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

Rental Income
$ 425,000
ROI
27.1
Cash Flow/m
873- 5 Bed
- 3 Bath
- 1755 sft
130 24th St NE, Salem, OR, 97301

Rental Income
$ 535,000
ROI
29.1
Cash Flow/m
1328- 6 Bed
- 3 Bath
- 2240 sft
4825-4827 Skyline Rd S, Salem, OR, 97302

$ 650,000
ROI
23.6
Cash Flow/m
634- 8 Bed
- 4 Bath
- 3064 sft
1213 Oakhill Ave SE, Salem, OR, 97302

$ 749,900
ROI
20.2
Cash Flow/m
31- 8 Bed
- 8 Bath
- 4096 sft
1480 Salishan 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.
Find Your Perfect Investment Property in Salem, Oregon
Explore investment opportunities by strategy, performance, or property type
