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
Tuscana Ave4132$696,9272,625 Sq.Ft.5/19/2025Twilight Ct1232$372,0001,348 Sq.Ft.9/12/2024Twinberry Ave633$649,1672,511 Sq.Ft.6/1/2023Twin Fir Ln2032$761,1053,471 Sq.Ft.8/27/2024Twin Ln232$399,0001,496 Sq.Ft.5/24/2022Twin Oak Pl5522$391,1641,364 Sq.Ft.5/29/2025Twinwood Ct932$544,6672,092 Sq.Ft.2/13/2023Tyler Ct743$609,7142,522 Sq.Ft.5/3/2024Tyrone Ln111$833,0004,548 Sq.Ft.12/7/2017Udder Way2N/AN/AN/A10,824 Sq.Ft.5/12/2008Ullman Ave642$521,0002,065 Sq.Ft.1/29/2024Umatilla St742$524,0002,581 Sq.Ft.3/28/2025Umpqua St422$620,0005,020 Sq.Ft.8/19/2013Union St1831$905,50011,186 Sq.Ft.5/6/2024University St2721$323,7921,088 Sq.Ft.4/14/2025Unknown1N/AN/A$370,0001,440 Sq.Ft.N/AUpper Autumn St122$1,204,0006,102 Sq.Ft.N/AUpper Ben Lomond Dr922$568,8892,600 Sq.Ft.6/2/2025Upper Breckenridge Loop2243$582,4552,554 Sq.Ft.12/27/2022Upper Lavista Ct3232$402,5001,486 Sq.Ft.4/23/2025Urban Ln1622$437,4381,533 Sq.Ft.2/24/2023Utah Ave931$315,3331,224 Sq.Ft.10/14/2021Valderama Ave632$561,0002,148 Sq.Ft.10/19/2022Vale Ct2532$432,0801,293 Sq.Ft.9/16/2024Vallejo St731$356,4291,293 Sq.Ft.9/3/2020Valley Creek Rd2832$682,1742,294 Sq.Ft.5/7/2024Valley St233$372,0001,342 Sq.Ft.11/6/2013Valley View Dr2532$501,8802,136 Sq.Ft.3/5/2024Valleywood Dr9532$492,4321,818 Sq.Ft.4/18/2025Valleywood Loop3332$429,7581,369 Sq.Ft.1/26/2024Valpak Rd3N/AN/AN/A24,832 Sq.Ft.8/30/2019Val Vista Ave1232$349,0831,198 Sq.Ft.9/12/2023Van Buren Dr3442$575,9392,359 Sq.Ft.10/28/2024Van Kleeck Ct742$479,8571,829 Sq.Ft.4/25/2023Van Kleeck Pl3332$413,8181,353 Sq.Ft.2/22/2024Van Ness Ave2N/AN/AN/A28,288 Sq.Ft.N/AVasend Ct1632$445,1881,644 Sq.Ft.5/7/2025Vaughn Ave1811$340,4441,476 Sq.Ft.10/4/2024Veall Ln432$414,5003,233 Sq.Ft.3/24/2025Veneta Ave1132$653,3642,306 Sq.Ft.7/6/2022Venice St542$523,0001,952 Sq.Ft.11/29/2021Venus Ct732$394,1431,425 Sq.Ft.9/16/2021Vernon Loop4332$383,5351,343 Sq.Ft.11/28/2023Vernon St2332$355,0871,289 Sq.Ft.11/13/2024Verona St1622$712,3752,740 Sq.Ft.4/25/2025Veronica Ln242$394,5001,500 Sq.Ft.5/25/2011Vibbert St2432$644,9582,532 Sq.Ft.3/6/2024Vick Ave2332$518,3912,023 Sq.Ft.9/19/2024Vicky Way832$424,3751,628 Sq.Ft.4/9/2024Victoria Dr432$399,5001,497 Sq.Ft.4/16/2020Viewcrest Rd4332$897,0753,592 Sq.Ft.1/19/2023View Ct642$602,8332,091 Sq.Ft.1/21/2021View Dr1632$480,1251,901 Sq.Ft.8/8/2023Viking Ln432$374,5001,146 Sq.Ft.9/28/2018Village Center Dr5922$413,1641,536 Sq.Ft.2/14/2025Village East Way1N/AN/AN/A105,605 Sq.Ft.12/4/2008Vinca St1132$331,7271,297 Sq.Ft.3/14/2025Vine Maple St432$829,0002,839 Sq.Ft.10/6/2021Vine St1031$409,2001,283 Sq.Ft.11/2/2021Vineyard View Way343$952,3334,095 Sq.Ft.7/23/2018Vintage Ave4332$526,7672,068 Sq.Ft.1/22/2024Vinyard Ave3231$369,6561,328 Sq.Ft.7/30/2024Virginia St1821$398,7221,563 Sq.Ft.3/22/2023Vision St432$404,2501,370 Sq.Ft.7/1/2015Vista Ave12731$407,2003,032 Sq.Ft.5/6/2025Vitae Springs Ln221$851,5003,006 Sq.Ft.10/22/2015Vitae Springs Rd6232$924,2464,168 Sq.Ft.5/13/2025Volcano St1122$636,8182,682 Sq.Ft.3/12/2022Vosburg St342$530,3332,406 Sq.Ft.12/18/2019Wabash Dr1532$783,3645,949 Sq.Ft.12/10/2024Waconda Rd8132$689,3145,358 Sq.Ft.3/21/2024Wadsworth Ln332$391,6671,463 