Between $400,000 - $500,000 Salem OR Real Estate, Homes, Condos for Sale

Gorgeous home with an inviting open layout and beautiful finishes throughout! This 3-bedroom, 2.5-bath home also features an office, vaulted ceilings in the main living area, custom cabinets, quartz countertops, stainless steel appliances, a gas range, and a spacious pantry. The large primary suite includes a walk-in closet. Enjoy the comfort of AC, a covered patio, and convenient RV parking. Ideally located close to schools and shopping. Don’t miss the opportunity to make this beautiful home yours!

160 Salem Heights Ave S, Salem

Listing Courtesy of REALTY ONE GROUP WILLAMETTE VALLEY. 503-871-4422

$425,000

3 Beds ⋅ 3 Baths ⋅ 839918 MLS

Need space? This impressive tri-level townhouse offers nearly 3,000 square feet of flexible living with multiple bonus areas and updated finishes. The open-concept main level connects the living, dining, and kitchen spaces, featuring stainless steel appliances, a pantry, and access to the back deck for outdoor enjoyment. Updated bathrooms add a modern touch, while the spacious lower-level bonus room offers flexibility for a home office, media room, fitness area, hobby space, or additional living area. With 3 bedrooms, 2.5 bathrooms, and an attached 2-car garage, this home delivers the space, functionality, and versatility today's buyers are looking for. Convenient Salem location with easy access to shopping, dining, parks, and major commuting routes.

3107 Tannet Ave Nw, Salem

Listing Courtesy of BELLA CASA REAL ESTATE GROUP. CELL: 503-435-7059

$425,000

3 Beds ⋅ 2 Baths ⋅ 673551495 MLS

Spacious 3-bedroom tri-level townhouse for sale in Salem, Oregon with nearly 3,000 square feet of flexible living space.Room to spread out, room to live the way you actually want to. This move-in ready townhome offers updated finishes, an attached 2-car garage, and multiple bonus areas that adapt to whatever your life needs right now. The open-concept main level keeps the living room, dining area, and kitchen connected, so the cook is never left out of the conversation. The updated kitchen features stainless steel appliances and a walk-in pantry, with direct access to a back deck made for morning coffee and summer evenings outside. Downstairs, the spacious lower-level bonus room is yours to define. It works as a home office, media room, home gym, hobby studio, or a second living area for a growing household. Two updated full bathrooms plus a convenient half bath add a clean, modern feel throughout. This low-maintenance Salem townhome puts you minutes from shopping, dining, parks, and major commuting routes, including quick freeway access for travel toward Portland and the I-5 corridor. No HOA!

3107 TANNET AVE, Salem

Listing Courtesy of Bella Casa Real Estate Group.

$440,000

3 Beds ⋅ 3 Baths ⋅ 838539 MLS

This 3-bedroom, 3-bath home, with an office, built in 2019, has a great open layout with modern finishes throughout. The main floor features an open kitchen with a large island and stainless steel appliances including fridge. The kitchen opens into the great room with a custom fireplace and ceiling fan. Laminate hardwood flooring runs throughout the main level. The office with a closet is on the main floor along with a full bathroom. Upstairs, a loft adds an extra flex space. The primary suite features a ce The primary suite features a ceiling fan, a private bathroom, and large walk in closet. Each additional bedroom has a ceiling fan and the laundry room is furnished with a washer and dryer and is located upstairs for extra convenience. This home includes blinds, A/C, a fenced yard and a one car garage.

5010 Gemini Ave Ne, Salem

Listing Courtesy of RE/MAX EQUITY GROUP. CELL: 503-421-0485

$499,900

5 Beds ⋅ 3 Baths ⋅ 839415 MLS

Great opportunity on this duplex located on a large corner lot w/ two driveways, two car garage w/ parking & 4 car carport and street parking. The interior/exterior remodel includes updated paint, roof on home, gutters, doors, some windows, flooring throughout, kitchen countertops, sinks, vanities & more. 2808 is the larger unit w/ ample room, family room, living room, laundry room and storage. Two separate yards for both units w/ potential for RV/Boat parking. Refer to WVMLS #834538

2806 Livingston 2808 St Ne, Salem

Listing Courtesy of HOMESMART REALTY GROUP. Agent: 503-551-8510

$500,000

835429 MLS

Price Reduced! Introducing an opportunity to purchase commercial property at 2060 Warner St NE, Salem, OR! Because of recent zoning changes, the properties intended use is no longer functional and now Zoned MU-I, this property is best suited for renovation or redevelopment. The property sits in a small residential neighborhood and could be redeveloped for multi family units or remodeled to accommodate a range of retail, business and professional services.

