Marion Co: Central Salem Homes under $400,000

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Newest Marion Co: Central Salem Homes under $400,000

$399,900

4 Beds ⋅ 1 Baths ⋅ 357117456 MLS

Comfortable, versatile and ready to make your own, this one-level home offers more space and functionality than meets the eye. Tucked on a quiet court in SE Salem, the home features fresh interior paint and easy-care laminate and tile flooring throughout. The living room is anchored by a cozy fireplace, while the two-tone kitchen offers generous counter space, a breakfast bar and a sunny dining nook for morning coffee or casual meals. Sliding doors extend the living space outdoors to a covered patio with a warm cedar ceiling, overlooking a fenced, tree-shaded backyard with low-maintenance landscaping and plenty of room to relax or entertain. The heated and insulated converted garage provides valuable bonus space for a game room, home gym, hobbies or additional living area—and can be easily converted back to a garage if desired. A detached shed adds even more room for projects and storage, while RV and boat parking provide space for the extras. Central air completes this flexible Salem home designed for comfortable everyday living.

4915 WAGON RIM SE CT, Salem

$325,000

2 Beds ⋅ 1 Baths ⋅ 373819508 MLS

OPPORTUNITY! Priced for its condition. This spacious corner lot with ample space is an opportunity you won’t want to miss! 2 bed, 1 bath, and an addition that offers tons of potential for a 3rd bedroom, office, flex space or potential dual living. Whether you’re a first-time buyer looking to build equity or an investor searching for your next project, come check it out. Sold AS-IS and priced accordingly.

495 20TH SE ST, Salem

$389,900

4 Beds ⋅ 2 Baths ⋅ 273411048 MLS

Highland! This home has been totally updated. Newer Electrical, updated foundation, Updated Kitchen, and baths with a nice tile pattern. Large bedrooms, one on the main floor. Home needs some cosmetic work. High-efficiency gas furnace.

1885 4TH NE ST, Salem

$285,000

2 Beds ⋅ 1 Baths ⋅ 128572393 MLS

Opportunity awaits with this charming 2-bedroom, 1-bath home in a convenient central Salem location. Set on a large lot with exciting potential, this property offers room to expand, create additional outdoor space, or explore the possibility of adding an ADU.Enjoy quick and easy access to major freeways, shopping, dining, schools, parks, and all the everyday amenities Salem has to offer. Whether you're a first-time buyer, investor, or looking for a property with future potential, this home is worth a look.Priced to sell fast—don't miss your opportunity to own a home with both immediate appeal and room to grow!

1190 16TH ST, Salem

$369,000

2 Beds ⋅ 2 Baths ⋅ 783875435 MLS

920 BAXTER RD, Salem

$320,000

2 Beds ⋅ 1 Baths ⋅ 398087069 MLS

Open Sat. 10/10, 12 - 2. Enchanting Craftsman Revival Cottage at 757 South St. NE in Highland's Heritage District. Charming home features hardwood floors throughout, wood encased windows and wood burning fireplace. Light and bright kitchen with quaint dining room. Inside access to full basement providing ample storage and workspace. Detached garage includes automatic opener. Private fenced backyard. Pleasant tree-lined street near downtown Salem, Willamette University and next to Winter-Maple Greenway. Authentic 1920s character preserved throughout. Schedule your private showing today to fall in love with this Highland gem!

757 SOUTH ST, Salem

$370,000

2 Beds ⋅ 1 Baths ⋅ 272373370 MLS

Well maintained 2 bedroom home close to downtown, shopping, and I5! Hardwood floors through out, Formal dinning area and breakfast nook. Large fully fenced backyard is great for entertaining.

730 20TH NE ST, Salem

$299,000

2 Beds ⋅ 1 Baths ⋅ 415347740 MLS

Charming and well-maintained single-level Ranch-style home in a friendly Salem neighborhood! Offering 1,068 square feet of comfortable living space, this inviting home features two light-filled bedrooms plus a versatile bonus room that can easily serve as a third bedroom, home office, or creative space. The open living room features a decorative fireplace surround and easy-care laminate flooring. The kitchen blends character and functionality with classic glass-front display cabinetry, dual-basin sink, butcher-block island and freestanding range. A convenient main-level laundry room includes the washer and dryer. Enjoy peace of mind with a brand-new roof installed in 2025, plus zoned electric wall heating, window AC and ceiling fans for year-round comfort. Fiber optic internet capability adds modern convenience. Outside, the fully fenced private yard offers a patio for relaxing or entertaining, along with a handy tool shed. Situated on a level lot just 7 minutes from downtown Salem and steps from Englewood Park, local shopping and nearby schools, including Englewood Elementary, Parrish Middle and North Salem High. Mortgage savings may be available for buyers of this listing.

