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
Willa Ln1421$341,8571,167 Sq.Ft.6/17/2024Willapa Ct142$458,0001,668 Sq.Ft.11/15/2003Williams Ave5421$356,6351,261 Sq.Ft.4/10/2025Willie Way1142$566,0002,148 Sq.Ft.2/15/2023Willow Creek Dr2432$515,2082,038 Sq.Ft.5/27/2022Willow Ct1022$727,9003,846 Sq.Ft.6/15/2021Willow St421$515,0002,747 Sq.Ft.N/AWilma Ct1032$410,3001,571 Sq.Ft.2/21/2025Wilmington Ave842$523,33327,650 Sq.Ft.10/14/2024Wilson St2821$399,6541,444 Sq.Ft.12/31/2024Wilton Ave1631$321,250975 Sq.Ft.2/27/2020Wiltsey Ct832$637,1252,418 Sq.Ft.5/16/2025Wiltsey Loop263$605,0002,598 Sq.Ft.4/30/2008Wiltsey Rd5722$257,9227,989 Sq.Ft.3/18/2025Wiltsey St2532$837,8184,692 Sq.Ft.2/8/2024Wimbledon Ct1332$433,6151,617 Sq.Ft.2/26/2025Winchester St3732$448,2221,620 Sq.Ft.11/27/2024Windemere Dr2932$463,4141,805 Sq.Ft.1/8/2025Windflower Ct1632$426,5631,607 Sq.Ft.9/12/2023Windgate St1832$502,4442,108 Sq.Ft.2/4/2025Winding Ct433$578,5002,376 Sq.Ft.11/30/2005Winding Way2043$907,3003,411 Sq.Ft.1/3/2023Wind Meadows Way2232$143,8101,482 Sq.Ft.N/AWindmill Ct1022$1,047,7003,612 Sq.Ft.7/2/2018Wind Park St232$136,5001,296 Sq.Ft.N/AWindsong Ct933$534,0002,206 Sq.Ft.10/4/2024Windsor Ave4132$394,3951,778 Sq.Ft.9/23/2024Windsor Island Rd3632$622,4149,623 Sq.Ft.7/9/2022Windsor Way1131$358,0001,132 Sq.Ft.8/16/2022Wind Spring Way1432$138,0001,392 Sq.Ft.N/AWind Stone Way2932$143,0711,449 Sq.Ft.N/AWindyridge Dr522$543,8002,196 Sq.Ft.11/19/2024Winema Pl1N/AN/AN/A961,456 Sq.Ft.N/AWing Tip Ave1342$642,0002,593 Sq.Ft.7/28/2022Winners Ct1342$488,0001,920 Sq.Ft.8/30/2024Winola Ave4221$370,3901,206 Sq.Ft.11/8/2024Winona Ct432$380,5001,637 Sq.Ft.5/18/2016Winslow Way6722$415,1341,681 Sq.Ft.1/16/2025Wintercreek Way1N/AN/AN/A72,488 Sq.Ft.N/AWintergreen Ave2132$457,1901,746 Sq.Ft.1/30/2023Winter St19021$394,19913,107 Sq.Ft.5/20/2025Winter Wonderland Way143$683,0003,465 Sq.Ft.8/1/2019Wipwood Dr2132$500,2381,794 Sq.Ft.6/12/2025Wishing Ln132$415,0001,624 Sq.Ft.4/14/2021Wisper Ln422$540,0001,883 Sq.Ft.2/9/2022Wisteria Ct932$425,2221,504 Sq.Ft.8/30/2023Witch Hazel Ln1643$569,9382,380 Sq.Ft.8/13/2024Witten St1232$369,2501,369 Sq.Ft.10/1/2024Witter Ln2132$334,2861,498 Sq.Ft.3/30/2023Witzel Rd3032$808,5523,617 Sq.Ft.9/8/2021Wolverine St5N/AN/AN/A7,982 Sq.Ft.N/AWoodacre Dr2632$436,2691,641 Sq.Ft.5/10/2024Woodard Ave532$763,8002,706 Sq.Ft.1/24/2024Woodbridge Ct1N/AN/AN/A46,782 Sq.Ft.12/23/2013Wooddale Ave3831$378,6051,362 Sq.Ft.11/18/2024Woodhaven Ct2132$503,3811,934 Sq.Ft.12/31/2024Woodhaven St1332$485,2311,887 Sq.Ft.2/25/2025Woodhill St2433$552,3752,105 Sq.Ft.7/25/2023Woodland Dr332$498,6672,020 Sq.Ft.1/6/2022Woodland Hills Way222$881,0003,454 Sq.Ft.9/24/2014Woodleaf St1232$366,3331,263 Sq.Ft.7/10/2023Woodmansee Ct1132$387,4001,245 Sq.Ft.5/6/2022Woodmill Dr1342$676,0002,804 Sq.Ft.4/19/2024Woodrow St10N/AN/AN/A8,928 Sq.Ft.N/AWoodscape Ct932$666,5562,613 Sq.Ft.3/5/2025Woodscape Dr2832$586,6432,160 Sq.Ft.1/6/2025Woodside Ct1033$617,7003,011 Sq.Ft.3/23/2023Woodside Dr3532$508,1884,677 Sq.Ft.5/30/2025Woodstock Cir4522$388,6441,357 Sq.Ft.1/17/2025Woodview Ct532$512,2001,911 Sq.Ft.1/12/2021Wormwood Ct532$434,6001,449 Sq.Ft.10/8/2019Wormwood St3432$416,3531,291 Sq.Ft.2/20/2025Wren Ct532$396,6001,357 Sq.Ft.1/8/2021Writers Way332$631,3332,049 Sq.Ft.11/30/2005Wyant Ave932$425,1111,590 Sq.Ft.10/12/2021Wyant Ct1232$428,9171,666 Sq.Ft.9/25/2024Wyatt Ct421$454,0001,721 Sq.Ft.4/9/2025Wyoming Ave1731$348,7651,233 Sq.Ft.3/28/2025Wyoming Cir4232$159,1461,237 Sq.Ft.7/11/2011Yakima Ct1042$594,8002,397 Sq.Ft.12/30/2024Yankee