The median home value in Salem, OR is $422,000.
This is
higher than
the county median home value of $370,000.
The national median home value is $308,980.
The average price of homes sold in Salem, OR is $422,000.
Approximately 53% of Salem homes are owned,
compared to 40% rented, while
6% are vacant.
Salem real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Salem real estate agent to arrange a tour today!
Learn more about Salem.
This Salem property is a versatile gem, perfectly suited for work/life purposes. Recent upgrades, including new vinyl siding and roof, two-car driveway, and vinyl flooring throughout. This property is as attractive as it is functional. Upstairs you will find a bonus room, complete with carpeting and heating, adds valuable extra space & storage that isn't even included in the square footage, providing flexibility for various uses. Step outside to a deck, fenced yard and extra parking. Expansive shop on the property invites endless potential for a business or hobbyist. Accessible via a 9 ft bay door and alley access. The loft space within the shop offers generous 16x32 area, adds even more possibilities. Shop is wired for electricity. Whether you're looking for a comfortable work/live lifestyle with plenty of storage and workspace, or seeking a prime location to launch or expand your business, this property offers the best of both worlds in the heart of Salem.
Business Opportunity Only - No Real Estate involved. Established restaurant with over 90 seats. High ceiling in very spacious commercial kitchen. 2 walk-in coolers & 1 walk-in freezer. On busy street with ample on-site parking. Full service bar w/ 6 poker machines. Please DO NOT disturb business nor talk with employees. To be shown by appt only.
Great Upside Potential. Investment or Owner/User. Potential for church or non profit? Unique rural location just off of 99E in the Brooks area. Just over an acre of land with private parking and room to grow. This site ensures plenty of space, lobby area, multiple private offices, storage kitchen/break-room, large multi-use reception or media room or reconfigure as needed. Addition on North end added in 2020. Previously occupied and registered through Marion county as a religious organization. Tax exemption goes through the end of the tax current (July 2024) tax year. Contact Marion County Tax Assessors Office for details and more info. List agent related to seller.
48-acre opportunity in South Salem, neighboring Cinnamon Hill and Sabre Ridge. Recently annexed, RS (single family) zone to West and RM2 (multifamily) to the North. Ownership working to determine highest and best use of property, bring ideas. Street and utility stubs at the west & north end, the site is prime for a planned unit development or subdivision. Two existing dwelling units with multiple outbuildings. Excellent opportunity for investors seeking a well-connected and ready-to-develop property.
Awesome opportunity to own a cash machine. Most appliances replaced within the last year. New electronic menu boards, remodeled, must see! J's is rated one of the highest in the City of Salem for Teriaki. Lots of potential for owner who would like to operate/work the business. Beer and wine is now served. GI increasing each month through Door dash and other delivery services. Potential all over!
Automotive building in the heart of Salem with Prime location. High traffic area placed on the corner of a signaled busy intersection with a parking lot that offers bidirectional traffic acceptance. Building offers tall ceilings with 2 large bay doors, 1 office, 1 reception area, and 1 restroom. Ample storage for records or other belongings above office. Generous parking with space for 25 cars and a 6.25/1000 parking ratio. Enough room for 12 work stall locations. In floor drain catch already installed.
Don't miss this chance to secure a highly visible and well-connected property in NE Salem. Whether you are looking to establish a thriving industrial business, storage facilities, or boat and RV parking services, this property offers a compelling financial opportunity. The property is equipped with 3-phase electrical supply, catering to businesses that require heavy machinery and power-intensive operations. The property is fenced and secured. There are several outbuildings that can facilitate your needs. Rail Line Access: An exceptional advantage of this property is its direct access to a rail line. The presence of rail transportation provides businesses with efficient and cost-effective logistics solutions, enabling seamless distribution and connectivity to major markets.
You won't find another property like this one! This IG zoned property features two beautiful residential houses, a commercial building, shop and storage building. All recently remodeled or constructed with upgraded finishes on a fully fenced and gated lot. This property is perfect for someone who wants to have your business close to home. Possibly eligible for SBA financing. Too many features to list. See associated docs for more info, and link above for virtual tours and floor plans. Duplicate listing, MLS# 23567650
Commercial IG zoned prop for sale with multiple income streams, includes an industrial building, detached office & several residential units. The industrial building is equipped with forced air furnace, 3 phase electrical & piped for air. Office with mini spilt & bath. Fully fenced with rolling gate. Adjacent is .21 acre paved lot with transfer loading dock. Also includes a duplex & house. Current rents $8000+. Great opportunity for an investor or owner occupy. Shown by appointment. Do not disturb tenants. Owner will consider carrying contract. Lease potential as well.
Prime Oregon Redevelopment opportunity-sealed Bid Auction!Sealed Bids due Tuesday August 2, 2022 at 10:00 A.M. PDTThis 390.5± Acre site is one of the largest contiguous available parcels within the City of Salem and its Urban Growth Boundary,, perfect for master-planned redevelopment into single and/or multifamily housing and potentially employment center uses as well as public health & public service zoning. Phase 1 available, 1 hr South of PDX 1 hr North of Eugene, OR