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Explore Similar Apartments Within 2 Miles of South Salem, OR

  • /33

    $635,000

    • 3 Beds
    • 2.5 Baths
    • 2,795 Sq Ft

    2757 Islander Ave NW, Salem, OR 97304

    Welcome to this stunning 2,795 sq ft home in one of the area’s most sought-after neighborhoods! Featuring 3 spacious bedrooms, 3 baths, an office, and an incredible master suite fit for royalty. Bright, open living spaces, soaring ceilings, a chef’s kitchen, and a spa-like master bath make this home truly special. Enjoy a private backyard, perfect for relaxing or entertaining. Close to top-rated

    Agent Photo

    Lorenzo Flores

    Realty of America, LLC

    (503) 455-5668

    2757 Islander Ave NW, Salem, OR 97304
  • /2

    $1,300,000

    • 16 Beds
    • 10 Baths
    • 7,600 Sq Ft

    345 Norway St NE Unit 347, Salem, OR 97301

    Rare build - 7,600 sq ft 4-plex - 4bed/2.5bath 1,900 st ft per unit! Tenants pay W/S/G. Seller will carry w/ significant down payment.

    Agent Photo

    Michael Lowery

    HOMESMART REALTY GROUP

    (503) 822-6289

    345 Norway St NE Unit 347, Salem, OR 97301
  • /4

    $425,000

    • 4 Beds
    • 2 Baths
    • 1,452 Sq Ft

    1455 Waller St SE, Salem, OR 97302

    Great opportunity for new or seasoned investors! Two units, each with their own yard and parking area. Access upper unit from the front and lower unit from the back alley. Modern, updated and low maintenance. Please respect tenant's privacy, both long term and great people. Welcome to the world of Real Estate investing! .

    JOSE GONZALEZ TU CASA CORPORATION

    1455 Waller St SE, Salem, OR 97302
  • /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
  • /5

    $535,000

    • 4 Beds
    • 3 Baths
    • 2,011 Sq Ft

    1010 Church St NE, Salem, OR 97301

    Three 1940's cottages on one lot! Addresses are 1010 Church St. NE, 625 E St. NE, and 645 E St. NE. New siding, windows, and roof (on 645 E St.). Great opportunity for first time buyers to acquire a home with rentals or for a savvy investor looking for the long term upside. Architectural features like hardwood floors and arches give these units a warm, 40's period vibe. Tenants pay all

    Kenneth Marshall Vintage Realty Northwest

    1010 Church St NE, Salem, OR 97301
  • /2

    $532,000

    • 4 Beds
    • 3 Baths
    • 2,367 Sq Ft

    505 & 511 Woodland Dr NW, Salem, OR 97304

    Built in 2001, this nicely appointed townhome style duplex is located off Eola in NW Salem. Each unit has a living room, dining room, kitchen, laundry space/room, 2 bedrooms and 1.5 bathrooms. Great opportunity to live in one unit and rent out the other for extra income! Units have direct access to a garage or covered breezeway to garage, plus one driveway space for parking. Close to West Salem

    Kelly Culver SMI REAL ESTATE

    505 & 511 Woodland Dr NW, Salem, OR 97304
  • /25

    $625,000

    • 4 Beds
    • 4 Baths
    • 2,282 Sq Ft

    771 21st St SE, Salem, OR 97301

    4 plex investor opportunity in central Salem with potential to assume FHA mortgage at 2.75%! This detached 4-plex offers four 1-bedroom, 1-bath units—each with its own private entrance, electric meter, and water heater. The original home was extensively remodeled and partially rebuilt in 1990–91, blending character with modern updates.Recent improvements include a newer roof (approx. 5–10 years

    Joe Skipper EXP REALTY, LLC

    771 21st St SE, Salem, OR 97301
  • /5

    $1,100,000

    • 6 Beds
    • 5 Baths
    • 5,784 Sq Ft

    2005 Summer St SE Unit 2045, Salem, OR 97302

    Incredible investment opportunity! This 5-unit multi-family property features low taxes and minimal operating expenses. A 6th unit conversion is currently underway—permits in progress—offering added future rental income. Strong rental history and easy-to-maintain layout. Don’t miss the upside potential!

