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
5725 Karen Lynn Lp S Salem, OR Accepted Offer with Contingencies. Well-maintained 3 bed, 2.5 bath condo in desirable Sout...	3 beds \| 3 baths \| 1,527 sq.ft.	$349,900	Airbnb cash on cash: 1.03% Traditional cash on cash: 7.05% Airbnb Rental Income: $1520 Traditional Rental Income: $3055 Airbnb ROI: 1.03% Traditional ROI: 7.05%
575 Juneau Dr SE Salem, OR Updated single-level home in SE Salem! Open plan with 2 living areas, vaulted family room ...	3 beds \| 3 baths \| 2,171 sq.ft.	$574,900	Airbnb cash on cash: -0.07% Traditional cash on cash: 4.9% Airbnb Rental Income: $1520 Traditional Rental Income: $3745 Airbnb ROI: -0.07% Traditional ROI: 4.9%
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: 0.79% Traditional cash on cash: 5.61% Airbnb Rental Income: $1445 Traditional Rental Income: $2576 Airbnb ROI: 0.79% 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: -0.16% Traditional cash on cash: 5.28% Airbnb Rental Income: $1511 Traditional Rental Income: $3992 Airbnb ROI: -0.16% Traditional ROI: 5.28%
2855 Brooks Av NE Salem, OR Charming single-level home offering 2 bed, 1 bath and 912 sqft of functional living space....	2 beds \| 1 baths \| 912 sq.ft.	$319,900	Airbnb cash on cash: 0.75% Traditional cash on cash: 5.07% Airbnb Rental Income: $1181 Traditional Rental Income: $2095 Airbnb ROI: 0.75% Traditional ROI: 5.07%
3145 Finale Ct NE Salem, OR Welcome to this adorable home in a quiet cul-de-sac at 3145 Finale Ct NE in Salem! This ch...	3 beds \| 2 baths \| 1,364 sq.ft.	$365,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 4.86% Airbnb Rental Income: $1323 Traditional Rental Income: $2434 Airbnb ROI: 0.43% Traditional ROI: 4.86%
4074 Aden Pl NE Salem, OR Accepted Offer with Contingencies. Well-maintained 2-story condo in a convenient Salem loc...	3 beds \| 3 baths \| 1,564 sq.ft.	$315,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 6.61% Airbnb Rental Income: $1323 Traditional Rental Income: $2774 Airbnb ROI: 0.33% 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.	$1,249,979	Airbnb cash on cash: -0.76% Traditional cash on cash: 4.01% Airbnb Rental Income: $1836 Traditional Rental Income: $6888 Airbnb ROI: -0.76% Traditional ROI: 4.01%
2025 Trade St SE Salem, OR Accepted Offer with Contingencies. Charming move-in ready cottage in the heart of Salem! T...	1 beds \| 1 baths \| 476 sq.ft.	$259,900	Airbnb cash on cash: -0.53% Traditional cash on cash: 3.72% Airbnb Rental Income: $637 Traditional Rental Income: $1385 Airbnb ROI: -0.53% Traditional ROI: 3.72%
408 La Cresta Dr SE Salem, OR Accepted Offer with Contingencies. South Salem Views and Location, schools, amenities, fin...	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%
3792 Galloway St S Salem, OR Nestled in one of South Salemâs most desirable locations, this beautifully maintained ho...	3 beds \| 2 baths \| 2,023 sq.ft.	$575,000	Airbnb cash on cash: -0.93% Traditional cash on cash: 3.3% Airbnb Rental Income: $1194 Traditional Rental Income: $3078 Airbnb ROI: -0.93% Traditional ROI: 3.3%
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: -1.02% Traditional cash on cash: 3% Airbnb Rental Income: $1153 Traditional Rental Income: $4105 Airbnb ROI: -1.02% Traditional ROI: 3%
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%
1090 Norway St NE Salem, OR Charming and move-in ready! Say goodbye to renting and hello to homeownership with this ad...	2 beds \| 1 baths \| 692 sq.ft.	$289,900	Airbnb cash on cash: 0.88% Traditional cash on cash: 4.56% Airbnb Rental Income: $1181 Traditional Rental Income: $1800 Airbnb ROI: 0.88% Traditional ROI: 4.56%
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.	$454,000	Airbnb cash on cash: 0.84% Traditional cash on cash: 5.83% Airbnb Rental Income: $1836 Traditional Rental Income: $3463 Airbnb ROI: 0.84% Traditional ROI: 5.83%
1036 Charlene St S Salem, OR Well-maintained 3 bed, 2 bath home in a desirable South Salem neighborhood with easy acces...	3 beds \| 2 baths \| 1,360 sq.ft.	$419,000	Airbnb cash on cash: 0.63% Traditional cash on cash: 4.11% Airbnb Rental Income: $1520 Traditional Rental Income: $2447 Airbnb ROI: 0.63% Traditional ROI: 4.11%
3163 Eagle Ray Ct NW Salem, OR Experience life at 3163 Eagle Ray Ct, where comfort, craftsmanship, and thoughtful design ...	4 beds \| 3 baths \| 2,004 sq.ft.	$585,000	Airbnb cash on cash: -0.4% Traditional cash on cash: 5.2% Airbnb Rental Income: $1436 Traditional Rental Income: $4071 Airbnb ROI: -0.4% Traditional ROI: 5.2%
1018 7th St NW Salem, OR Charming 1936 West Salem cottage on a lush garden lot. 2BR/1BA, 748 sf. 3-year-old roof, v...	2 beds \| 1 baths \| 748 sq.ft.	$320,000	Airbnb cash on cash: 0.69% Traditional cash on cash: 5.36% Airbnb Rental Income: $1166 Traditional Rental Income: $2188 Airbnb ROI: 0.69% Traditional ROI: 5.36%