2060 Warner St Ne, Salem

Listing Courtesy of COLDWELL BNKR/COMMERCIAL DIV. AGENT: 503-566-5706

$485,000

6 Beds ⋅ 2 Baths ⋅ 838181 MLS

Well-kept duplex in SE Salem—ideal for owner-occupants or investors! Each unit features a rare 3 bed/1 bath, 1,065 SF floor plan, 1 car garage & washer/dryer hookups. Recent updates include a newer roof, ext. paint, and fencing. Unit #4541 is Vacant & renovated in 2025 with LVP flooring, carpet, countertops, appliances, plus updated plumbing and electrical fixtures. #4551 has stable long-term tenants. Owner currently pays water/sewer/garbage. Investors also see MLS #844304. Co-list broker is also the Owner.

4541-4551 Chippewa Ct Se, Salem

Listing Courtesy of SMI REAL ESTATE. 541-646-0650

$400,000

837632 MLS

Beautiful lot on level ground in South Salem, close access to shopping and I-5. Approved access road. Standard septic approval with multiple locations identified. no well included but well next door is drilled to 161' and static water at 52'. Gas at the edge of property. Electricity at street. Appointment necessary for showings.

Lot 3 Scottish Highland, Salem

Listing Courtesy of HOMESTAR BROKERS. Direc: 503-428-3084

$400,000

837631 MLS

Beautiful setting in South Salem, with multiple level home sites, close access to shopping and I-5. Approved access road. Standard septic approval with multiple locations identified. No well included but well next door is drilled to 161' and static water at 52'. Gas runs through property, see yellow flags. Electricity at street. Must have appointment to see.

Lot 2 Scottish Highland, Salem

Listing Courtesy of HOMESTAR BROKERS. Direc: 503-428-3084

$449,000

3 Beds ⋅ 2 Baths ⋅ 838431 MLS

Fantastic value & room to grow! Upstairs, a bright great room, formal dining that could double as an office, spacious kitchen that opens to a breakfast bar & sunny deck perfect for morning coffee. Daylight basement offers 2 more bedrooms, a spacious family room, in addition to a newly finished flex room ideal for play, crafts or guests. Plus a huge storage room! Outside, upper & lower decks overlook a large, fully fenced backyard. Newer roof, HVAC & water heater add lasting comfort on this quiet cul-de-sac.

1064 Ashwood Ct Se, Salem

Listing Courtesy of PARAMOUNT REAL ESTATE SERVICES. CELL: 503-269-5525

$475,000

3 Beds ⋅ 3 Baths ⋅ 838519 MLS

Accepted Offer with Contingencies. There’s something special about a home that gives you options, and this one gives you plenty. Set on a lovely street in a neighborhood that feeds into sought-after South Salem schools, this property pairs everyday comfort with real flexibility for the way people live now. Inside, you’ll find great natural light, two fireplaces, and a layout that feels both welcoming and functional. The kitchen has been updated with a clean, fresh look and makes smart use of the space it has. Outside, the backyard is flat, usable, and ready for anything from soccer practice to summer dinners to a dog who believes the yard was built exclusively for them.One of the most exciting features here is the spacious addition over the garage, offering more than 600 square feet of possibility. Use it as a generous primary suite, a private setup for multi-generational living, or explore the potential for a separate-entry rental space with its mini-kitchen. It could be an appealing option for traveling nurses, Willamette grad students, or longer-term guests. Short-term vacation rental use is not the play here, but buyers may want to explore ADU or rental possibilities with the city.The oversized garage adds even more value with workshop space for projects, hobbies, storage, or gear that deserves better than being crammed in a corner.Big-ticket updates matter too: the heat pump was replaced in 2016, the AC in 2008, the furnace in 2007, the water heater in 2022, and the roof is only a few years old. That’s the kind of practical peace of mind buyers appreciate.And then there’s the lifestyle piece. The street ends with a path to Pringle Creek Community and Prismatic Coffee, putting one of Salem’s best neighborhood perks practically at the end of the block. Morningside Park is about 0.3 miles away, and Cozzie’s Deli is roughly 0.9 miles away, which means coffee, park time, and sandwiches are all within easy reach.

