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 Accepted Offer with Contingencies. Back on market, no fault of the property. 3/1 Move in...	3 beds \| 1 baths \| 1,120 sq.ft.	$375,000	Airbnb cash on cash: 1.53% Traditional cash on cash: 5.66% Airbnb Rental Income: $1665 Traditional Rental Income: $2652 Airbnb ROI: 1.53% 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.	$565,000	Airbnb cash on cash: -0.77% Traditional cash on cash: 5.38% Airbnb Rental Income: $1056 Traditional Rental Income: $3932 Airbnb ROI: -0.77% Traditional ROI: 5.38%
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.	$1,299,979	Airbnb cash on cash: -0.83% Traditional cash on cash: 3.88% Airbnb Rental Income: $1656 Traditional Rental Income: $6888 Airbnb ROI: -0.83% Traditional ROI: 3.88%
4626 7th Av SE Salem, OR Wonderful Single Level Home near Woodmansee Park! Interior features 3 bedrooms, 1 bath, an...	3 beds \| 1 baths \| 1,090 sq.ft.	$385,000	Airbnb cash on cash: 0.92% Traditional cash on cash: 4.34% Airbnb Rental Income: $1575 Traditional Rental Income: $2358 Airbnb ROI: 0.92% Traditional ROI: 4.34%
3879 Auburn Rd NE Salem, OR Gated entry to this updated condo in Lancaster Square! Fenced backyard with large deck for...	2 beds \| 2 baths \| 1,062 sq.ft.	$265,000	Airbnb cash on cash: 4.08% Traditional cash on cash: 7.59% Airbnb Rental Income: $2080 Traditional Rental Income: $2424 Airbnb ROI: 4.08% Traditional ROI: 7.59%
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: -1.12% Traditional cash on cash: 3% Airbnb Rental Income: $1056 Traditional Rental Income: $4105 Airbnb ROI: -1.12% Traditional ROI: 3%
6894 Prospect Ridge Road Salem, OR Welcome to your retreat in the trees, a stunning Lindal Cedar home on 4.18 acres at the en...	4 beds \| 4 baths \| 2,981 sq.ft.	$995,000	Airbnb cash on cash: 0.25% Traditional cash on cash: 3.94% Airbnb Rental Income: $2354 Traditional Rental Income: $5188 Airbnb ROI: 0.25% Traditional ROI: 3.94%
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.	$569,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.65% Airbnb Rental Income: $null Traditional Rental Income: $4212 Airbnb ROI: N/A Traditional ROI: 5.65%
5250 Forest Glen Ct SE Salem, OR Welcome to this beautiful home in sought after SE Salem. Complete with 4 beds, 2.5 baths t...	4 beds \| 3 baths \| 2,220 sq.ft.	$585,000	Airbnb cash on cash: 1.54% Traditional cash on cash: 3.38% Airbnb Rental Income: $2552 Traditional Rental Income: $2940 Airbnb ROI: 1.54% Traditional ROI: 3.38%
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: 0.71% Traditional cash on cash: 6.91% Airbnb Rental Income: $1665 Traditional Rental Income: $3523 Airbnb ROI: 0.71% Traditional ROI: 6.91%
1029 Evergreen NE Av Salem, OR Accepted Offer with Contingencies. Charming Ranch with Major Updates & Assumable VA Loan. ...	3 beds \| 2 baths \| 1,611 sq.ft.	$410,000	Airbnb cash on cash: 1.11% Traditional cash on cash: 5.73% Airbnb Rental Income: $1699 Traditional Rental Income: $3002 Airbnb ROI: 1.11% Traditional ROI: 5.73%
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.	$749,000	Airbnb cash on cash: 0.59% Traditional cash on cash: 3.74% Airbnb Rental Income: $2552 Traditional Rental Income: $4134 Airbnb ROI: 0.59% Traditional ROI: 3.74%
4770 Dalke Ct NE Salem, OR Accepted Offer with Contingencies. Welcome to this immaculate updated home nestled in high...	3 beds \| 2 baths \| 1,651 sq.ft.	$449,900	Airbnb cash on cash: 0.91% Traditional cash on cash: 5.25% Airbnb Rental Income: $1665 Traditional Rental Income: $3025 Airbnb ROI: 0.91% Traditional ROI: 5.25%
652 Connecticut Av SE Salem, OR Accepted Offer with Contingencies. Fully Renovated 3BR/1BA Home! Complete 2019 renovation,...	3 beds \| 1 baths \| 1,012 sq.ft.	$369,900	Airbnb cash on cash: 1.58% Traditional cash on cash: 4.93% Airbnb Rental Income: $1684 Traditional Rental Income: $2376 Airbnb ROI: 1.58% Traditional ROI: 4.93%
1230 Marstone St SE Salem, OR Accepted Offer with Contingencies. NEW 10k Price Reduction! Move in before the Holidays! ...	3 beds \| 3 baths \| 1,625 sq.ft.	$444,900	Airbnb cash on cash: 0.53% Traditional cash on cash: 4.82% Airbnb Rental Income: $1637 Traditional Rental Income: $2964 Airbnb ROI: 0.53% Traditional ROI: 4.82%
1640 Davidson St SE Salem, OR Charming 1953-built single-story home in South Central Salem. 877 sq ft with 2 bedrooms an...	2 beds \| 1 baths \| 877 sq.ft.	$359,900	Airbnb cash on cash: 1.56% Traditional cash on cash: 4.41% Airbnb Rental Income: $1594 Traditional Rental Income: $2101 Airbnb ROI: 1.56% Traditional ROI: 4.41%
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.	$629,000	Airbnb cash on cash: 0.24% Traditional cash on cash: 4.76% Airbnb Rental Income: $1637 Traditional Rental Income: $3831 Airbnb ROI: 0.24% Traditional ROI: 4.76%
1880 West Nob Hill St SE Salem, OR Updated home near South High & Bush Park! New kitchen w/quartz counters, fresh interior/ex...	2 beds \| 1 baths \| 1,095 sq.ft.	$380,000	Airbnb cash on cash: 1.05% Traditional cash on cash: 4.5% Airbnb Rental Income: $1594 Traditional Rental Income: $2366 Airbnb ROI: 1.05% Traditional ROI: 4.5%
5979 Poppy Hills St SE Salem, OR Accepted Offer with Contingencies. WOW Priced to sell!!! NEW 50 Year ROOF with warranty, n...	5 beds \| 3 baths \| 2,816 sq.ft.	$595,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.35% Airbnb Rental Income: $null Traditional Rental Income: $4336 Airbnb ROI: N/A Traditional ROI: 5.35%
