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: 30
Updated: Jun 21, 2026
Median Price: $549,000
Median Size: 2,401 sqft
Higher-Confidence Cash-Flow Candidates: 12

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

30 results

2328 State St, Salem, OR, 97301

$350,000

2328 State St, Salem, OR, 97301

Duplex

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

Est. Rent: $4,120/mo
Est. Cash Flow: +$1,214/mo
Modeled Cost: $2,906/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $1,738/mo

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

$649,999

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: +$1,164/mo
Modeled Cost: $5,126/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $3,228/mo

125 46th Ave SE, Salem, OR, 97317

$535,000

125 46th Ave SE, Salem, OR, 97317

Triplex

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

Est. Rent: $5,010/mo
Est. Cash Flow: +$825/mo
Modeled Cost: $4,185/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $2,657/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: +$811/mo
Modeled Cost: $3,809/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $2,409/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: +$807/mo
Modeled Cost: $3,173/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $1,984/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: +$807/mo
Modeled Cost: $3,173/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $1,984/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: +$574/mo
Modeled Cost: $4,346/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $2,806/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: +$449/mo
Modeled Cost: $4,091/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $2,657/mo

771 21st St SE, Salem, OR, 97301

$550,000

771 21st St SE, Salem, OR, 97301

Fourplex

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

Est. Rent: $4,600/mo
Est. Cash Flow: +$408/mo
Modeled Cost: $4,192/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $2,732/mo

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

$439,000

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

Duplex

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

Est. Rent: $3,600/mo
Est. Cash Flow: +$294/mo
Modeled Cost: $3,306/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $2,180/mo

1815 Skyline Ct S, Salem, OR, 97306

$599,999

1815 Skyline Ct S, Salem, OR, 97306

Duplex

Beds: 6
Baths: 4
Size: 3,240 sqft

Est. Rent: $4,560/mo
Est. Cash Flow: +$78/mo
Modeled Cost: $4,482/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $2,980/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: +$37/mo
Modeled Cost: $4,093/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $2,727/mo

2194-2200 Navaho Ct SE, Salem, OR, 97306

$795,000

2194-2200 Navaho Ct SE, Salem, OR, 97306

2-4 Units

Beds: 8
Baths: 4
Size: 3,956 sqft

Est. Rent: $6,600/mo
Est. Cash Flow: +$549/mo
Modeled Cost: $6,051/mo
Estimate Confidence: Low
Rent Source: Estimated

Est. P&I: $3,949/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: +$517/mo
Modeled Cost: $6,043/mo
Estimate Confidence: Low
Rent Source: Estimated

Est. P&I: $3,949/mo

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

$665,000

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: -$21/mo
Modeled Cost: $4,941/mo
Estimate Confidence: Low
Rent Source: Estimated

Est. P&I: $3,303/mo

2335 Walnut Ave NE, Salem, OR, 97301

$324,000

2335 Walnut Ave NE, Salem, OR, 97301

2-4 Units

Beds: 2
Baths: 2
Size: 960 sqft

Est. Rent: $2,300/mo
Est. Cash Flow: -$88/mo
Modeled Cost: $2,388/mo
Estimate Confidence: Low
Rent Source: Estimated

Est. P&I: $1,609/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: -$212/mo
Modeled Cost: $3,212/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $2,180/mo

2486-2488 Wintergreen Ave NW, Salem, OR, 97304

$525,000

2486-2488 Wintergreen Ave NW, Salem, OR, 97304

Duplex

Beds: 4
Baths: 4
Size: 2,270 sqft

Est. Rent: $3,600/mo
Est. Cash Flow: -$214/mo
Modeled Cost: $3,814/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $2,608/mo

1213 Oakhill Ave SE, Salem, OR, 97302

$650,000

1213 Oakhill Ave SE, Salem, OR, 97302

Duplex

Beds: 8
Baths: 4
Size: 3,064 sqft

Est. Rent: $4,500/mo
Est. Cash Flow: -$268/mo
Modeled Cost: $4,768/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $3,228/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: -$293/mo
Modeled Cost: $3,273/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $2,235/mo

1575 Fircrest Ct SE, Salem, OR, 97306

$494,000

1575 Fircrest Ct SE, Salem, OR, 97306

Duplex

Beds: 4
Baths: 2
Size: 2,016 sqft

Est. Rent: $3,300/mo
Est. Cash Flow: -$300/mo
Modeled Cost: $3,600/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $2,454/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: -$330/mo
Modeled Cost: $2,630/mo
Estimate Confidence: Low
Rent Source: Estimated

Est. P&I: $1,812/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: -$369/mo
Modeled Cost: $3,514/mo
Estimate Confidence: High
Rent Source: Stated in listing

Est. P&I: $2,409/mo

2468 Morrow Ct NW, Salem, OR, 97304

$750,469

2468 Morrow Ct NW, Salem, OR, 97304

Duplex

Beds: 6
Baths: 14
Size: 3,159 sqft

Est. Rent: $4,940/mo
Est. Cash Flow: -$470/mo
Modeled Cost: $5,410/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $3,728/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: -$883/mo
Modeled Cost: $3,863/mo
Estimate Confidence: Low
Rent Source: Estimated

Est. P&I: $2,727/mo

1525 SE Lee St, Salem, OR, 97302

$799,000

1525 SE Lee St, Salem, OR, 97302

Duplex

Beds: 8
Baths: 6
Size: 4,262 sqft

Est. Rent: $4,500/mo
Est. Cash Flow: -$1,155/mo
Modeled Cost: $5,655/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $3,969/mo

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

$709,900

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: -$1,256/mo
Modeled Cost: $5,416/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $3,526/mo

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

$1,040,000

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: -$2,234/mo
Modeled Cost: $7,894/mo
Estimate Confidence: Medium
Rent Source: Estimated

Est. P&I: $5,166/mo

1380 Saginaw St S, Salem, OR, 97302

$1,125,000

1380 Saginaw St S, Salem, OR, 97302

2-4 Units

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

Est. Rent: $4,500/mo
Est. Cash Flow: -$3,094/mo
Modeled Cost: $7,594/mo
Estimate Confidence: Low
Rent Source: Estimated

Est. P&I: $5,588/mo

441 Norway St, Salem, OR, 97301

$0

441 Norway St, Salem, OR, 97301

Fiveplex+

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