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$799,900
677730878 MLS
Multiunit investment opportunity! This townhouse-style fourplex is tucked along a tree-lined street in South Salem by Pringle Creek. Spacious, well-maintained units each offer 2 bedrooms, 1.5 bathrooms, washer/dryer hookups, a private deck, and an attached single-car garage. Low-maintenance landscaping, ample parking, a strong rental history, and low vacancy make this an outstanding investment. New roof in 2020. Two units are below market rent, offering excellent upside potential.

1725 SALISHAN ST, Salem

Listing Courtesy of HomeSmart Realty Group.

$549,900
118853398 MLS
Updated triplex in a very convenient location. Whether you are seeking a turnkey rental investment or comfortable one-story living, this property delivers outstanding versatility and lasting value. Each unit features two bedrooms, one bathroom, and its own private backyard, offering privacy and convenience for occupants. Don't miss this rare opportunity.

1848 Lansing NE AVE, Salem

Listing Courtesy of eXp Realty, LLC.

$850,000
6 Beds ⋅ 7 Baths ⋅ 844900 MLS ⋅ 1734-1748 Center St BLDG.
Don't miss out! 8 Unit mixed use investment opportunity, sitting on a highly trafficked corner near downtown Salem! Property contains (2) retail spaces with solid rental history and (6) well kept & secluded 1 bed/1 bath apartments. Primary retail tenant has been in place for 23 years. Property sits on the busline and is walkable to various downtown amenities. Tenants enjoy a private courtyard, alley access w/ (1) parking space per unit & a shared laundry room. Plenty of rent upside to improve cash flow! *Unit #1736 rent increases to $875 on 9.1.26. *Unit #1746 rent increases to $875 on 10.1.26. See associated docs.

1742 Center St Ne, Salem

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

$850,000
385679407 MLS
Don't miss out on this 8 Unit investment opportunity, sitting on a highly trafficked corner in downtown Salem! Property contains (2) retail spaces with solid rental history and (6) well kept & secluded 1 bed/1 bath apartments. Primary retail tenant has been in place for 23 years. Property sits on the busline and is walkable to various downtown amenities. Tenants enjoy a private courtyard, alley access w/ (1) parking space per unit & a shared laundry room. Plenty of rent upside to improve cash flow! *Unit #1736 rent increases to $875 on 9.1.26. *Unit #1746 rent increases to $875 on 10.1.26.Please do not disturb the residents

1742 CENTER ST, Salem

Listing Courtesy of SMI Commercial Real Estate LLC.

$1,450,000
12 Beds ⋅ 12 Baths ⋅ 844894 MLS
Brand-new 4-plex in desirable West Salem! Each 3bd, 2.5ba unit features all LVP flooring, quartz countertops, an attached single-car garage, A/C, and a fully fenced and landscaped yard (artificial turf). All appliances are included, including refrigerator, washer & dryer. Conveniently located near parks, schools, and everyday amenities. Completion anticipated mid-Fall 2026. Members of the selling entity are licensed Realtors® in Oregon

1145 Lupin Ln Nw, Salem

Listing Courtesy of HOMESMART REALTY GROUP. 503-559-9901

$549,900
6 Beds ⋅ 3 Baths ⋅ 844817 MLS
Accepted Offer with Contingencies. Updated triplex in a very convenient location. Whether you're seeking a turnkey rental investment or comfortable single-level living, this property delivers outstanding versatility and lasting value. Each unit features two bedrooms, one bathroom, and its own private backyard, offering privacy and convenience for occupants. Don't miss this rare opportunity.

1848 Lansing Ave Ne, Salem

Listing Courtesy of EXP REALTY, LLC. CELL: 503-200-7786

$745,000
9 Beds ⋅ 8 Baths ⋅ 844761 MLS
NEW ROOF 2026! Great investment opportunity with this centrally located townhouse-style triplex at 905, 911 & 915 Charter Pl NE in Salem. Built in 2001, each unit offers 3 bedrooms, 2.5 bathrooms, approximately 1,248 sq ft, and an attached single-car garage. All three units are currently occupied, generating $5,275/month in gross rent, with tenants paying utilities and professional management already in place. Current rents also offer potential future upside, making this a great opportunity for a long-term investor. Conveniently located near shopping, amenities, and freeway access.

