Real Estate Investment Properties for Sale in Salem, SD

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

Explore a variety of short-term homes & houses in Salem, SD. Invest wisely with VRBO & Salem, SD 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, SD

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
501 N Main St St Salem, SD	2 beds \| 1 baths \| 844 sq.ft.	$149,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.38% Airbnb Rental Income: $null Traditional Rental Income: $1193 Airbnb ROI: N/A Traditional ROI: 5.38%
441 E Center Ave Ave Salem, SD	3 beds \| 2 baths \| 1,724 sq.ft.	$355,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.71% Airbnb Rental Income: $null Traditional Rental Income: $2428 Airbnb ROI: N/A Traditional ROI: 4.71%
431 E Center Ave Ave Salem, SD	3 beds \| 2 baths \| 1,742 sq.ft.	$355,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.71% Airbnb Rental Income: $null Traditional Rental Income: $2428 Airbnb ROI: N/A Traditional ROI: 4.71%
521 N Nebraska St St Salem, SD	3 beds \| 2 baths \| 2,828 sq.ft.	$310,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.37% Airbnb Rental Income: $null Traditional Rental Income: $2329 Airbnb ROI: N/A Traditional ROI: 5.37%
24727 438th Ave Ave Salem, SD	3 beds \| 2 baths \| 2,198 sq.ft.	$415,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.45% Airbnb Rental Income: $null Traditional Rental Income: $2328 Airbnb ROI: N/A Traditional ROI: 3.45%
301 E Essex Ave Ave Salem, SD	3 beds \| 2 baths \| 1,526 sq.ft.	$199,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.42% Airbnb Rental Income: $null Traditional Rental Income: $2116 Airbnb ROI: N/A Traditional ROI: 8.42%
240 N Peck St St Salem, SD	3 beds \| 1 baths \| 1,224 sq.ft.	$195,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.76% Airbnb Rental Income: $null Traditional Rental Income: $1584 Airbnb ROI: N/A Traditional ROI: 5.76%
401 W Jefferson Ave Ave Salem, SD	2 beds \| 1 baths \| 728 sq.ft.	$110,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.1% Airbnb Rental Income: $null Traditional Rental Income: $1198 Airbnb ROI: N/A Traditional ROI: 8.1%
105 Center Ave Ave Salem, SD	N/A beds \| N/A baths \| N/A	$60,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.67% Airbnb Rental Income: $null Traditional Rental Income: $872 Airbnb ROI: N/A Traditional ROI: 10.67%
207 Colonial Dr Dr Salem, SD	N/A beds \| N/A baths \| N/A	$59,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.89% Airbnb Rental Income: $null Traditional Rental Income: $872 Airbnb ROI: N/A Traditional ROI: 10.89%
111 Hollister Ave Ave Salem, SD	N/A beds \| N/A baths \| N/A	$64,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.94% Airbnb Rental Income: $null Traditional Rental Income: $873 Airbnb ROI: N/A Traditional ROI: 9.94%
206 Hollister Ave Ave Salem, SD	N/A beds \| N/A baths \| N/A	$59,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.89% Airbnb Rental Income: $null Traditional Rental Income: $872 Airbnb ROI: N/A Traditional ROI: 10.89%
106 Hollister Ave Ave Salem, SD	N/A beds \| N/A baths \| N/A	$60,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.67% Airbnb Rental Income: $null Traditional Rental Income: $872 Airbnb ROI: N/A Traditional ROI: 10.67%
740 N Minnesota St Salem, SD Enjoy small-town living with wide open space at 740 N Minnesota St - a thoughtfully mainta...	4 beds \| 2 baths \| 2,182 sq.ft.	$234,900	Airbnb cash on cash: N/A Traditional cash on cash: 10% Airbnb Rental Income: $null Traditional Rental Income: $2784 Airbnb ROI: N/A Traditional ROI: 10%

Real Estate investment in Salem, SD

There are 14 properties for sale in the city of Salem . The median list price in Salem is $238,377 and the average price per square foot is $122. In June 2026, the average monthly cash on cash return in Salem is 11.00%. The average monthly rental income in Salem is $872.

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

There are 14 investment properties available for sale in Salem.

The ROI for Short-Term is higher than the Long-Term in Salem with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Salem, SD

501 N Main St St

Salem, SD

2 beds | 1 baths | 844 sq.ft.

$149,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.38%

Airbnb Rental Income: $null

Traditional Rental Income: $1193

Airbnb ROI: N/A

Traditional ROI: 5.38%

441 E Center Ave Ave

Salem, SD

3 beds | 2 baths | 1,724 sq.ft.

$355,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.71%

Airbnb Rental Income: $null

Traditional Rental Income: $2428

Airbnb ROI: N/A

Traditional ROI: 4.71%

431 E Center Ave Ave

Salem, SD

3 beds | 2 baths | 1,742 sq.ft.

$355,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.71%

Airbnb Rental Income: $null

Traditional Rental Income: $2428

Airbnb ROI: N/A

Traditional ROI: 4.71%

521 N Nebraska St St

Salem, SD

3 beds | 2 baths | 2,828 sq.ft.

$310,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.37%

Airbnb Rental Income: $null

Traditional Rental Income: $2329

Airbnb ROI: N/A

Traditional ROI: 5.37%

24727 438th Ave Ave

Salem, SD

3 beds | 2 baths | 2,198 sq.ft.

$415,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.45%

Airbnb Rental Income: $null

Traditional Rental Income: $2328

Airbnb ROI: N/A

Traditional ROI: 3.45%

301 E Essex Ave Ave

Salem, SD

3 beds | 2 baths | 1,526 sq.ft.

$199,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.42%

Airbnb Rental Income: $null

Traditional Rental Income: $2116

Airbnb ROI: N/A

Traditional ROI: 8.42%

240 N Peck St St

Salem, SD

3 beds | 1 baths | 1,224 sq.ft.

$195,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.76%

Airbnb Rental Income: $null

Traditional Rental Income: $1584

Airbnb ROI: N/A

Traditional ROI: 5.76%

401 W Jefferson Ave Ave

Salem, SD

2 beds | 1 baths | 728 sq.ft.

$110,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.1%

Airbnb Rental Income: $null

Traditional Rental Income: $1198

Airbnb ROI: N/A