1726 Ewald Ave Se, Salem

Listing Courtesy of TOMSON BURNHAM, LLC. Direc: 503-428-3239

$469,900

3 Beds ⋅ 3 Baths ⋅ 837427 MLS

New price! Roof, HVAC, siding and exterior paint all NEW within the last few years. Inviting covered front porch welcomes you to this home with open layout featuring high ceilings, wide-plank laminate flooring, and living room with gas fireplace. Entertainer's kitchen w/ eat-bar island, cooktop, plus plenty of cabinet/counter space. Vaulted primary suite with double sinks, jetted tub, walk-in closet with built-ins and a separate shower. Generously sized additional bedrooms and double sinks in main bath upstairs. So much potential in the nearly finished bonus room! Vaulted, insulated, ducting and electrical are IN - could be a large additional bedroom, work-out space, media room.... the possibilities are endless! All appliances stay.

4653 Bohannon Ct Ne, Salem

Listing Courtesy of PREMIERE PROPERTY GROUP, LLC ALBANY. Cell: 503-680-9748

$400,000

3 Beds ⋅ 2 Baths ⋅ 824910 MLS

Great location, single-level home on quiet culdesac! Many updates including LVP flooring, appliances, furnace and AC, thermostat, new toilet, disposal, lav faucets, lighting/ceiling fan and updated insulation in the attic. Family room has corner fireplace and access to patio. Kitchen includes a gas range and a pantry space. Windows are all vinyl.The huge backyard is fully fenced and private with some new fencing. Recently updated garage springs/wheels.

5555 Salinas Ct S, Salem

Listing Courtesy of MANOR REALTY. Agent: 503-949-6616

$414,900

3 Beds ⋅ 3 Baths ⋅ 836598 MLS

Introducing Tally Meadows, S Salem’s newest development! Enjoy modern, stylish condo living that blends luxury, affordability, & convenience. This desirable home offers 1,431 SF, 3 bdrms, 2.5 bath. Fully applianced kitchen including Refrigerator. Cozy Great Rm w/ fireplace. LVP Flooring. Primary Bdrm w/ WI closet and ensuite w dbl sinks & a tile walk in shower. Garage! Fenced Bckyrd! Simplified living, new construction, in a desirable S Salem location! Interior progress pics as of 9/1/26. Lender incentives. New construction condo offering efficient, low-maintenance living in Salem. Planned layout includes 3 bedrooms, 2.5 bathrooms, and an attached garage. Exterior building maintenance and front/side landscaping is handled by the association, reducing ongoing upkeep and simplifying ownership.The design emphasizes functional living space with flexibility for home office use, guests, or everyday needs. Attached garage provides secure parking and additional storage. Condo ownership eliminates front and side yard maintenance while still offering private living areas and fenced backyard.Located near neighborhood parks, schools, shopping, and daily services. Convenient access to major transportation routes including I-5 and OR-22 supports regional commuting. Proximity to South Salem amenities, dining, and retail centers adds everyday convenience.This new construction opportunity provides a streamlined lifestyle option with modern design intent, attached garage parking, and a location positioned near key Salem amenities. Take advantage of Early Bird Pricing on these first of 21 total homes! Ask about lender incentives!

