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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

Listed for sale 5 days ago
$ 435,000
ROI
35.7
Cash Flow/m
1932- 4 Bed
- 2 Bath
- 1704 sft
1760-1780 Hines St SE, Salem, OR, 97302

Rental Income
Listed for sale 6 days ago
$ 549,900
ROI
20.9
Cash Flow/m
119- 6 Bed
- 3 Bath
- 2250 sft
1848 Lansing Ave NE, Salem, OR, 97301

Fix & Flip
$ 399,900
ROI
35.8
Cash Flow/m
1789- 5 Bed
- 3 Bath
- 2530 sft
1760 McCoy Ave NE, Salem, OR, 97301

Currently Rented
Fix & Flip
$ 580,000
ROI
26.7
Cash Flow/m
1057- 5 Bed
- 4 Bath
- 2525 sft
1385 Hines St SE, Salem, OR, 97302
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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