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1196 Chemeketa St Ne, Salem
$595,000
6 Beds ⋅ 6 Baths
Vintage home made into six apartment units. Two units occupied.

1196 Chemeketa St Ne, Salem

Listing Courtesy of SHARON WOODS REAL ESTATE. Direc: 503-871-5971 Selling Office: SHARON WOODS REAL ESTATE.

1455 Waller (A & B) St Se, Salem
$435,000
4 Beds ⋅ 2 Baths
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!

1455 Waller (A & B) St Se, Salem

Listing Courtesy of TU CASA CORPORATION. Agent: 503-851-6582 Selling Office: EXP REALTY, LLC.

3021 D St Ne, Salem
$725,000
4 Beds ⋅ 3 Baths
One party listing.

3021 D St Ne, Salem

Listing Courtesy of WINDERMERE PACIFIC WEST PROP. Agent: 503-851-7024 Selling Office: SMI REAL ESTATE.

1250 Marilyn 1256 St Se, Salem
$529,000
Fully occupied 4-plex in South Salem with on-site laundry facility. Currently rented as affordable housing. Each unit is 2br, 1 bath with 1 carport per unit.Showing upon accepted offer. Please do not disturb tenants.

1250 Marilyn 1256 St Se, Salem

Listing Courtesy of MOSAR COMMERCIAL PROPERTIES. 971-273-7670 Selling Office: MOSAR COMMERCIAL PROPERTIES.

3552-3554 Ne Anchor Ct, Salem
$612,000
6 Beds ⋅ 6 Baths
Now Priced to Sell! We’ve made another price adjustment—and this time, it’s the one that will get it SOLD! Listed at $625,000, this 2016-built duplex is an amazing opportunity for investors or owner-occupants. Each side features 3 bedrooms, 2.5 bathrooms, and 1,211 sq. ft. with granite counters, stainless appliances, LVT flooring, fenced yards, and one-car garages. Low-maintenance, modern, and move-in ready—this property shines inside and out. Don’t wait, schedule your showing today!

3552-3554 Ne Anchor Ct, Salem

Listing Courtesy of LEGACY REAL ESTATE. Cell: 503-949-8539 Selling Office: NON-MEMBER SALE.

172 Salem Heights Ave S, Salem
$700,000
8 Beds ⋅ 4 Baths
Back On Market! Well maintained Salem 4-Plex With Great Potential! Total Gross Income of $3900/month and increasing to $4300/month in 90 days. Brand New Roof & Gutters & Paint! Most Units Have Updates Including Interior Paint, Vinyl Flooring, & New Water Heaters. Landlord Pays For Water, Sewer, & Trash. Tenants Pay All Other Utilities. Great Rental History & Perfect Property For Owner Occupier or Seasoned Landlord. Showings With An Accepted Offer Only!

172 Salem Heights Ave S, Salem

Listing Courtesy of REAL BROKER. 458-209-0163 Selling Office: SMI REAL ESTATE.

4433-4437 Mahrt Ave Se, Salem
$10,175,000

4433-4437 Mahrt Ave Se, Salem

Listing Courtesy of TRADITION REAL ESTATE PARTNERS. Cell: 503-559-9279 Selling Office: NON-MEMBER SALE.

546 48th 548 Ct Se, Salem
$425,000
4 Beds ⋅ 2 Baths
Incredible duplex on a quiet street in a GREAT area. One unit has recently vacated making this the perfect situation for an owner occupant. You can live on one side and pay a substantial amount of your mortgage with rent from the other unit. This property features a carport for each unit, dedicated storage, a private backyard for each unit, open floor plan, spacious bedrooms and more.

546 48th 548 Ct Se, Salem

Listing Courtesy of EXP REALTY, LLC. 949-315-8013 Selling Office: WORKS REAL ESTATE.

2728 Lancaster Dr Se, Salem
$2,500,000
38 Beds ⋅ 27 Baths
Discover Tamara Manor: Your smart investment choice! Ideal location near major employers, I5 access. 16 inviting 2-bedrooms, 2 expansive 3-bedrooms, all below market rents. Recent upgrades, 11 remodeled units, 6 vintage with loyal, long-term tenants. Achieve a 5.86% Cap rate based on actual operating data. Owner financing available. Your gateway to affordable comfort and savvy investment awaits in this upgraded 18-unit haven.

