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
Suffolk Ln522$1,153,2003,831 Sq.Ft.1/7/2010Suffolk Rd722$954,8575,521 Sq.Ft.7/30/2018Sugar Ln222$304,000977 Sq.Ft.8/12/2019Sugarloaf Ln443$422,5001,447 Sq.Ft.2/7/2025Sugarpine Ct1532$631,1332,411 Sq.Ft.8/9/2021Sugar Plum Ave1631$391,5001,169 Sq.Ft.10/1/2021Sugar Plum St4032$469,2001,656 Sq.Ft.4/3/2025Sullivan Ct533$475,6001,835 Sq.Ft.8/18/2016Sumac Dr1732$683,1182,604 Sq.Ft.10/29/2024Summercrest Ct1032$462,4001,583 Sq.Ft.8/18/2020Summercrest Dr2132$429,8571,517 Sq.Ft.6/9/2023Summerfield Dr2032$469,6501,727 Sq.Ft.10/28/2022Summerlake St1433$524,0711,985 Sq.Ft.10/7/2016Summerside St1932$593,0002,010 Sq.Ft.12/18/2024Summer St16921$421,9806,758 Sq.Ft.4/9/2025Summer Wind Ct1932$456,8891,626 Sq.Ft.6/21/2024Summit Ave2532$490,8402,039 Sq.Ft.2/19/2025Summit View Ave5632$601,7682,040 Sq.Ft.12/6/2024Sunbeam Ct632$472,3331,571 Sq.Ft.8/3/2023Sunburst Ter5543$563,9642,500 Sq.Ft.3/12/2025Suncrest Ave2632$456,0771,783 Sq.Ft.9/3/2024Suncrest Ct443$490,7502,000 Sq.Ft.6/11/2020Sun Ct721$642,0002,399 Sq.Ft.8/2/2021Sundance St833$702,8752,715 Sq.Ft.4/23/2024Sundown Ct331$363,6671,137 Sq.Ft.3/4/2008Sunflower Way2432$427,6251,560 Sq.Ft.2/4/2022Sunland St2332$556,3481,972 Sq.Ft.10/29/2020Sunmeadow Ct1632$267,6251,334 Sq.Ft.9/22/2023Sunmist Ct1832$649,7222,799 Sq.Ft.6/6/2025Sunnybrook Ln1532$576,8332,669 Sq.Ft.7/14/2023Sunnyside Rd26722$335,7592,649 Sq.Ft.9/4/2024Sunnyview Rd33332$540,9664,766 Sq.Ft.6/2/2025Sunray Ave622$617,8332,825 Sq.Ft.5/19/2022Sunridge Dr2722$714,5563,087 Sq.Ft.1/22/2025Sunrise Ave1522$664,3333,047 Sq.Ft.9/10/2024Sunrise Cir2822$387,6431,366 Sq.Ft.6/4/2025Sunrise Ranch Ln222$918,5003,551 Sq.Ft.4/12/2018Sunrise View Ct354$672,0004,756 Sq.Ft.9/6/2022Sunrise View Ln344N/A4,906 Sq.Ft.8/26/2019Sunset Ridge Rd1122$1,207,0004,398 Sq.Ft.6/15/2021Sunset View Ln422$624,2501,883 Sq.Ft.12/6/2023Sunshine Way543$618,0004,914 Sq.Ft.3/4/2024Sunstone St1332$432,2311,381 Sq.Ft.3/24/2023Suntree Ct332$464,3331,519 Sq.Ft.12/22/2016Suntree Dr1932$456,3161,575 Sq.Ft.2/14/2025Sun Valley Ct542$513,4002,147 Sq.Ft.7/2/2010Sunwood Ct532$522,0001,961 Sq.Ft.3/13/2015Sunwood Dr5032$507,1802,092 Sq.Ft.5/20/2025Superior St3021$634,1432,321 Sq.Ft.3/21/2025Supreme Ct1232$401,9171,238 Sq.Ft.4/10/2023Sure Fire Way232$395,0001,523 Sq.Ft.8/23/2017Surf Ct5322$185,3961,100 Sq.Ft.4/17/2025Surfwood Dr5322$212,3651,107 Sq.Ft.4/17/2025Surveyor Ave3042$475,4671,797 Sq.Ft.7/10/2024Sussex Ave1432$601,4292,354 Sq.Ft.6/25/2024Suzanne Lea St1N/AN/AN/A19,872 Sq.Ft.N/ASwallow Ct1732$378,5291,339 Sq.Ft.5/10/2025Swallow Dr931$373,0001,267 Sq.Ft.6/13/2022Swallow Tail St732$635,7142,585 Sq.Ft.4/21/2025Sweet Ln312$578,3332,850 Sq.Ft.2/20/2009Sweetwater Ln211$662,0004,269 Sq.Ft.2/10/2025Swegle Rd15732$252,1871,459 Sq.Ft.3/13/2024Swindoll Pl1142$363,0001,766 Sq.Ft.5/2/2023Sycan Ct1532$459,8001,664 Sq.Ft.8/10/2022Sylvan Ave1232$500,7501,764 Sq.Ft.1/31/2025Sylvia Ct2432$389,3331,301 Sq.Ft.10/25/2024Sylvia St2132$460,8101,864 Sq.Ft.2/3/2025Tacoma St632$479,2003,043 Sq.Ft.2/8/2022Taggart Dr2N/AN/AN/A21,619 Sq.Ft.10/14/2008Tahoe Ave1733$516,3532,053 Sq.Ft.1/14/2025Talana Ct733$474,0001,819 Sq.Ft.8/31/2023Talis Ct622$1,258,0004,249 Sq.Ft.2/24/2020Talisman Ave1033$485,8002,042 Sq.Ft.11/12/2024Talisman Ct633$626,0004,704 Sq.Ft.1/8/2020Tall Maple Ln122$508,0002,400 Sq.Ft.3/12/2020Talloc Ave1732$339,6251,703 Sq.Ft.4/24/2025Tamara Ave1532$493,6671,789 Sq.Ft.4/14/2025Tamarack St1521$373,2001,623 Sq.Ft.12/2/2024Tamara Ct832$462,6251,599 Sq.Ft.7/7/2021Tanager Ave3732$495,4321,827 Sq.Ft.10/23/2024Tandem Ave13N/AN/AN/A25,716 Sq.Ft.8/22/2017Tangent Way232$1,014,0004,026 Sq.Ft.8/27/2015Tanglewood Ct1832$379,3891,275 Sq.Ft.4/27/2023Tanglewood