905 Charter 915 Pl Ne, Salem

Listing Courtesy of EXP REALTY, LLC. 503-508-0181

$745,000
234388221 MLS
NEW ROOF 2026! Great investment opportunity with this centrally located townhouse-style triplex at 905, 911 & 915 Charter Pl NE in Salem. Built in 2001, each unit offers 3 bedrooms, 2.5 bathrooms, approximately 1,248 sq ft, and an attached single-car garage. All three units are currently occupied, generating $5,275/month in gross rent, with tenants paying utilities and professional management already in place. Current rents also offer potential future upside, making this a great opportunity for a long-term investor. Conveniently located near shopping, amenities, and freeway access.

905 CHARTER PL, Salem

Listing Courtesy of eXp Realty, LLC.

$435,000
4 Beds ⋅ 2 Baths ⋅ 844714 MLS
Accepted Offer with Contingencies. Charm meets convenience with this well-kept duplex located within walking distance of Willamette University! Each unit features beautiful hardwood flooring, spacious fully-fenced backyards with patios, in unit washer/dryer hookups with sinks, and single car garages. Classic brick exterior with many updates including vinyl windows, ductless mini-split heating/cooling, a newer roof and updated plumbing within the past 10 years, and newer garage doors. Located near shopping, schools, I5 access, and more!

1760 1780 Hines St Se, Salem

Listing Courtesy of NED BAKER REAL ESTATE. Agent: 503-881-5286

$495,950
138316591 MLS
Investment Opportunity! 3 bedroom home on Mill Creek with over 2000sf 3br/1.5ba. 2 fireplaces. Walk out basement to a patio with firepit creekside. Live in the home and rent the two twin 528sf cottages or rent all three homes for a great return on investment. The Cottages are identical with each having a 1 bedroom, living, kitchen and bath layout. Roofs were all checked out in 2024 and good to go. All units have mini split heat pumps for heat and cool.

589 KNAPP PL, Salem

Listing Courtesy of HomeSmart Realty Group.

$399,900
5 Beds ⋅ 3 Baths ⋅ 844468 MLS
Accepted Offer with Contingencies. Check out this updated duplex in the Grant neighborhood of Salem PRICED TO SELL! Lower level is a 1 bed / 1 bath apartment, main and top floors comprise a 4 bed / 2 bath unit. New heat pump w/ ductless minisplit, updated windows, and W/D hookups in both units. Great for multigenerational living, or investment purposes. 10%+ CAP pro forma makes this the perfect buy-and-hold, with rent upside. Easy access to downtown, Lancaster & I5.

1760 Mccoy Ave Ne, Salem

Listing Courtesy of JOHN L. SCOTT-SALEM. 541-514-1779

$495,000
642024790 MLS
Charming duplex ready for an Owner Occupant! Each unit features 3 beds, 1 bath & 1,065 Sq. Ft. Property includes a newer roof, exterior paint, and fencing. Located on a quiet cul-de-sac both units offer private patios, washer/dryerhookups, and a single-car garage for added convenience. #4561 is a long term, stable tenant w/ great rental history. #4571 is Vacant & Move in ready! This unit was recently updated with new LVP flooring & carpet, interior doors, trim and paint, plumbing and electrical fixtures.Seller is a Licensed Real Estate Broker in the State of Oregon.

4561 CHIPPEWA CT, Salem

Listing Courtesy of SMI Commercial Real Estate LLC.

$495,000
6 Beds ⋅ 2 Baths ⋅ 844304 MLS
Charming duplex ready for an Owner Occupant! Each unit features 3 beds, 1 bath & 1,065 Sq. Ft. Property includes a newer roof, exterior paint, and fencing. Located on a quiet cul-de-sac both units offer private patios, washer/dryer hookups, and a single-car garage for added convenience. #4561 is a long term, stable tenant w/ great rental history. #4571 is Vacant & Move in ready! This unit was recently updated with new LVP flooring & carpet, interior doors, trim & paint, plumbing & electrical fixtures.

