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
4417 SE BATTLE CREEK RD Salem, OR $20K Price Drop from original! Privacy on .5 acre & 5 minutes to I5, stores & Costco. Lots...	4 beds \| 2 baths \| 2,693 sq.ft.	$620,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.9% Airbnb Rental Income: $null Traditional Rental Income: $3992 Airbnb ROI: N/A Traditional ROI: 4.9%
4250 Silverton Rd NE Salem, OR Accepted Offer with Contingencies. Back on market, no fault of the property. Investor/De...	3 beds \| 1 baths \| 1,120 sq.ft.	$375,000	Airbnb cash on cash: 2.13% Traditional cash on cash: 5.66% Airbnb Rental Income: $1918 Traditional Rental Income: $2652 Airbnb ROI: 2.13% 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: -0.2% Traditional cash on cash: 5.27% Airbnb Rental Income: $1426 Traditional Rental Income: $3932 Airbnb ROI: -0.2% 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: -0.46% Traditional cash on cash: 3.6% Airbnb Rental Income: $1617 Traditional Rental Income: $3961 Airbnb ROI: -0.46% Traditional ROI: 3.6%
4598 Grand Fir Ln S Salem, OR Accepted Offer with Contingencies. Custom home on 1.70 park-like acres in an upscale count...	3 beds \| 3 baths \| 3,364 sq.ft.	$999,000	Airbnb cash on cash: -0.65% Traditional cash on cash: 2.53% Airbnb Rental Income: $1498 Traditional Rental Income: $4019 Airbnb ROI: -0.65% Traditional ROI: 2.53%
8623 Blackhawk Ct SE Salem, OR Discover the ultimate living experience with an exceptional property featuring a separateÂ...	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%
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: -0.4% Traditional cash on cash: 3.24% Airbnb Rental Income: $1498 Traditional Rental Income: $3098 Airbnb ROI: -0.4% Traditional ROI: 3.24%
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: -0.75% Traditional cash on cash: 3% Airbnb Rental Income: $1426 Traditional Rental Income: $4105 Airbnb ROI: -0.75% Traditional ROI: 3%
741 Van Buren Dr NW Salem, OR Woodhaven Estates!! Gorgeous 2 story home on large terraced lot boasting 2345 SF with rece...	4 beds \| 3 baths \| 2,345 sq.ft.	$580,000	Airbnb cash on cash: 0.42% Traditional cash on cash: 5.54% Airbnb Rental Income: $1956 Traditional Rental Income: $4212 Airbnb ROI: 0.42% Traditional ROI: 5.54%
6311 Fairway Av SE Salem, OR Discover comfort in this cozy 2-bed, 1.5-bath condo. A beautiful brick fireplace and brigh...	2 beds \| 2 baths \| 1,384 sq.ft.	$274,900	Airbnb cash on cash: 2.76% Traditional cash on cash: 7.06% Airbnb Rental Income: $1801 Traditional Rental Income: $2425 Airbnb ROI: 2.76% Traditional ROI: 7.06%
2025 Cole Rd S Salem, OR Accepted Offer with Contingencies. This home and the land have been reengineered. The upd...	3 beds \| 3 baths \| 1,922 sq.ft.	$699,999	Airbnb cash on cash: 0.24% Traditional cash on cash: 4.2% Airbnb Rental Income: $1709 Traditional Rental Income: $3820 Airbnb ROI: 0.24% Traditional ROI: 4.2%
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.	$384,995	Airbnb cash on cash: 1.55% Traditional cash on cash: 4.12% Airbnb Rental Income: $1738 Traditional Rental Income: $2184 Airbnb ROI: 1.55% Traditional ROI: 4.12%
925 Shipping St NE Salem, OR Accepted Offer with Contingencies. Beautifully updated mid-century home with original glow...	3 beds \| 2 baths \| 1,059 sq.ft.	$369,900	Airbnb cash on cash: 1.25% Traditional cash on cash: 5.86% Airbnb Rental Income: $1586 Traditional Rental Income: $2731 Airbnb ROI: 1.25% Traditional ROI: 5.86%
2286 Greentree Dr NE Salem, OR Accepted Offer with Contingencies. Accepting back up offers! Discover a spacious home on a...	3 beds \| 2 baths \| 2,061 sq.ft.	$400,000	Airbnb cash on cash: 1.28% Traditional cash on cash: 6.91% Airbnb Rental Income: $1918 Traditional Rental Income: $3523 Airbnb ROI: 1.28% Traditional ROI: 6.91%
1029 Evergreen NE Av Salem, OR Charming Ranch with Major Updates & Assumable VA Loan. This 3 bedroom, 2 bath ranch (1,611...	3 beds \| 2 baths \| 1,611 sq.ft.	$410,000	Airbnb cash on cash: 1.44% Traditional cash on cash: 5.73% Airbnb Rental Income: $1851 Traditional Rental Income: $3002 Airbnb ROI: 1.44% Traditional ROI: 5.73%
4770 Dalke Ct NE Salem, OR Open House Sunday October 12th 2:00 to 4:00! Welcome to this immaculate updated home nestl...	3 beds \| 2 baths \| 1,651 sq.ft.	$449,900	Airbnb cash on cash: 1.41% Traditional cash on cash: 5.25% Airbnb Rental Income: $1918 Traditional Rental Income: $3025 Airbnb ROI: 1.41% Traditional ROI: 5.25%
1715 York Butte Av SE Salem, OR Accepted Offer with Contingencies. Quality home in Sabre Ridge Estates. Spacious one level...	3 beds \| 2 baths \| 2,180 sq.ft.	$649,900	Airbnb cash on cash: -0.12% Traditional cash on cash: 3.74% Airbnb Rental Income: $1684 Traditional Rental Income: $3554 Airbnb ROI: -0.12% Traditional ROI: 3.74%
1230 Marstone St SE Salem, OR 10k Price Reduction! $5,000 towards buyer closing costs. Generous corner lot with plenty o...	3 beds \| 3 baths \| 1,625 sq.ft.	$454,000	Airbnb cash on cash: 0.59% Traditional cash on cash: 4.71% Airbnb Rental Income: $1684 Traditional Rental Income: $2964 Airbnb ROI: 0.59% Traditional ROI: 4.71%
