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    Salem, OR Residential Income Properties for Sale

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    Keizer, OR Rickreall, OR Jefferson, OR
    33 results
    Dual Living Opportunity in Salem
    $549,900
    2,272 SF

    Dual Living Opportunity in Salem

    3392 Sunnyview Rd NE, Salem, OR 97301

    Two homes on a 10,000+ sq ft lot near I5.

    • Dual living opportunity: Detached, virtually new (built 2022, finished 2025) second residence (897 sq ft, 2 bed + office, 1 bath) ideal for rental income, multigenerational living, or house hacking.
    • Main residence (1,375 sq ft) features 3 bedrooms, 2 bathrooms, updated kitchen, and a private primary suite with walk‑in closet and ensuite bathroom.
    • Both homes situated on a large (over 10,000 sq ft) lot with established landscaping, partially fenced yard, and dedicated firepit area.
    • Main home is move‑in ready with new flooring (2025), newer furnace and water heater, and vinyl double pane windows.
    • Excellent location with exceptional proximity to shopping and I5.
    Updated: May 5
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    Salem Duplex on Corner Lot
    $440,000
    2,118 SF

    Salem Duplex on Corner Lot

    836 ELDIN Ave, Salem, OR 97317

    Duplex with assumable loan option in Four Corners neighborhood.

    • Assumable loan option at 3.25%
    • Duplex on a quarter acre corner lot
    • Each unit has its own laundry, private yard with storage, and designated address
    • Updates throughout both homes including new quartz counter tops, tile back splash, stainless steel appliances, tiled bathroom, and new interior paint
    • Detached oversized garage plus spacious driveways for ample parking
    Updated: Feb 17
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    Salem Multifamily Property For Sale
    $850,000
    3,907 SF

    Salem Multifamily Property For Sale

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

    2245-2285 Breyman St NE, Salem, OR 97301
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    Salem 4-Plex Near Downtown
    $550,000
    2,282 SF

    Salem 4-Plex Near Downtown

    Charming 4-unit multifamily property near downtown Salem.

    771 21st St SE, Salem, OR 97301
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    Salem Duplex with Garages
    $450,000
    2,000 SF

    Salem Duplex with Garages

    Duplex in Salem with garages and private backyards.

    3441 LIVINGSTON St, Salem, OR 97301
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    Salem Duplex with Garages
    $450,000
    2,000 SF

    Salem Duplex with Garages

    Duplex in Salem with garages and private backyards.

    3441 Livingston St NE, Salem, OR 97301
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    Salem Multifamily Property with Updates
    $899,900
    5,278 SF

    Salem Multifamily Property with Updates

    Multifamily property in South Central Salem with recent renovations.

    1341 Saginaw St S, Salem, OR 97317
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    West Salem Triplex For Sale
    $500,000
    2,880 SF

    West Salem Triplex For Sale

    Triplex in excellent West Salem location with private fenced yards.

    174 NW STONEWAY Dr, Salem, OR 97304
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    Spacious Duplex on Large Lot
    $675,000
    4,192 SF

    Spacious Duplex on Large Lot

    Two well-maintained homes on 0.58 acres, ideal for investment.

    4455 Blueberry (-4445) Ln NE, Salem, OR 97305
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    Duplex with Income Potential
    $799,000
    4,262 SF

    Duplex with Income Potential

    Duplex with ADU and Airbnb potential in Salem, Oregon.

    1525 SE LEE St, Salem, OR 97302
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    Well-Maintained Multifamily Investment Opportunity
    $1,500,000
    6,900 SF

    Well-Maintained Multifamily Investment Opportunity

    Three duplexes in Salem, OR, fully occupied and professionally managed.

    4212 47TH Ave NE, Salem, OR 97305
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    Income Property with Updated Units
    $364,750
    1,558 SF

    Income Property with Updated Units

    Duplex in Salem, OR, featuring updated units and shared amenities.

    3027 NE D St, Salem, OR 97301
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    Salem Duplex on Corner Lot
    $508,000
    2,474 SF

    Salem Duplex on Corner Lot

    Duplex on large corner lot with ample parking.

    2806 Livingston -2808 St NE, Salem, OR 97301
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    Restored Duplex in Southeast Salem
    $460,500
    1,008 SF

    Restored Duplex in Southeast Salem

    Charming, updated duplex ideal for owner-occupants or multi-generational living.

    2684 12TH St, Salem, OR 97302
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    Six-Unit Cottage Cluster Investment
    $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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    Salem Fourplex with Rental Income
    $600,000
    2,525 SF

    Salem Fourplex with Rental Income

    Fourplex in Salem with strong rental income potential.

    1385 Hines Street Southeast, Salem, OR 97302
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    South Salem Fourplex Investment Opportunity
    $749,900
    4,096 SF

    South Salem Fourplex Investment Opportunity

    Well-maintained four-unit property with stable tenants in South Salem.

    1480 Salishan St SE, Salem, OR 97302
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    Well-Kept Duplex in SE Salem
    $485,000
    2,130 SF

    Well-Kept Duplex in SE Salem

    Duplex in SE Salem ideal for owner-occupants or investors.

    4541-4551 Chippewa Ct SE, Salem, OR 97317
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    Duplex in West Salem Hills
    $675,000
    0.20 Acres

    Duplex in West Salem Hills

    Well-maintained duplex in desirable West Salem neighborhood, suitable for investment.

    2572 & 2574 Arroyo Ridge Ct NW, Salem, OR 97304
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    47-Unit Multifamily Property in Salem
    $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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    Charming Duplex with Recent Updates
    $475,000
    2,130 SF

    Charming Duplex with Recent Updates

    Well-maintained duplex featuring updated amenities and stable rental history.

    4561 Chippewa Ct SE, Salem, OR 97317
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    West Salem Multifamily Property
    $825,000
    3,570 SF

    West Salem Multifamily Property

    Multifamily property in West Salem with a lovely setting.

    1519 6th St NW, Salem, OR 97304
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    Historic Firehouse with Rental Upside
    $950,000

    Historic Firehouse with Rental Upside

    Remodeled historic building with retail space and vacation rental units.

    246 State St, Salem, OR 97301
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    Salem Office with Studio Apartment
    $719,900
    2,754 SF

    Salem Office with Studio Apartment

    Two-story office conversion with studio apartment and parking lot.

    1705 Commercial St SE, Salem, OR 97302
    View details

    Salem, OR Residential Income Properties Investment Opportunities Market Analysis

    Explore 304 residential income properties for sale in Salem, OR, showcased through 33 active listings on our real estate platform. These investment opportunities span a total of 121,353 square feet of properties for sale, with an estimated market value of $29,939,850.

    Sale prices for residential income properties in Salem, OR start at $364,750, averaging $1,108,883, 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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    Top Commercial Asset Segments

    Multifamily properties 32
    Duplexes 14
    Apartment buildings 6
    Quadplexes 5
    Mobile home & RV parks 3

    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
    97306 $489.9K
    97317 $641.8K
    97304 $675K
    97301 $776.5K
    97302 $964.4K

    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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    Most Searched ZIP Codes in Salem, OR

    • 97301
    • 97302
    • 97317
    • 97305
    • 97304
    • 97306

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