Salem, OR Fourplexes for Sale

Salem, Oregon offers a charming, small-town feel with the benefits of being the state capital, including access to government and educational opportunities. The city features affordable housing and a lower cost of living compared to larger nearby cities like Portland. Salem boasts beautiful parks, including the renowned Oregon Garden and a range of outdoor recreational activities. With a vibrant local arts scene and numerous cultural events, it provides a rich community life. Additionally, its central location in the Willamette Valley offers easy access to both urban amenities and stunning natural landscapes.

Listings: 37
Updated: Aug 1, 2026
Median Price: $547,000
Median Size: 2,336 sqft
Higher-Confidence Cash-Flow Candidates: 11

Cash-flow figures are directional screening signals only. Verify rent, unit mix, taxes, insurance, financing, condition, and listing status independently.

Compare Salem listings with the national cash-flow rankings

Available Listings

Salem Duplex, Triplex, and Fourplex Listings

37 results

2328 State St, Salem, OR, 97301

$325,000

2328 State St, Salem, OR, 97301

Duplex

Beds: 6
Baths: 3
Size: 2,892 sqft

Est. Rent: $4,120/mo
Est. Cash Flow: +$1,298/mo
Modeled Cost: $2,822/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $1,678/mo

1148-1152 Arabian Ave SE, Salem, OR, 97317

$635,000

1148-1152 Arabian Ave SE, Salem, OR, 97317

Triplex

Beds: 8
Baths: 4.5
Size: 3,496 sqft

Est. Rent: $6,290/mo
Est. Cash Flow: +$1,130/mo
Modeled Cost: $5,160/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $3,278/mo

125 46th Ave SE, Salem, OR, 97317

$525,000

125 46th Ave SE, Salem, OR, 97317

Triplex

Beds: 6
Baths: 3
Size: 2,820 sqft

Est. Rent: $5,010/mo
Est. Cash Flow: +$782/mo
Modeled Cost: $4,228/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $2,710/mo

4143 Campbell Dr SE, Salem, OR, 97317

$399,500

4143 Campbell Dr SE, Salem, OR, 97317

Duplex

Beds: 5
Baths: 2
Size: 1,872 sqft

Est. Rent: $3,980/mo
Est. Cash Flow: +$729/mo
Modeled Cost: $3,251/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $2,062/mo

4133 Campbell Dr SE, Salem, OR, 97317

$399,500

4133 Campbell Dr SE, Salem, OR, 97317

Duplex

Beds: 5
Baths: 2
Size: 1,872 sqft

Est. Rent: $3,980/mo
Est. Cash Flow: +$729/mo
Modeled Cost: $3,251/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $2,062/mo

4541-4551 Chippewa Ct SE, Salem, OR, 97317

$485,000

4541-4551 Chippewa Ct SE, Salem, OR, 97317

Duplex

Beds: 6
Baths: 2
Size: 2,130 sqft

Est. Rent: $4,620/mo
Est. Cash Flow: +$717/mo
Modeled Cost: $3,903/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $2,503/mo

2870 Lancaster Dr NE, Salem, OR, 97305

$565,000

2870 Lancaster Dr NE, Salem, OR, 97305

Triplex

Beds: 6
Baths: 3
Size: 2,208 sqft

Est. Rent: $4,920/mo
Est. Cash Flow: +$464/mo
Modeled Cost: $4,456/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $2,916/mo

771 21st St SE, Salem, OR, 97301

$530,000

771 21st St SE, Salem, OR, 97301

Fourplex

Beds: 4
Baths: 4
Size: 2,282 sqft

Est. Rent: $4,600/mo
Est. Cash Flow: +$422/mo
Modeled Cost: $4,178/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $2,736/mo

733-735 Piedmont Ave NW, Salem, OR, 97304

$355,000

733-735 Piedmont Ave NW, Salem, OR, 97304

Duplex

Beds: 2
Baths: 2
Size: 1,152 sqft

Est. Rent: $3,160/mo
Est. Cash Flow: +$367/mo
Modeled Cost: $2,793/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $1,832/mo

1825-1835 Turnage St NW, Salem, OR, 97304

$589,900

1825-1835 Turnage St NW, Salem, OR, 97304

Duplex

Beds: 6
Baths: 4
Size: 2,268 sqft

Est. Rent: $4,940/mo
Est. Cash Flow: +$361/mo
Modeled Cost: $4,579/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $3,045/mo

2910 Lancaster Dr NE, Salem, OR, 97305

$535,000

2910 Lancaster Dr NE, Salem, OR, 97305

Triplex

Beds: 5
Baths: 3
Size: 2,064 sqft

Est. Rent: $4,540/mo
Est. Cash Flow: +$344/mo
Modeled Cost: $4,196/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $2,762/mo