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: 1.94% Traditional cash on cash: 4.41% Airbnb Rental Income: $1749 Traditional Rental Income: $2101 Airbnb ROI: 1.94% 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.	$649,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 4.58% Airbnb Rental Income: $1684 Traditional Rental Income: $3831 Airbnb ROI: 0.26% Traditional ROI: 4.58%
5979 Poppy Hills St SE Salem, OR WOW Priced to sell!!! NEW 50 Year ROOF with warranty, newer dual zoned A/C and newer water...	5 beds \| 3 baths \| 2,816 sq.ft.	$600,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.3% Airbnb Rental Income: $null Traditional Rental Income: $4336 Airbnb ROI: N/A Traditional ROI: 5.3%
1290 Madrona Av SE Salem, OR Stunning renovation in SE Salem with valley, downtown, and distant mountain views! This 3 ...	3 beds \| 3 baths \| 1,820 sq.ft.	$585,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 4.12% Airbnb Rental Income: $1724 Traditional Rental Income: $3262 Airbnb ROI: 0.43% Traditional ROI: 4.12%
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: 1.32% Traditional cash on cash: 6.31% Airbnb Rental Income: $2313 Traditional Rental Income: $4160 Airbnb ROI: 1.32% 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.	$270,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 2.82% Airbnb Rental Income: $979 Traditional Rental Income: $1289 Airbnb ROI: 0.22% Traditional ROI: 2.82%
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: 1.32% Traditional cash on cash: 5.28% Airbnb Rental Income: $1956 Traditional Rental Income: $3143 Airbnb ROI: 1.32% Traditional ROI: 5.28%
173 Salem Heights Av SE Salem, OR Property Zoned MU-III with both residential and commercial potential, this beautifully upd...	5 beds \| 2 baths \| 2,330 sq.ft.	$550,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.04% Airbnb Rental Income: $null Traditional Rental Income: $3533 Airbnb ROI: N/A Traditional ROI: 5.04%
1417 Orchard Heights Rd NW Salem, OR Accepted Offer with Contingencies. ASSUMABLE 2.62% interest rate loan! Inquire with your s...	4 beds \| 4 baths \| 4,097 sq.ft.	$725,000	Airbnb cash on cash: -0.04% Traditional cash on cash: 4.06% Airbnb Rental Income: $1956 Traditional Rental Income: $4216 Airbnb ROI: -0.04% Traditional ROI: 4.06%
1075 Vista Av SE Salem, OR Welcome to this cozy 1-bedroom home on a spacious 0.18-acre lot, offering plenty of room t...	1 beds \| 1 baths \| 814 sq.ft.	$320,000	Airbnb cash on cash: 1.34% Traditional cash on cash: 3.08% Airbnb Rental Income: $1370 Traditional Rental Income: $1476 Airbnb ROI: 1.34% Traditional ROI: 3.08%
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.	$520,000	Airbnb cash on cash: 1.59% Traditional cash on cash: 6.66% Airbnb Rental Income: $2313 Traditional Rental Income: $4205 Airbnb ROI: 1.59% Traditional ROI: 6.66%
4792 Lancaster #124 Dr NE Salem, OR Updated condo in a private gated community with easy access to I-5 and nearby amenities. U...	2 beds \| 2 baths \| 928 sq.ft.	$239,000	Airbnb cash on cash: 2.74% Traditional cash on cash: 8.37% Airbnb Rental Income: $1614 Traditional Rental Income: $2428 Airbnb ROI: 2.74% Traditional ROI: 8.37%
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.	$472,500	Airbnb cash on cash: N/A Traditional cash on cash: 7.72% Airbnb Rental Income: $null Traditional Rental Income: $4299 Airbnb ROI: N/A Traditional ROI: 7.72%
4109 Illahe River Ct S Salem, OR $15K PRICE REDUCTION. Custom home in Illahe River, Illahe's newest development. 4brm, 3 ba...	4 beds \| 3 baths \| 3,164 sq.ft.	$1,134,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.32% Airbnb Rental Income: $null Traditional Rental Income: $4403 Airbnb ROI: N/A Traditional ROI: 2.32%
3301 Bluff Av SE Salem, OR Spacious, one level mid-century rambler, offering 2500+ SF w/ 3 bdrms & 2 bthrms. Nestled ...	3 beds \| 2 baths \| 2,510 sq.ft.	$630,000	Airbnb cash on cash: 0.14% Traditional cash on cash: 4.38% Airbnb Rental Income: $1724 Traditional Rental Income: $3740 Airbnb ROI: 0.14% 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: $1614 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.	$600,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.84% Airbnb Rental Income: $null Traditional Rental Income: $4237 Airbnb ROI: N/A Traditional ROI: 5.84%
2012 Hollywood Dr NE Salem, OR A Bumpable Offer has Been Accepted. Charming Home w/ a Private Backyard Oasis! Enjoy your ...	2 beds \| 1 baths \| 990 sq.ft.	$317,449	Airbnb cash on cash: 2.32% Traditional cash on cash: 5.29% Airbnb Rental Income: $1827 Traditional Rental Income: $2220 Airbnb ROI: 2.32% Traditional ROI: 5.29%
2776 MIA CT Salem, OR Absolutely Gorgeous and well-kept home in the most desirable neighborhood, walking distanc...	3 beds \| 3 baths \| 1,984 sq.ft.	$479,900	Airbnb cash on cash: 0.43% Traditional cash on cash: 5.98% Airbnb Rental Income: $1724 Traditional Rental Income: $3736 Airbnb ROI: 0.43% Traditional ROI: 5.98%
1836 Center St NE Salem, OR BOM, Buyer lost financing. Appraised at 399,000. Charming light & bright home updated kitc...	4 beds \| 1 baths \| 1,990 sq.ft.	$380,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.92% Airbnb Rental Income: $null Traditional Rental Income: $2868 Airbnb ROI: N/A Traditional ROI: 5.92%

