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Browse All Salem OR Between $400K - $500K Properties for Sale

$439,000
4 Beds 2 Baths 401900045 MLS
More than move-in ready, this beautifully remodeled quintessential 1940s Salem home blends timeless character with modern updates! Enter from the covered porch into a spacious living room featuring refinished hardwood floors, oversized windows that fill the space with natural light, and fireplace. The updated kitchen offers granite countertops, new flooring, an impressive range hood, and new stainless steel appliances. 10x20 detached studio offers true ADU potential with power and water nearby to connect.The versatile floor plan adapts to your lifestyle, functioning as a 5-bedroom home or offering the option to use the adjoining room with its own exterior entrance as a private office, nursery, or retreat off the primary bedroom. The large, mostly finished, 1,442sqft basement (included in the home’s total square footage) adds exceptional flexibility with two additional finished rooms, a full bath, and a large recreation/family room with new carpet throughout. Multiple exterior entrances, a detached garage, and a detached 10x20 studio create even more potential for hobbies, guests, or multi-generational living. There is so much "new" on this house with just a few items being windows, gas on-demand hot water heater, plumbing, gas plumbing, deck, countertops, paint, electrical upgrades, and so much more. Electric Stove is also plumbed for gas. Truly this home is not just "move-in ready" but made to provide comfort and security long into the future.

1090 DONNA AVE, Salem

Listing Courtesy of Premiere Property Group LLC.

$439,000
5 Beds 2 Baths 844130 MLS
More than move-in ready, this beautifully remodeled quintessential 1940s Salem home blends timeless character with modern updates! Enter from the covered porch into a spacious living room featuring refinished hardwood floors, oversized windows that fill the space with natural light, and fireplace. The updated kitchen offers granite countertops, new flooring, an impressive range hood, and new stainless steel appliances. 10x20 detached studio offers true ADU potential with power and water nearby to connect. The versatile floor plan adapts to your lifestyle, functioning as a 5-bedroom home or offering the option to use the adjoining room with its own exterior entrance as a private office, nursery, or retreat off the primary bedroom. The large, mostly finished, 1,442sqft basement (included in the home’s total square footage) adds exceptional flexibility with two additional finished rooms, a full bath, and a large recreation/family room with new carpet throughout. Multiple exterior entrances, a detached garage, and a detached 10x20 studio create even more potential for hobbies, guests, or multi-generational living. There is so much "new" on this house with just a few items being windows, gas on-demand hot water heater, plumbing, gas plumbing, deck, countertops, paint, electrical upgrades, and so much more. Electric Stove is also plumbed for gas. Truly this home is not just "move-in ready" but made to provide comfort and security long into the future.

1090 Donna Ave Ne, Salem

Listing Courtesy of PREMIERE PROPERTY GROUP, LLC - SOUTH SALEM. Cell: 971-388-0339

$455,000
3 Beds 2 Baths 708417538 MLS
Welcome to 1902 Spicetree, a light and bright home that truly stands apart from the average condo. From the moment you step inside, vaulted ceilings and oversized windows flood the main living area with natural light, while a gas fireplace adds warmth and character on cooler days. The open feel of the space makes it perfect for both everyday living and entertaining.The kitchen offers ample counter and storage space, ready for home-cooked meals or casual gatherings. A generously sized bedroom and full bathroom on the main floor provide flexibility — ideal for guests, a home office, or multigenerational living.Upstairs, the primary suite is a genuine retreat. Unwind in the soaking tub, enjoy the convenience of a separate shower, and get ready with ease at the dual-sink vanity. Every detail was designed with comfort in mind.Step outside to a fully fenced, professionally landscaped backyard that feels like your own private escape. The expansive deck steals the show — plenty of room for a dining set, lounge seating, and a grill — while the fencing ensures a quiet, secluded space away from prying eyes, perfect for summer gatherings or peaceful evenings under the stars.With 3 bedrooms, 2.5 bathrooms, this home delivers exceptional value and square footage for the price. Located in the desirable Cinnamon Wood Estates, you'll enjoy easy access to I-5 for commuters, plus grocery stores, restaurants, and parks all just a short drive away.Homes like this — with this much space, privacy, and character — don't come along often. Schedule your showing today before it's gone!

1902 SPICETREE SE LN, Salem

Listing Courtesy of HomeSmart Realty Group.

$455,000
3 Beds 3 Baths 843441 MLS
Light-filled and full of charm, this 1902 Spicetree gem offers vaulted ceilings, oversized windows, and a cozy gas fireplace in the main living space. The kitchen is made for gathering, and a main-floor bedroom with full bath adds flexibility. Upstairs, the primary suite impresses with a soaking tub, separate shower, and dual sinks. The fenced backyard offers a private outdoor retreat with a spacious deck for dining and entertaining. Great value per square foot! Inspection report available upon request. Welcome to 1902 Spicetree, a light and bright home that truly stands apart from the average condo. From the moment you step inside, vaulted ceilings and oversized windows flood the main living area with natural light, while a gas fireplace adds warmth and character on cooler days. The open feel of the space makes it perfect for both everyday living and entertaining.The kitchen offers ample counter and storage space, ready for home-cooked meals or casual gatherings. A generously sized bedroom and full bathroom on the main floor provide flexibility — ideal for guests, a home office, or multigenerational living.Upstairs, the primary suite is a genuine retreat. Unwind in the soaking tub, enjoy the convenience of a separate shower, and get ready with ease at the dual-sink vanity. Every detail was designed with comfort in mind.Step outside to a fully fenced, professionally landscaped backyard that feels like your own private escape. The expansive deck steals the show — plenty of room for a dining set, lounge seating, and a grill — while the fencing ensures a quiet, secluded space away from prying eyes, perfect for summer gatherings or peaceful evenings under the stars.With 3 bedrooms, 2.5 bathrooms, this home delivers exceptional value and square footage for the price. Located in the desirable Cinnamon Wood Estates, you'll enjoy easy access to I-5 for commuters, plus grocery stores, restaurants, and parks all just a short drive away.Homes like this — with this much space, privacy, and character — don't come along often. Schedule your showing today before it's gone!

1902 Spicetree Ln Se, Salem

Listing Courtesy of HOMESMART REALTY GROUP. Cell: 971-315-4773

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The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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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