Ft.12/3/2024Kyle Ln233$417,0001,600 Sq.Ft.11/2/2017Labish Center Rd4032$789,4753,832 Sq.Ft.12/14/2023Labish Garden Rd1532$623,7864,326 Sq.Ft.10/31/2019La Branch St1721$346,0672,162 Sq.Ft.1/31/2025Lacey St3122$557,8712,071 Sq.Ft.7/9/2024Lachs Ct1722$527,1182,303 Sq.Ft.10/15/2024La Costa Loop3122$415,5331,488 Sq.Ft.3/21/2025La Cresta Ct1922$672,4442,804 Sq.Ft.3/3/2022La Cresta Dr3332$661,2812,804 Sq.Ft.8/2/2024Ladd Ave4221$291,3661,454 Sq.Ft.10/21/2023Lady Bug Ct931$342,0001,056 Sq.Ft.3/25/2024Lafayette Hwy633$947,8001,591 Sq.Ft.N/ALahaina Ln212$928,5002,735 Sq.Ft.4/4/2023La Jolla Ct1232$399,6671,351 Sq.Ft.5/28/2025La Jolla Dr1332$398,0771,282 Sq.Ft.9/26/2022Lake Dr1822$936,4714,061 Sq.Ft.5/18/2023Lake Labish Rd3832$573,4743,030 Sq.Ft.10/10/2024Lakeside Dr9732$568,1744,219 Sq.Ft.6/4/2024Lake Vanessa Cir18132$370,9931,717 Sq.Ft.12/20/2024Lakeview Ct432$492,7501,866 Sq.Ft.7/26/2021Lakeview Dr933$492,1112,199 Sq.Ft.8/16/2021Lakeview Pl743$519,5712,481 Sq.Ft.6/2/2020Lakota Ln322$908,3334,158 Sq.Ft.9/21/20172080 17th St NESalem, OR 97301
Estimated Value $306,000
Living Area 912 SqFt
Beds 2
Baths 1
Year Built 1950
Property Type Single Family
Ownership Type Related
APN 570253
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
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
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
205 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
295 Church St SE #307Salem, OR 97301
Estimated Value $343,000
Living Area 919 SqFt
Beds 1
Baths 1
Year Built 2008
Property Type Condominium
Ownership Type Individual
APN 345504
Neighborhood Central Area
School District Salem-Keizer School District 24J
995 Garnet St NESalem, OR 97301
Estimated Value $458,000
Living Area 1,836 SqFt
Beds 3
Baths 3
Year Built 1949
Property Type Single Family
Ownership Type Individual
APN 587258
Neighborhood Northeast Neighbors
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
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
290 22nd St SESalem, OR 97301
Estimated Value $343,000
Living Area 1,080 SqFt
Beds 2
Baths 1
Year Built 1975
Property Type Single Family
Ownership Type Related
APN 568187
Neighborhood Southeast Salem
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
2750 Basalt Ct NESalem, OR 97301
Estimated Value $535,000
Living Area 1,917 SqFt
Beds 4
Baths 2.5
Year Built 2022
Property Type Single Family
Ownership Type Trust
APN 604861
Neighborhood Northeast Salem
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
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
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
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