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Explore Similar Apartments Within 2 Miles of Spring Valley, OR

  • /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
  • /8

    $7,150,000

    • 84 Beds
    • 55 Baths
    • 38,432 Sq Ft

    2510 Broadway St NE, Salem, OR 97301

    Somerset East Apartments features 55 units comprised of five, two or three story buildings. This well-appointed property features spacious one, two, and three-bedroom apartments situated on 69,104 SF (1.59 acres).Units include fully equipped kitchens, private patios or balconies, and access to a pet-friendly environment, complemented by ample on- and off-street parking. Somerset Apartments offers

    Conrad Venti FIRST COMMERCIAL REAL ESTATE

    2510 Broadway St NE, Salem, OR 97301
  • /45

    $579,000

    • 4 Beds
    • 3 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
  • /49

    $650,000

    • 6 Beds
    • 4 Baths
    • 2,936 Sq Ft

    2221 Timothy Dr NW, Salem, OR 97304

    This is a phenomenal opportunity to own a newly remodeled 3 unit multiplex. Property sits in the NW hills with views of Mt Hood. 3 plex appraisal was done in March 2025 and valued at $700,000.00. 3 brand new electric panels. 2 new kitchens, new flooring and carpet through out, new paint, 1 new water heater. This property was a custom built, featuring beautiful custom windows through the units.

    Lauren Plant STELLAR REALTY NORTHWEST

    2221 Timothy Dr NW, Salem, OR 97304
  • /3

    $469,900

    • 4 Beds
    • 3 Baths
    • 2,240 Sq Ft

    1160 Orchard Heights Rd NW, Salem, OR 97304

    Solid investment opportunity in West Salem location. Townhome style duplex with close proximity to parks, grocery shopping, and schools. Units are 2 bed / 1.5 bath with 1-car garages. Each unit offers garage, driveway parking, washer/dryer hookup, dishwasher, fireplace, and partially fenced patio area. Constructed in 1978. Located at the corner of Orchard Heights Rd and Parkway Dr NW, with easy

    Kelly Culver SMI REAL ESTATE

    1160 Orchard Heights Rd NW, Salem, OR 97304
  • /3

    $509,900

    • 4 Beds
    • 3 Baths
    • 2,408 Sq Ft

    1362 Westbrook Dr NW, Salem, OR 97304

    Solid investment opportunity in West Salem location. Spacious townhome style duplex located on a quiet cul-de-sac with close proximity to parks, grocery shopping, and schools. Units are 2 bed / 1.5 bath with 1-car garages. Large 1200 SF units with spacious living room and bedrooms. Each unit offers garage, driveway parking, washer/dryer hookup, dishwasher, fireplace, and fenced back yard.

    Kelly Culver SMI REAL ESTATE

    1362 Westbrook Dr NW, Salem, OR 97304
  • /18

    $725,000

    • 8 Beds
    • 4 Baths
    • 3,150 Sq Ft

    369 18th St SE, Salem, OR 97301

    Beautifully maintained 4-plex in the Capital Park Addition. Each unit has 2 bedrooms and 1 bathroom, kitchens with plenty of storage, and their own washer/dryer hook ups. Building has it's own parking lot accessible by alley with 2 spots per unit. There is an adorable covered gathering area in front of the building and the two end units have their own patios. Long term, reliable tenants in each

    DANIELLE HALEY EXP REALTY, LLC

    369 18th St SE, Salem, OR 97301
  • /2

    $429,900

    • 4 Beds
    • 2 Baths
    • 2,400 Sq Ft

    669 Arleta Place NE, Keizer, OR 97303

    Write offer to purchase contingent upon walk through inspection. No showings without an accepted PSA. Please do not disturb the residents. Ranch-style duplex on cul-de-sac, each with single-car garage, driveway space, large front yard, and fenced in back yard. Large living rooms have working fireplaces. Spacious bedrooms and bathrooms. May be possible to build third unit on the same tax lot;