Sq.Ft.2/24/2017Wagner Ct933$738,6674,127 Sq.Ft.10/13/2021Wagon Rim Ct1832$385,9441,351 Sq.Ft.2/21/2019Wagon Road Ct1032$393,3001,390 Sq.Ft.11/17/2021Wagon Road Dr2232$385,5001,338 Sq.Ft.2/3/2022Wagon Trail Ct1832$388,2221,374 Sq.Ft.10/7/2022Wagon Wheel Dr1332$389,1541,434 Sq.Ft.8/25/2023Wagtail Ct1432$503,0001,799 Sq.Ft.6/3/2025Wahl Ln522$612,8002,010 Sq.Ft.8/2/2024Waikiki St1832$348,7221,134 Sq.Ft.4/30/2025Wakefield Ct2232$423,7271,541 Sq.Ft.5/15/2023Waldo Ave4221$427,6502,917 Sq.Ft.5/9/2025Waldo Hills Dr1533$1,023,0004,931 Sq.Ft.3/2/2020Walina Ct3532$811,4863,550 Sq.Ft.6/12/2024Walker Rd6032$419,4663,147 Sq.Ft.12/11/2024Walker St921$318,4441,134 Sq.Ft.8/17/2024Wallace Hills Ct1443$557,1542,468 Sq.Ft.11/17/2022Wallace Rd30632$481,3265,128 Sq.Ft.3/20/2025Waller St4821$383,5142,339 Sq.Ft.4/18/2024Wallowa Ave443$659,0002,462 Sq.Ft.7/18/2024Waln Creek Ct2632$431,9621,441 Sq.Ft.5/2/2025Waln Creek Dr2732$400,4811,244 Sq.Ft.5/2/2025Waln Dr3N/A9N/A106,180 Sq.Ft.3/29/2018Walnut Ave232$287,0001,116 Sq.Ft.4/7/2010Walnut Pl2122$401,3811,380 Sq.Ft.11/12/2024Walnwood Ct832$515,7502,047 Sq.Ft.5/7/2024Walter Ln232$708,5002,630 Sq.Ft.N/AWander Way522$343,8001,274 Sq.Ft.5/31/2024Wapato St532$552,7502,243 Sq.Ft.6/2/20231025 Norway St NESalem, OR 97301
Estimated Value $344,000
Living Area 1,117 SqFt
Beds 2
Baths 1
Year Built 1920
Property Type Single Family
Ownership Type Multiple
APN 568812
Neighborhood Grant
School District Salem-Keizer School District 24J
2184 Laurine Ct NESalem, OR 97301
Estimated Value $453,000
Living Area 1,700 SqFt
Beds 3
Baths 1.5
Year Built 2004
Property Type Single Family
Ownership Type Related
APN 332226
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
637 20th St NESalem, OR 97301
Estimated Value $356,000
Living Area 1,874 SqFt
Beds 3
Baths 1
Year Built 1915
Property Type Single Family
Ownership Type Related
APN 527511
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
1185 17th St NESalem, OR 97301
Estimated Value $309,000
Living Area 1,108 SqFt
Beds 3
Baths 1
Year Built 1953
Property Type Single Family
Ownership Type Corporate
APN 572160
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
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
2350 Broadway St NESalem, OR 97301
Estimated Value $295,000
Living Area 796 SqFt
Beds 2
Baths 1
Year Built 1944
Property Type Single Family
Ownership Type Related
APN 571923
Neighborhood Highland
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
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
945 Edina Ln NESalem, OR 97301
Estimated Value $355,000
Living Area 1,195 SqFt
Beds 3
Baths 2
Year Built 1976
Property Type Single Family
Ownership Type Corporate
APN 527185
Neighborhood Northeast Salem
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
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
1598 Court St NESalem, OR 97301
Estimated Value $507,000
Living Area 988 SqFt
Beds 2
Baths 1
Year Built 1901
Property Type Single Family
Ownership Type Corporate
APN 527545
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
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
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