Real Estate Investment Properties for Sale in Salem, IN

Looking for investment property in Salem, IN with high ROI ?

Explore a variety of short-term homes & houses in Salem, IN. Invest wisely with VRBO & Salem, IN Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Single Family Homes for Sale in Salem, IN

Search for Single Family Residential for Sale in Salem, Indiana. Browse all of Mashvisor’s Single Family Residential listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 103 Single Family Residential listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
408 W Small St Salem, IN 408 W Small St, Salem, IN 47106 \| Single Family Residential	3 beds \| 2 baths \| 1,387 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.31% Airbnb Rental Income: $null Traditional Rental Income: $1941 Airbnb ROI: N/A Traditional ROI: 6.31%
412 W Small St Salem, IN 412 W Small St, Salem, IN 47106 \| Single Family Residential	3 beds \| 2 baths \| 1,387 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.23% Airbnb Rental Income: $null Traditional Rental Income: $1923 Airbnb ROI: N/A Traditional ROI: 6.23%
410 W Small St Salem, IN 410 W Small St, Salem, IN 47106 \| Single Family Residential	3 beds \| 2 baths \| 1,387 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.31% Airbnb Rental Income: $null Traditional Rental Income: $1941 Airbnb ROI: N/A Traditional ROI: 6.31%
406 W Small St Salem, IN 406 W Small St, Salem, IN 47106 \| Single Family Residential	3 beds \| 2 baths \| 1,387 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.31% Airbnb Rental Income: $null Traditional Rental Income: $1941 Airbnb ROI: N/A Traditional ROI: 6.31%
708 N Water St Salem, IN 2 Story Victorian Style Home 3BR/1-1/2BA. This homes has many recent updates: NEW HVAC-AU...	3 beds \| 1 baths \| 1,420 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.58% Airbnb Rental Income: $null Traditional Rental Income: $1219 Airbnb ROI: N/A Traditional ROI: 4.58%
116 Nichols Ave Salem, IN This all brick 3 bedroom home is conveniently located in a quiet neighborhood. Enjoy the c...	3 beds \| 1 baths \| 1,056 sq.ft.	$165,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.45% Airbnb Rental Income: $null Traditional Rental Income: $1234 Airbnb ROI: N/A Traditional ROI: 5.45%
500 Florence St Salem, IN Very few properties come on the market that are comparable to this 1950's ranch style hom...	3 beds \| 1 baths \| 936 sq.ft.	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.66% Airbnb Rental Income: $null Traditional Rental Income: $1094 Airbnb ROI: N/A Traditional ROI: 3.66%
1100 Pine Meadow Dr Salem, IN NEW CONSTRUCTION...Stunning home featuring open concept living, kitchen and dining area, l...	3 beds \| 2 baths \| 1,680 sq.ft.	$299,995	Airbnb cash on cash: N/A Traditional cash on cash: 4.31% Airbnb Rental Income: $null Traditional Rental Income: $1829 Airbnb ROI: N/A Traditional ROI: 4.31%
506 Pilgrim Way Salem, IN Reduced! Discover a remarkable living opportunity at 506 Pilgrim WAY, SALEM, IN. This sing...	3 beds \| 2 baths \| 1,404 sq.ft.	$129,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.87% Airbnb Rental Income: $null Traditional Rental Income: $1679 Airbnb ROI: N/A Traditional ROI: 9.87%
404 E Mulberry St Salem, IN SELLERS HAVE INVESTED OVER $70,000 - CUSTOM WINDOWS, NEW ROOF, NEW SIDING, AND TANKLESS HO...	2 beds \| 2 baths \| 2,040 sq.ft.	$209,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.46% Airbnb Rental Income: $null Traditional Rental Income: $1488 Airbnb ROI: N/A Traditional ROI: 5.46%
4249 W Grandview Rd Salem, IN Come see this rustic log cabin-like property in the country! Reclaimed logs along the fron...	3 beds \| 1 baths \| 1,482 sq.ft.	$132,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.08% Airbnb Rental Income: $null Traditional Rental Income: $1225 Airbnb ROI: N/A Traditional ROI: 7.08%
2975 N Old 56 Salem, IN Open House Tuesday from 5-7pm. Country setting on 9.55 acres, ranch style home with 3 bedr...	3 beds \| 2 baths \| 1,400 sq.ft.	$330,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.5% Airbnb Rental Income: $null Traditional Rental Income: $1661 Airbnb ROI: N/A Traditional ROI: 3.5%
