Real Estate Investment Properties for Sale in Salem, IN

Looking for investment property in Salem, IN with high ROI ?

Explore a variety of short-term homes & houses in Salem, IN. Invest wisely with VRBO & Salem, IN Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Salem, IN

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
355 Indiana Avenue Salem, IN Brick home with over 2 acres on a dead end street!! Country views and living, yet close t...	4 beds \| 3 baths \| 2,028 sq.ft.	$319,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.75% Airbnb Rental Income: $null Traditional Rental Income: $2862 Airbnb ROI: N/A Traditional ROI: 7.75%
101 E Terrell Lane Salem, IN This property offers Over 8 acres of partially wooded land. This can be your private ret...	4 beds \| 2 baths \| 1,280 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.03% Airbnb Rental Income: $null Traditional Rental Income: $1845 Airbnb ROI: N/A Traditional ROI: 6.03%
776 N Abbott Lane Salem, IN Check out this Bedford Stone home with a country setting yet only six minutes for the Sale...	3 beds \| 1 baths \| 1,056 sq.ft.	$160,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.29% Airbnb Rental Income: $null Traditional Rental Income: $1382 Airbnb ROI: N/A Traditional ROI: 6.29%
5881 E Old 56 Salem, IN WELCOME HOME to country living but not to far away from downtown Salem Indiana. Check out...	4 beds \| 3 baths \| 1,792 sq.ft.	$208,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.7% Airbnb Rental Income: $null Traditional Rental Income: $2305 Airbnb ROI: N/A Traditional ROI: 9.7%
1003 N Water Street Salem, IN **EXTREMELY MOTIVATED SELLER** Welcome to your dream home! This spacious 5-bedroom gem...	5 beds \| 2 baths \| 2,118 sq.ft.	$240,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.5% Airbnb Rental Income: $null Traditional Rental Income: $2442 Airbnb ROI: N/A Traditional ROI: 8.5%
122 Marshall Avenue Salem, IN Charming cottage style home located in the heart of Salem. Just minutes from the town squ...	2 beds \| 1 baths \| 838 sq.ft.	$164,900	Airbnb cash on cash: 3.48% Traditional cash on cash: 5.81% Airbnb Rental Income: $1240 Traditional Rental Income: $1212 Airbnb ROI: 3.48% Traditional ROI: 5.81%
4642 W State Road 56 Salem, IN This beautifully updated property combines the charm of country living with an array of mo...	3 beds \| 1 baths \| 2,028 sq.ft.	$242,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.46% Airbnb Rental Income: $null Traditional Rental Income: $1744 Airbnb ROI: N/A Traditional ROI: 5.46%
4313 E Canton Road Salem, IN Multiple Opportunities with this unique property! LIVE WHERE YOU WORK!! BUSINESS LOCATION ...	3 beds \| 1 baths \| 4,026 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.16% Airbnb Rental Income: $null Traditional Rental Income: $1406 Airbnb ROI: N/A Traditional ROI: 5.16%
409 N Water Street Salem, IN ONCE IN A LIFETIME OPPORTUNITY TO OWN AN INDIANA LANDMARKS PROPERTY...with a history docum...	3 beds \| 2 baths \| 1,520 sq.ft.	$169,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.43% Airbnb Rental Income: $null Traditional Rental Income: $1921 Airbnb ROI: N/A Traditional ROI: 9.43%
513 N Main Street Salem, IN Welcome Home to the Heart of historic Salem Indiana! North Main Street is THE place to BE!...	2 beds \| 1 baths \| 1,184 sq.ft.	$170,000	Airbnb cash on cash: 3.26% Traditional cash on cash: 6.37% Airbnb Rental Income: $1240 Traditional Rental Income: $1348 Airbnb ROI: 3.26% Traditional ROI: 6.37%
122 E Eastern Hills Boulevard Salem, IN MOTIVATED SELLERS! ANY REASONABLE OFFER CONSIDERED! UPDATES INCLUDE NEW GARAGE DOOR, NEW P...	4 beds \| 3 baths \| 3,432 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.67% Airbnb Rental Income: $null Traditional Rental Income: $3165 Airbnb ROI: N/A Traditional ROI: 6.67%
1731 Lake Salinda Road Salem, IN What's BETTER than COUNTRY LIVING within walking distant to LAKE SALINDA with amenities in...	4 beds \| 4 baths \| 3,381 sq.ft.	$585,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.5% Airbnb Rental Income: $null Traditional Rental Income: $3502 Airbnb ROI: N/A Traditional ROI: 4.5%