2728 Lancaster Dr Se, Salem

Listing Courtesy of SMI REAL ESTATE. Cell: 971-707-0335 Selling Office: SMI REAL ESTATE.

4185 Geranium 4189 Lp Ne, Salem
$597,000
6 Beds ⋅ 5 Baths
4189 & 4185 Geranium Loop. Great investment opportunity - two townhouse units each with 3 bedroom and 2 1/2 bath. Large bedrooms including walk-in closets! Attached single car garages for each unit. Ample parking opportunity in the driveway and on street parking allowed. Backyards are fenced, front & backyard are both landscaped. These duplexes could also be sold as 2 separate zero lot line units! Long term rental history. Units can be sold separately: WVMLS 819108 & 819109

4185 Geranium 4189 Lp Ne, Salem

Listing Courtesy of HALLMARK PROPERTIES, INC.. Cell: 503-951-2344 Selling Office: MORE REALTY.

5287 Baxter Ct Se, Salem
$460,000
4 Beds ⋅ 3 Baths
New roof installed November 2025. 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 / 1.5 bath with 1-car garages. Constructed in 1977. Units offer 1-car garages, driveway parking, washer/dryer hookups, dishwashers, fireplaces, and A/C, with large back yards and decks. Walkthrough upon accepted offer to purchase. Please do not disturb the residents.

5287 Baxter Ct Se, Salem

Listing Courtesy of SMI REAL ESTATE. CELL: 503-931-2565 Selling Office: EXP REALTY, LLC.

190 14th St Se, Salem
$511,000
3 Beds ⋅ 4 Baths
One Tenant leases all four renovated units and pays sewer/water, and common area electric. 6.9 CAP! Older architecturally beautiful home converted to apartments decades ago. Near Salem Hospital, Willamette University, Capitol buildings, downtown. Over $50,000 in recent upgrades. Property consists of 2 legal parcels being consolidated, making the structure conforming. Final recording of approved plat expected by 1/1/25. 500-year and 100-year flood plain. County build date of 1956 not guaranteed by Seller.

190 14th St Se, Salem

Listing Courtesy of VINTAGE REALTY NORTHWEST. 541-754-7314 Selling Office: CONSTANT COMMERCIAL REAL ESTATE INC.

1076 Raffon 1078 Ct Se, Salem
$449,900
4 Beds ⋅ 3 Baths
Very well maintained Duplex located on a quiet cul-de-sac in SE Salem. Both units mirror one another & both are in great condition. 2 bed/1.5 bath/970 SF on each side, complete with FA gas furnaces, vinyl windows, 1 car garage. Laundry hookups & plenty of room for storage in each garage. Primary bedrooms contain half bath. Open floor plan with combo living/dining, attached kitchen & private, oversized fenced backyards with patio. Property sits on a low traffic street with other well maintained properties.

1076 Raffon 1078 Ct Se, Salem

Listing Courtesy of SMI REAL ESTATE. 541-646-0650 Selling Office: TU CASA CORPORATION.

923-945 Fir St S, Salem
$715,000
7 Beds ⋅ 6 Baths
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.

923-945 Fir St S, Salem

Listing Courtesy of CROWN REAL ESTATE GROUP. Direc: 503-409-5023 Selling Office: NON-MEMBER SALE.

4838 State 4840 St, Salem
$430,000
4 Beds ⋅ 2 Baths
Excellent investment opportunity or perfect for owner-occupancy! Each unit features a smart layout with no shared interior walls, offering added privacy. Attached garages and ample parking, private fenced yards with patios, and laundry located off the kitchen. Prime location near schools, shopping, and easy freeway access. Don't miss this versatile property!

4838 State 4840 St, Salem

Listing Courtesy of EXP REALTY, LLC. CELL: 503-507-6483 Selling Office: HOMESMART REALTY GROUP.