Way832$753,1252,513 Sq.Ft.3/2/2020Tanner Way732$979,1433,403 Sq.Ft.12/20/2019Tannet Ave833$419,8751,670 Sq.Ft.6/29/2023Tanoak Ave3032$441,1031,543 Sq.Ft.9/27/2024Tan Way232$407,0001,457 Sq.Ft.3/4/2013Tara Way933$721,2223,125 Sq.Ft.3/24/2020Tariff Ct1132$393,5451,231 Sq.Ft.5/10/2021Tate Ave3032$609,3332,122 Sq.Ft.10/3/2023Taybin Rd1732$467,5389,405 Sq.Ft.6/7/2023Taylor St3N/AN/AN/A2,882 Sq.Ft.N/ATayside St3322$748,5762,735 Sq.Ft.9/30/2024Teak Ct832$446,8751,621 Sq.Ft.4/18/2023Teakwood Ave2143$585,1432,497 Sq.Ft.11/29/2023Teal Dr522$642,2002,438 Sq.Ft.4/2/2024Teddy Bear Ln122$944,0003,624 Sq.Ft.N/ATemplar Way432$450,0001,689 Sq.Ft.6/16/2023Teral Ct1032$798,7003,061 Sq.Ft.6/18/2024196 23rd St SESalem, OR 97301
Estimated Value $334,000
Living Area 1,627 SqFt
Beds 3
Baths 1
Year Built 1925
Property Type Single Family
Ownership Type Related
APN 587292
Neighborhood Southeast Salem
School District Salem-Keizer School District 24J
1660 Cottage St NESalem, OR 97301
Estimated Value $384,000
Living Area 856 SqFt
Beds 2
Baths 1
Year Built 1920
Property Type Single Family
Ownership Type Individual
APN 566919
Neighborhood Grant
School District Salem-Keizer School District 24J
1689 B St NESalem, OR 97301
Estimated Value $407,000
Living Area 1,982 SqFt
Beds 2
Baths 1.5
Year Built 1910
Property Type Single Family
Ownership Type Multiple
APN 572208
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
935 Garnet St NESalem, OR 97301
Estimated Value $374,000
Living Area 1,768 SqFt
Beds 3
Baths 2
Year Built 1917
Property Type Single Family
Ownership Type Related
APN 587263
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
1940 Church St NESalem, OR 97301
Estimated Value $332,000
Living Area 1,200 SqFt
Beds 3
Baths 2
Year Built 1926
Property Type Single Family
Ownership Type Corporate
APN 569912
Neighborhood Highland
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
1525 Norway St NESalem, OR 97301
Estimated Value $362,000
Living Area 1,745 SqFt
Beds 3
Baths 1
Year Built 1941
Property Type Single Family
Ownership Type Related
APN 588362
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
2465 5th St NESalem, OR 97301
Estimated Value $368,000
Living Area 1,946 SqFt
Beds 3
Baths 1.5
Year Built 1964
Property Type Single Family
Ownership Type Individual
APN 571915
Neighborhood Highland
School District Salem-Keizer School District 24J
2245 Laurel Ave NESalem, OR 97301
Estimated Value $314,000
Living Area 823 SqFt
Beds 2
Baths 1
Year Built 1946
Property Type Single Family
Ownership Type Multiple
APN 586280
Neighborhood Highland
School District Salem-Keizer School District 24J
1020 Madison St NESalem, OR 97301
Estimated Value $314,000
Living Area 836 SqFt
Beds 2
Baths 1
Year Built 1920
Property Type Single Family
Ownership Type Individual
APN 568801
Neighborhood Grant
School District Salem-Keizer School District 24J
1555 19th St NESalem, OR 97301
Estimated Value $396,000
Living Area 1,432 SqFt
Beds 3
Baths 1
Year Built 1929
Property Type Single Family
Ownership Type Individual
APN 579968
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
199 24th St NESalem, OR 97301
Estimated Value $298,000
Living Area 758 SqFt
Beds 2
Baths 1
Year Built 1934
Property Type Single Family
Ownership Type Related
APN 596310
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
1070 Spruce St NESalem, OR 97301
Estimated Value $303,000
Living Area 1,675 SqFt
Beds 3
Baths 2
Year Built 1925
Property Type Single Family
Ownership Type Individual
APN 577190
Neighborhood Highland
School District Salem-Keizer School District 24J
2080 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
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