1145 Duffield Heights Av SE Salem, OR Accepted Offer with Contingencies. South Salem home in a desirable, established neighborho...	4 beds \| 2 baths \| 2,754 sq.ft.	$549,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.42% Airbnb Rental Income: $null Traditional Rental Income: $3861 Airbnb ROI: N/A Traditional ROI: 5.42%
767 Mule Deer St NW Salem, OR Don't miss this remodeled home! Open floor plan with new quartz countertops and shaker cab...	3 beds \| 2 baths \| 2,285 sq.ft.	$484,500	Airbnb cash on cash: -0.77% Traditional cash on cash: 5.65% Airbnb Rental Income: $1153 Traditional Rental Income: $3684 Airbnb ROI: -0.77% Traditional ROI: 5.65%
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.	$485,000	Airbnb cash on cash: 0.48% Traditional cash on cash: 4.89% Airbnb Rental Income: $1468 Traditional Rental Income: $3033 Airbnb ROI: 0.48% Traditional ROI: 4.89%
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: 0.95% Traditional cash on cash: 3.03% Airbnb Rental Income: $1511 Traditional Rental Income: $1852 Airbnb ROI: 0.95% 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%
395 22nd St SE Salem, OR Accepted Offer with Contingencies. Step into the charm of 1901 in this inviting Central Sa...	3 beds \| 2 baths \| 2,156 sq.ft.	$387,900	Airbnb cash on cash: 0.64% Traditional cash on cash: 7.34% Airbnb Rental Income: $1379 Traditional Rental Income: $3399 Airbnb ROI: 0.64% Traditional ROI: 7.34%
355 24th St SE Salem, OR Charming 1924 Craftsman with a brand-new roof installed in April 2026, blending timeless c...	2 beds \| 1 baths \| 1,548 sq.ft.	$374,900	Airbnb cash on cash: 1.19% Traditional cash on cash: 2.81% Airbnb Rental Income: $1569 Traditional Rental Income: $1689 Airbnb ROI: 1.19% Traditional ROI: 2.81%
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: -0.64% Traditional cash on cash: 3.84% Airbnb Rental Income: $1153 Traditional Rental Income: $3120 Airbnb ROI: -0.64% 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.	$699,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.07% Airbnb Rental Income: $null Traditional Rental Income: $4134 Airbnb ROI: N/A Traditional ROI: 4.07%
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: -1.04% Traditional cash on cash: 1.93% Airbnb Rental Income: $1436 Traditional Rental Income: $3279 Airbnb ROI: -1.04% Traditional ROI: 1.93%
2105 Deerwind Av NW Salem, OR Absolute charm abounds in this single level home on large corner lot in Deer Ridge Estates...	3 beds \| 2 baths \| 1,503 sq.ft.	$449,900	Airbnb cash on cash: -0.52% Traditional cash on cash: 4.48% Airbnb Rental Income: $1153 Traditional Rental Income: $2877 Airbnb ROI: -0.52% Traditional ROI: 4.48%
7184 Battle Creek Rd SE Salem, OR Welcome Home to a place most buyers never find â a geodesic home on 1.57 private acres i...	3 beds \| 3 baths \| 2,669 sq.ft.	$585,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 5.15% Airbnb Rental Income: $1529 Traditional Rental Income: $3831 Airbnb ROI: 0.12% 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: 0.86% Traditional cash on cash: 6.17% Airbnb Rental Income: $1529 Traditional Rental Income: $2760 Airbnb ROI: 0.86% Traditional ROI: 6.17%
475 18th St SE Salem, OR Single-family home with flexible dual living setup featuring separate entrances and a 5 be...	5 beds \| 3 baths \| 3,070 sq.ft.	$419,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.45% Airbnb Rental Income: $null Traditional Rental Income: $4044 Airbnb ROI: N/A Traditional ROI: 8.45%
430 Luther St S Salem, OR Accepted Offer with Contingencies. Historic charm meets modern comfort in sought-after Fai...	3 beds \| 3 baths \| 2,128 sq.ft.	$620,000	Airbnb cash on cash: -0.43% Traditional cash on cash: 3.87% Airbnb Rental Income: $1426 Traditional Rental Income: $3487 Airbnb ROI: -0.43% Traditional ROI: 3.87%
5240 Chapman St S Salem, OR Beautifully remodeled 4 brd, 3 ba home in South Salem with STUNNING 3 mountain view and su...	4 beds \| 3 baths \| 2,207 sq.ft.	$649,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.17% Airbnb Rental Income: $null Traditional Rental Income: $3835 Airbnb ROI: N/A Traditional ROI: 4.17%
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: 1.36% Traditional cash on cash: 6.84% Airbnb Rental Income: $1427 Traditional Rental Income: $2471 Airbnb ROI: 1.36% 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: -0.11% Traditional cash on cash: 3.36% Airbnb Rental Income: $828 Traditional Rental Income: $1476 Airbnb ROI: -0.11% Traditional ROI: 3.36%
1763 York Butte Av SE Salem, OR A Bumpable Offer has Been Accepted. 2021 Wind River Home's tour home. Beautiful 20' ceilin...	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%
1340 Classico Ct SE Salem, OR Tucked on a cul-de-sac in South Salem, this 3-bed, 2.5-bath two-story offers 1,781 sq ft o...	3 beds \| 3 baths \| 1,781 sq.ft.	$469,000	Airbnb cash on cash: 0.2% Traditional cash on cash: 4.62% Airbnb Rental Income: $1529 Traditional Rental Income: $3025 Airbnb ROI: 0.2% Traditional ROI: 4.62%