    NOELLE PHILLIPS JMG JASON MITCHELL GROUP-ALBANY

    2005 Summer St SE Unit 2045, Salem, OR 97302
  • /45

    $550,000

    • 4 Beds
    • 2 Baths
    • 2,160 Sq Ft

    189 Stoneway Dr NW, Salem, OR 97304

    Correct address to be 187 & 189 Stoneway dr NW, Salem 97304. Nicely updated duplex in NW Salem. Each unit has 2 beds and 1.5 baths. Great opportunity to live in one unit and rent out the other for extra income! Both units have newly updated quartz countertops, tiled floor bathrooms, laminate floorings, vanities, faucets, toilets, kitchen sinks, garbage disposal, LED lights, light switches,

    Evan Tran iStar Realty LLC

    189 Stoneway Dr NW, Salem, OR 97304
  • /6

    $524,900

    • 4 Beds
    • 4 Baths
    • 2,412 Sq Ft

    5247 Baxter Ct SE Unit 5249, Salem, OR 97306

    Showing upon accepted offer to purchase. Please do not disturb the residents.Solid investment opportunity in a prime location. Townhome style duplex located on a cul-de-sac with close proximity to south I-5. Units are 2 bed / 2.5 bath (with main bedroom ensuite bathroom), and 2-car garage; and 2 bed / 1.5 bath with 1-car garage. Constructed in 1977. Units offer garages, driveway parking,

    Kelly Culver SMI REAL ESTATE

    5247 Baxter Ct SE Unit 5249, Salem, OR 97306
  • /13

    $995,000

    • 12 Beds
    • 6 Baths
    • 5,418 Sq Ft

    1180 Nebraska Ave NE, Salem, OR 97301

    Solid investment opportunity. 3 bed / 1.5 bath units with newer roofs, paint and fencing. Nearest cross streets are Market and Capital Street which provide tenants easy access to transportation and shopping. Please Do Not Disturb the Residents. Showings only with accepted offer to purchase. Tenants pay garbage, electric and yard maintenance. Additional photos available on request.

    Chris Salaz SMI REAL ESTATE

    1180 Nebraska Ave NE, Salem, OR 97301
  • /25

    $629,900

    • 5 Beds
    • 3 Baths
    • 3,161 Sq Ft

    308 19th St SE, Salem, OR 97301

    Investment property close to downtown and Willamette Univ. Could be a good owner-occupied investment. Home has updated electrical. Each unit has separate mini split ac/heater. All on separate elec. meters. No separate water meter. Has large garage/shop which could be potentially rented for extra. Parking space in front of garage/shop for 3 cars. Tenants in unit 1 to be moved out soon. Tenant in

    ERIC DIXON PIKES NORTHWEST, INC

    308 19th St SE, Salem, OR 97301
  • /5

    $300,000

    • 5 Beds
    • 3 Baths
    • 1,882 Sq Ft

    1091 Jefferson St NE Unit 1097, Salem, OR 97301

    CASH ONLY. This property appears to have significant room for rent growth. 2nd br at 1095 does not have a closet at this time. Some updates in units. SF are estimates only based upon the Marion County Assessors Office data. Sellers have priced this at an As Is Cash Only transaction.

    BOB RIGGI WINDERMERE PACIFIC WEST PROP

    1091 Jefferson St NE Unit 1097, Salem, OR 97301
  • /48

    $799,900

    • 7 Beds
    • 6 Baths
    • 3,752 Sq Ft

    923 Fir St S, Salem, OR 97302

    Great investment opportunity to acquire a six-unit multi-family property conveniently located near downtown, with easy access to parks and public transportation. The property consists of five 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, with some featuring hardwood floors. Additionally, there is an on-site laundry room available for tenants. Please refrain from disturbing the tenants.