4173-4175 Campbell Dr Se, Salem
$457,000
4 Beds ⋅ 2 Baths
Offer deadline 6.12.25 at 3:00pm.Beautifully renovated duplex w potential for owner occupancy until fully leased! Featuring cherrywood cabinetry, updated countertops, stainless steel appliances, modern sinks & fixtures plus vinyl windows/wood blinds. Enjoy forced-air gas heat, waterproof vinyl plank flooring & ceiling fans. Interior updates include new doors, casework & brushed stainless hardware. Dual covered patios, fenced yards & a carport add convenience. Prime location near shopping & quick I5 access.

4173-4175 Campbell Dr Se, Salem

Listing Courtesy of HOMESMART REALTY GROUP. Direc: 503-510-6580 Selling Office: REALTY ONE GROUP WILLAMETTE VALLEY.

3522 Ibis 3532 St Ne, Salem
$395,880
4 Beds ⋅ 2 Baths
Cul de sac location, freshly painted on the exterior. Long term tenants, rents raised 5/1. Tenants pay all utilities, water, sewer and garbage. Units come with a wood burning fire place. Tenants very easy to work with and would like to stay. Easy access to I-5 and lots of shopping. new roof put on 6/24/24.

3522 Ibis 3532 St Ne, Salem

Listing Courtesy of JOHN L. SCOTT-SALEM. Cell: 650-678-9031 Selling Office: EXP REALTY, LLC.

872 Highland 894 Ave Ne, Salem
$640,000
7 Beds ⋅ 4 Baths
Investor, Property Manager Alert. This is your opportunity to add 3 extra houses to your portfolio. These three houses are on one parcel all rented with notification to tenants of sale and ready for more units as permitted by city or demo them down and build apartments is a possibility. Buyer to do own diligence on uses with city. Units rent is lower than market value. Also see WVMLS 812148 and 812152 related listings. Listing agent is member of Excellence Investment and Rentals, Inc / seller.

872 Highland 894 Ave Ne, Salem

Listing Courtesy of HOMESMART REALTY GROUP. Cell: 971-273-3829 Selling Office: SMI REAL ESTATE.

1362 Westbrook Dr Nw, Salem
$430,000
4 Beds ⋅ 3 Baths
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. Constructed in 1981. Located near Orchard Heights Rd with easy access to public transit.

1362 Westbrook Dr Nw, Salem

Listing Courtesy of SMI REAL ESTATE. CELL: 503-931-2565 Selling Office: RE/MAX INTEGRITY - SALEM.

810 Electric Ave Se, Salem
$445,000
4 Beds ⋅ 2 Baths
Charming Nob Hill home w/ an attached ADU (permitted) & a detached garage. Fully rented for $4000 per month ($2500 & $1500). The main house has been updated but maintains that retro charm. Featuring hardwood floors, fireplace, forced air gas heat w/ central AC, 1st floor primary bedroom, large unfinished basement w/ workshop area, & a fenced yard. The ADU has a new beautiful kitchenette, tasteful updates, a private deck, & has a new mini-split. Desirable area, near Bush Park. Please do not disturb tenants.

810 Electric Ave Se, Salem

Listing Courtesy of ELITE REALTY GROUP. Agent: 503-910-9206 Selling Office: SILVERTON REALTY, INC..

415 417 Madrona Rd S, Salem
$472,000
5 Beds ⋅ 3 Baths
Updated Duplex in South Salem near shopping and amenities. new roof in Feb of 2024, energy efficient windows in the 3/2, and updated interiors!

415 417 Madrona Rd S, Salem

Listing Courtesy of LEGACY REAL ESTATE. Cell: 503-779-6967 Selling Office: TRADITION REAL ESTATE PARTNERS.

3015 Tess 3025 Ave Ne, Salem
$440,000
4 Beds ⋅ 4 Baths
Excellent investment opportunity! Single story duplex, each side of duplex has 2 bedroom, 1.5 bathrooms, 1 car attached garage & fenced back yards. Exterior painted in 2022, new front doors & fire wall between units. Quiet, established neighborhood, close to Hoover Elementary School and ease freeway access. Tenants pay all utilities. 3015 has hard wood floors & a side gate to back yard that could accommodate RV. 3025 has a gas fireplace insert, a/c & new hot water heater. 3015 has new full bathroom.

3015 Tess 3025 Ave Ne, Salem

Listing Courtesy of COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.. Agent: 503-510-2686 Selling Office: COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC..