4561 Chippewa Ct Se, Salem

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

$789,900
6 Beds ⋅ 6 Baths ⋅ 844274 MLS
Turnkey 6-unit multifamily in Salem's Northeast Neighbors district — 100% occupied, fully documented financials. Several units recently refreshed (new flooring, appliances, paint); in-place rents below market with upside as leases turn. 2025 saw heavy one-time capital investment; 2026 shows strong recovery already underway. Directly across from Parrish Middle School and North Salem High School, within a mile of the Oregon State Capitol, Willamette University, Salem Hospital, and Oregon State Hospital — majo

1207 D St Ne, Salem

Listing Courtesy of EPIQUE REALTY. Cell: 503-476-1020

$525,000
6 Beds ⋅ 3 Baths ⋅ 844246 MLS
Hard-to-find triplex offering a versatile unit mix and strong investment appeal. Property features a 1bed/1bath, 2/bed/1bath, and 3bed/1bath unit. The two larger units have been thoughtfully updated with new windows and flooring. All units include in-unit washer/dryer hookups. Conveniently located near city services, shopping, and transportation, this property offers solid rental potential with room to grow. A great opportunity for investors or owner-occupants like.

125 46th Ave Se, Salem

Listing Courtesy of KELLER WILLIAMS CAPITAL CITY. 971-208-5093

$789,900
605231333 MLS
Turnkey 6-unit multifamily in Salem's Northeast Neighbors district — 100% occupied, fully documented financials. Several units recently refreshed (new flooring, appliances, paint); in-place rents below market with upside as leases turn. 2025 saw heavy one-time capital investment; 2026 shows strong recovery already underway. New owner benefits from current owner's investments! Directly across from Parrish Middle School and North Salem High School, within a mile of the Oregon State Capitol, Willamette University, Salem Hospital, and Oregon State Hospital — major, stable employment anchors.

1207 D ST, Salem

Listing Courtesy of Epique Realty.

$495,950
5 Beds ⋅ 4 Baths ⋅ 844159 MLS
Investment Opportunity! 3 bedroom home on Mill Creek with over 2000sf 3br/1.5ba. 2 fireplaces. Walk out basement to a patio with firepit creekside. Live in the home and rent the two twin 528sf cottages or rent all three homes for a great return on investment. The Cottages are identical with each having a 1 bedroom, living, kitchen and bath layout. Roofs were all checked out in 2024 and good to go. All units have mini split heat pumps for heat and cool. Don't miss this opportunity as it will go fast.

589 Knapp Pl Ne, Salem

Listing Courtesy of HOMESMART REALTY GROUP - KEIZER. Agent: 503-510-6827

$345,000
2 Beds ⋅ 2 Baths ⋅ 843931 MLS
Schedule your viewing now! Charming West Salem cottage-style duplex featuring two 1 bed/1 bath units. Current rents-$3200/mo.Both units extensively updated w/remodeled kitchens & baths, new flooring, plumbing & electrical(unit 735), appliances & more. Exterior improvements include paint, new main water line, underground gutter drains & more. On-site laundry, storage unit for ea unit, ample parking & convenient access bus line, shopping & Edgewater District. See associated docs for complete update list!

733-735 Piedmont Ave Nw, Salem

Listing Courtesy of REAL BROKER. Agent: 503-949-3087

$580,000
787729274 MLS
Tons of value in this Salem 4 plex! Two separate buildings - the front building is a nicely converted, classic bungalow, with three units. The back building is a stand-alone 2 bed/1 bath house. Main building features a 2 bedroom/1 bath unit, an upstairs studio, and a 1 bedroom unit at the rear of the home. Stand alone house boasts 2 bedrooms, 1 bath, and enjoys a quiet, private setting. Fully rented! Lots of interior updates in 2021, newer Hardi siding on the front house, tons of parking for tenants and a wonderful central location, close to Willamette University, and all the best of downtown Salem. This is a solid rental with lots of potential!

1385 HINES ST, Salem

Listing Courtesy of John L. Scott Portland South.

$799,900
8 Beds ⋅ 6 Baths ⋅ 843873 MLS
Multiunit investment opportunity! This townhouse-style fourplex is tucked along a tree-lined street in South Salem near Pringle Creek. Spacious, well-maintained units each offer 2 bedrooms, 1.5 bathrooms, washer/dryer hookups, a private deck, and an attached single-car garage. Low-maintenance landscaping, ample parking, a strong rental history, and low vacancy make this an outstanding investment. New roof in 2020. Two units are below market rent, offering excellent upside potential.

