coldwellbanker@valleybrokers.comEmail

SIGN UP / LOGIN

Search PropertiesTop Navigation Control
BuyingTop Navigation Control
SellingTop Navigation Control
- Value Of A Seller's Agent
- Seller Advisory
AgentsTop Navigation Control
- Our Offices
- Careers
Property Management
ContactTop Navigation Control
- About Us
- Careers

Oregon>
Salem>
Multi-family Properties

Multi-Family Properties in Salem, OR

Multi-family homes and income properties for sale in Salem offer excellent opportunities for investors seeking steady rental income in Oregon’s capital city. With its diverse economy, major employers, and proximity to universities and state offices, Salem attracts a wide range of renters, from students and professionals to families. Investment options include duplexes, triplexes, and larger apartment complexes located throughout the city’s established neighborhoods and near key amenities such as schools, shopping, and public transportation. The area’s consistent rental demand, relatively affordable prices compared to larger metropolitan markets, and potential for long-term appreciation make this city a strong choice for investors looking to expand or begin their real estate portfolio in a growing and well-balanced community.

Coldwell Banker Valley Brokers has many options when it comes to multi-family homes in Salem, OR. Contact us to find your next income property today. We would love to help!

Your Search Has Been Saved

Home Search

areas (1)
Your Selected Areas ✓ City: salem
listing type
Listing Status
✓ Active ✓ Coming Soon ✓ Contingent ✓ Pending
Property Type
✓ Residential
✓ Single Family ✓ Townhome ✓ Condo ✓ Mobile ✓ Manufactured ✓ Farm

✓ Land
✓ Residential ✓ Farm / Acreage ✓ Multiple (Multi-use) ✓ Industrial

✓ Multi Family

✓ Commercial
✓ Business ✓ Warehouse ✓ Industrial ✓ Manufacturing ✓ Office ✓ Investment ✓ Places of Worship ✓ Recreational ✓ Retail ✓ Medical/Professional ✓ Mixed Use/Flex
price
to
beds
baths
filters
Save a Search

Areas (1)

Your Selected Areas ✓ City: salem

Listing Type

Listing Type

✓

For Sale ✓ Dot icon

Coming Soon ✓ Dot icon

Contingent ✓ Dot icon

Pending

Property Type

✓ Residential

✓ Single Family ✓ Townhome ✓ Condo ✓ Mobile ✓ Manufactured ✓ Farm

✓ Land

✓ Residential ✓ Farm / Acreage ✓ Multiple (Multi-use) ✓ Industrial

✓ Multi Family

✓ Commercial

✓ Business ✓ Warehouse ✓ Industrial ✓ Manufacturing ✓ Office ✓ Investment ✓ Places of Worship ✓ Recreational ✓ Retail ✓ Medical/Professional ✓ Mixed Use/Flex ✓ Mixed Use/Flex

Price

to

Beds

Any

Baths

Any

Square Feet

to

Acres

to

Year Built

to

Taxes

to

Garages

Any

Stories

Any

Home Options

✓ Basement ✓ Finished Basement ✓ Home Office ✓ First Floor Primary Bedroom ✓ First Floor Laundry Fire Places:

Any

✓ Fenced Yard ✓ Lake ✓ Lake Access ✓ Lake Front ✓ Lake View ✓ Golf Course New Construction:

Any

Pool:

Any

✓ View ✓ Walkout Basement ✓ Water Front ✓ Water View ✓ Hot tub ✓ Handicap Accessible Pets Allowed

No / Unknown

Home Type

Any

Open Houses

✓ Only listings with upcoming Open Houses ✓ Only Virtual Open Houses

Display Options

✓ Only listings that have been reduced in price in the past days ✓ Only listings that have recently come back on the market
This will limit the results to only show active listings. ✓ Listings with virtual tours or videos ✓ Listings with 3-D virtual tours ✓ Only listings with images ✓ Only listings listed in the past days ✓ Only Coldwell Banker Valley Brokers listings
Sold listings are included when representing the seller or buyer. ✓ Only listings shown by Coldwell Banker Valley Brokers agents

Foreclosure / Shortsale

Foreclosure:

Any

Shortsale:

Any

change results view
sort by

Showing 1 to 12 of 53 properties

First Previous 1 2 Next Last

4541-4551 Chippewa Ct SE, Salem, OR 97317

1 of 20

Previous Photo Next Photo

4541-4551 Chippewa Ct SE, Salem, OR 97317 $485,000 Multi-family

Property Listed by: SMI REAL ESTATE 503-390-6060

3BEDS 1BATHS 2,130sqft

1480-1486 Salishan St SE, Salem, OR 97302

1 of 19

Previous Photo Next Photo

1480-1486 Salishan St SE, Salem, OR 97302 $749,900 Multi-family

Property Listed by: SMI REAL ESTATE 503-390-6060

8BEDS 6BATHS 4,096sqft

4561-4571 Chippewa Ct SE, Salem, OR 97317

1 of 15

Previous Photo Next Photo

4561-4571 Chippewa Ct SE, Salem, OR 97317 $475,000 Multi-family

Property Listed by: SMI REAL ESTATE 503-390-6060

6BEDS 2BATHS 2,130sqft

2415 Northgate Av NE, Salem, OR 97301

2415 Northgate Av NE, Salem, OR 97301 $400,000 Multi-family

Property Listed by: KELLER WILLIAMS CAPITAL CITY 503-798-4001

4BEDS 2BATHS 1,840sqft

505 & 511 Woodland Dr NW, Salem, OR 97304

1 of 50

Previous Photo Next Photo

505 & 511 Woodland Dr NW, Salem, OR 97304 $569,900 Multi-family

Property Listed by: SMI REAL ESTATE 503-390-6060

4BEDS 3BATHS 2,367sqft

2560 Cherry Av, Salem, OR 97301

2560 Cherry Av, Salem, OR 97301 $724,500 Multi-family

Property Listed by: WILLIAM JOHNSON 760-814-0378

7BEDS 3BATHS 2,032sqft

2585 & 2595 Lee St SE, Salem, OR 97301

1 of 13

Previous Photo Next Photo

2585 & 2595 Lee St SE, Salem, OR 97301 $1,099,000 Multi-family

Property Listed by: FCRE HOME 503-364-7400

8BEDS 8BATHS 4,080sqft

4133 & 4143 Campbell Dr SE, Salem, OR 97317

1 of 17

Previous Photo Next Photo

4133 & 4143 Campbell Dr SE, Salem, OR 97317 $899,000 Multi-family

Property Listed by: FCRE HOME 503-364-7400

10BEDS 4BATHS 3,744sqft

2451 - 2473 Trade St SE, Salem, OR 97301

1 of 15

Previous Photo Next Photo

2451 - 2473 Trade St SE, Salem, OR 97301 $1,700,000 Multi-family

Property Listed by: SMI REAL ESTATE 503-390-6060

4,444sqft

1355 4th St NE, Salem, OR 97301

1 of 6

Previous Photo Next Photo

1355 4th St NE, Salem, OR 97301 $799,900 Multi-family

Property Listed by: FCRE HOME 503-364-7400

12BEDS 6BATHS 4,692sqft

4324 47th (and 4710 Linfield) Av NE, Salem, OR 97305

1 of 28

Previous Photo Next Photo

4324 47th (and 4710 Linfield) Av NE, Salem, OR 97305 $439,900 Multi-family

Property Listed by: WILLNER PROPERTIES LLC

4BEDS 2BATHS 1,796sqft

4332 Ward (-4346) Pl NE, Salem, OR 97305

1 of 3

Previous Photo Next Photo

4332 Ward (-4346) Pl NE, Salem, OR 97305 $1,249,900 Multi-family

Property Listed by: OREGON REALTY NW 541-936-2351

20BEDS 12BATHS 9,076sqft

Loading graphic

Loading more properties...

Properties Per Page

Showing 1 to 12 of 53 properties

First Previous 1 2 Next Last

Would you like to search this location separately, or add it to your previously selected locations?

Sorry you can not draw a line, you must draw a shape with an area.

Get Instant Alerts on New Listings

Be the first to know when properties that match your search hit the market.

You are saving a search that returned 53 results.

Laptop

Sign Up for Instant Updates Now

First name

Last name

Email *

Saved search name

Frequency

By checking this box, I agree to receive automated calls and text messages from Coldwell Banker Valley Brokers. Message frequency varies. See our Terms & Privacy Policy for details.

I agree to the terms and conditions.

Not ready?
No thanks, continue to results>

Already have an account?
Sign in here.

Login to Your Account

Email *

Password *

Saved search name

Frequency

Forgot Password

x

Sign up to Save this Listing

Create an account to save this listing, save searches, get new listing alerts, and more!

First Name *
Last Name *
Phone
Email Address *
Password *

Already have an account? Sign in Here.

Forgot your password?

1109 NW 9th Street, Corvallis, OR 97330 Albany 541.928.6317 Corvallis 541.757.0222 coldwellbanker@valleybrokers.com

Search Properties
Buying
Selling
Agents
Property Management
Contact

Agents Only Login
Disclaimer
Terms of Use
ADA Accessibility
Sitemap

Real estate agents ready to serve you | Browse homes and real estate for sale

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/04/2026. The listing information on this page last changed on 03/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 03/04/2026 3:21:13 AM EST) or Willamette Valley MLS (last updated Tue 03/03/2026 11:51:00 PM EST). Real estate listings held by brokerage firms other than Coldwell Banker Valley Brokers may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.

Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.

Privacy Policy / DMCA Notice / ADA Accessibility

This site is hosted, designed and copyright © 1994 - 2026 by Delta Media Group, Inc. -- Patent Pending --

Agents Only Login Sitemap

Login to My Homefinder

Forgot Password

We have detected that you have cookies disabled.

We respect your concerns about privacy and value the relationship that we have with you.
Like many sites, we use cookies on our website to collect information to help improve your browsing experience. The cookies that we use allow our website to work and help us to understand what information is most useful to visitors.

For the best website browsing experience, please enable cookies. Go here for instructions on how to enable cookies on your browser.