102 Nichols Ave Salem, IN Comfortable all brick ranch home with 3BR, 1 bath and attached 1 car garage with an added ...	3 beds \| 1 baths \| 1,192 sq.ft.	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.73% Airbnb Rental Income: $null Traditional Rental Income: $1176 Airbnb ROI: N/A Traditional ROI: 4.73%
201 Jackson St Salem, IN Flexibility! Brand New Metal Roof installed, new gutters to be installed in July (have inv...	2 beds \| 1 baths \| 816 sq.ft.	$149,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.95% Airbnb Rental Income: $null Traditional Rental Income: $1047 Airbnb ROI: N/A Traditional ROI: 4.95%
4461 N Cox Ferry Rd Salem, IN Positioned on 3.43 ACRES in Washington County, this 3 bedroom, 3-bath home delivers a stro...	3 beds \| 2 baths \| 2,400 sq.ft.	$360,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.71% Airbnb Rental Income: $null Traditional Rental Income: $2415 Airbnb ROI: N/A Traditional ROI: 5.71%
3028 S Middle Fork Ln Salem, IN New 2022 three bedroom and two full bath home in Salem on over an acre! Split floor plan ...	3 beds \| 2 baths \| 1,680 sq.ft.	$235,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.8% Airbnb Rental Income: $null Traditional Rental Income: $1853 Airbnb ROI: N/A Traditional ROI: 6.8%
104 N Brandywine Ct Salem, IN All brick, one-level living on a quiet cul-de-sac in Salem. This three-bedroom home had ne...	3 beds \| 1 baths \| 1,188 sq.ft.	$185,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.17% Airbnb Rental Income: $null Traditional Rental Income: $858 Airbnb ROI: N/A Traditional ROI: 3.17%
776 N Abbott Ln Salem, IN Check out this Bedford Stone home with a country setting yet only six minutes for the Sale...	3 beds \| 1 baths \| 1,056 sq.ft.	$199,400	Airbnb cash on cash: N/A Traditional cash on cash: 4.89% Airbnb Rental Income: $null Traditional Rental Income: $1382 Airbnb ROI: N/A Traditional ROI: 4.89%
1562 E Martinsburg Rd Salem, IN YOU DON"T WANT TO MISS THIS ONE!!! ONLY 2 MINUTES to HWY 60! This is a must see! Could be...	4 beds \| 2 baths \| 5,814 sq.ft.	$750,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.16% Airbnb Rental Income: $null Traditional Rental Income: $2794 Airbnb ROI: N/A Traditional ROI: 2.16%
412 S Highland Dr Salem, IN LIKE NEW ranch style 2020 built home in the new Hidden Hills subdivsion. This beautiful h...	3 beds \| 2 baths \| 1,304 sq.ft.	$230,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.92% Airbnb Rental Income: $null Traditional Rental Income: $1748 Airbnb ROI: N/A Traditional ROI: 5.92%
409 N Water St Salem, IN BEAUTIFUL HISTORIC CHARM...with a history documented from 1815, this former school house f...	3 beds \| 1 baths \| 1,520 sq.ft.	$155,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.31% Airbnb Rental Income: $null Traditional Rental Income: $1921 Airbnb ROI: N/A Traditional ROI: 10.31%
303 W Market St Salem, IN Where classic charm meets modern living! This beautifully remodeled 4-bedroom, 3-bath home...	4 beds \| 3 baths \| 3,022 sq.ft.	$199,500	Airbnb cash on cash: N/A Traditional cash on cash: 11.1% Airbnb Rental Income: $null Traditional Rental Income: $2666 Airbnb ROI: N/A Traditional ROI: 11.1%
4946 W Arrow Rd Salem, IN You do not want to miss this one! BRAND NEW METAL ROOF! Beautiful cabin with oak hardwood ...	5 beds \| 2 baths \| 4,960 sq.ft.	$450,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.8% Airbnb Rental Income: $null Traditional Rental Income: $2715 Airbnb ROI: N/A Traditional ROI: 4.8%
128 Walnut Rdg Salem, IN 128 Walnut Rdg, Salem, IN 47167 \| Single Family Residential	3 beds \| 1 baths \| 1,746 sq.ft.	$159,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.45% Airbnb Rental Income: $null Traditional Rental Income: $1201 Airbnb ROI: N/A Traditional ROI: 5.45%
115 Lincoln Ave Salem, IN 115 Lincoln Ave, Salem, IN 47167 \| Single Family Residential	3 beds \| 1 baths \| 960 sq.ft.	$194,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.14% Airbnb Rental Income: $null Traditional Rental Income: $1016 Airbnb ROI: N/A Traditional ROI: 3.14%
905 N Locust St Salem, IN 905 N Locust St, Salem, IN 47167 \| Single Family Residential	3 beds \| 1 baths \| 796 sq.ft.	$105,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.39% Airbnb Rental Income: $null Traditional Rental Income: $931 Airbnb ROI: N/A Traditional ROI: 6.39%
