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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Salem, OR

$ 585,000
ROI
22.5
Cash Flow/m
396- 4 Bed
- 5 Bath
- 2723 sft
2572 Arroyo Ridge Ct NW #2574, Salem, OR, 97304

$ 599,900
ROI
21.9
Cash Flow/m
307- 6 Bed
- 4 Bath
- 2268 sft
1825-1835 Turnage St NW, Salem, OR, 97304

$ 324,000
ROI
20.0
Cash Flow/m
24- 2 Bed
- 2 Bath
- 960 sft
2335 Walnut Ave NE, Salem, OR, 97301

Currently Rented
Rental Income
$ 494,000
ROI
25.6
Cash Flow/m
798- 4 Bed
- 2 Bath
- 2016 sft
1575 & 1579 Fircrest Ct SE, Salem, OR, 97306
Why Invest in Salem, Oregon?
Salem, Oregon's **multi-family** properties offer stable income potential driven by government employment and low vacancy rates. The city's role as state capital ensures consistent demand from public sector workers. Industrial vacancy hovers around 2%, supporting rental growth of 4-6%. Investors benefit from cap rates near 6% and appreciation around 5% annually. Affordable entry compared to Portland positions multi-family as a defensive play.
8.5%
Avg. ROI
6.2%
Rental Yield
6%
Cap Rate
$1250/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
Salem's government-anchored economy delivers low vacancy and stable rents. Multi-family benefits from 4-6% appreciation and cap rates around 6%. Affordability draws relocators from pricier Portland.
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