    Matt Killen Crown Real Estate Group

    923 Fir St S, Salem, OR 97302
  • /47

    $799,900

    • 7 Beds
    • 6 Baths
    • 3,752 Sq Ft

    923-945 Fir St S, Salem, OR 97302

    Great investment opportunity to acquire a six-unit multi-family property conveniently located near downtown, with easy access to parks and public transportation. The property consists of five 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, with some featuring hardwood floors. Additionally, there is an on-site laundry room available for tenants. Please refrain from disturbing the tenants.

    Matt Killen CROWN REAL ESTATE GROUP

    923-945 Fir St S, Salem, OR 97302
  • /18

    $1,650,000

    • 3 Beds
    • 2 Baths
    • 10,774 Sq Ft

    1155 Howard St SE Unit 1173, Salem, OR 97302

    Oxford Apartments is a two-story, ten-unit complex sitting on .34 acres in a quiet and desirable South Salem neighborhood. Built in 1962, the Property features nine one-bedroom/one-bathrooms units and a single two-bedroom/one-bathroom unit. Ownership of the property has remained stable since the 1970s, contributing to its exceptional upkeep. Current rents are still 12% below market rates. Recent

    Ian Crist Bridge Creek Realty

    1155 Howard St SE Unit 1173, Salem, OR 97302
  • /7

    $950,000

    • 14 Beds
    • 8 Baths
    • 4,292 Sq Ft

    241 NW 25th St, Salem, OR 97301

    Worth another look! Updated price reflects brand new exterior paint, fencing & repairs-this is a true turnkey 4-unit investment. One 4-bed unit is vacant, ideal for owner-occupant or renting at market rate. Purpose-built with 14 beds, 8 baths total, newer roof, fiber cement siding, on-site laundry & ample parking. Low-maint, low-expense property in a convenient location with great cash flow &

    Sue Long Keller Williams Realty Mid-Willamette

    241 NW 25th St, Salem, OR 97301
  • /26

    $999,999

    • 3 Beds
    • 3 Baths
    • 2,170 Sq Ft

    3731 Vitae Springs Rd S, Salem, OR 97306

    Looking for small acreage outside of the city limits? This is a 6+ acre parcel in Marion County with awesome northern exposure. Comes with 2100 SF, 3 bed / 3bath house constructed in 1976 and 3 outbuildings. One of them has 3 cold storage temperature controlled rooms. Well has great pressure pumping 20 gallons per minute. Currently on a farm deferral.

    Casey Oliver SMI Commercial Real Estate LLC

    3731 Vitae Springs Rd S, Salem, OR 97306
  • /41

    $649,900

    • 6 Beds
    • 4 Baths
    • 2,989 Sq Ft

    1117 6th (-1119) St NW, Salem, OR 97304

    Newly completely remodeled duplex on double lot! Front unit has 4 bedrooms (downstairs can be office) and two full baths plus laundry room with W/D hook ups. Back unit has 2 bedrooms and 2 full bathrooms plus laundry room with W/D hook ups. Ductless Heat/AC units in each room, Cadet heaters in each bathroom. Newer from the top down! Covered and secure breezeway between units. Great investment

    Chris Forrette COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    1117 6th (-1119) St NW, Salem, OR 97304
  • /41

    $649,900

    • 6 Beds
    • 4 Baths

    1117 6th St NW, Salem, OR 97304

    Newly completely remodeled duplex on double lot! Front unit has 4 bedrooms (downstairs can be office) and two full baths plus laundry room with W/D hook ups. Back unit has 2 bedrooms and 2 full bathrooms plus laundry room with W/D hook ups. Ductless Heat/AC units in each room, Cadet heaters in each bathroom. Newer from the top down! Covered and secure breezeway between units.Great investment with

    Chris Forrette Coldwell Banker Mountain West

    1117 6th St NW, Salem, OR 97304
  • /43

    $335,000

    • 3 Beds
    • 2 Baths
    • 1,060 Sq Ft

    655 Norway (-665) St NE, Salem, OR 97301

    665 Norway is a 1936 Cottage with 2 bdrms 1 bath. Fully applianced kitchen; wood floors, FA Gas; newer roof and freshly painted exterior. Fenced yard. Recently rented for $1450 per month. 655 is a converted single garage to a 1 bdrm 1 bath unit - Recently rented for $950 per month.Close to transportation; Grant Elementary School. Refer to RES listing WVMLS# 821056