115 N Harristown Rd Salem, IN 115 N Harristown Rd, Salem, IN 47167 \| Single Family Residential	3 beds \| 1 baths \| 2,024 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.65% Airbnb Rental Income: $null Traditional Rental Income: $1161 Airbnb ROI: N/A Traditional ROI: 1.65%
3226 W State Road 56 Salem, IN 3226 W State Road 56, Salem, IN 47167 \| Single Family Residential	1 beds \| 1 baths \| 1,050 sq.ft.	$394,900	Airbnb cash on cash: N/A Traditional cash on cash: -0.14% Airbnb Rental Income: $null Traditional Rental Income: $724 Airbnb ROI: N/A Traditional ROI: -0.14%
2376 N Eunice Dr Salem, IN 2376 N Eunice Dr, Salem, IN 47167 \| Single Family Residential	3 beds \| 1 baths \| 1,188 sq.ft.	$139,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.69% Airbnb Rental Income: $null Traditional Rental Income: $1103 Airbnb ROI: N/A Traditional ROI: 5.69%
2620 W Cody Rd Salem, IN Welcome to country living at its finest! Once you cross the covered bridge, awaiting you i...	3 beds \| 2 baths \| 2,894 sq.ft.	$625,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.5% Airbnb Rental Income: $null Traditional Rental Income: $2500 Airbnb ROI: N/A Traditional ROI: 2.5%
1789 N Peacock Hollow Rd Salem, IN 1789 N Peacock Hollow Rd, Salem, IN 47167 \| Single Family Residential	5 beds \| N/A baths \| 3,012 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.7% Airbnb Rental Income: $null Traditional Rental Income: $1914 Airbnb ROI: N/A Traditional ROI: 3.7%
107 N Walker Blvd Salem, IN 107 N Walker Blvd, Salem, IN 47167 \| Single Family Residential	3 beds \| 2 baths \| 2,665 sq.ft.	$310,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.37% Airbnb Rental Income: $null Traditional Rental Income: $1907 Airbnb ROI: N/A Traditional ROI: 4.37%
1706 E Lewellen Rd Salem, IN Just what you've been waiting for. Beautiful 4BR ,2.5 BA 2812 sq ft. Victorian style home ...	4 beds \| 2 baths \| 2,812 sq.ft.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.31% Airbnb Rental Income: $null Traditional Rental Income: $2681 Airbnb ROI: N/A Traditional ROI: 6.31%
506 N College Ave Salem, IN 506 N College Ave, Salem, IN 47167 \| Single Family Residential	3 beds \| 1 baths \| 1,216 sq.ft.	$212,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.37% Airbnb Rental Income: $null Traditional Rental Income: $1144 Airbnb ROI: N/A Traditional ROI: 3.37%
120 N Nichols Ave Salem, IN 120 N Nichols Ave, Salem, IN 47167 \| Single Family Residential	3 beds \| 1 baths \| 1,092 sq.ft.	$169,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.41% Airbnb Rental Income: $null Traditional Rental Income: $1105 Airbnb ROI: N/A Traditional ROI: 4.41%
205 E Arthur St Salem, IN Adorable MOVE IN READY Bungalow with a 16 x 24 detached BLOCK GARAGE with electric and con...	1 beds \| 1 baths \| 720 sq.ft.	$134,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.58% Airbnb Rental Income: $null Traditional Rental Income: $856 Airbnb ROI: N/A Traditional ROI: 3.58%
3568 W Mount Tabor Rd Salem, IN 3568 W Mount Tabor Rd, Salem, IN 47167 \| Single Family Residential	3 beds \| 2 baths \| 1,362 sq.ft.	$255,700	Airbnb cash on cash: N/A Traditional cash on cash: 3.47% Airbnb Rental Income: $null Traditional Rental Income: $1375 Airbnb ROI: N/A Traditional ROI: 3.47%
101 Oakwood Dr Salem, IN 101 Oakwood Dr, Salem, IN 47167 \| Single Family Residential	3 beds \| 2 baths \| 1,760 sq.ft.	$240,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.71% Airbnb Rental Income: $null Traditional Rental Income: $1579 Airbnb ROI: N/A Traditional ROI: 4.71%
2322 N Whiskey Hollow Rd Salem, IN 2322 N Whiskey Hollow Rd, Salem, IN 47167 \| Single Family Residential	6 beds \| N/A baths \| 4,480 sq.ft.	$500,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.99% Airbnb Rental Income: $null Traditional Rental Income: $1887 Airbnb ROI: N/A Traditional ROI: 1.99%
701 E Hackberry St Salem, IN 701 E Hackberry St, Salem, IN 47167 \| Single Family Residential	3 beds \| 2 baths \| 1,248 sq.ft.	$190,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.87% Airbnb Rental Income: $null Traditional Rental Income: $1306 Airbnb ROI: N/A Traditional ROI: 4.87%