105 Lincoln Street Salem, IN FOUR BEDROOMS! check out this house in the heart of Salem Indiana. This house sets on tw...	4 beds \| 1 baths \| 1,508 sq.ft.	$150,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.41% Airbnb Rental Income: $null Traditional Rental Income: $1720 Airbnb ROI: N/A Traditional ROI: 9.41%
102 Tucker Street Salem, IN Come checking out this home in the heart of Salem, Indiana. First thing youâll notice i...	2 beds \| 1 baths \| 1,200 sq.ft.	$155,000	Airbnb cash on cash: 3.48% Traditional cash on cash: 7.14% Airbnb Rental Income: $1240 Traditional Rental Income: $1387 Airbnb ROI: 3.48% Traditional ROI: 7.14%
1004 Becks Mill Road Salem, IN BEAUTIFUL CAPE COD with WRAP AROUND PORCH and georgeous PANORAMIC HILLTOP VIEWS. This fant...	4 beds \| 4 baths \| 3,078 sq.ft.	$549,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.94% Airbnb Rental Income: $null Traditional Rental Income: $3489 Airbnb ROI: N/A Traditional ROI: 4.94%
2706 E State Road 60 Salem, IN CLOSE to Salem with a COUNTRY SETTING! This home offers 4BR/3BA, TFLS of 3,360 sq. ft., a ...	4 beds \| 3 baths \| 3,360 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.45% Airbnb Rental Income: $null Traditional Rental Income: $3156 Airbnb ROI: N/A Traditional ROI: 6.45%
800 Hayes Avenue Salem, IN What a great opportunity to own this remodeled 4 bedroom, 2 bath home nestled in the heart...	4 beds \| 2 baths \| 1,650 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.88% Airbnb Rental Income: $null Traditional Rental Income: $2068 Airbnb ROI: N/A Traditional ROI: 8.88%
7217 E Old 56 Salem, IN IMMEDIATE POSSESSION! Minutes to Elk Creek Lake and Trailhead! Come check out this beautif...	3 beds \| 1 baths \| 1,498 sq.ft.	$224,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.42% Airbnb Rental Income: $null Traditional Rental Income: $1516 Airbnb ROI: N/A Traditional ROI: 5.42%
407 N Main Street Salem, IN What a great LOCATION!! FANTASTIC BUSINESS OPPORTUNITY!! Great commercial building or resi...	4 beds \| 1 baths \| 2,189 sq.ft.	$189,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.09% Airbnb Rental Income: $null Traditional Rental Income: $1813 Airbnb ROI: N/A Traditional ROI: 7.09%
145 Emerald Court Salem, IN WHAT A BEAUTY!!â¦ Check out this 3 BR 2 BA home with open concept living in Emerald Heigh...	3 beds \| 2 baths \| 1,516 sq.ft.	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.19% Airbnb Rental Income: $null Traditional Rental Income: $1761 Airbnb ROI: N/A Traditional ROI: 4.19%
1562 E Martinsburg Road Salem, IN YOU DON"T WANT TO MISS THIS ONE!!! ONLY 2 MINUTES to HWY 60! This is a must see! Could be...	4 beds \| 3 baths \| 5,814 sq.ft.	$850,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.79% Airbnb Rental Income: $null Traditional Rental Income: $2794 Airbnb ROI: N/A Traditional ROI: 1.79%
302 E Market Street Salem, IN GREAT LOCATION in SALEM on historic brick street! 1 1/2 STORY HOME with TONS OF CURB APPE...	3 beds \| 2 baths \| 2,308 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.02% Airbnb Rental Income: $null Traditional Rental Income: $2278 Airbnb ROI: N/A Traditional ROI: 10.02%
1004 W Becks Mill Road Salem, IN Beautiful CAPE COD with WRAP AROUND PORCH and georgeous PANORAMIC HILLTOP VIEWS. This fant...	4 beds \| 4 baths \| 4,650 sq.ft.	$549,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.36% Airbnb Rental Income: $null Traditional Rental Income: $3708 Airbnb ROI: N/A Traditional ROI: 5.36%
10490 E State Road #160 Salem, IN OPEN HOUSE SUNDAY (11/10/24) 2PM - 4PM!!!!!!! Welcome to this charming 4-bedroom, 1-bath h...	4 beds \| 1 baths \| 2,520 sq.ft.	$205,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.73% Airbnb Rental Income: $null Traditional Rental Income: $1642 Airbnb ROI: N/A Traditional ROI: 6.73%
904 W Mulberry Street Salem, IN Welcome to this beautifully UPDATED 3-bedroom, 1-bath home in Salem, Indiana! With old wor...	3 beds \| 1 baths \| 1,743 sq.ft.	$235,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.33% Airbnb Rental Income: $null Traditional Rental Income: $1494 Airbnb ROI: N/A Traditional ROI: 4.33%
113 N Lincoln Avenue Salem, IN Adorable move in ready 3 BR. 1 BA stone and vinyl home that you have been waiting for!! A...	3 beds \| 1 baths \| 1,240 sq.ft.	$149,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.52% Airbnb Rental Income: $null Traditional Rental Income: $1496 Airbnb ROI: N/A Traditional ROI: 7.52%