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: 0.26% Traditional cash on cash: 4.12% Airbnb Rental Income: $1609 Traditional Rental Income: $3262 Airbnb ROI: 0.26% 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.	$510,000	Airbnb cash on cash: 0.5% Traditional cash on cash: 6.45% Airbnb Rental Income: $1818 Traditional Rental Income: $4160 Airbnb ROI: 0.5% Traditional ROI: 6.45%
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: N/A Traditional cash on cash: 5.28% Airbnb Rental Income: $null Traditional Rental Income: $3143 Airbnb ROI: N/A 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%
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.	$315,000	Airbnb cash on cash: 1.2% Traditional cash on cash: 3.14% Airbnb Rental Income: $1309 Traditional Rental Income: $1476 Airbnb ROI: 1.2% Traditional ROI: 3.14%
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.	$440,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.09% Airbnb Rental Income: $null Traditional Rental Income: $3816 Airbnb ROI: N/A Traditional ROI: 7.09%
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: 1.95% Traditional cash on cash: 8.37% Airbnb Rental Income: $1400 Traditional Rental Income: $2428 Airbnb ROI: 1.95% Traditional ROI: 8.37%
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.	$469,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 7.78% Airbnb Rental Income: $1505 Traditional Rental Income: $4299 Airbnb ROI: 0.41% Traditional ROI: 7.78%
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: -0.02% Traditional cash on cash: 4.38% Airbnb Rental Income: $1609 Traditional Rental Income: $3740 Airbnb ROI: -0.02% Traditional ROI: 4.38%
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.	$390,000	Airbnb cash on cash: -0.24% Traditional cash on cash: 7.12% Airbnb Rental Income: $1056 Traditional Rental Income: $3384 Airbnb ROI: -0.24% Traditional ROI: 7.12%
3676 Myrla Ct S Salem, OR Located on a quiet cul-de-sac in a desirable community, this beautifully updated and maint...	4 beds \| 3 baths \| 3,190 sq.ft.	$595,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.09% Airbnb Rental Income: $null Traditional Rental Income: $4688 Airbnb ROI: N/A Traditional ROI: 6.09%
2012 Hollywood Dr NE Salem, OR Accepted Offer with Contingencies. Charming Home w/ a Private Backyard Oasis! Enjoy your p...	2 beds \| 1 baths \| 990 sq.ft.	$317,449	Airbnb cash on cash: 3.19% Traditional cash on cash: 5.29% Airbnb Rental Income: $2139 Traditional Rental Income: $2220 Airbnb ROI: 3.19% Traditional ROI: 5.29%
1836 Center St NE Salem, OR Accepted Offer with Contingencies. BOM, Buyer lost financing. Appraised at 399,000. Charmi...	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%
4890 Coloma SE Dr Salem, OR Accepted Offer with Contingencies. Assumable VA Loan at 2.375% This charming ranch-sty...	3 beds \| 2 baths \| 1,540 sq.ft.	$459,900	Airbnb cash on cash: 0.47% Traditional cash on cash: 4.75% Airbnb Rental Income: $1575 Traditional Rental Income: $2964 Airbnb ROI: 0.47% Traditional ROI: 4.75%
6147 Quail Hollow St SE Salem, OR STUNNING Custom Built Home still looks like new! One owner home that is joyful and full o...	4 beds \| 4 baths \| 3,439 sq.ft.	$849,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 4.57% Airbnb Rental Income: $2552 Traditional Rental Income: $5606 Airbnb ROI: -0.07% Traditional ROI: 4.57%
810 Northwood Dr NE Salem, OR Accepted Offer with Contingencies. Updated but kept the charm of this 1930's farmhouse. Ma...	3 beds \| 2 baths \| 2,496 sq.ft.	$589,000	Airbnb cash on cash: 0.63% Traditional cash on cash: 5.45% Airbnb Rental Income: $1684 Traditional Rental Income: $3867 Airbnb ROI: 0.63% Traditional ROI: 5.45%
1918 Riting Ct SE Salem, OR This one-of-a-kind, custom-built home is nestled in a beautiful, wooded neighborhood. Surr...	3 beds \| 2 baths \| 1,768 sq.ft.	$519,900	Airbnb cash on cash: 0.15% Traditional cash on cash: 3.79% Airbnb Rental Income: $1609 Traditional Rental Income: $2923 Airbnb ROI: 0.15% Traditional ROI: 3.79%
1117 6th (-1119) St NW Salem, OR Newly completely remodeled duplex on double lot! Front unit has 4 bedrooms (downstairs can...	6 beds \| 4 baths \| 2,989 sq.ft.	$649,900	Airbnb cash on cash: -0.79% Traditional cash on cash: 5.92% Airbnb Rental Income: $1056 Traditional Rental Income: $4758 Airbnb ROI: -0.79% Traditional ROI: 5.92%
119 Duniway Ct SE Salem, OR Nestled in a S. Salem private cul-de-sac, this beautifully maintained single-level home w/...	5 beds \| 3 baths \| 2,334 sq.ft.	$640,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.45% Airbnb Rental Income: $null Traditional Rental Income: $4565 Airbnb ROI: N/A Traditional ROI: 5.45%
3903 47th Av NE Salem, OR Great buy in the heart of Jan Ree Estates! 1536 SF on one level with lots of recent upda...	3 beds \| 2 baths \| 1,536 sq.ft.	$425,000	Airbnb cash on cash: 1.04% Traditional cash on cash: 3.76% Airbnb Rental Income: $1665 Traditional Rental Income: $2279 Airbnb ROI: 1.04% Traditional ROI: 3.76%
4196 WARD DR NE Salem, OR Beautifully maintained 3-bedroom, 2-bath single-level home in the sought-after Jan Ree nei...	3 beds \| 2 baths \| N/A	$450,000	Airbnb cash on cash: 1.06% Traditional cash on cash: 3.37% Airbnb Rental Income: $1737 Traditional Rental Income: $2229 Airbnb ROI: 1.06% Traditional ROI: 3.37%