1725-1731 Salishan St Se, Salem

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

$315,000
2 Beds ⋅ 2 Baths ⋅ 843830 MLS
Accepted Offer with Contingencies. Seller willing to pay some BUYER CLOSING COST! Come check out this GREAT little DUPLEX cottage 1901, with lots of character, Move in ready, hard wood floors, some LVP, updated plumbing, furnace, has instant hot water heater, AC heatpump. Nice yard. Unit 1 has 1 bedroom/ 1 bath, living room with wood stove, lots of character in ceiling and lots of storage. updated bathroom. The second unit is accessed thru the side door, kitchen, 1 bedroom, 1 bath, floor to ceiling windows, basement access thru the unit 2.

1932 Chemeketa St Ne, Salem

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

$649,999
5 Beds ⋅ 5 Baths ⋅ 843762 MLS
Accepted Offer with Contingencies. Discover a remarkable investment opportunity or ideal multi-generational living arrangement in a highly sought-after neighborhood. This beautifully updated duplex features two well-designed homes, offering a total of five bedrooms and four-and-a-half bathrooms. The spacious, open-concept three-bedroom, two-and-a-half-bath residence boasts a two-story floor plan with abundant natural light and modern finishes. The adjoining single-level two-bedroom, two-bath unit ensures comfortable, accessible living. Both units have been tastefully renovated and include attached garages, private living spaces, and separate entrances. Nestled on a generous corner lot within a charming neighborhood and with no Homeowners Association, this unique property provides exceptional flexibility for owner-occupants, investors, or families needing extra room. Enjoy updated interiors, great rental potential, and a prime location close to parks, shopping, dining, schools, and the vibrant downtown Salem area. This turnkey duplex is a rare offering in one of West Salem’s most desirable communities.

1475 Orchardview Dr Nw, Salem

Listing Courtesy of CASCADE HASSON SOTHEBY'S INTERNATIONAL REALTY. 503-701-1304

$839,000
504028793 MLS
Featured on the 2026 HBA Tour of Homes, this Westbound Development duplex sets a new standard for elevated, intentional living in West Salem. A modern craftsman design situated on a generous city lot, giving each of the two 1,313-square-foot residences a striking, timeless presence from the curb. Step inside and the craftsmanship speaks for itself. Expansive Andersen casement windows wash every room in natural light. Oak-inspired luxury vinyl plank flooring flows underfoot, paired with refined LVT tile in the bathrooms — a quiet, neutral canvas ready for your own furnishings and art. The kitchen anchors each home with Amcraft slim-shaker custom cabinetry and high-end stainless appliances, built as much for entertaining as everyday life. Owner side thoughtfully and tastefully upgraded. The primary suite is a private retreat: an oversized bedroom, ensuite bath, and generous walk-in closet. Secondary bedrooms carry the same sense of scale, easily adapting to a home office, studio, or guest space. Thoughtful ground-floor storage throughout means nothing about this home feels compromised for its footprint.Outside, a single-car garage with tandem driveway parking keeps the streetscape clean, while EV charging is already in place for the road ahead. Whether as a multigenerational residence, a house-hacking opportunity, or two long-term rentals under one exceptional roof, this home offers a rare combination of modern design, durability, and versatility in the heart of West Salem.

1883 Starlight (-1885) NW DR, Salem

Listing Courtesy of Works Real Estate.

$839,000
6 Beds ⋅ 6 Baths ⋅ 843655 MLS
Accepted Offer with Contingencies. Featured on the 2026 HBA Tour of Homes, this Westbound Development duplex sets a new standard for elevated, intentional living in West Salem. A modern craftsman design situated on a generous city lot, giving each of the two 1,313-square-foot residences a striking, timeless presence from the curb. Step inside and the craftsmanship speaks for itself. Expansive Andersen casement windows wash every room in natural light. Oak-inspired luxury vinyl plank flooring flows underfoot, paired with refined LVT tile in the bathrooms — a quiet, neutral canvas ready for your own furnishings and art. The kitchen anchors each home with Amcraft slim-shaker custom cabinetry and high-end stainless appliances, built as much for entertaining as everyday life. Owner's residence thoughtfully and tastefully upgraded. The primary suite is a private retreat: an oversized bedroom, ensuite bath, and generous walk-in closet. Secondary bedrooms carry the same sense of scale, easily adapting to a home office, studio, or guest space. Thoughtful ground-floor storage throughout means nothing about this home feels compromised for its footprint. Outside, a single-car garage with tandem driveway parking keeps the streetscape clean, while EV charging is already in place for the road ahead. Whether as a multigenerational residence, a house-hacking opportunity, or two long-term rentals under one exceptional roof, this home offers a rare combination of modern design, durability, and versatility in the heart of West Salem.

