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
4250 Silverton Rd NE Salem, OR Back on market, no fault of the property. Investor/Developer Opportunity!!! 3/1 Move in...	3 beds \| 1 baths \| 1,120 sq.ft.	$375,000	Airbnb cash on cash: 2.19% Traditional cash on cash: 5.66% Airbnb Rental Income: $1944 Traditional Rental Income: $2652 Airbnb ROI: 2.19% Traditional ROI: 5.66%
1639 Nut Tree Dr NW Salem, OR One of the most beautiful homes in Salemtowne! Fully updated with no detail left out. The ...	3 beds \| 3 baths \| 2,367 sq.ft.	$575,000	Airbnb cash on cash: 0.05% Traditional cash on cash: 5.27% Airbnb Rental Income: $1586 Traditional Rental Income: $3932 Airbnb ROI: 0.05% Traditional ROI: 5.27%
810 MISSOURI AVE Salem, OR This home has it all!Beautiful custom built 2707 sq.ft, 3 bedroom, 2.5 bath luxury home ne...	3 beds \| 3 baths \| 2,707 sq.ft.	$740,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 3.6% Airbnb Rental Income: $2096 Traditional Rental Income: $3961 Airbnb ROI: 0.12% Traditional ROI: 3.6%
4598 Grand Fir Ln S Salem, OR Custom home on 1.75 park-like acres in an upscale country setting close to town. Open floo...	3 beds \| 3 baths \| 3,364 sq.ft.	$1,010,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 2.49% Airbnb Rental Income: $1997 Traditional Rental Income: $4019 Airbnb ROI: -0.21% Traditional ROI: 2.49%
8623 Blackhawk Ct SE Salem, OR This 2.02-acre property boasts a 3,764 square foot home, 3-car garage, and RV garage with ...	4 beds \| 5 baths \| 3,764 sq.ft.	$1,350,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.7% Airbnb Rental Income: $null Traditional Rental Income: $6888 Airbnb ROI: N/A Traditional ROI: 3.7%
814 Crouchen St NW Salem, OR This spacious 2-story home features 3 bedrooms, 2.5 bathrooms, and an extra room perfect f...	3 beds \| 3 baths \| 1,407 sq.ft.	$410,000	Airbnb cash on cash: 0.67% Traditional cash on cash: 5% Airbnb Rental Income: $1586 Traditional Rental Income: $2796 Airbnb ROI: 0.67% Traditional ROI: 5%
3872 Galloway St S Salem, OR Beautifully maintained single-level home in the Bailey Ridge neighborhood! This inviting p...	3 beds \| 2 baths \| 2,027 sq.ft.	$599,900	Airbnb cash on cash: 0.35% Traditional cash on cash: 3.24% Airbnb Rental Income: $1997 Traditional Rental Income: $3098 Airbnb ROI: 0.35% Traditional ROI: 3.24%
2670 Brooks Av NE Salem, OR Welcome home to this thoughtfully designed and well maintained NE Salem townhome. This hom...	3 beds \| 2 baths \| 1,260 sq.ft.	$315,000	Airbnb cash on cash: 2.63% Traditional cash on cash: 6.02% Airbnb Rental Income: $1967 Traditional Rental Income: $2454 Airbnb ROI: 2.63% Traditional ROI: 6.02%
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: -0.59% Traditional cash on cash: 3% Airbnb Rental Income: $1586 Traditional Rental Income: $4105 Airbnb ROI: -0.59% Traditional ROI: 3%
2025 Cole Rd S Salem, OR This home and the land have been reengineered. The updated home features two primary suit...	3 beds \| 3 baths \| 1,922 sq.ft.	$739,999	Airbnb cash on cash: 0.56% Traditional cash on cash: 3.92% Airbnb Rental Income: $2029 Traditional Rental Income: $3820 Airbnb ROI: 0.56% Traditional ROI: 3.92%