Real Estate investment in Salem, IN

There are 26 properties for sale in the city of Salem . The median list price in Salem is $206,500 and the average price per square foot is $95. In November 2024, the average monthly cash on cash return in Salem is 7.00%. The average monthly rental income in Salem is $1,829.

Salem, IN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 26 investment properties available for sale in Salem.

In 2024, the best neighborhood to buy investment property is Salem.

The ROI for Long-Term is higher than the Short-Term in Salem with average rental income of $1,829.

Your search for investment property begins and ends here

Investment Property for Sale in Salem, IN

355 Indiana Avenue

Salem, IN

4 beds | 3 baths | 2,028 sq.ft.

$319,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.75%

Airbnb Rental Income: $null

Traditional Rental Income: $2862

Airbnb ROI: N/A

Traditional ROI: 7.75%

101 E Terrell Lane

Salem, IN

4 beds | 2 baths | 1,280 sq.ft.

$250,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.03%

Airbnb Rental Income: $null

Traditional Rental Income: $1845

Airbnb ROI: N/A

Traditional ROI: 6.03%

776 N Abbott Lane

Salem, IN

3 beds | 1 baths | 1,056 sq.ft.

$160,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.29%

Airbnb Rental Income: $null

Traditional Rental Income: $1382

Airbnb ROI: N/A

Traditional ROI: 6.29%

5881 E Old 56

Salem, IN

4 beds | 3 baths | 1,792 sq.ft.

$208,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.7%

Airbnb Rental Income: $null

Traditional Rental Income: $2305

Airbnb ROI: N/A

Traditional ROI: 9.7%

1003 N Water Street

Salem, IN

5 beds | 2 baths | 2,118 sq.ft.

$240,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.5%

Airbnb Rental Income: $null

Traditional Rental Income: $2442

Airbnb ROI: N/A

Traditional ROI: 8.5%

122 Marshall Avenue

Salem, IN

2 beds | 1 baths | 838 sq.ft.

$164,900

Airbnb cash on cash: 3.48%

Traditional cash on cash: 5.81%

Airbnb Rental Income: $1240

Traditional Rental Income: $1212

Airbnb ROI: 3.48%

Traditional ROI: 5.81%

4642 W State Road 56

Salem, IN

3 beds | 1 baths | 2,028 sq.ft.

$242,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.46%

Airbnb Rental Income: $null

Traditional Rental Income: $1744

Airbnb ROI: N/A

Traditional ROI: 5.46%

4313 E Canton Road

Salem, IN

3 beds | 1 baths | 4,026 sq.ft.

$199,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.16%

Airbnb Rental Income: $null

Traditional Rental Income: $1406

Airbnb ROI: N/A