Residential Income

Salem, OR Residential Income Properties for Sale

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Keizer, OR Turner, OR Aumsville, OR Jefferson, OR Independence, OR Brooks, OR Gervais, OR Klamath Falls, OR
62 properties
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Quadplex with Attached Garages
Updated: Aug 21
Quadplex with Attached Garages

1145 Lupin Ln NW, Salem, OR 97304

$1,450,000
5,522 sqft 0.20 AC lot
Four residences, each with 3 bedrooms and 2.5 bathrooms
5,522 square feet on a 0.2‑acre lot
Each unit has an attached single‑car garage and fenced, landscaped yard with artificial turf
Quartz countertops, LVP flooring, and air conditioning in each unit
Refrigerator, washer, and dryer included in each residence
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Townhouse-Style Quadplex with Garages
Updated: Aug 21
Townhouse-Style Quadplex with Garages

1725 SALISHAN St, Salem, OR 97302

$799,900
4,336 sqft 0.29 AC lot
Four‑unit townhouse‑style property with 4,336 square feet
Each residence has 2 bedrooms and 1.5 bathrooms
Private deck, laundry hookups, and attached single‑car garage per unit
New roof installed in 2020
RM2 zoning on a 0.29‑acre site
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Duplex With Updated Interiors
Duplex With Updated Interiors

1014-1016 Arthur Wy NW, Salem, OR 97304

$689,000
2,400 sqft 0.24 AC lot

Two residential units feature separate layouts, included appliances, patios, and zoned electric heating.

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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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New Four-Unit Quadplex with Garages
New Four-Unit Quadplex with Garages

1145 Lupin Ln NW, Salem, OR 97304

$1,450,000
5,522 sqft

Four residences offer three bedrooms, two-and-a-half baths, appliances, private yards, and attached parking.

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Two-Unit Duplex with Attached Garages
Two-Unit Duplex with Attached Garages

1027-1029 Arthur Wy NW, Salem, OR 97304

$799,000
3,440 sqft 0.20 AC lot

Each side includes four bedrooms, two and a half baths, quartz countertops, and an in-unit laundry area.

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Duplex with Updated Finishes
Duplex with Updated Finishes

1941 Turnage St NW, Salem, OR 97304

$529,000
2,170 sqft 0.24 AC lot

Two residential units offer matching bedroom layouts, private laundry rooms, and included appliances.

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Updated Duplex with Garage Improvements
Updated Duplex with Garage Improvements

3624 Hermosa Ct NE, Salem, OR 97305

$545,000
2,336 sqft 0.24 AC lot

Two residential units feature fireplaces, flexible attic storage, and distinct garage capacity.

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New Construction 4-Unit Quadplex
New Construction 4-Unit Quadplex

1390 Overlook Ave NW, Salem, OR 97304

$1,399,900
4,793 sqft

Four two-bedroom residences feature private laundry, covered patios, and contemporary craftsman interiors.

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Updated Duplex With Garages
Updated Duplex With Garages

3624 HERMOSA Ct NE, Salem, OR 97305

$545,000
2,336 sqft 0.24 AC lot

Two-unit property on a low-traffic cul-de-sac with fireplaces, storage areas, and substantial improvements to both residences.

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Four-Unit Townhouse Property
Four-Unit Townhouse Property

1725-1731 Salishan St SE, Salem, OR 97302

$799,900
4,336 sqft 0.29 AC lot

Each residence combines two bedrooms, one-and-a-half baths, laundry hookups, a deck, and an attached garage.

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Fenced Flex Space Property
Fenced Flex Space Property

3620 Mainline Dr NE, Salem, OR 97301

$1,730,000
4,250 sqft

IG-zoned flex property combines industrial space, a detached office, residential units, and secured outdoor areas.

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Three-Unit Triplex with Private Yards
Three-Unit Triplex with Private Yards

1848 Lansing Ave NE, Salem, OR 97301

$549,900
2,250 sqft 0.18 AC lot

Three two-bedroom residences each include a bathroom and a separate outdoor yard.

