Real Estate Investment Properties for Sale in Salem, OR

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

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

Investment Property for Sale in Salem, OR

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1564 CENTER St NE Salem, OR Hello from Salem's Northeast Neighbors area, where timeless charm, mature tree-lined stree...	3 beds \| 2 baths \| 2,222 sq.ft.	$344,900	Airbnb cash on cash: 0.68% Traditional cash on cash: 5.61% Airbnb Rental Income: $1402 Traditional Rental Income: $2576 Airbnb ROI: 0.68% Traditional ROI: 5.61%
4417 BATTLE CREEK Rd SE Salem, OR Set on a private half-acre flag lot property this one-of-a-kind home blends rustic farmhou...	3 beds \| 2 baths \| 2,693 sq.ft.	$575,000	Airbnb cash on cash: -0.17% Traditional cash on cash: 5.28% Airbnb Rental Income: $1503 Traditional Rental Income: $3992 Airbnb ROI: -0.17% Traditional ROI: 5.28%
4074 Aden Pl NE Salem, OR Well-maintained 2-story condo in a convenient Salem location! Walk to Chemeketa Community ...	3 beds \| 3 baths \| 1,564 sq.ft.	$315,000	Airbnb cash on cash: 0.24% Traditional cash on cash: 6.61% Airbnb Rental Income: $1289 Traditional Rental Income: $2774 Airbnb ROI: 0.24% Traditional ROI: 6.61%
8623 Blackhawk Ct SE Salem, OR $40,000 seller credit toward closing costs! This special home on 2.02 acres boasts a detac...	4 beds \| 5 baths \| 3,764 sq.ft.	$1,299,979	Airbnb cash on cash: -0.97% Traditional cash on cash: 3.88% Airbnb Rental Income: $1458 Traditional Rental Income: $6888 Airbnb ROI: -0.97% Traditional ROI: 3.88%
5874 Flairstone Ct SE Salem, OR Accepted Offer with Contingencies. Spacious, light-filled home in excellent condition on a...	3 beds \| 3 baths \| 2,020 sq.ft.	$519,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 4.9% Airbnb Rental Income: $1646 Traditional Rental Income: $3509 Airbnb ROI: 0.11% Traditional ROI: 4.9%
408 La Cresta Dr SE Salem, OR South Salem Views and Location, schools, amenities, finishes and space! The welcoming entr...	4 beds \| 3 baths \| 2,254 sq.ft.	$565,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.44% Airbnb Rental Income: $null Traditional Rental Income: $3594 Airbnb ROI: N/A Traditional ROI: 4.44%
2334 Doaks Ferry Rd NW Salem, OR This beautiful acreage has views, pond, and treed setting with city services available. Va...	3 beds \| 3 baths \| 2,372 sq.ft.	$889,000	Airbnb cash on cash: -1% Traditional cash on cash: 3% Airbnb Rental Income: $1182 Traditional Rental Income: $4105 Airbnb ROI: -1% Traditional ROI: 3%
2335 Maplewood Dr S Salem, OR Accepted Offer with Contingencies. Tucked off the street in sought-after South Salem, this...	3 beds \| 3 baths \| 1,588 sq.ft.	$445,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 4.16% Airbnb Rental Income: $1557 Traditional Rental Income: $2797 Airbnb ROI: 0.11% Traditional ROI: 4.16%
2612 Goodin Pl S Salem, OR Elegant home on one acre offering formal living and dining rooms, a private office with bu...	4 beds \| 4 baths \| 3,588 sq.ft.	$1,150,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.29% Airbnb Rental Income: $null Traditional Rental Income: $5608 Airbnb ROI: N/A Traditional ROI: 3.29%