    Kelly Culver SMI REAL ESTATE

    669 Arleta Place NE, Keizer, OR 97303
  • /13

    $1,049,000

    • 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

    $375,000

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

    1091 Jefferson St NE Unit 1097, Salem, OR 97301

    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

    $810,000

    • 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

    $810,000

    • 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
  • /25

    $435,000

    • 5 Beds
    • 3 Baths
    • 1,911 Sq Ft

    1438 (-1440 5) Glen Creek Rd, Salem, OR 97304

    Opportunity awaits with this ideally located triplex in desirable NW Salem. Just minutes from shops, businesses, and the Salem-Dallas Highway, this property offers excellent convenience, making it a strong draw for tenants and helps keep vacancies low. Unit 1440.5 has been recently renovated, and the entire exterior has been freshly painted, allowing the next owner to step in with minimal work.

    Sabrina James SMI REAL ESTATE

    1438 (-1440 5) Glen Creek Rd, Salem, OR 97304
  • /16

    $825,000

    • 8 Beds
    • 6 Baths

    1022 Arthur Way NW, Salem, OR 97304

    Fantastic investment opportunity awaits with this beautifully built duplex! Each with 4 bedrooms, 2.5 full bathrooms, an attached garage, and private fenced backyard. Thoughtful open-concept layouts. This property perfect for investors and homeowners alike. Please do not disturb tenants.

    Nereyda Aguirre Aguirre eXp Realty LLC

    1022 Arthur Way NW, Salem, OR 97304
  • /15

    $750,000

    • 6 Beds
    • 4 Baths
    • 2,966 Sq Ft

    1032 Arthur Way NW, Salem, OR 97304

    Fantastic investment opportunity awaits with this beautifully built duplex! Each with 3 bedrooms, 2 full bathrooms, an attached garage, and private fenced backyard. Thoughtful open-concept layouts. This property perfect for investors and homeowners alike. Please do not disturb tenants.

    Nereyda Aguirre Aguirre eXp Realty LLC

    1032 Arthur Way NW, Salem, OR 97304
  • /19

    $825,000

    • 8 Beds
    • 5 Baths
    • 3,003 Sq Ft

    1020 Arthur Way NW, Salem, OR 97304

    Fantastic investment opportunity awaits with this beautifully built duplex! Eachwith 4 bedrooms, 2.5 full bathrooms, an attached garage, and private fenced backyard. Thoughtful open-concept layouts. This property perfect for investors and homeowners alike. Please do not disturb tenants.

    NEREYDA AGUIRRE EXP REALTY, LLC

    1020 Arthur Way NW, Salem, OR 97304
  • /15

    $750,000

    • 6 Beds
    • 4 Baths
    • 2,966 Sq Ft

    1030 Arthur Way NW, Salem, OR 97304

    Fantastic investment opportunity awaits with this beautifully built duplex! Eachwith 3 bedrooms, 2 full bathrooms, an attached garage, and private fenced backyard. Thoughtful open-concept layouts. This property perfect for investors and homeowners alike. Please do not disturb tenants.

    NEREYDA AGUIRRE EXP REALTY, LLC

    1030 Arthur Way NW, Salem, OR 97304
  • /9

    $599,000

    • 8 Beds
    • 4 Baths
    • 3,332 Sq Ft

    1487 Waller St SE Unit 1495, Salem, OR 97302

    4-Plex with 2 bedroom 1 bath units with a total of 4 off street parking spaces. On site utility room with coin operated washer/dryer. Do not disturb tenants.

    JOHN ZOBRIST EXP REALTY, LLC

    1487 Waller St SE Unit 1495, Salem, OR 97302
  • /47

    $399,000

    • 4 Beds
    • 2 Baths
    • 1,344 Sq Ft

    1625 12th St SE, Salem, OR 97302

    Unique rental housing opportunity. 5 room boarding home located 1 mile from the Willamette University campus. Off street parking will accommodate all tenants. CR Zoning provides flexibility for future uses (Previously used for Title Office). Please do not disturb the tenants.