2278 Liberty St NE Salem, OR RM Zoned 3 bedrooms 2 bath single level home, Updates include, kitchen counter tops and ca...	3 beds \| 2 baths \| 1,683 sq.ft.	$359,950	Airbnb cash on cash: 2.04% Traditional cash on cash: 6.51% Airbnb Rental Income: $1967 Traditional Rental Income: $2959 Airbnb ROI: 2.04% Traditional ROI: 6.51%
244 14TH ST Salem, OR Nestled just moments from downtown, state offices, and Willamette University, this charmin...	2 beds \| 1 baths \| 1,312 sq.ft.	$389,995	Airbnb cash on cash: 2.27% Traditional cash on cash: 4.05% Airbnb Rental Income: $2068 Traditional Rental Income: $2184 Airbnb ROI: 2.27% Traditional ROI: 4.05%
925 Shipping St NE Salem, OR Beautifully updated mid-century home with original glowing oak hard wood floors. Living ro...	3 beds \| 2 baths \| 1,059 sq.ft.	$369,900	Airbnb cash on cash: 2.47% Traditional cash on cash: 5.86% Airbnb Rental Income: $2094 Traditional Rental Income: $2731 Airbnb ROI: 2.47% Traditional ROI: 5.86%
1029 Evergreen NE Av Salem, OR Charming 3-bedroom ranch with vintage warmth and modern convenience. Welcome to this delig...	3 beds \| 2 baths \| 1,611 sq.ft.	$415,000	Airbnb cash on cash: 1.35% Traditional cash on cash: 5.65% Airbnb Rental Income: $1821 Traditional Rental Income: $3002 Airbnb ROI: 1.35% Traditional ROI: 5.65%
1715 York Butte Av SE Salem, OR Quality home in Sabre Ridge Estates. Spacious one level home featuring great room with gas...	3 beds \| 2 baths \| 2,180 sq.ft.	$649,900	Airbnb cash on cash: 0.33% Traditional cash on cash: 3.74% Airbnb Rental Income: $2007 Traditional Rental Income: $3554 Airbnb ROI: 0.33% Traditional ROI: 3.74%
1230 Marstone St SE Salem, OR Price Reduction! $5,000 towards buyer closing costs. Generous corner lot with plenty of pa...	3 beds \| 3 baths \| 1,625 sq.ft.	$464,000	Airbnb cash on cash: 1.18% Traditional cash on cash: 4.59% Airbnb Rental Income: $2007 Traditional Rental Income: $2964 Airbnb ROI: 1.18% Traditional ROI: 4.59%
6195 PEAR TREE LN Salem, OR This updated split-level colonial sits on just over 3 acres and offers a flexible layout, ...	3 beds \| 3 baths \| 2,886 sq.ft.	$950,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 2.97% Airbnb Rental Income: $2175 Traditional Rental Income: $3986 Airbnb ROI: 0.3% Traditional ROI: 2.97%
3818 Village Center Dr SE Salem, OR Accepted Offer with Contingencies. This stylish 3-bedroom, 2.5-bath home in the Pringle Cr...	3 beds \| 3 baths \| 1,560 sq.ft.	$437,500	Airbnb cash on cash: 1.38% Traditional cash on cash: 4.94% Airbnb Rental Income: $2124 Traditional Rental Income: $3038 Airbnb ROI: 1.38% Traditional ROI: 4.94%
1640 Davidson St SE Salem, OR Charming Vintage home blt in 1953 âCovered front porch overlooks beautifully landscaped ...	2 beds \| 1 baths \| 877 sq.ft.	$359,900	Airbnb cash on cash: 2.73% Traditional cash on cash: 4.41% Airbnb Rental Income: $2068 Traditional Rental Income: $2101 Airbnb ROI: 2.73% Traditional ROI: 4.41%
7184 Battle Creek Rd SE Salem, OR WELCOME HOME...Ordinary houses are for ordinary people. See what makes this house extraord...	3 beds \| 3 baths \| 2,669 sq.ft.	$675,000	Airbnb cash on cash: 0.64% Traditional cash on cash: 4.37% Airbnb Rental Income: $2007 Traditional Rental Income: $3831 Airbnb ROI: 0.64% Traditional ROI: 4.37%
