Salem, OR Residential Income Properties for Sale

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Keizer, OR Turner, OR Rickreall, OR

26 properties

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Updated: May 11

Manufactured Home Duplex on Acreage

4455 Blueberry (-4445) Ln NE, Salem, OR 97305

$665,000

4,192 sqft · 0.58 AC lot

Two well‑maintained manufactured homes on a 0.58‑acre lot with room to expand
Each home features an open layout with 2,096 sq ft, 2‑car garage, and a large yard
5‑year‑old composition roof on the homes
Each home includes stainless steel appliances
Flexible layout with multiple bedrooms and an office (Rooms listed: Bedroom 1‑6, Office, Bathrooms 1‑4)

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4455 Blueberry (-4445) Ln NE, Salem, OR 97305

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Est. Cap Rate

7.6%
Above avg (5.9%)
Est. NOI

$50K
Annual
Price @ 7% Cap

$719K
Above asking
Property Type

Mobile Home
Built 2004

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Updated: Jun 23

Duplex with Two 3BR Units

1825-1835 Turnage St NW, Salem, OR 97304

$599,900

2,268 sqft · 0.20 AC lot

Duplex built in 2002 with two 3‑bedroom, 2‑bath units
Each unit includes washer/dryer hookups and a fenced private backyard
Oversized attached garage for each unit with extra storage
New composition roof installed in 2024
Heating includes zoned heating and ductless/wall furnace with electric heat

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Multifamily Apartment Building with Laundry

1341 Saginaw St S, Salem, OR 97317

$899,900

5,278 sqft · 0.26 AC lot

Two-bedroom, one-bath units with off-street parking, on-site laundry, and electric heat with separate meters.

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Detached 4-Unit Multifamily Property

771 21st St SE, Salem, OR 97301

$550,000

2,282 sqft · 0.13 AC lot

Four separate 1-bedroom units with private entrances, in-unit appliances, and dedicated off-street parking.

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Well-Maintained Duplex with Private Deck

2572 Arroyo Ridge - 2574 Ct NW, Salem, OR 97304

$585,000

2,723 sqft · 0.20 AC lot

Duplex offers gas fireplace, vaulted living room ceilings, and a private deck, with attached multi-car garage.

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Well-Maintained Multifamily Investment Opportunity

4212 47TH Ave NE, Salem, OR 97305

$1,500,000

6,900 sqft · 0.17 AC lot

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

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Duplex with Attached Garages

3441 Livingston St NE, Salem, OR 97301

$450,000

2,000 sqft · 0.20 AC lot

Two 2-bedroom, 1-bath units each with an attached 1-car garage and private backyard space.

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Salem Duplex with Garages

3441 LIVINGSTON St, Salem, OR 97301

$450,000

2,000 sqft · 0.20 AC lot

Duplex in Salem with garages and private backyards.

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Remodeled Duplex with Two Driveways

2806 Livingston -2808 St NE, Salem, OR 97301

$504,900

2,474 sqft · 0.21 AC lot

Remodeled duplex on a corner lot with two driveways, garages, and separate yards for flexible resident use.

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Two-Unit Residential Income Duplex

3027 NE D St, Salem, OR 97301

$364,750

1,558 sqft · 0.09 AC lot

Duplex with two updated 1-bed, 1-bath units, shared laundry, and carport plus storage.

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Craftsman Duplex with ADU

380 Owens (& 1102 Fairmount) St S, Salem, OR 97302

$465,000

2,294 sqft · 0.17 AC lot

Corner-lot Craftsman home with a detached garage and an ADU above, offering flexible living or rental options.

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Restored Duplex in Southeast Salem

2684 12TH St, Salem, OR 97302

$460,500

1,008 sqft

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

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Newer Multifamily Building in Salem

2195 Audubon Avenue Southeast, Salem, OR 97302

$1,295,000

5,985 sqft · 0.18 AC lot

Six-unit multifamily property in master-planned sustainable community.

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Garden-Style 47-Unit Multifamily

4169 Campus Lp NE, Salem, OR 97305

$10,000,000

43,626 sqft · 2.98 AC lot

Garden-style multifamily property with 47 units and ample on-site parking in Salem, Oregon.

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Symmetrical Duplex Income Property

189 Stoneway Drive Northwest, Salem, OR 97304

$509,000

2,160 sqft

Two matching units make this duplex attractive for rental income and occupancy flexibility.

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Salem Fourplex with Rental Income

1385 Hines Street Southeast, Salem, OR 97302

$600,000

2,525 sqft

Fourplex in Salem with strong rental income potential.

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New Multifamily Infill Development

1380 Saginaw St S, Salem, OR 97302

$1,125,000

2,884 sqft

New multifamily property in desirable location near central business district.

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Salem Multifamily Investment Opportunity

2522 Simpson St SE, Salem, OR 97301

$895,000

4,202 sqft · 0.30 AC lot

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

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Historic Firehouse with Rental Upside

246 State St, Salem, OR 97301

$950,000

4 sqft

Remodeled historic building with retail space and vacation rental units.

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Well-Kept Duplex in SE Salem

4541-4551 Chippewa Ct SE, Salem, OR 97317

$485,000

2,130 sqft

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

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Charming Duplex with Recent Updates

4561 Chippewa Ct SE, Salem, OR 97317

$475,000

2,130 sqft

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

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Southeast Salem Duplex Portfolio

4133 & 4135 Campbell Dr SE, Salem, OR 97317

$799,000

3,744 sqft

Two well-maintained duplexes totaling four units in Southeast Salem.

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Value-Add Studio Apartment Property

1340-1348 & 1354 Lee St. SE, Salem, OR 97302

$495,000

1,624 sqft

Five-unit studio apartment building with value-add potential in Salem, Oregon.

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Phoenix RV Park & Storage

4130 Silverton Rd NE, Salem, OR 97305

$9,950,000

Well-maintained RV park and storage in Salem, Oregon.

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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 26 active listings on our real estate platform. These investment opportunities span a total of 106,606 square feet of properties for sale, with an estimated market value of $27,372,950.

Sale prices for residential income properties in Salem, OR start at $364,750, averaging $1,140,539, 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

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
97303	$350K
97317	$689.7K
97301	$695.4K
97304	$759.8K
97302	$971.8K

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

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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