1883 Starlight 1885 Dr Nw, Salem

Listing Courtesy of WORKS REAL ESTATE. Cell: 503-798-5438

$599,900
6 Beds ⋅ 6 Baths ⋅ 843582 MLS
Accepted Offer with Contingencies. Strong income producing duplex located right near downtown Salem & Willamette University. Built in 2017, this duplex has had a very strong rental history. Each unit feat 3 Bed/2.5 bath, custom cabinets, & W/D included in each unit. Private back patio w/ fenced in area & also includes detached garage for each unit. Solid surface flooring on the main level w/ open concept living area. Owner willing to carry with sufficient down payment. No flood insurance required as well!

1544 Tripp 1546 St Se, Salem

Listing Courtesy of TRADITION REAL ESTATE PARTNERS. Direc: 503-999-6578

$1,399,900
629087329 MLS
New Construction 4-Plex in established West Salem neighborhood! Built by Celtic Homes (CCB #200095), these are not your average rental units. Each unit feat. 2 Bed/2 Ba, open concept kitchen/living area, quartz counters, custom cabinets, LVP flooring, covered patio w/ synthetic grass, modern craftsman finishes, and black hardware. Units are currently up for rent at $2200/month. Each unit contains on site laundry as well. This is a low maintenance property with quality finishes that are unmatched.

1390 OVERLOOK (-1396) NW AVE, Salem

Listing Courtesy of Tradition Real Estate Partners LLC.

$1,399,900
8 Beds ⋅ 8 Baths ⋅ 843498 MLS ⋅ Overlook Townhomes BLDG.
New Construction 4-Plex in established West Salem neighborhood! Built by Celtic Homes (CCB #200095), these are not your average rental units. Each unit feat. 2 Bed/2 Ba, open concept kitchen/living area, quartz counters, custom cabinets, LVP flooring, covered patio w/ synthetic grass, modern craftsman finishes, and black hardware. Units are currently up for rent at $2200/month. Each unit contains on site laundry as well. This is a low maintenance property with quality finishes that are unmatched.

1390 Overlook 1396 Ave Nw, Salem

Listing Courtesy of TRADITION REAL ESTATE PARTNERS. Direc: 503-999-6578

$799,000
8 Beds ⋅ 5 Baths ⋅ 843378 MLS
A rare opportunity to acquire a premier, high-yield asset in one of West Salem's most sought after neighborhoods. This duplex features Class A finishes and a sophisticated design, catering to high quality tenants seeking a premium living experience. With its modern aesthetic and superior construction, this property stands out as a flagship addition to any real estate portfolio! 4 bedrooms, 2.5 baths each side with garage attached. Desirable low maintenance quartz counters, inside washer/dryer areas. Seller will pay a 1/0 rate buydown with acceptable offer at no cost to the buyer when buyer is using sellers preferred lender. Reach out to the listing Realtor for more details.

1027-1029 Arthur Way Nw, Salem

Listing Courtesy of COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.. Agent: 503-551-5320

$529,000
4 Beds ⋅ 2 Baths ⋅ 843376 MLS
Great turnkey property in desirable West Salem location! Both units are 2 bedrooms, 1 bath w/ laundry room. New carpet & floor coverings, stainless appliances, new roof in 2017. Appliances, washer/dryers included. Excellent rental history and great tenants currently! Seller will pay a 1/0 rate buydown with acceptable offer at no cost to the buyer when buyer is using sellers preferred lender. Reach out to the listing Realtor for more details.

1941 Turnage St Nw, Salem

Listing Courtesy of COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.. Agent: 503-551-5320

$689,000
6 Beds ⋅ 4 Baths ⋅ 843377 MLS
This well maintained duplex offers a rare combination of immediate cash flow & long-term stability in the highly desirable West Salem hills. Situated in a quiet residential pocket, these units are in excellent condition, providing a low-maintenance addition to any investment portfolio or a perfect opportunity for an owner-occupied. Both units have been well-maintained, featuring quartz countertops & LVP flooring + recent int. paint. Spacious floor plans for privacy & functionality. All appliances included! Seller will pay a 1/0 rate buydown with acceptable offer at no cost to the buyer when buyer is using sellers preferred lender. Reach out to the listing Realtor for more details.

1014-1016 Arthur Way Nw, Salem

Listing Courtesy of COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.. Agent: 503-551-5320

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.

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