    Chris Salaz SMI REAL ESTATE

    1625 12th St SE, Salem, OR 97302
  • /41

    $679,900

    • 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

    $679,900

    • 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
  • /4

    $1,175,000

    • 10 Beds
    • 6 Baths

    3208 Broadway St NE Unit 3210, Salem, OR 97303

    Introducing the Nguyen Le 6-plex, where functionality meets flair in the heart of Salem. This multi-family gem boasts 12 bedrooms and 6 bathrooms across 4974 square feet of thoughtfully designed space. Laminate flooring throughout, ensuring a clean and contemporary ambiance.The convenience begins right at your doorstep with on-site laundry facilities, sparing you those pesky trips to the

    Steven Vo MORE Realty

    3208 Broadway St NE Unit 3210, Salem, OR 97303
  • /28

    $2,085,000

    • 16 Beds
    • 12 Baths

    7610 Maebelle Ln NE, Salem, OR 97303

    Introducing a turnkey investment in Keizer with 4 well-maintained and well-appointed individual homes! Built in 2007, these properties are 4 bed/2.5 bath with square footage ranging between 2,127sf and 2,159sf each. Aside from the great location to schools, these homes feature things like UGS, walk in closets, gas fireplaces, living AND family rooms, fenced yards, and 2 car garages to draw in

    Dave Smith Tradition Real Estate Partners LLC

    7610 Maebelle Ln NE, Salem, OR 97303
  • /25

    $2,085,000

    • 16 Beds
    • 10 Baths
    • 8,572 Sq Ft

    7610 Maebelle Ln NE, Keizer, OR 97303

    Introducing a turnkey investment in Keizer with 4 well-maintained and well-appointed individual homes! Built in 2007, these properties are 4 bed/2.5 bath with square footage ranging between 2,127sf and 2,159sf each. Aside from the great location to schools, these homes feature things like UGS, walk in closets, gas fireplaces, living AND family rooms, fenced yards, and 2 car garages to draw in

    Dave Smith TRADITION REAL ESTATE PARTNERS

    7610 Maebelle Ln NE, Keizer, OR 97303
  • /43

    $350,000

    • 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

    $1,170,000

    • 7,884 Sq Ft

    1104-1120 Waller St SE, Salem, OR 97302

    Southeast Salem 9-plex - Seven 2 bdrm/1 bath and Two 1 bdrm/1 bath. 766 to 834 SF units. 10 on-site parking spaces with additional street parking available. Complex has direct access to Bush Park with walking paths. New Roof and exterior paint in 2017. On-site laundry room. Rents $975 to $1195 per unit. Currently 100% occupied with one vacancy coming next month. Please do not disturb

    Ruth Dana FIRST COMMERCIAL REAL ESTATE

    1104-1120 Waller St SE, Salem, OR 97302
  • /49

    $587,000

    • 5 Beds
    • 2 Baths
    • 1,736 Sq Ft

    520 Ave S, Salem, OR 97302

    Two houses! located in Sought after Candelaria school district. Main house was fully remodeled in 2019, all new plumbing, electrical, furnace, AC, kitchen, granite countertops throughout, bathroom, siding, LVP flooring, paint everything was touched! ADU was built in 2021 it is 2 bed,1 bath home 748sqft with 11-foot ceilings. Mini split for heating and cooling and LVP flooring, also granite

    David Schacher COLDWELL BNKR/COMMERCIAL DIV

    520 Ave S, Salem, OR 97302
  • /2

    $845,000 New Construction

    • 4 Beds
    • 5 Baths
    • 2,645 Sq Ft

    4845 & 4847 Elvira Place N, Keizer, OR 97303

    Experience the epitome of modern living with this exquisite duplex. Whether you seek a luxurious home for yourself or a savvy investment opportunity, this property offers the best of both worlds. Nestled in a newly constructed development, its convenient location ensures easy access to amenities and transportation. Revel in the sleek design and customizable finishes, making it your own haven with