4042 Kurth St S, Salem

Listing Courtesy of BLUM REAL ESTATE. Direc: 503-485-1900

$499,900

5 Beds ⋅ 3 Baths ⋅ 839416 MLS

Great opportunity on this duplex located on a large corner lot w/ two driveways, two car garage w/ parking & 4 car carport and street parking. The interior/exterior remodel includes updated paint, roof on home, gutters, doors, some windows, flooring throughout, kitchen countertops, sinks, vanities & more. 2808 is the larger unit w/ ample room, family room, living room, laundry room and storage. Two separate yards for both units w/ potential for RV/Boat parking. Refer to WVMLS #834535

2806 Livingston 2808 St Ne, Salem

Listing Courtesy of HOMESMART REALTY GROUP. Agent: 503-551-8510

$434,900

3 Beds ⋅ 3 Baths ⋅ 836597 MLS

Introducing Tally Meadows, S Salem’s newest development now under construction! Enjoy modern, stylish condo living that blends luxury, affordability, & convenience. This desirable end unit offers 1,785 SF w 3 bed + office, 2.5 bath. Fully applianced kitchen including Refrig. Great Rm w/ fireplace. LVP Flooring. Primary Bdrm w/ WI closet & ensuite w dbl sinks & tile walk in shower. 2 car garage! Fenced Bckyd! Simplified living, new construction in a desirable S Salem location! Ask about lender incentives! New construction condo offering efficient, low-maintenance living in Salem. Planned layout includes 3 bedrooms plus a dedicated office, 2.5 bathrooms, and an attached 2-car garage. Exterior building maintenance and front/side landscaping is handled by the association, reducing ongoing upkeep and simplifying ownership.The design emphasizes functional living space with flexibility for home office use, guests, or everyday needs. Attached garage provides secure parking and additional storage. Condo ownership eliminates front and side yard maintenance while still offering private living areas and fenced backyard.Located near neighborhood parks, schools, shopping, and daily services. Convenient access to major transportation routes including I-5 and OR-22 supports regional commuting. Proximity to South Salem amenities, dining, and retail centers adds everyday convenience.This new construction opportunity provides a streamlined lifestyle option with modern design intent, attached garage parking, and a location positioned near key Salem amenities. Early Bird Pricing on these first of 21 total homes! Ask about lender incentives!

4036 Kurth St S, Salem

Listing Courtesy of BLUM REAL ESTATE. Direc: 503-485-1900

$415,000

4 Beds ⋅ 2 Baths ⋅ 828815 MLS

New Roof Has Been Installed March 2026! Updated Bathrooms, New handrail to the downstairs has been installed for easy access.3 bedrooms up 1 bedroom down and possible office or workout room. Nice well established neighborhood near grocery store and restaurant's.

4342 Mckay Dr S, Salem

Listing Courtesy of NORTHWEST INVESTOR REALTY. Direc: 503-507-8529

$445,000

4 Beds ⋅ 3 Baths ⋅ 836123 MLS

Charming newer home in a desirable area offering major upgrades such as AC, fully fenced back yard, and under ground sprinklers. This move-in-ready house is conveniently located near main highways, restaurants, and schools making it an excellent option for a variety of lifestyles! *seller will be crediting the buyer $8,000 toward closing costs* Appliances will be staying behind.

427 Lost Lake St Ne, Salem

Listing Courtesy of SIMPLIHOM. 971-218-4281

$499,500

4 Beds ⋅ 3 Baths ⋅ 837342 MLS

Welcome to this 4 bedroom, 2.5 bath home located in a quiet cul-de-sac. The home features a large garage that can accommodate up to four vehicles or serve as an ideal workspace, complete with built-in storage. This home offers comfortable living and a functional layout perfect for everyday life and entertaining.

2033 W Park Ct Nw, Salem

Listing Courtesy of HOMESMART REALTY GROUP. 702-376-8643

$489,000

3 Beds ⋅ 3 Baths ⋅ 837263 MLS

For those seeking luxurious comfort and peace, this is the home for you! Every room is generously sized, creating an open and inviting atmosphere. The kitchen features a thoughtful layout designed to impress, complete with butcher block counters and an island with a gas cooktop. The primary suite is a true stunner, offering a spacious layout and a spa-like bathroom with dual vanities, a jetted soaking tub, a water closet, high-quality finishes, and a large walk-in closet. The expansive family room offers both comfort and warmth, with large windows that bring in abundant natural light and a gas fireplace that runs like a dream. A half bath is conveniently located nearby. Need a place to store all your treasures? The 3-car garage and easily accessible attic provide excellent space for storage. Step outside to your private garden retreat, complete with a covered patio, privacy fencing, a fountain, and mature greenery that creates a peaceful, tucked-away setting. The automated underground sprinkler system will do all the hard work for you in keeping the grass lush and green. Additional highlights include tall ceilings, high-quality carpet with a central vacuum system, and custom window awnings. This house was custom built and lovingly cared for by its owners, and now it is ready for its next chapter. It’s your turn to call this beautiful house home!