1505 Bonnie Way NW, Salem, OR, 97305

$795,000

1505 Bonnie Way NW, Salem, OR, 97305

2-4 Units

Beds: 8
Baths: 4
Size: 2,548 sqft

Est. Rent: $6,560/mo
Est. Cash Flow: +$362/mo
Modeled Cost: $6,198/mo
Estimate Confidence: Low
Rent Source: Estimated

Est. P&I: $4,104/mo

2151 National Ct SE, Salem, OR, 97306

$825,000

2151 National Ct SE, Salem, OR, 97306

2-4 Units

Beds: 8
Baths: 4
Size: 4,092 sqft

Est. Rent: $6,600/mo
Est. Cash Flow: +$210/mo
Modeled Cost: $6,390/mo
Estimate Confidence: Low
Rent Source: Estimated

Est. P&I: $4,258/mo

1375 Franklin (-1377) St NW, Salem, OR, 97304

$439,000

1375 Franklin (-1377) St NW, Salem, OR, 97304

2-4 Units

Beds: 4
Baths: 2
Size: 1,906 sqft

Est. Rent: $3,600/mo
Est. Cash Flow: +$208/mo
Modeled Cost: $3,392/mo
Estimate Confidence: Low
Rent Source: Estimated

Est. P&I: $2,266/mo

4455 Blueberry (-4445) Ln NE, Salem, OR, 97305

$625,000

4455 Blueberry (-4445) Ln NE, Salem, OR, 97305

2-4 Units

Beds: 6
Baths: 4
Size: 4,192 sqft

Est. Rent: $4,920/mo
Est. Cash Flow: +$96/mo
Modeled Cost: $4,824/mo
Estimate Confidence: Low
Rent Source: Estimated

Est. P&I: $3,226/mo

308 19th St SE, Salem, OR, 97301

$549,000

308 19th St SE, Salem, OR, 97301

Triplex

Beds: 5
Baths: 3
Size: 3,161 sqft

Est. Rent: $4,130/mo
Est. Cash Flow: -$70/mo
Modeled Cost: $4,200/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $2,834/mo

1725-1731 Salishan St SE, Salem, OR, 97303

$814,900

1725-1731 Salishan St SE, Salem, OR, 97303

Fourplex

Beds: 8
Baths: 6
Size: 4,336 sqft

Est. Rent: $6,160/mo
Est. Cash Flow: -$80/mo
Modeled Cost: $6,240/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $4,206/mo

1932 NE Chemeketa St, Salem, OR, 97302

$315,000

1932 NE Chemeketa St, Salem, OR, 97302

Duplex

Beds: 2
Baths: 2
Size: 1,310 sqft

Est. Rent: $2,300/mo
Est. Cash Flow: -$96/mo
Modeled Cost: $2,396/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $1,626/mo

1027-1029 Arthur Way NW, Salem, OR, 97304

$799,000

1027-1029 Arthur Way NW, Salem, OR, 97304

Duplex

Beds: 8
Baths: 5
Size: 3,440 sqft

Est. Rent: $5,800/mo
Est. Cash Flow: -$223/mo
Modeled Cost: $6,023/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $4,124/mo

1014-1016 Arthur Way NW, Salem, OR, 97304

$689,000

1014-1016 Arthur Way NW, Salem, OR, 97304

Duplex

Beds: 6
Baths: 4
Size: 2,400 sqft

Est. Rent: $4,940/mo
Est. Cash Flow: -$241/mo
Modeled Cost: $5,181/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $3,556/mo

1385 Hines St, Salem, OR, 97302

$580,000

1385 Hines St, Salem, OR, 97302

Triplex

Beds: 5
Baths: 4
Size: 2,525 sqft

Est. Rent: $4,150/mo
Est. Cash Flow: -$244/mo
Modeled Cost: $4,394/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $2,994/mo

1270 1272 Vista Ave SE, Salem, OR, 97302

$439,000

1270 1272 Vista Ave SE, Salem, OR, 97302

Duplex

Beds: 4
Baths: 2
Size: 1,840 sqft

Est. Rent: $3,000/mo
Est. Cash Flow: -$298/mo
Modeled Cost: $3,298/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $2,266/mo

1941 Turnage St NW, Salem, OR, 97304

$529,000

1941 Turnage St NW, Salem, OR, 97304

2-4 Units

Beds: 4
Baths: 2
Size: 2,170 sqft

Est. Rent: $3,600/mo
Est. Cash Flow: -$340/mo
Modeled Cost: $3,940/mo
Estimate Confidence: Low
Rent Source: Estimated

Est. P&I: $2,731/mo

3441 Livingston St, Salem, OR, 97301

$450,000

3441 Livingston St, Salem, OR, 97301

Duplex

Beds: 4
Baths: 2
Size: 2,000 sqft

Est. Rent: $2,980/mo
Est. Cash Flow: -$381/mo
Modeled Cost: $3,361/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $2,323/mo