    Gladys Blum BLUM REAL ESTATE

    655 Norway (-665) 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
  • /7

    $950,000

    • 14 Beds
    • 8 Baths
    • 4,292 Sq Ft

    241 NE St, Salem, OR 97301

    Worth another look! Updated price reflects brand new exterior paint, fencing & repairs-this is a true turnkey 4-unit investment. One 4-bed unit is vacant, ideal for owner-occupant or renting at market rate. Purpose-built with 14 beds, 8 baths total, newer roof, fiber cement siding, on-site laundry & ample parking. Low-maint, low-expense property in a convenient location with great cash flow &

    Sue Long KELLER WILLIAMS REALTY MID WILLAMETTE

    241 NE St, Salem, OR 97301
  • /10

    $5,995,000 New Construction

    • 48 Beds
    • 32 Baths
    • 21,248 Sq Ft

    5534 Skyline Rd S, Salem, OR 97306

    INVESTMENT OPPORTUNITY 16 unit apartment. Currently being built. Single story. 3/2 each unit. 4-4plex style buildings. Premium finishes. Desirable location in South Salem. Attached garage. Laundry room in each unit. Covered deck out back. Completion estimate November 2025. Walk through only upon scheduled request.

    David Wiggers SMI REAL ESTATE

    5534 Skyline Rd S, Salem, OR 97306
  • /47

    $1,150,000 New Construction

    • 12 Beds
    • 8 Baths
    • 4,980 Sq Ft

    1094 15th St SE, Salem, OR 97302

    BRAND NEW and ready for its new owner! Each unit featuring 3 bedrooms 2 full bathrooms. 2 story homes with 2 large fully covered decks per unit. Home includes marble LVP, lots of kitchen cabinet space, farmhouse sink, butcher block countertops, gorgeous blue tile, large kitchen, spacious kitchen island and eat in island. fully fenced and landscaped for privacy, gorgeous magnolia trees, laundry in

    cherise kish KELLER WILLIAMS REALTY MID WILLAMETTE

    1094 15th St SE, Salem, OR 97302

Why Live in South Salem

South Salem is an established neighborhood characterized by ranch-style homes from the 1950s to 1970s, along with split-level and contemporary houses from the same era. More recent additions include contemporary Craftsman homes from the 2010s and 2020s. The neighborhood features spacious lots, typically just under a quarter acre, with ample front and back yards. Residents enjoy outdoor activities at the Croisan Creek Trail, a popular 1-mile trail for hiking and biking, and Fircrest Park, which offers tennis and basketball courts, a playground, and walking paths. Nearby Minto-Brown Island Park provides 1,200 acres of natural area with over 29 miles of trails, an off-leash dog park, and fishing spots. The Madrona Swim Club and the public Salem Golf Club are also local attractions. South Salem's proximity to Liberty Road and Commercial Street ensures easy access to shops and restaurants, including McMenamins Thompson Brewery & Public House and Taproot Lounge & Café. Grocery shopping is convenient with stores like Roth's Fresh Markets and LifeSource Natural Foods nearby. The neighborhood is well-connected with Cherriots bus routes 8 and 21, and Salem Hospital is just 3.5 miles away. The Salem-Willamette Valley Airport is about 3 miles away, with the nearest major airport in Portland, 62 miles north. South Salem High School, which has a high rating, offers dual credit courses and career and technical education programs. The neighborhood's crime rate is lower than the national average, contributing to its appeal for potential home buyers.

Home Trends in South Salem, OR

Housing Trends

Median Sale Price
$485,000
Median Single Family Sale Price
$518,500
Median 2 Bedroom Sale Price
$347,949
Average Price Per Sq Ft
$270
Number of Homes for Sale
29
Last 12 months Home Sales
118
Months of Supply
2.90
Median List Price
$529,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-6%
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