2305 Mosswood Ct S Salem, OR Updated tri-level home packed with upgrades! Enjoy a modern kitchen with gas range/oven an...	4 beds \| 3 baths \| 2,064 sq.ft.	$589,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.69% Airbnb Rental Income: $null Traditional Rental Income: $3138 Airbnb ROI: N/A Traditional ROI: 3.69%
1540 Madelyn Av SE Salem, OR This updated condo features a brand new water heater, natural light, two spacious master s...	2 beds \| 3 baths \| 1,256 sq.ft.	$266,900	Airbnb cash on cash: -1.17% Traditional cash on cash: 5.69% Airbnb Rental Income: $1139 Traditional Rental Income: $2489 Airbnb ROI: -1.17% Traditional ROI: 5.69%
2839 CHURCH St SE Salem, OR Charming well-loved 50s ranch; situated on a large lot with mature fruit trees and grape v...	4 beds \| 2 baths \| 1,287 sq.ft.	$381,500	Airbnb cash on cash: -0.13% Traditional cash on cash: 5.27% Airbnb Rental Income: $1093 Traditional Rental Income: $2656 Airbnb ROI: -0.13% Traditional ROI: 5.27%
4575 Antonia Av NE Salem, OR Well cared for 4 bed 2.5 bath with great curb appeal. Home is located close to schools & n...	4 beds \| 3 baths \| 1,896 sq.ft.	$454,900	Airbnb cash on cash: 0.09% Traditional cash on cash: 5.82% Airbnb Rental Income: $1458 Traditional Rental Income: $3463 Airbnb ROI: 0.09% Traditional ROI: 5.82%
1145 Duffield Heights Av SE Salem, OR South Salem home in a desirable, established neighborhood featuring hardwood floors and a ...	4 beds \| 2 baths \| 2,754 sq.ft.	$569,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.2% Airbnb Rental Income: $null Traditional Rental Income: $3861 Airbnb ROI: N/A Traditional ROI: 5.2%
5171 Lardon Rd NE Salem, OR Accepted Offer with Contingencies. Country setting with sweeping views of farmland, mounta...	3 beds \| 2 baths \| 1,756 sq.ft.	$475,000	Airbnb cash on cash: 0.35% Traditional cash on cash: 5.01% Airbnb Rental Income: $1379 Traditional Rental Income: $3033 Airbnb ROI: 0.35% Traditional ROI: 5.01%
1425 Marshall Dr SE Salem, OR PRICE REDUCTION!! MOTIVATED SELLERS! Absolutely adorable home located in desirable south S...	3 beds \| 1 baths \| 1,576 sq.ft.	$399,999	Airbnb cash on cash: 0.93% Traditional cash on cash: 3.03% Airbnb Rental Income: $1503 Traditional Rental Income: $1852 Airbnb ROI: 0.93% Traditional ROI: 3.03%
5411 Tullimoor St SE Salem, OR Attention ALL investors, looking for a fixer, sweat equity, rental, or first time home buy...	4 beds \| 3 baths \| 1,839 sq.ft.	$489,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.26% Airbnb Rental Income: $null Traditional Rental Income: $2557 Airbnb ROI: N/A Traditional ROI: 3.26%
5133 Sycan Ct SE Salem, OR Accepted Offer with Contingencies. Tucked away on a quiet cul-de-sac in South Salem, this ...	3 beds \| 2 baths \| 1,396 sq.ft.	$424,900	Airbnb cash on cash: 0.83% Traditional cash on cash: 4.1% Airbnb Rental Income: $1646 Traditional Rental Income: $2485 Airbnb ROI: 0.83% Traditional ROI: 4.1%
395 22nd St SE Salem, OR Step into the charm of 1901 in this inviting Central Salem home, where history meets every...	3 beds \| 2 baths \| 2,156 sq.ft.	$399,900	Airbnb cash on cash: 0.61% Traditional cash on cash: 7.1% Airbnb Rental Income: $1386 Traditional Rental Income: $3399 Airbnb ROI: 0.61% Traditional ROI: 7.1%