Your search for investment property begins and ends here

Single Family Homes for Sale in Salem, IN

408 W Small St

Salem, IN

3 beds | 2 baths | 1,387 sq.ft.

$239,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.31%

Airbnb Rental Income: $null

Traditional Rental Income: $1941

Airbnb ROI: N/A

Traditional ROI: 6.31%

412 W Small St

Salem, IN

3 beds | 2 baths | 1,387 sq.ft.

$239,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.23%

Airbnb Rental Income: $null

Traditional Rental Income: $1923

Airbnb ROI: N/A

Traditional ROI: 6.23%

410 W Small St

Salem, IN

3 beds | 2 baths | 1,387 sq.ft.

$239,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.31%

Airbnb Rental Income: $null

Traditional Rental Income: $1941

Airbnb ROI: N/A

Traditional ROI: 6.31%

406 W Small St

Salem, IN

3 beds | 2 baths | 1,387 sq.ft.

$239,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.31%

Airbnb Rental Income: $null

Traditional Rental Income: $1941

Airbnb ROI: N/A

Traditional ROI: 6.31%

708 N Water St

Salem, IN

3 beds | 1 baths | 1,420 sq.ft.

$199,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.58%

Airbnb Rental Income: $null

Traditional Rental Income: $1219

Airbnb ROI: N/A

Traditional ROI: 4.58%

116 Nichols Ave

Salem, IN

3 beds | 1 baths | 1,056 sq.ft.

$165,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.45%

Airbnb Rental Income: $null

Traditional Rental Income: $1234

Airbnb ROI: N/A

Traditional ROI: 5.45%

500 Florence St

Salem, IN

3 beds | 1 baths | 936 sq.ft.

$179,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.66%

Airbnb Rental Income: $null

Traditional Rental Income: $1094

Airbnb ROI: N/A

Traditional ROI: 3.66%

1100 Pine Meadow Dr

Salem, IN

3 beds | 2 baths | 1,680 sq.ft.

$299,995

Airbnb cash on cash: N/A

Traditional cash on cash: 4.31%

Airbnb Rental Income: $null

Traditional Rental Income: $1829

Airbnb ROI: N/A