1760 C ST, Salem

$349,000

3 Beds ⋅ 2 Baths ⋅ 335926034 MLS

This vintage cottage blends original character with updates like a new roof (AUG 2026), vinyl windows & refreshed stainless steel kitchen appliances. The main floor features original, refinished hardwood floors and a cozy fireplace. Central A/C for those warmer days. There is a built-in hutch & small niche in the dining area for storage or display. Two bedrooms on the main floor have built-ins: a dresser in one and a desk & shelves in the other-potential for a home office area. A 3rd bedroom & 2nd newer bathroom is in the basement waiting to be styled. Laundry facilities are indoors. Backyard is fully fenced.

1675 JEFFERSON NE ST, Salem

$199,900

3 Beds ⋅ 1 Baths ⋅ 555201057 MLS

Restore this 3BR cottage back to its former glory and abundant vintage charm! Lots of curb appeal with its gables and columns. Coved ceilings, large kitchen, fireplace, gas forced air, full unfinished basement, and garage. Backyard also has a large, covered porch perfect for evening relaxation. Homeowners, get ahead with six digit sweat equity & a rehab loan. Superb wintertime project for the fix & flip contractor; perfect timing for spring buyers. Buy-and-hold investors, your tenants will appreciate the bus stop just a few yards down the street and close access to downtown, medical offices, & fairgrounds. See Instructions.

1782 CAPITOL ST, Salem

$350,000

3 Beds ⋅ 1 Baths ⋅ 561952548 MLS

Behind a fenced front yard on a shaded Salem street sits a bungalow that's been refreshed from top to bottom. Wide-plank floors carry through an open kitchen and living area, where wood beam accents and crisp white cabinetry set an easy, warm backdrop for daily life. Bedrooms stay bright and quiet, closets run deep, and the tiled bath adds a clean, modern finish.Out back, a covered deck sets the stage for slow mornings and long evenings, while a detached workshop with vaulted wood ceilings gives room for projects, hobbies, or simply more storage. The fenced yard, dotted with mature trees and garden beds, leaves plenty of space to dig in and make it your own. Long driveway, low-maintenance charm, and space that works as hard as you do. This is where the next chapter starts.

954 NE NORWAY ST, Salem

$344,900

3 Beds ⋅ 2 Baths ⋅ 389058135 MLS

Freshly reimagined from its 1937 roots, this Salem home pairs the character of an established Lansing neighborhood with the clean, modern feel of a thoughtful renovation carried throughout the interior. Everyday living is all on one floor with only minimal steps to navigate, creating an especially convenient layout for anyone who prefers to avoid going up and down stairs. Step inside to light wide plank flooring, large windows, a warm wood accent wall, and ductless heating and cooling in the main living space. The kitchen has been completely refreshed with white shaker cabinetry, light countertops, black hardware, and a crisp palette that continues into both updated bathrooms. Fresh carpeting gives the bedrooms a softer feel, while the combined dining and laundry area keeps the floor plan practical and efficient. Out back, a covered rear deck creates an easy extension of the home and overlooks a fully fenced yard with room to garden, entertain, or simply enjoy some outdoor space. A detached storage shed adds even more utility, while the attached workshop provides valuable room for projects, bikes, tools, hobbies, or overflow storage. A long driveway offers plenty of off street parking. Market Street and Lancaster Drive put groceries, restaurants and everyday services within easy reach, while Willamette Town Center adds shopping, dining and entertainment nearby. Livingston Park and Geer Community Park offer playgrounds, walking paths, sports fields, a bike park and skate park, with the Oregon State Fair & Expo Center also close by. Downtown Salem, Riverfront Park and I-5 are all within easy reach as well.

2085 EVERGREEN NE AVE, Salem

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