    LILLIAN KAY FCRE HOME

    4845 & 4847 Elvira Place N, Keizer, OR 97303
  • /47

    $800,000 New Construction

    • 6 Beds
    • 6 Baths
    • 2,704 Sq Ft

    0 Oppek (Lot Unit 4) St NE 825848, Keizer, OR 97303

    Rare Duplex investment opportunity in Keizer OR! TO BE BUILT WITH ACCEPTED OFFER BY Comfort Homes LLC CCB #152024. Beautiful new construction w/ prime Keizer location w/ walking distance to a park! Customize the front exterior elevation. Each unit has 3 beds / 2.5 baths, laundry rooms, high end finishes, attached garage and fully fenced yard with irrigation. Come pick your finishes! BOHLANDER

    Ilya Makarenko HOMESMART REALTY GROUP

    0 Oppek (Lot Unit 4) St NE 825848, Keizer, OR 97303
  • /44

    $825,000 New Construction

    • 6 Beds
    • 6 Baths
    • 2,834 Sq Ft

    0 Oppek (Lot Unit 2) St NE 825847, Keizer, OR 97303

    Rare Duplex investment opportunity in Keizer OR! TO BE BUILT WITH ACCEPTED OFFER BY Comfort Homes LLC CCB #152024. Beautiful new construction w/ prime Keizer location w/ walking distance to a park! Each unit has 3 bedrooms / 2.5 baths, alcove space for office, laundry rooms, high end finishes, attached garage and fully yard with irrigation. Come pick your finishes! BOHLANDER MEADOWS, Keizer OR.

    Ilya Makarenko HOMESMART REALTY GROUP

    0 Oppek (Lot Unit 2) St NE 825847, Keizer, OR 97303
  • /49

    $809,900 New Construction

    • 6 Beds
    • 4 Baths
    • 2,450 Sq Ft

    0 Oppek (Lot Unit 3) St NE, Keizer, OR 97303

    Rare Duplex investment opportunity in Keizer OR! TO BE BUILT WITH ACCEPTED OFFER BY Comfort Homes LLC CCB #152024. PRIMARY ON MAIN! Beautiful new construction w/ prime location. Each unit with 3 bedroom / 2 baths, laundry rooms, high end finishes, attached garage and fully fenced yard with irrigation. Come pick your finishes! BOHLANDER MEADOWS, Keizer OR. Conveniently located to all your needs,

    Ilya Makarenko HOMESMART REALTY GROUP

    0 Oppek (Lot Unit 3) St NE, Keizer, OR 97303

Why Live in Spring Valley

Spring Valley in Salem, Oregon, is characterized by its diverse home styles, including ranch-style homes, farmhouses, Colonial Revivals, modern contemporary, and new traditional homes. The neighborhood's rolling hills, winding country roads, and abundant trees provide a sense of privacy, with properties often featuring large lots ranging from 5 to 43 acres. Residents can enjoy sweeping views of the valley and surrounding mountain ranges, including Mt. Hood and Mt. Jefferson. The area has a lower crime risk compared to the national average. Outdoor attractions are plentiful, with the Willamette River Greenway Spring Valley Access offering 177 acres of multi-use trails, fishing spots, and canoe/kayak launches. Maud Williamson State Recreation Site and Orchard Heights Park provide additional recreational opportunities, including hiking, picnicking, and sports facilities. While commercial activity within Spring Valley is limited, residents can find essential services and dining options in nearby West Salem, about 6 miles away. Notable spots include the food truck park Checkpoint 221 and Xicha Brewing. Vineyards and wineries such as Bethel Heights Vineyard and Bryn Mawr Vineyards offer local wine tasting experiences. The neighborhood is car-dependent, with Wallace Road and Zena Road serving as main thoroughfares. Downtown Salem is approximately 7.5 miles away, and the Wheatland Ferry provides an alternative route across the river. West Salem High School, known for its performing arts and technical education programs, serves the area and has a high rating.

Home Trends in Spring Valley, OR

Housing Trends

Median Sale Price
$308,000
Median Single Family Sale Price
$308,000
Average Price Per Sq Ft
$143
Number of Homes for Sale
0
Last 12 months Home Sales
13
Months of Supply
0.00
Median List Price
$321,235
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-14%
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