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$535,000
5 Beds ⋅ 3 Baths ⋅ 832855 MLS
Investment-ready triplex located in a prime Salem corridor with strong rental demand. The property has been well maintained, including a new roof and gutters, helping reduce near-term capital expenses. Two units are currently vacant, offering immediate upside for a buyer to place tenants at market rents and increase income. A dependable income-producing asset ideal for investors or owner-occupants. Situated directly across from 2870 Lancaster Dr NE, also available for purchase, refer to MLS#832854

2910 Lancaster Dr Ne, Salem

Listing Courtesy of SMI REAL ESTATE. 541-979-9831

$1,700,000
837876 MLS ⋅ 2451-2473 Trade St Se BLDG.
Complete rehab accomplished on this 11-unit complex in 2022. The property is comprised of 9 cottage style units as well as a dual level duplex with attached laundry room. Tot he stud remodel. Renovations include new roof, windows, siding, electrical, plumbing, disposals, water heaters, counter tops, cabinets and flooring.

2473 Trade St Se, Salem

Listing Courtesy of SMI REAL ESTATE. 503-551-8901

$1,200,000
8 Beds ⋅ 7 Baths ⋅ 838864 MLS ⋅ Market St BLDG.
The original cottage cluster consists of six 1 bed, 1 bath units and one 2 bed 1 bath with basement unit. Some units have attached garages. 3 storage garages plus room to park on the blacktop off the ally access. Well maintained units and grounds. Several updates like LVP flooring and some bathroom remodels. All appliances have been updated. This should be an easy keeper!

1735 Market St Ne, Salem

Listing Courtesy of REALTY FIRST LLC. Cell: 503-932-4051

$549,000
5 Beds ⋅ 3 Baths ⋅ 830094 MLS
*** 50K PRICE REDUCTION *** Investment Opportunity - Tri-plex close to downtown and Willamette University. Each unit has updated electrical panel boxes, separate mini split heater/ac units. Has separate 3 car garage/shop. Could possibly be a good owner occupied investment with FHA or VA financing. Owner also willing to negotiate on carrying a contract for buyer. Seller willing to work with buyer on some repair issues.

308 19th St Se, Salem

Listing Courtesy of PIKES NORTHWEST, INC. Cell: 503-871-2934

$354,750
2 Beds ⋅ 2 Baths ⋅ 836553 MLS
Located at 3027 D St NE, this attractive income property features two separate 1 bedroom/1 bathroom units, each offering comfortable layouts, funcional updates, and strong long-term appeal. Both units have interior updates while being well cared for over time. Shared amenities include a one-car carport, storage shed, and shared laundry area. Exterior improvements include thermal pane vinyl windows (with some aluminum-framed windows) a covered front porch, partially fenced yard, wood siding.

3027 Ne D St, Salem

Listing Courtesy of CENTURION REAL ESTATE SERVICES. Cell: 541-760-6505

$589,000
7 Beds ⋅ 6 Baths ⋅ 836100 MLS
Accepted Offer with Contingencies. 6th unit -2/1 w/ washer/dryer hook-up is currently unrentable. Materials on hand to complete reno. Investment opportunity w/room for rent upside w/ additional TLC. Cash/Hard money only. Great central location close to schools, shopping, State Offices, and downtown Salem. Long-term tenants. Please do not disturb residents.

925 14th St Ne, Salem

Listing Courtesy of SMI REAL ESTATE. Cell: 503-930-7362

$690,000
6 Beds ⋅ 6 Baths ⋅ 834341 MLS
This well-located West Salem 6-plex presents a compelling value-add investmentopportunity with immediate income upside. The building has solid bones and is positioned for both cosmetic upgrades and long-term repositioning.With strong rental demand in this established neighborhood, investorscan capture significant upside through renovations, rent adjustments, or a longtermhold with steady appreciation. This 6-plex provides a combination of in-placeincome with clear pathways to enhanced returns.

1520-1530 7th St Nw, Salem

Listing Courtesy of FIRST COMMERCIAL REAL ESTATE. Cell: 503-559-2694

$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.

$425,000
700930404 MLS
Investor Alert!! Duplex on a quarter acre corner lot, with an assumable loan option at 3.25%. Located in the Four Corner's neighborhood, this duplex features two 1-bedroom, 1-bath units, each with their own laundry. Potential to reconfigure each unit to accommodate a 2nd bedroom; Buyer to do due diligence with the City on any design change. Both homes have their own designated address, private yards with storage, and a fireplace or fireplace stove. Updates throughout both homes include new quartz counter tops, tile back splash, stainless steel appliances, tiled bathroom, new interior paint and more. The property includes a detached oversized garage plus spacious driveways for both homes, providing ample parking! Conveniently located near HWY 22, and I-5. This location offers easy access to amenities, schools, and shopping, while situated on a private road with seasonal views.

836 ELDIN AVE, Salem

Listing Courtesy of John L. Scott Portland Central.

$439,000
266073460 MLS
MOTIVATED SELLER! IMPROVED PRICE! Charming, well maintained Duplex opportunity in South Salem! Each unit includes 2 bedrooms, 1 bathroom, an open floor plan and a spacious one car garage. Both units feature private fenced backyards with covered patios. Many updates including heat pumps, water heaters, painting & roof. A must see!

1270 1272 VISTA SE AVE, Salem

Listing Courtesy of HomeStar Brokers.

$6,000,000
24362321 MLS
2170 Walker Road boasts 18+ AC of level land surrounded on three sides by residential neighborhoods and Chávez Elementary School, constructed in 2012. It is currently part of unincorporated Marion County, but it is within the Salem Urban Growth Boundary and is expected to be annexed by the City of Salem when acquired for development. Off-sites adjacent to site.Preliminary conversations with the city and county indicate medium to high density residential, which may include townhomes or garden style apartment development. Buyer to confirm these findings with jurisdictions during due diligence.The Property currently includes a single family home and a large shed. It is flat with developed roadways on three sides and elementary school to the north.

2170 Walker NE RD, Salem

Listing Courtesy of Keller Williams Realty Portland Premiere.

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