Way422$661,2502,342 Sq.Ft.6/4/2024Yans Ln2N/AN/A$182,500N/AN/AYellowbird Ln342$403,3331,540 Sq.Ft.11/30/2022Yellowstone Ct1032$450,3001,948 Sq.Ft.9/4/2020Yew St3421$369,8531,391 Sq.Ft.4/22/2025York Ave2031$316,7371,305 Sq.Ft.3/20/2023York Butte Ave4022$692,5252,336 Sq.Ft.5/28/2025Yorkshire Ct632$509,2001,987 Sq.Ft.1/20/2022Yosemite Ct1432$321,5001,571 Sq.Ft.2/1/2021Young Ln421$559,2502,883 Sq.Ft.11/15/2010Yukon Ct1332$475,7691,928 Sq.Ft.7/25/2023Yvonne Ct1732$551,5882,059 Sq.Ft.4/18/2025Yvonne St1032$452,9001,636 Sq.Ft.9/16/2021Zee Ln422$1,067,50016,898 Sq.Ft.5/23/2019Zelkova Ct842$555,8752,138 Sq.Ft.11/13/2024Zena Rd6032$793,8653,279 Sq.Ft.2/14/2024Zieber Ln622$412,3331,369 Sq.Ft.6/10/2005Zielinski Ln233$1,012,0006,596 Sq.Ft.N/AZosel Ave2522$506,1602,394 Sq.Ft.10/28/20211517 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
2187 Bruce St NESalem, OR 97301
Estimated Value $323,000
Living Area 1,140 SqFt
Beds 2
Baths 1
Year Built 1946
Property Type Single Family
Ownership Type Related
APN 526288
Neighborhood Lansing
School District Salem-Keizer School District 24J
797 15th St NESalem, OR 97301
Estimated Value $400,000
Living Area 2,191 SqFt
Beds 2
Baths 3
Year Built 1963
Property Type Single Family
Ownership Type Related
APN 585671
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
1525 B St NESalem, OR 97301
Estimated Value $395,000
Living Area 1,566 SqFt
Beds 2
Baths 1
Year Built 1926
Property Type Single Family
Ownership Type Individual
APN 572133
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
1185 Capitol St NESalem, OR 97301
Estimated Value $505,000
Living Area 2,225 SqFt
Beds 3
Baths 2
Year Built 1937
Property Type Single Family
Ownership Type Multiple
APN 585124
Neighborhood Grant
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
1465 Center St NESalem, OR 97301
Estimated Value $363,000
Living Area 1,240 SqFt
Beds 3
Baths 1
Year Built 1926
Property Type Single Family
Ownership Type Individual
APN 527582
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
1155 Spruce St NESalem, OR 97301
Estimated Value $358,000
Living Area 1,213 SqFt
Beds 2
Baths 1.5
Year Built 1940
Property Type Single Family
Ownership Type Related
APN 583472
Neighborhood Highland
School District Salem-Keizer School District 24J
2790 Brooks Ave NESalem, OR 97301
Estimated Value $215,000
Living Area 967 SqFt
Beds 2
Baths 1
Year Built 1925
Property Type Single Family
Ownership Type Individual
APN 582081
Neighborhood Highland
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
1925 17th St NESalem, OR 97301
Estimated Value $369,000
Living Area 1,443 SqFt
Beds 1
Baths 1.5
Year Built 1945
Property Type Single Family
Ownership Type Multiple
APN 588136
Neighborhood Northeast Neighbors
School District Salem-Keizer School District 24J
295 Church St SE #509Salem, OR 97301
Estimated Value $527,000
Living Area 1,396 SqFt
Beds 2
Baths 2
Year Built 2008
Property Type Condominium
Ownership Type Related
APN 345524
Neighborhood Central Area
School District Salem-Keizer School District 24J
2390 Broadway St NESalem, OR 97301
Estimated Value $384,000
Living Area 1,720 SqFt
Beds 2
Baths 2
Year Built 1946
Property Type Single Family
Ownership Type Individual
APN 571926
Neighborhood Highland
School District Salem-Keizer School District 24J
1734 Nebraska Ave NESalem, OR 97301
Estimated Value $260,000
Living Area 576 SqFt
Beds 2
Baths 1
Year Built 1936
Property Type Single Family
Ownership Type Trust
APN 572295
Neighborhood Northeast Neighbors
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