5979 Poppy Hills St SE Salem, OR NEW ROOF, newer A/C and newer water Heater! Look no further, this lovely Creekside home ha...	5 beds \| 3 baths \| 2,816 sq.ft.	$650,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.82% Airbnb Rental Income: $null Traditional Rental Income: $4336 Airbnb ROI: N/A Traditional ROI: 4.82%
5305 Red Leaf Dr S Salem, OR This single-story home will welcome you with its amazing, vaulted ceiling and unique expos...	3 beds \| 2 baths \| 1,373 sq.ft.	$429,900	Airbnb cash on cash: 1.62% Traditional cash on cash: 4.1% Airbnb Rental Income: $2029 Traditional Rental Income: $2498 Airbnb ROI: 1.62% Traditional ROI: 4.1%
259 Stoneway Dr NW Salem, OR Accepted Offer with Contingencies. Mid-Century Modern with Dual-Living Potential in West S...	4 beds \| 2 baths \| 1,960 sq.ft.	$424,900	Airbnb cash on cash: 1.29% Traditional cash on cash: 6.89% Airbnb Rental Income: $1856 Traditional Rental Income: $3587 Airbnb ROI: 1.29% Traditional ROI: 6.89%
4748 Astronaut Av NE Salem, OR This beautifully upgraded Cambridge plan offers modern comfort and style with an open-conc...	4 beds \| 3 baths \| 2,326 sq.ft.	$519,900	Airbnb cash on cash: 0.93% Traditional cash on cash: 6.31% Airbnb Rental Income: $2085 Traditional Rental Income: $4160 Airbnb ROI: 0.93% Traditional ROI: 6.31%
2858 Oakcrest Dr NW Salem, OR Perfect size and location in Salemtowne, an active 55+ community with golf, pickleball, po...	1 beds \| 1 baths \| 776 sq.ft.	$280,000	Airbnb cash on cash: 0.19% Traditional cash on cash: 2.68% Airbnb Rental Income: $983 Traditional Rental Income: $1289 Airbnb ROI: 0.19% Traditional ROI: 2.68%
4512 Herrin Rd NE Salem, OR Accepted Offer with Contingencies. Beautifully maintained 3 bedroom, 1.5 bath home with a ...	3 beds \| 2 baths \| 1,279 sq.ft.	$394,999	Airbnb cash on cash: 2.16% Traditional cash on cash: 5.5% Airbnb Rental Income: $1944 Traditional Rental Income: $2666 Airbnb ROI: 2.16% Traditional ROI: 5.5%
1835 Wakefield Ct NW Salem, OR Wilark Park NW! Cul-De-Dac Charming 2 story home with recent upgrades. Covered front porch...	4 beds \| 2 baths \| 1,696 sq.ft.	$460,000	Airbnb cash on cash: 1.13% Traditional cash on cash: 5.28% Airbnb Rental Income: $1856 Traditional Rental Income: $3143 Airbnb ROI: 1.13% Traditional ROI: 5.28%
1417 Orchard Heights Rd NW Salem, OR ASSUMABLE 2.62% interest rate loan! Inquire with your showing. Income producing property &...	4 beds \| 4 baths \| 4,097 sq.ft.	$725,000	Airbnb cash on cash: -0.17% Traditional cash on cash: 4.06% Airbnb Rental Income: $1856 Traditional Rental Income: $4216 Airbnb ROI: -0.17% Traditional ROI: 4.06%
4081 NE HAWTHORNE AVE Salem, OR This 4-bedroom, 3-bath home offers 2,496 sq. ft. of comfort, functionality, and timeless c...	4 beds \| 3 baths \| 2,496 sq.ft.	$533,000	Airbnb cash on cash: 1.15% Traditional cash on cash: 6.48% Airbnb Rental Income: $2085 Traditional Rental Income: $4205 Airbnb ROI: 1.15% Traditional ROI: 6.48%
5915 SE LONE OAK RD Salem, OR Spacious Luxury in South Salem!Discover this beautiful 4-bedroom home in one of South Sale...	4 beds \| 3 baths \| 2,860 sq.ft.	$629,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.94% Airbnb Rental Income: $null Traditional Rental Income: $3695 Airbnb ROI: N/A Traditional ROI: 3.94%