3015 Madison St Ne, Salem
$490,000
6 Beds ⋅ 3 Baths
Fantastic rental opportunity! This triplex features three units, each with 2 bedrooms and 1 bathroom. One of the units has been fully updated, offering modern finishes and added appeal. With no current tenants, you have the flexibility to set rental rates and maximize your income potential. Don’t miss this chance to invest in a property with great earning possibilities!

3015 Madison St Ne, Salem

Listing Courtesy of WINDERMERE HERITAGE. Direc: 503-559-9055 Selling Office: SANDY LYNESS REAL ESTATE INVESTMENTS, LLC.

4040 Hayesville Dr Ne, Salem
$39,300,000
357 Beds ⋅ 321 Baths
COMP DATASpring Woods is a 174-unit apartment community located in Salem, OR. This new construction property was built in phases, with buildings delivered from July 2024 to May 2025. The property’s total rentable space is equal to 174,129 square feet.

4040 Hayesville Dr Ne, Salem

Listing Courtesy of SMI REAL ESTATE. 503-390-6060 Selling Office: NON-MEMBER SALE.

1015 Park Ave Ne, Salem
$471,000
4 Beds ⋅ 2 Baths
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. One unit is tenant occupied providing instant rental income while the other side is move in ready and perfect for an owner occupant or additional rental potential.

1015 Park Ave Ne, Salem

Listing Courtesy of EXP REALTY, LLC. 503-367-9609 Selling Office: HOMESMART REALTY GROUP.

1720 Oxford 1740 St Se, Salem
$650,000
3 Beds ⋅ 2 Baths
INVESTMENT OPPORTUNITY... The Oxford Village MHP , The main home built in 1940 is a 3 bedroom /2 bath 2200 sqft with unfinished basement, 1 duplex , 4 Cottages, 2 single wide Manufactured homes, and 5 RV spaces. Owner lives in main home, all other dwellings are rented, along with 3 RV spaces rented, has a community green space in center of complex. The Duplex is 968 sqft each side , the cottages are between 496-600 sqft . There is electric and gas on the property. Great opportunity. Do not walk on property

1720 Oxford 1740 St Se, Salem

Listing Courtesy of SUNDANCE REALTY LLC. Cell: 503-559-1880 Selling Office: COHO REALTY.

1410 Salishan 1420 St Se, Salem
$425,000
6 Beds ⋅ 2 Baths
Single story Duplex with three bedrooms and one bathroom in each unit. Conveniently located right on bus line. Each unit comes with Dining area, Large living room with slider to patio, Laundry hookup, carport and a 5'x10' storage room. Live in one side, rent the other! 1410 is vacant and ready to move into.

1410 Salishan 1420 St Se, Salem

Listing Courtesy of CROWN REAL ESTATE GROUP. Direc: 503-409-5023 Selling Office: TU CASA CORPORATION.

5138 Skyline Village (-5140) Lp S, Salem
$468,800
4 Beds ⋅ 2 Baths
Welcome to this well-maintained duplex with a range of newer upgrades, including vinyl flooring, carpet, roof, appliances, and interior paint. This property presents a fantastic investment opportunity for those looking to build their wealth through real estate. Don't miss out on this chance to own a property that has been carefully cared for.

5138 Skyline Village (-5140) Lp S, Salem

Listing Courtesy of KELLER WILLIAMS CAPITAL CITY. 971-208-5093 Selling Office: HOMESMART REALTY GROUP - KEIZER.

6921 Talloc 6923 Ave Se, Salem
$805,000
6 Beds ⋅ 4 Baths

6921 Talloc 6923 Ave Se, Salem

Listing Courtesy of HOMESMART REALTY GROUP. Direc: 503-409-3738 Selling Office: HOMESMART REALTY GROUP.

1230 Chemeketa St Ne, Salem
$1,005,000
10 Beds ⋅ 10 Baths
Well maintained 10 unit MF cottages, currently achieving 42.6% of market rents. One unit currently vacant for tours. For additional due diligence information please contact listing agent.

1230 Chemeketa St Ne, Salem

Listing Courtesy of SVN COMMERCIAL ADVISORS, LLC. Cell: 503-400-7851 Selling Office: SMI REAL ESTATE.

Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.

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