Real Estate investment in Salem, OR

There are 159 properties for sale in the city of Salem . The median list price in Salem is $461,500 and the average price per square foot is $226. In December 2025, the average monthly cash on cash return in Salem is 5.00%. The average monthly rental income in Salem is $3,046.

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

There are 159 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 $3,046.

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: 1.53%

Traditional cash on cash: 5.66%

Airbnb Rental Income: $1665

Traditional Rental Income: $2652

Airbnb ROI: 1.53%

Traditional ROI: 5.66%

1639 Nut Tree Dr NW

Salem, OR

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

$565,000

Airbnb cash on cash: -0.77%

Traditional cash on cash: 5.38%

Airbnb Rental Income: $1056

Traditional Rental Income: $3932

Airbnb ROI: -0.77%

Traditional ROI: 5.38%

8623 Blackhawk Ct SE

Salem, OR

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

$1,299,979

Airbnb cash on cash: -0.83%

Traditional cash on cash: 3.88%

Airbnb Rental Income: $1656

Traditional Rental Income: $6888

Airbnb ROI: -0.83%

Traditional ROI: 3.88%

4626 7th Av SE

Salem, OR

3 beds | 1 baths | 1,090 sq.ft.

$385,000

Airbnb cash on cash: 0.92%

Traditional cash on cash: 4.34%

Airbnb Rental Income: $1575

Traditional Rental Income: $2358

Airbnb ROI: 0.92%

Traditional ROI: 4.34%

3879 Auburn Rd NE

Salem, OR

2 beds | 2 baths | 1,062 sq.ft.

$265,000

Airbnb cash on cash: 4.08%

Traditional cash on cash: 7.59%

Airbnb Rental Income: $2080

Traditional Rental Income: $2424

Airbnb ROI: 4.08%

Traditional ROI: 7.59%

2334 Doaks Ferry Rd NW

Salem, OR

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

$889,000

Airbnb cash on cash: -1.12%

Traditional cash on cash: 3%

Airbnb Rental Income: $1056

Traditional Rental Income: $4105

Airbnb ROI: -1.12%

Traditional ROI: 3%

6894 Prospect Ridge Road

Salem, OR

4 beds | 4 baths | 2,981 sq.ft.

$995,000

Airbnb cash on cash: 0.25%

Traditional cash on cash: 3.94%

Airbnb Rental Income: $2354

Traditional Rental Income: $5188

Airbnb ROI: 0.25%

Traditional ROI: 3.94%

741 Van Buren Dr NW

Salem, OR

4 beds | 3 baths | 2,345 sq.ft.

$569,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.65%

Airbnb Rental Income: $null

Traditional Rental Income: $4212

Airbnb ROI: N/A