4086 Judy Av NE Salem, OR Welcome to 4086 Judy Ave NE in Salemâa fantastic opportunity for multi-generational or d...	4 beds \| 3 baths \| 2,362 sq.ft.	$479,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.6% Airbnb Rental Income: $null Traditional Rental Income: $4299 Airbnb ROI: N/A Traditional ROI: 7.6%
4109 Illahe River Ct S Salem, OR Custom home in Illahe River, Illahe's newest development. 4brm, 3 bath, 3164sf, Chef's kit...	4 beds \| 3 baths \| 3,164 sq.ft.	$1,149,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.28% Airbnb Rental Income: $null Traditional Rental Income: $4403 Airbnb ROI: N/A Traditional ROI: 2.28%
3301 Bluff Av SE Salem, OR Spacious, one level mid-century modern gem, offering 2500+ SF w/ 3 bdrms & 2 bthrms. Nestl...	3 beds \| 2 baths \| 2,510 sq.ft.	$630,000	Airbnb cash on cash: 0.71% Traditional cash on cash: 4.38% Airbnb Rental Income: $2124 Traditional Rental Income: $3740 Airbnb ROI: 0.71% Traditional ROI: 4.38%
3882 Rogue Av S Salem, OR A Bumpable Offer has Been Accepted. Experience comfort & style in this stunning 4-bed, 3-b...	4 beds \| 3 baths \| 2,871 sq.ft.	$725,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.14% Airbnb Rental Income: $null Traditional Rental Income: $4317 Airbnb ROI: N/A Traditional ROI: 4.14%
4792 NE LANCASTER DR #112 Salem, OR Sellers motivated on this adorable, efficient, affordable and secure townhouse. This charm...	2 beds \| 2 baths \| 928 sq.ft.	$225,000	Airbnb cash on cash: 1.4% Traditional cash on cash: 6.86% Airbnb Rental Income: $1615 Traditional Rental Income: $2319 Airbnb ROI: 1.4% Traditional ROI: 6.86%
771 21st St SE Salem, OR 4 plex investor opportunity in central Salem with potential to assume FHA mortgage at 2.75...	4 beds \| 4 baths \| 2,282 sq.ft.	$625,000	Airbnb cash on cash: 1.02% Traditional cash on cash: 5.57% Airbnb Rental Income: $2131 Traditional Rental Income: $4237 Airbnb ROI: 1.02% Traditional ROI: 5.57%
1335 Kathy St S Salem, OR Accepted Offer with Contingencies. This recently updated home offers a bright, open floor ...	3 beds \| 2 baths \| 1,555 sq.ft.	$460,000	Airbnb cash on cash: 1.28% Traditional cash on cash: 4.25% Airbnb Rental Income: $2029 Traditional Rental Income: $2780 Airbnb ROI: 1.28% Traditional ROI: 4.25%
1082 Cascade Dr NW Salem, OR Save $$$ with this rare opportunity to assume an amazing 3.75% loan with an approximate ba...	3 beds \| 2 baths \| 1,996 sq.ft.	$400,000	Airbnb cash on cash: 0.92% Traditional cash on cash: 6.92% Airbnb Rental Income: $1586 Traditional Rental Income: $3384 Airbnb ROI: 0.92% Traditional ROI: 6.92%
3676 Myrla Ct S Salem, OR This home is a true Oregon gem that is immediately welcoming, yet full of hidden spaces th...	4 beds \| 3 baths \| 3,190 sq.ft.	$639,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.61% Airbnb Rental Income: $null Traditional Rental Income: $4688 Airbnb ROI: N/A Traditional ROI: 5.61%
2012 Hollywood Dr NE Salem, OR Seller may consider some concessions depending on offer! Charming Home w/ a Private Backya...	2 beds \| 1 baths \| 990 sq.ft.	$317,449	Airbnb cash on cash: 3.03% Traditional cash on cash: 5.29% Airbnb Rental Income: $2082 Traditional Rental Income: $2220 Airbnb ROI: 3.03% Traditional ROI: 5.29%