4374 Log Dr Ne, Salem

Listing Courtesy of JOHN L. SCOTT-SALEM. Cell: 503-779-7489

$489,000

3 Beds ⋅ 2 Baths ⋅ 150891475 MLS

For those seeking luxurious comfort and peace, this is the home for you! Every room is generously sized, creating an open and inviting atmosphere. The kitchen features a thoughtful layout designed to impress, complete with butcher block counters and an island with a gas cooktop. The primary suite is a true stunner, offering a spacious layout and a spa-like bathroom with dual vanities, a jetted soaking tub, a water closet, high-quality finishes, and a large walk-in closet. The expansive family room offers both comfort and warmth, with large windows that bring in abundant natural light and a gas fireplace that runs like a dream. A half bath is conveniently located nearby. Need a place to store all your treasures? The 3-car garage and easily accessible attic provide excellent space for storage. Step outside to your private garden retreat, complete with a covered patio, privacy fencing, a fountain, and mature greenery that creates a peaceful, tucked-away setting. The automated underground sprinkler system will do all the hard work for you in keeping the grass lush and green. Additional highlights include tall ceilings, high-quality carpet with a central vacuum system, and custom window awnings. This house was custom built and lovingly cared for by its owners, and now it is ready for its next chapter. It’s your turn to call this beautiful house home!

4374 LOG DR, Salem

Listing Courtesy of John L. Scott Salem.

$440,000

3 Beds ⋅ 3 Baths ⋅ 502060976 MLS

This 3-bedroom, 3-bath home, +office, built in 2019, has a great open layout with modern finishes throughout. The main floor features an open kitchen with a large island and stainless steel appliances including fridge. The kitchen opens into the great room with a custom fireplace and ceiling fan. Laminate hardwood flooring runs throughout the main level. The office with a closet is on the main floor along with a full bathroom. Upstairs, a loft adds an extra flex space. The primary suite features a ceiling fan, a private bathroom, and large walk in closet. Each additional bedroom has a ceiling fan and the laundry room is furnished with a washer and dryer and is located upstairs for extra convenience. This home includes blinds, A/C, a fenced yard and a one car garage.

5010 GEMINI NE AVE, Salem

Listing Courtesy of RE/MAX Equity Group.

$449,000

3 Beds ⋅ 2 Baths ⋅ 551015522 MLS

Fantastic value & room to grow! Upstairs, a bright great room, formal dining that could double as an office, spacious kitchen that opens to a breakfast bar & sunny deck perfect for morning coffee. Daylight basement offers 2 more bedrooms, a spacious family room, in addition to a newly finished flex room ideal for play, crafts or guests. Plus a huge storage room! Outside, upper & lower decks overlook a large, fully fenced backyard. Newer roof, HVAC & water heater add lasting comfort on this quiet cul-de-sac.

1064 ASHWOOD SE CT, Salem

Listing Courtesy of Paramount Real Estate Services.

$485,000

634631402 MLS

Well-kept duplex in SE Salem—ideal for owner-occupants or investors! Each unit features a rare 3 bed, 1 bath, 1,065 SF floor plan, 1 car garage & washer/dryer hookups. Recent updates include a newer roof, exterior paint, and fencing. One unit renovated in 2025 with LVP flooring, carpet, countertops, appliances, plus updated plumbing and electrical fixtures. 2nd unit has stable long-term tenants. Owner currently pays water/sewer/garbage. Sold individually or package with the neighboring Duplex at 4561-4571 Chippewa Ct SE Priced at $475,000.

4541 CHIPPEWA CT, Salem

Listing Courtesy of SMI Commercial Real Estate LLC.