3027 NE D St, Salem, OR, 97301

$364,750

3027 NE D St, Salem, OR, 97301

2-4 Units

Beds: 2
Baths: 2
Size: 1,558 sqft

Est. Rent: $2,300/mo
Est. Cash Flow: -$401/mo
Modeled Cost: $2,701/mo
Estimate Confidence: Low
Rent Source: Estimated

Est. P&I: $1,883/mo

380 Fairmount) St S, Salem, OR, 97302

$465,000

380 Fairmount) St S, Salem, OR, 97302

2-4 Units

Beds: 4
Baths: 2
Size: 2,294 sqft

Est. Rent: $3,000/mo
Est. Cash Flow: -$458/mo
Modeled Cost: $3,458/mo
Estimate Confidence: Low
Rent Source: Estimated

Est. P&I: $2,400/mo

4541 Chippewa Ct, Salem, OR, 97317

$485,000

4541 Chippewa Ct, Salem, OR, 97317

Duplex

Beds: 6
Baths: 2
Size: 2,130 sqft

Est. Rent: $3,145/mo
Est. Cash Flow: -$463/mo
Modeled Cost: $3,608/mo
Estimate Confidence: High
Rent Source: Stated in listing

Est. P&I: $2,503/mo

802 NE Cottage St, Salem, OR, 97301

$375,900

802 NE Cottage St, Salem, OR, 97301

2-4 Units

Beds: 2
Baths: 2
Size: 1,230 sqft

Est. Rent: $2,300/mo
Est. Cash Flow: -$470/mo
Modeled Cost: $2,770/mo
Estimate Confidence: Low
Rent Source: Estimated

Est. P&I: $1,940/mo

2572 Arroyo Ridge 2574 Ct NW, Salem, OR, 97304

$585,000

2572 Arroyo Ridge 2574 Ct NW, Salem, OR, 97304

Duplex

Beds: 4
Baths: 5
Size: 2,723 sqft

Est. Rent: $3,600/mo
Est. Cash Flow: -$682/mo
Modeled Cost: $4,282/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $3,020/mo

3624 Hermosa Ct NE, Salem, OR, 97305

$545,000

3624 Hermosa Ct NE, Salem, OR, 97305

Duplex

Beds: 4
Baths: 4
Size: 2,336 sqft

Est. Rent: $3,280/mo
Est. Cash Flow: -$725/mo
Modeled Cost: $4,005/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $2,813/mo

995 985 Garnet St NE, Salem, OR, 97301

$549,000

995 985 Garnet St NE, Salem, OR, 97301

2-4 Units

Beds: 4
Baths: 3
Size: 1,839 sqft

Est. Rent: $2,980/mo
Est. Cash Flow: -$990/mo
Modeled Cost: $3,970/mo
Estimate Confidence: Low
Rent Source: Estimated

Est. P&I: $2,834/mo

1883 Starlight (-1885) Dr NW, Salem, OR, 97304

$849,999

1883 Starlight (-1885) Dr NW, Salem, OR, 97304

Duplex

Beds: 6
Baths: 6
Size: 2,626 sqft

Est. Rent: $4,940/mo
Est. Cash Flow: -$1,221/mo
Modeled Cost: $6,161/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $4,387/mo

407 Madrona (-409) Ave SE, Salem, OR, 97302

$750,000

407 Madrona (-409) Ave SE, Salem, OR, 97302

Duplex

Beds: 6
Baths: 5
Size: 2,914 sqft

Est. Rent: $4,160/mo
Est. Cash Flow: -$1,281/mo
Modeled Cost: $5,441/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $3,871/mo

1904-1906 Audubon Ave SE, Salem, OR, 97302-4286

$699,900

1904-1906 Audubon Ave SE, Salem, OR, 97302-4286

Duplex

Beds: 6
Baths: 5
Size: 2,520 sqft

Est. Rent: $4,160/mo
Est. Cash Flow: -$1,333/mo
Modeled Cost: $5,493/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $3,613/mo

1380 Saginaw St S, Salem, OR, 97302

$1,050,000

1380 Saginaw St S, Salem, OR, 97302

Fourplex

Beds: 6
Baths: 6
Size: 3,120 sqft

Est. Rent: $5,300/mo
Est. Cash Flow: -$2,212/mo
Modeled Cost: $7,512/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $5,420/mo

3857-3861 Village Ctr SE, Salem, OR, 97302

$1,030,000

3857-3861 Village Ctr SE, Salem, OR, 97302

Triplex

Beds: 8
Baths: 7.5
Size: 3,840 sqft

Est. Rent: $5,660/mo
Est. Cash Flow: -$2,375/mo
Modeled Cost: $8,035/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $5,317/mo

441 Norway St, Salem, OR, 97301

$0

441 Norway St, Salem, OR, 97301

Duplex

Beds: 8
Baths: 6
Size: 6,007 sqft

Est. Rent: N/A
Est. Cash Flow: N/A
Modeled Cost: N/A
Estimate Confidence: N/A
Rent Source: N/A

Est. P&I: $0/mo