Real Estate investment in Salem, OR

There are 320 properties for sale in the city of Salem . The median list price in Salem is $460,000 and the average price per square foot is $221. In September 2025, the average monthly cash on cash return in Salem is 5.00%. The average monthly rental income in Salem is $2,989.

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

There are 320 investment properties available for sale in Salem.

In 2025, the best neighborhood to buy investment property is North East Salem.

The ROI for Long-Term is higher than the Short-Term in Salem with average rental income of $2,989.

Your search for investment property begins and ends here

Investment Property for Sale in Salem, OR

4250 Silverton Rd NE

Salem, OR

3 beds | 1 baths | 1,120 sq.ft.

$375,000

Airbnb cash on cash: 2.19%

Traditional cash on cash: 5.66%

Airbnb Rental Income: $1944

Traditional Rental Income: $2652

Airbnb ROI: 2.19%

Traditional ROI: 5.66%

1639 Nut Tree Dr NW

Salem, OR

3 beds | 3 baths | 2,367 sq.ft.

$575,000

Airbnb cash on cash: 0.05%

Traditional cash on cash: 5.27%

Airbnb Rental Income: $1586

Traditional Rental Income: $3932

Airbnb ROI: 0.05%

Traditional ROI: 5.27%

810 MISSOURI AVE

Salem, OR

3 beds | 3 baths | 2,707 sq.ft.

$740,000

Airbnb cash on cash: 0.12%

Traditional cash on cash: 3.6%

Airbnb Rental Income: $2096

Traditional Rental Income: $3961

Airbnb ROI: 0.12%

Traditional ROI: 3.6%

4598 Grand Fir Ln S

Salem, OR

3 beds | 3 baths | 3,364 sq.ft.

$1,010,000

Airbnb cash on cash: -0.21%

Traditional cash on cash: 2.49%

Airbnb Rental Income: $1997

Traditional Rental Income: $4019

Airbnb ROI: -0.21%

Traditional ROI: 2.49%

8623 Blackhawk Ct SE

Salem, OR

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

$1,350,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.7%

Airbnb Rental Income: $null

Traditional Rental Income: $6888

Airbnb ROI: N/A

Traditional ROI: 3.7%

814 Crouchen St NW

Salem, OR

3 beds | 3 baths | 1,407 sq.ft.

$410,000

Airbnb cash on cash: 0.67%

Traditional cash on cash: 5%

Airbnb Rental Income: $1586

Traditional Rental Income: $2796

Airbnb ROI: 0.67%

Traditional ROI: 5%

3872 Galloway St S

Salem, OR

3 beds | 2 baths | 2,027 sq.ft.

$599,900

Airbnb cash on cash: 0.35%

Traditional cash on cash: 3.24%

Airbnb Rental Income: $1997

Traditional Rental Income: $3098

Airbnb ROI: 0.35%

Traditional ROI: 3.24%

2670 Brooks Av NE

Salem, OR

3 beds | 2 baths | 1,260 sq.ft.

$315,000

Airbnb cash on cash: 2.63%

Traditional cash on cash: 6.02%

Airbnb Rental Income: $1967

Traditional Rental Income: $2454

Airbnb ROI: 2.63%