$499,500

4 Beds ⋅ 2 Baths ⋅ 131389509 MLS

Welcome to this 4 bedroom, 2.5 bath home located in a quiet cul-de-sac. The home features a large garage that can accommodate up to four vehicles or serve as an ideal workspace, complete with built-in storage. This home offers comfortable living and a functional layout perfect for everyday life and entertaining.

2033 WEST PARK NW CT, Salem

Listing Courtesy of HomeSmart Realty Group.

$469,900

3 Beds ⋅ 2 Baths ⋅ 405146526 MLS

New price! Roof, HVAC, siding and exterior paint all NEW within the last few years. Inviting covered front porch welcomes you to this home with open layout featuring high ceilings, wide-plank laminate flooring, and living room with gas fireplace. Entertainer's kitchen with eat-bar island, cooktop, plus plenty of cabinet/counter space. Vaulted primary suite with double sinks, jetted tub, walk-in closet with built-ins and a separate shower. Generously sized additional bedrooms and double sinks in main bath upstairs. So much potential in the nearly finished bonus room! Vaulted, insulated, ducting and electrical are IN - could be a large additional bedroom, work-out space, media room.... the possibilities are endless! All appliances stay.

4653 BOHANNON NE CT, Salem

Listing Courtesy of Premiere Property Group, LLC.

$495,000

212651994 MLS

5 acre parcel in the desirable hills of South Salem! This flat and usable 5 acre lot offers the opportunity to build your desired custom home with a shop and ADU ! Surrounded by other high end properties with great territorial views. Short distance to illahe hills country club, Creekside golf club, i5 or downtown! Conveniently located to all your needs, desirable schools & shopping! This property offers peace and quiet with amazing privacy. Many building possibilities with this parcel! Includes a well and septic approval!

1 Ballyntyne RD, Salem

Listing Courtesy of HomeSmart Realty Group.

$425,000

3 Beds ⋅ 2 Baths ⋅ 475018181 MLS

Beautifully maintained home is as pretty as it was the day it was born! Open living design with spacious kitchen island is perfect for the chef or entertaining, with sliding door to patio and fully fenced yard off the great room. Upper-level features 3 generous bedrooms plus a bonus room or 4th bedroom opportunity! Laundry is exactly where you want it near the sleeping areas and the Primary bedroom welcomes you with dual sinks and large walk-in closet! All of this on an open airy corner lot!

4807 MILO AVE, Salem

Listing Courtesy of BrightHome Real Estate Group.

$459,000

4 Beds ⋅ 2 Baths ⋅ 729031230 MLS

Charming newer home in a desirable area offering major upgrades such as AC, fully fenced back yard, and under ground sprinklers. This move-in-ready house is conveniently located near main highways, restaurants, and schools making it an excellent option for a variety of lifestyles! *reach out to the LA for more details on the credit amount.* *all appliances will be staying behind*

427 LOST LAKE NE ST, Salem

Listing Courtesy of Harcourts Elite.

$415,000

4 Beds ⋅ 2 Baths ⋅ 702715441 MLS

New Roof as of March 2026

4342 MCKAY S DR, Salem

Listing Courtesy of Northwest Investor Realty.

$499,900

613499095 MLS

The parcel is the corner lot, zoned CG (General Commercial) which allows for a variety of uses. High vehicle traffic due to theater, Strong development opportunity, High density retail corridor. You have access directly from Lancaster Dr SE. Buyer to verify all infor.

423 Lancaster SE DR, Salem

Listing Courtesy of Rich Realty.

$499,900

3 Beds ⋅ 2 Baths ⋅ 21284035 MLS

This custom house includes 638 sf unfinished daylight basement. Prewired with 120 v outlets, 240 v outlet for electric range/ oven. Ready to be finished for additional kitchen, bath/ bedrooms.Home features comfortable contemporary finishes. Large island kitchen, walk in pantry, quartz countertops, custom tall cabinets, SS appliances.Open bright living spaces, spacious master suite, walk-in closets, built in window seat in generous bedroom.Garage w/ 240v EV charging. Seller is OR Licensed broker

3187 NW HIDDEN VALLEY DR, Salem

Listing Courtesy of MORE Realty.

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Between $400K - $500K Salem Real Estate