Real Estate investment in Salem, OR

There are 378 properties for sale in the city of Salem . The median list price in Salem is $484,950 and the average price per square foot is $224. In May 2026, the average monthly cash on cash return in Salem is 5.00%. The average monthly rental income in Salem is $3,040.

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

There are 378 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 $1,436.

Your search for investment property begins and ends here

Investment Property for Sale in Salem, OR

5725 Karen Lynn Lp S

Salem, OR

3 beds | 3 baths | 1,527 sq.ft.

$349,900

Airbnb cash on cash: 1.03%

Traditional cash on cash: 7.05%

Airbnb Rental Income: $1520

Traditional Rental Income: $3055

Airbnb ROI: 1.03%

Traditional ROI: 7.05%

575 Juneau Dr SE

Salem, OR

3 beds | 3 baths | 2,171 sq.ft.

$574,900

Airbnb cash on cash: -0.07%

Traditional cash on cash: 4.9%

Airbnb Rental Income: $1520

Traditional Rental Income: $3745

Airbnb ROI: -0.07%

Traditional ROI: 4.9%

1564 CENTER St NE

Salem, OR

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

$344,900

Airbnb cash on cash: 0.79%

Traditional cash on cash: 5.61%

Airbnb Rental Income: $1445

Traditional Rental Income: $2576

Airbnb ROI: 0.79%

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: -0.16%

Traditional cash on cash: 5.28%

Airbnb Rental Income: $1511

Traditional Rental Income: $3992

Airbnb ROI: -0.16%

Traditional ROI: 5.28%

2855 Brooks Av NE

Salem, OR

2 beds | 1 baths | 912 sq.ft.

$319,900

Airbnb cash on cash: 0.75%

Traditional cash on cash: 5.07%

Airbnb Rental Income: $1181

Traditional Rental Income: $2095

Airbnb ROI: 0.75%

Traditional ROI: 5.07%

3145 Finale Ct NE

Salem, OR

3 beds | 2 baths | 1,364 sq.ft.

$365,000

Airbnb cash on cash: 0.43%

Traditional cash on cash: 4.86%

Airbnb Rental Income: $1323

Traditional Rental Income: $2434

Airbnb ROI: 0.43%

Traditional ROI: 4.86%

4074 Aden Pl NE

Salem, OR

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

$315,000

Airbnb cash on cash: 0.33%

Traditional cash on cash: 6.61%

Airbnb Rental Income: $1323

Traditional Rental Income: $2774

Airbnb ROI: 0.33%

Traditional ROI: 6.61%

8623 Blackhawk Ct SE

Salem, OR

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

$1,249,979

Airbnb cash on cash: -0.76%

Traditional cash on cash: 4.01%

Airbnb Rental Income: $1836

Traditional Rental Income: $6888

Airbnb ROI: -0.76%