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Triplex with Private Yards
Triplex with Private Yards

1848 Lansing Av NE, Salem, OR 97301

$549,900
2,250 sqft 0.18 AC lot

Each residence has two bedrooms, one bathroom, and a private outdoor area.

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Two-Home Manufactured Duplex
Two-Home Manufactured Duplex

4455 Blueberry Ln NE, Salem, OR 97305

$599,900
4,192 sqft 0.58 AC lot

Two manufactured residences provide open interiors, private garages, stainless steel appliances, and substantial yard area.

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Two-Unit Duplex with Garages
Two-Unit Duplex with Garages

2486-2488 Wintergreen Av NW, Salem, OR 97304

$497,000
2,270 sqft 0.17 AC lot

Both residences include two bedrooms, two full bathrooms, in-unit laundry, and a private fenced yard.

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Triplex with Creekside Setting
Triplex with Creekside Setting

589 KNAPP Pl, Salem, OR 97301

$495,950
3,065 sqft 0.11 AC lot

Three separate residences combine a larger primary home with two matching cottage units and shared creek frontage.

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Townhouse-Style Fourplex with New Roof
Townhouse-Style Fourplex with New Roof

1725 Salishan St, Salem, OR 97302

$799,900
4,336 sqft

Four attached units offer private decks, laundry hookups, and dedicated single-car garages.

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Triplex With Two Cottages
Triplex With Two Cottages

589 Knapp Pl NE, Salem, OR 97301

$495,950
3,065 sqft 0.11 AC lot

Three separate residences include a larger primary home and two matching one-bedroom cottages.

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Remodeled 5-Plex with Sixth Unit
Remodeled 5-Plex with Sixth Unit

2005 Summer St SE, Salem, OR 97302

$1,100,000
5,784 sqft

Five units are leased, with a nearly completed one-bedroom, one-bath unit and parking via carport and driveway.

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Three-Building Duplex Portfolio
Three-Building Duplex Portfolio

4212 47TH Ave NE, Salem, OR 97305

$1,500,000
6,900 sqft 0.17 AC lot

Three separately addressed buildings offer individual driveways, off-street parking, and flexible financing options.

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Eight-Unit Mixed-Use Property
Eight-Unit Mixed-Use Property

1742 Center St, Salem, OR 97301

$850,000
5,099 sqft

Downtown corner property combines retail suites with residential apartments, private courtyard, and shared laundry.

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Updated Duplex with Patio
Updated Duplex with Patio

1885 Skyline Ct S, Salem, OR 97306

$489,900
1,854 sqft 0.16 AC lot

Duplex in RM2 zoning with one refreshed unit, natural-gas forced-air heat, and patio space.

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Four-Unit Townhouse-Style Quadplex
Four-Unit Townhouse-Style Quadplex

1725-1731 Salishan St SE, Salem, OR 97302

$799,900
4,336 sqft

Each residence includes private outdoor space, laundry hookups, and an attached garage.

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Townhouse-Style Triplex
Townhouse-Style Triplex

905 CHARTER Pl, Salem, OR 97301

$745,000
0.22 AC lot

Each residence includes multiple bedrooms, private garages, and forced-air heating.

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Salem, OR Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Salem, OR, showcased through 62 active listings on our real estate platform. These investment opportunities span a total of 219,386 square feet of properties for sale, with an estimated market value of $60,299,100.

Sale prices for residential income properties in Salem, OR start at $48,000, averaging $1,039,639, 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

Commercial property segments ranked by active listings on the market

Multifamily properties 64
Duplexes 34
Triplexes 10
Quadplexes 9
Apartment buildings 7

Demographics Overview

Population 279K
Population Growth (5Y) +5.0%
Median Household Income $76,436
College Educated 19.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
97306 $489.9K
97317 $511.7K
97302 $752K
97304 $771.9K
97301 $1.3M

Taxes & Financing

Tax Rate (average for all types) 1.85%
Property Tax per SF $20.84 per SF
Tax Rate vs County Average 0.05 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Marion County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Marion County

Retail

Residential Income

Property Size Breakdown

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

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