8235 72ND Ave NE Salem, OR Welcome to a thoughtfully updated property offering space, versatility, and a peaceful set...	3 beds \| 2 baths \| 2,496 sq.ft.	$645,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 4.19% Airbnb Rental Income: $1289 Traditional Rental Income: $3562 Airbnb ROI: -0.26% Traditional ROI: 4.19%
3669 Lachs Ct S Salem, OR Welcome Home... if you want a unique home in a neighborhood that is tucked away yet still ...	3 beds \| 3 baths \| 1,950 sq.ft.	$540,000	Airbnb cash on cash: -0.92% Traditional cash on cash: 3.09% Airbnb Rental Income: $1104 Traditional Rental Income: $2755 Airbnb ROI: -0.92% Traditional ROI: 3.09%
355 24th St SE Salem, OR Accepted Offer with Contingencies. Seller offers $5000 towards buyer closing cost. Stylish...	2 beds \| 1 baths \| 1,548 sq.ft.	$369,900	Airbnb cash on cash: 1.04% Traditional cash on cash: 2.86% Airbnb Rental Income: $1495 Traditional Rental Income: $1689 Airbnb ROI: 1.04% Traditional ROI: 2.86%
1354 LEA ANN Ct NW Salem, OR Welcome to the Sun and Moon House, a charming custom home perched on a hill in a private c...	3 beds \| 2 baths \| 1,963 sq.ft.	$560,000	Airbnb cash on cash: -0.6% Traditional cash on cash: 3.84% Airbnb Rental Income: $1182 Traditional Rental Income: $3120 Airbnb ROI: -0.6% Traditional ROI: 3.84%
2354 Bluebell Av SE Salem, OR Exquisite home features vaulted ceilings & arched windows. Natural light accentuates fine ...	4 beds \| 3 baths \| 2,680 sq.ft.	$719,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.93% Airbnb Rental Income: $null Traditional Rental Income: $4134 Airbnb ROI: N/A Traditional ROI: 3.93%
1637 PTARMIGAN St NW Salem, OR Every corner of this custom-built, two-story airy sanctuary whispers intention; every fini...	4 beds \| 3 baths \| 3,835 sq.ft.	$819,900	Airbnb cash on cash: -1.52% Traditional cash on cash: 1.93% Airbnb Rental Income: $995 Traditional Rental Income: $3279 Airbnb ROI: -1.52% Traditional ROI: 1.93%
4985 Ward Dr NE Salem, OR Accepted Offer with Contingencies. *PRICE IMPROVEMENT*Welcome home in a convenient loc...	4 beds \| 3 baths \| 2,412 sq.ft.	$529,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 5.7% Airbnb Rental Income: $1617 Traditional Rental Income: $3924 Airbnb ROI: 0.11% Traditional ROI: 5.7%
272 LAURINE St NE Salem, OR Well-designed modern home home w/ new roof, 4 bedrooms + office & 2.5 baths w/ a desirable...	4 beds \| 3 baths \| 2,359 sq.ft.	$485,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 4.17% Airbnb Rental Income: $1625 Traditional Rental Income: $2939 Airbnb ROI: 0.26% Traditional ROI: 4.17%
7184 Battle Creek Rd SE Salem, OR WELCOME HOME...Tucked along a quiet stretch of South Salem, this woodland retreat feels li...	3 beds \| 3 baths \| 2,669 sq.ft.	$585,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 5.15% Airbnb Rental Income: $1646 Traditional Rental Income: $3831 Airbnb ROI: 0.3% Traditional ROI: 5.15%
1840 Rees Hill Rd SE Salem, OR Accepted Offer with Contingencies.	3 beds \| 2 baths \| 1,515 sq.ft.	$336,000	Airbnb cash on cash: 1.17% Traditional cash on cash: 6.17% Airbnb Rental Income: $1646 Traditional Rental Income: $2760 Airbnb ROI: 1.17% Traditional ROI: 6.17%
4748 Astronaut Av NE Salem, OR Accepted Offer with Contingencies. This beautifully upgraded Cambridge plan offers modern ...	4 beds \| 3 baths \| 2,326 sq.ft.	$499,000	Airbnb cash on cash: 0.18% Traditional cash on cash: 6.61% Airbnb Rental Income: $1617 Traditional Rental Income: $4160 Airbnb ROI: 0.18% Traditional ROI: 6.61%
