Salem, OR Apartment Buildings for Sale

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Keizer, OR Rickreall, OR Jefferson, OR

6 results

$850,000

3,907 SF

Salem Multifamily Property For Sale

2245-2285 Breyman St NE, Salem, OR 97301

Well-maintained six-unit property near downtown Salem with strong rental potential.

Strong rental potential in a high‑demand location near downtown Salem.
Six separate units provide diverse rental income streams.
Includes a larger 3 bdrm/2 Ba unit in addition to five 1 bdrm/1 Ba units.
Each unit has a covered front porch, fully applianced kitchen, combined living/dining area, and washer/dryer hookup.
Carport with parking for 5 cars.

Updated: Jan 22

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$899,900

5,278 SF

Salem Multifamily Property with Updates

1341 Saginaw St S, Salem, OR 97317

Multifamily property in South Central Salem with recent renovations.

New roof and gutters.
Two vacant units under renovation.
South Central Salem location with convenient Commercial Street access.
Off‑street parking and on‑site laundry room.
Each unit has separate electric meters.

Updated: Mar 23

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$995,000

4,746 SF

Six-Unit Cottage Cluster Investment

Well-maintained six-unit cottage cluster in a quiet neighborhood.

648 Breys Avenue Northeast, Salem, OR 97301

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$10,000,000

43,626 SF

47-Unit Multifamily Property in Salem

47-unit multifamily property with strong occupancy and ample parking.

4169 Campus Lp NE, Salem, OR 97305

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Turn-Key Multifamily Investment Opportunity

$1,099,000

4,080 SF

Turn-Key Multifamily Investment Opportunity

Eight-unit multifamily property in Southeast Salem, extensively rehabilitated in 2018-2019.

2585 & 2595 Lee Street SE, Salem, OR 97301

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Salem Multifamily Investment Opportunity

$895,000

4,202 SF

Salem Multifamily Investment Opportunity

Eight-unit apartment complex in Salem with strong income potential.

2522 Simpson St SE, Salem, OR 97301

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 6 Active listings in Salem, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

$999,900

4,680 SF

MtAngel Multifamily with Cash Flow

Five units with upside, private yards, and storage.

Mount Angel, OR 97362

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McMinnville Multifamily Investment Opportunity

$3,500,000

13,200 SF

McMinnville Multifamily Investment Opportunity

Thirteen-unit apartment complex in McMinnville with value-add potential.

547 SW FELLOWS St, Mcminnville, OR 97128

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Updated Multifamily Property in McMinnville

$1,290,000

5,350 SF

Updated Multifamily Property in McMinnville

Updated multi-unit property near downtown McMinnville with income potential.

507 NE DAVIS St, Mcminnville, OR 97128

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$999,900

4,680 SF

Mount Angel Multifamily Investment

Five-unit property with cash flow and upside potential.

880 N Pershing St, Mount Angel, OR 97362

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Entitled Multifamily Development Opportunity

$3,250,000

0.83 Acres

Entitled Multifamily Development Opportunity

Permitted 50-unit multifamily development with retail space for sale.

403 N River St lot: 403, 417, & 419, Hailey, ID 83333

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Contact for pricing

0.31 Acres

Pahrump Land Investment Opportunity

0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

2001 Casino Street, Pahrump, NV 89048

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Lancaster Corner Lot Investment Opportunity

$350,000

7,509.00 Acres

Lancaster Corner Lot Investment Opportunity

0.17-acre corner lot in Lancaster with development potential.

0 Newgrove Street, Lancaster, CA 93534

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$2,250,000

89,438.00 Acres

Prime Commercial Land Opportunity

2+ acres of commercially zoned land with freeway exposure.

31426 The Old Road N, Castaic, CA 91384

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Off-Market Properties in Salem, OR

Consider similar Off-Market properties in Salem, OR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2205 Marine NW Dr

APARTMENT HOUSE (5+ UNITS) • 84,438 SF

Value Estimation

$8,740,000

2205 Marine NW Dr, Salem, OR 97304-3277

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APARTMENT HOUSE (5+ UNITS) • 31,033 SF

Value Estimation by Request

1290 Chemeketa NE St, Salem, OR 97301

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348 12th NE St

APARTMENT HOUSE (5+ UNITS) • 31,033 SF

Value Estimation

$3,505,000

348 12th NE St, Salem, OR 97301

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653 Fir Gdns NW St

APARTMENT HOUSE (5+ UNITS) • 3,104 SF

Value Estimation

$550,000

653 Fir Gdns NW St, Salem, OR 97304-4324

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220 Cottage NE St

APARTMENT HOUSE (5+ UNITS) • 17,338 SF

Value Estimation

$890,000

220 Cottage NE St, Salem, OR 97301-1429

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601 Gln Crk NW Rd

APARTMENT HOUSE (100+ UNITS) • 46,093 SF

Value Estimation

$5,075,000

601 Gln Crk NW Rd, Salem, OR 97304-3152

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Salem, OR Apartment Buildings Investment Opportunities Market Analysis

Explore 72 apartment buildings for sale in Salem, OR, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 65,839 square feet of properties for sale, with an estimated market value of $14,738,900.

Sale prices for two-family homes in Salem, OR start at $850,000, averaging $2,456,483, and reaching up to $10,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Property Size Breakdown

The majority of commercial real estate listings in Salem fall within the 100,000+ square foot range.

Demographics Overview

Population 279K

Population Growth (5Y) +5.0%

Median Household Income $76,436

College Educated 19.3%

High-Yield Neighborhoods for Strategic Investment

Identify Salem submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

Neighborhood	Average Price
97317	$899.9K
97301	$959.8K
97302	$3M
97305	$10M

Taxes & Financing

Tax Rate (average for all types) 1.85%

Property Tax per SF $20.84 per sq ft

Tax Rate vs County Average 0.05 pp above county avg

Average Loan-to-Value 65.0%

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Salem, OR Apartment Buildings for Sale

Salem Multifamily Property For Sale

Well-maintained six-unit property near downtown Salem with strong rental potential.

Salem Multifamily Property with Updates

Multifamily property in South Central Salem with recent renovations.

Six-Unit Cottage Cluster Investment

47-Unit Multifamily Property in Salem

Turn-Key Multifamily Investment Opportunity

Salem Multifamily Investment Opportunity

Opportunities in Nearby Cities

MtAngel Multifamily with Cash Flow

McMinnville Multifamily Investment Opportunity

Updated Multifamily Property in McMinnville

Mount Angel Multifamily Investment

Potential Development Sites for Consideration

Entitled Multifamily Development Opportunity

Pahrump Land Investment Opportunity

Lancaster Corner Lot Investment Opportunity

Prime Commercial Land Opportunity

Off-Market Properties in Salem, OR

2205 Marine NW Dr

1053 Ruge NW St

890 Cascade NW Dr

181 Mcnary NW Ave

1304 Wallace NW Rd, Unit 1

1228 Dorval NW Ave

1142 6th NW St

1132 6th NW St

120 Hrubetz SE Rd

1065 Liberty SE St

1015 Liberty SE St

1225 8th NW St

424 Ctr NE St

1290 Chemeketa NE St

348 12th NE St

653 Fir Gdns NW St

220 Cottage NE St

601 Gln Crk NW Rd

Salem, OR Apartment Buildings Investment Opportunities Market Analysis

Property Size Breakdown

Demographics Overview

High-Yield Neighborhoods for Strategic Investment

Taxes & Financing

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