Real Estate investment in Salem, OR

There are 306 properties for sale in the city of Salem . The median list price in Salem is $464,900 and the average price per square foot is $220. In October 2025, the average monthly cash on cash return in Salem is 5.00%. The average monthly rental income in Salem is $3,104.

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

There are 306 investment properties available for sale in Salem.

In 2025, the best neighborhood to buy investment property is Northgate.

The ROI for Long-Term is higher than the Short-Term in Salem with average rental income of $3,104.

Your search for investment property begins and ends here

Investment Property for Sale in Salem, OR

4417 SE BATTLE CREEK RD

Salem, OR

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

$620,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.9%

Airbnb Rental Income: $null

Traditional Rental Income: $3992

Airbnb ROI: N/A

Traditional ROI: 4.9%

4250 Silverton Rd NE

Salem, OR

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

$375,000

Airbnb cash on cash: 2.13%

Traditional cash on cash: 5.66%

Airbnb Rental Income: $1918

Traditional Rental Income: $2652

Airbnb ROI: 2.13%

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: -0.2%

Traditional cash on cash: 5.27%

Airbnb Rental Income: $1426

Traditional Rental Income: $3932

Airbnb ROI: -0.2%

Traditional ROI: 5.27%

810 MISSOURI AVE

Salem, OR

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

$740,000

Airbnb cash on cash: -0.46%

Traditional cash on cash: 3.6%

Airbnb Rental Income: $1617

Traditional Rental Income: $3961

Airbnb ROI: -0.46%

Traditional ROI: 3.6%

4598 Grand Fir Ln S

Salem, OR

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

$999,000

Airbnb cash on cash: -0.65%

Traditional cash on cash: 2.53%

Airbnb Rental Income: $1498

Traditional Rental Income: $4019

Airbnb ROI: -0.65%

Traditional ROI: 2.53%

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%

3872 Galloway St S

Salem, OR

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

$599,900

Airbnb cash on cash: -0.4%

Traditional cash on cash: 3.24%

Airbnb Rental Income: $1498

Traditional Rental Income: $3098

Airbnb ROI: -0.4%

Traditional ROI: 3.24%

2334 Doaks Ferry Rd NW

Salem, OR

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

$889,000

Airbnb cash on cash: -0.75%

Traditional cash on cash: 3%

Airbnb Rental Income: $1426

Traditional Rental Income: $4105

Airbnb ROI: -0.75%