3753 Galloway St S Salem, OR Accepted Offer with Contingencies. Welcome to this 3,000 sqft home with 4 bedrooms plus a ...	4 beds \| 3 baths \| 3,000 sq.ft.	$649,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.44% Airbnb Rental Income: $null Traditional Rental Income: $3624 Airbnb ROI: N/A Traditional ROI: 3.44%
2747 Fillmore Av NW Salem, OR Accepted Offer with Contingencies. RELOCATING! MUST SELL! MAKE AN OFFER! Primary suite on...	3 beds \| 3 baths \| 2,617 sq.ft.	$534,900	Airbnb cash on cash: -0.73% Traditional cash on cash: 5.47% Airbnb Rental Income: $1182 Traditional Rental Income: $3894 Airbnb ROI: -0.73% Traditional ROI: 5.47%
1490 Madelyn Av SE Salem, OR Affordable Luxury! Two Master Suites Speak for themselves! Very nice & bright townhome. ...	2 beds \| 3 baths \| 1,256 sq.ft.	$284,800	Airbnb cash on cash: 0.46% Traditional cash on cash: 6.84% Airbnb Rental Income: $1139 Traditional Rental Income: $2471 Airbnb ROI: 0.46% Traditional ROI: 6.84%
1075 Vista Av SE Salem, OR Accepted Offer with Contingencies. Motivated Seller! Welcome to this cozy 1-bedroom home o...	1 beds \| 1 baths \| 814 sq.ft.	$299,000	Airbnb cash on cash: -0.34% Traditional cash on cash: 3.36% Airbnb Rental Income: $750 Traditional Rental Income: $1476 Airbnb ROI: -0.34% Traditional ROI: 3.36%
1763 York Butte Av SE Salem, OR 2021 Wind River Home's tour home. Beautiful 20' ceilings, floor to ceiling tiled fireplace...	4 beds \| 4 baths \| 3,150 sq.ft.	$819,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.05% Airbnb Rental Income: $null Traditional Rental Income: $5380 Airbnb ROI: N/A Traditional ROI: 5.05%
4081 HAWTHORNE Ave NE Salem, OR If you had your eyes on this one but couldn't afford the upgrades, then look again because...	4 beds \| 3 baths \| 2,496 sq.ft.	$480,000	Airbnb cash on cash: 0.44% Traditional cash on cash: 7.23% Airbnb Rental Income: $1617 Traditional Rental Income: $4205 Airbnb ROI: 0.44% Traditional ROI: 7.23%
174 NW STONEWAY Dr Salem, OR Hard to find triplex in excellent West Salem location! Each unit is similar, with two over...	6 beds \| 6 baths \| 2,880 sq.ft.	$550,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.74% Airbnb Rental Income: $null Traditional Rental Income: $6609 Airbnb ROI: N/A Traditional ROI: 10.74%
3047 Leah St NE Salem, OR This well maintained home offers great value with several recent updates and thoughtful fe...	3 beds \| 3 baths \| 1,601 sq.ft.	$450,000	Airbnb cash on cash: 0.18% Traditional cash on cash: 4.85% Airbnb Rental Income: $1379 Traditional Rental Income: $2931 Airbnb ROI: 0.18% Traditional ROI: 4.85%
3158 19th Pl NW Salem, OR This spacious home nestled in a quiet culdesac, in a highly sought after area of Salem, ha...	4 beds \| 2 baths \| 2,190 sq.ft.	$435,000	Airbnb cash on cash: -0.61% Traditional cash on cash: 7.18% Airbnb Rental Income: $995 Traditional Rental Income: $3816 Airbnb ROI: -0.61% Traditional ROI: 7.18%
4109 Illahe River Ct S Salem, OR PRICE REDUCTION, $35K below appraisal! Custom ILLAHE home 4brm, 3 ba, 3164sf, Chef's kitch...	4 beds \| 3 baths \| 3,164 sq.ft.	$1,065,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.44% Airbnb Rental Income: $null Traditional Rental Income: $4403 Airbnb ROI: N/A Traditional ROI: 2.44%

