Northeast Salem Multifamily Homes & Duplexes for Sale

/38
$3,899,000
- 94 Beds
- 36 Baths
- 33,128 Sq Ft
2540 - 2594 Lee St SE, Salem, OR 97301

Shelton Village is comprised of 28 units with large 3bed/1bath, 4bed/2bath, 5bed/2bath quad style townhouse layouts. Shelton Village has spacious grounds, and adequate off-street parking with 38 standard/5 handicap spaces available to the residents. Additional photos of the unit interiors available upon request. Please DO NOT disturb the tenants.

Chris Salaz SMI REAL ESTATE

2540 - 2594 Lee St SE, Salem, OR 97301
Explore Northeast Salem
/29
$535,000
- 4 Beds
- 2 Baths
- 1,930 Sq Ft
1015 Park Ave NE Unit 1025, Salem, OR 97301

Turnkey duplex with prime location! Fully remodeled, freshly repainted, and boasting a 95%+ occupancy rate, this income-producing property is just minutes from shopping, restaurants, and freeway access. Both units are tenant-occupied-perfect for investors or live-in owners looking for steady cash flow.

DAMIAN PAVLOV EXP REALTY, LLC

1015 Park Ave NE Unit 1025, Salem, OR 97301
/21
$785,000
- 2 Beds
- 2 Baths
3027 D St NE, Salem, OR 97301

Investor/Developer Alert! Duplex and adjacent development lot. Duplex provides solid rental income. Land conditionally approved for a 12-unit building, buyer to do due diligence. Great opportunity for income and future development!

HUNTER GRAY SMI REAL ESTATE

3027 D St NE, Salem, OR 97301
/2
$339,900
- 4 Beds
- 2 Baths
- 1,560 Sq Ft
2519 Hyde Ct (& 2521) Ct SE, Salem, OR 97301

Estate Sale – Duplex in Convenient Salem Location. Incredible opportunity to own a well-priced duplex offering two 2BD/1BA units, each featuring: functional floor plans, tub-shower combos, in-unit washer/dryer hookups and single-car garages. The duplex is well priced at under $180,000 per unit; great opportunity for value-add investors looking to build equity through updates and rent increases.

Brian Smith COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

2519 Hyde Ct (& 2521) Ct SE, Salem, OR 97301
/2
$339,900
- 4 Beds
- 2 Baths
- 1,560 Sq Ft
2515 Hyde Ct SE Unit 2517, Salem, OR 97301

Estate Sale – Duplex in Convenient Salem Location. Incredible opportunity to own a well-priced duplex offering two 2BD/1BA units, each featuring: functional floor plans, tub-shower combos, in-unit washer/dryer hookups and single-car garages. The duplex is well priced at under $180,000 per unit; great opportunity for value-add investors looking to build equity through updates and rent increases.

Brian Smith COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

2515 Hyde Ct SE Unit 2517, Salem, OR 97301

Oregon Marion County Salem Northeast Salem

Why Live in Northeast Salem

Northeast Salem, located less than 3 miles from Salem's downtown district, offers a mix of suburban homes, apartment buildings, and commercial destinations. The neighborhood features mid-century home styles, including pastel-colored cottages and cozy brick ranch homes, typically one-story with two to four bedrooms and manicured lawns. The area has wide streets, sidewalks, quiet cul-de-sacs, and mature trees, contributing to its classic suburban feel. Closer to commercial corridors, low-rise apartment and condo complexes with amenities like pools are common. Northeast Salem is home to the Oregon State Hospital, the oldest operating psychiatric hospital in the state and the filming location for the 1975 film “One Flew Over the Cuckoo’s Nest.” Shopping and dining options abound at Willamette Town Center, with stores like Target and Best Buy, and eateries such as Nagoya Japanese Steak House & Sushi and Geppetto’s Italian eatery. Neighborhood parks like Geer Community Park and Hoover Park offer recreational features, including walking paths, sports fields, and playgrounds. For a scenic day trip, Silver Falls State Park is nearby with hiking trails and waterfalls. North Salem High School is noted for its excellent music and performing arts programs, having been recognized as a “Grammy Signature School.” Northeast Salem is situated along Interstate 5, providing convenient access to regional destinations like Willamette Valley wineries, Portland, and Eugene.

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Home Trends in Northeast Salem, OR

On average, homes in Northeast Salem, Salem sell after 67 days on the market compared to the national average of 52 days. The median sale price for homes in Northeast Salem, Salem over the last 12 months is $386,250, up 10% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$386,250

Median Single Family Sale Price

$389,500

Median 2 Bedroom Sale Price

$272,500

Average Price Per Sq Ft

$254

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

2.30

Median List Price

$375,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

10%

How to Buy a Home How to Finance a Home How to Sell a Home

In Northeast Salem, there are currently 5 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $339,900 to $3,899,000, there's something for every budget. As of September, 2025 the median home price in Northeast Salem, Salem is $375,000, while the average sale price is $371,002, providing insight into local market trends. On average, multi-family homes spend 67 days on the market before being sold. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in Northeast Salem, Salem.

Northeast Salem Types of Homes for Sale

Northeast Salem Homes for Sale

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.