The median home value in Salem, OR is $425,000.
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 $425,000.
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.
FOR SALE: TWO FREESTANDING BUILDINGS ON 0.14 ACRE LOT! 1,250 SF freestanding office/retail building AND cute 400 SF freestanding building currently used as beauty salon! Located on high traffic 12th St in SE Salem. Tons of signage! Lots of Parking! Close to Downtown Salem, Airport, Salem Hospital, I-5, Mission St & more! Zoning is CG - Buyer to perform due diligence on zoning for their intended use. *Owner willing to carry the contract - seller financing for approved buyer! Property being sold AS-IS. 1510 12th St: Freestanding 1,250 SF features a very large open room upon entrance w/ 1 private office, an office w/ a sink & two restrooms. Light & bright w/ large windows & 2 entrances. Lots of storage & built-ins. Currently listed For Lease. Vacant. See MLS# 809385. 1512 12th St: Freestanding 400 SF beauty salon features 2 hair stations, 1 shampoo bowl, plumbing in wall to add a 2nd shampoo bowl or sink. Cute little reception area, 1 private restroom & a small storage room w/ additional sink. Vaulted ceilings & fresh paint! Signage & tons of parking! PLEASE NOTE: BUILDING NOT AVAILABLE UNTIL JULY 1ST. PLEASE DO NOT DISTURB TENANTS. Showings can be arranged with Listing Broker by Appointment only.
Prime S Salem Location at the corner of Commercial & Washington: 2-story home-to-office conversion w/ studio basement apartment w/ own access. Updates include interior/exterior paint, landscaping, flooring, lighting, plumbing, & electrical. New 7-space parking lot w/ ADA entrance. The main level features a reception area, conference rm, new ADA restroom & potential for additional offices/workstations. The 2nd level boasts 3 more offices, restroom & ample storage space. Perfect for owner-user or multi-users! Square Footage Breakdown:First Floor: 1103 SFSecond Floor: 688 SFLower Level (Studio Apartment): 963 SF
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.
Attention investors!!!! Zoned MUIII, this prime location could be used as a commercial space or turned back into a residential property. Large flat lot with loads of potential in the back yard. Used as a dance studio for the last 35 years it could continue on that path or possibly yoga, childcare or even an office space. The possibilities are endless.
10 top quality pool tables, 12 TVs, on going pool leagues.New Interior and exterior paint. New Floor coverings. New covered smoking patio.Six Video poker machines. Building is concrete block construction.Property AND/OR the business is for sale.
Long time retail space in high traffic location across from South Salem Fred Meyer, 1200 SF available for new retail or restaurant. Join Great Harvest, T-Mobile, Great Clips, Ibendoo Ramen, and Simply Pho.
This Class A Liberty Corridor office is by far the nicest office building available on the market and for the first time is being offered for sale. This single story brick building has outstanding visibility, tremendous curb appeal and great parking. Leased to the State of Oregon through June, 2025 with no options to renew.
Owner occupant of investment opportunity. 18,535 SF building on the Liberty/Commercial Corridor. Building can have single or multiple tenants. See marketing brochure for additional information.
Medical/office building located in South Salem. Excellent visibility and signage. The property has solar panels on the roof and an electric car charging port.
Commercial lot available in the sustainable Pringle Creek Community. Located in an Opportunity Zone allowing for the possibility of certain tax benefits. Zoned FMU which allows a variety of permitted uses, including mixed-use, office, health & education, group living, retail, recreation, entertainment. Multi-family residential is also allowed which includes townhomes, apartments, cottage clusters, duplexes, etc.
Commercial lot available in sustainable Pringle Creek Community. Located in an Opportunity Zone allowing for the possibility of certain tax benefits. Zoned FMU which allows for a variety of permitted uses, including mixed-use, office, health & education, group living, retail +. Multi-family residential is also allowed-townhomes, apts, cottages +. Potential for 16-18 residences and a 2000 SF retail or office space. Property can connect to the community geothermal loop system. Great potential energy savings!
Great opportunity for an owner occupant or investor. Property is located in South Salem. Contact broker for more information.