Real Estate investment in Salem, OR

There are 322 properties for sale in the city of Salem . The median list price in Salem is $475,000 and the average price per square foot is $222. In April 2026, the average monthly cash on cash return in Salem is 5.00%. The average monthly rental income in Salem is $2,931.

Salem, OR Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 322 investment properties available for sale in Salem.

In 2026, the best neighborhood to buy investment property is North East Salem.

The ROI for Short-Term is higher than the Long-Term in Salem with average rental income of $1,458.

Your search for investment property begins and ends here

Investment Property for Sale in Salem, OR

1564 CENTER St NE

Salem, OR

3 beds | 2 baths | 2,222 sq.ft.

$344,900

Airbnb cash on cash: 0.68%

Traditional cash on cash: 5.61%

Airbnb Rental Income: $1402

Traditional Rental Income: $2576

Airbnb ROI: 0.68%

Traditional ROI: 5.61%

4417 BATTLE CREEK Rd SE

Salem, OR

3 beds | 2 baths | 2,693 sq.ft.

$575,000

Airbnb cash on cash: -0.17%

Traditional cash on cash: 5.28%

Airbnb Rental Income: $1503

Traditional Rental Income: $3992

Airbnb ROI: -0.17%

Traditional ROI: 5.28%

4074 Aden Pl NE

Salem, OR

3 beds | 3 baths | 1,564 sq.ft.

$315,000

Airbnb cash on cash: 0.24%

Traditional cash on cash: 6.61%

Airbnb Rental Income: $1289

Traditional Rental Income: $2774

Airbnb ROI: 0.24%

Traditional ROI: 6.61%

8623 Blackhawk Ct SE

Salem, OR

4 beds | 5 baths | 3,764 sq.ft.

$1,299,979

Airbnb cash on cash: -0.97%

Traditional cash on cash: 3.88%

Airbnb Rental Income: $1458

Traditional Rental Income: $6888

Airbnb ROI: -0.97%

Traditional ROI: 3.88%

5874 Flairstone Ct SE

Salem, OR

3 beds | 3 baths | 2,020 sq.ft.

$519,000

Airbnb cash on cash: 0.11%

Traditional cash on cash: 4.9%

Airbnb Rental Income: $1646

Traditional Rental Income: $3509

Airbnb ROI: 0.11%

Traditional ROI: 4.9%

408 La Cresta Dr SE

Salem, OR

4 beds | 3 baths | 2,254 sq.ft.

$565,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.44%

Airbnb Rental Income: $null

Traditional Rental Income: $3594

Airbnb ROI: N/A

Traditional ROI: 4.44%

2334 Doaks Ferry Rd NW

Salem, OR

3 beds | 3 baths | 2,372 sq.ft.

$889,000

Airbnb cash on cash: -1%

Traditional cash on cash: 3%

Airbnb Rental Income: $1182

Traditional Rental Income: $4105

Airbnb ROI: -1%

Traditional ROI: 3%

2335 Maplewood Dr S

Salem, OR

3 beds | 3 baths | 1,588 sq.ft.

$445,000

Airbnb cash on cash: 0.11%

Traditional cash on cash: 4.16%

Airbnb Rental Income: $1557

Traditional Rental Income: $2797

Airbnb ROI: 0.11%