Cheap homes for sale & real estate in Faye Wright, OR

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3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in Faye Wright, OR:
Charming 1915 period home, thoughtfully relocated and remodeled in 1980, now featuring a new roof. Backing directly to Hillview Park, the home enjoys stunning park views and mature trees that create a serene, private setting. Located in desirable South Salem near shopping and schools, this property offers the perfect blend of historic charm and an unbeatable location. Original wood floors, beautiful period millwork, and classic picture rail molding reflect the home’s timeless character, while modern conveniences include an efficient Rinnai tankless water heater.

$390,000

2 beds1 bath1,140 sq ft

482 Ewald Ave SE, Salem, OR 97302

Park views • Historic charm • New roof

Dewey Whitton • The Salem Real Estate Group

SHORT SALE

ABOUT THIS HOME
Cheap Home for sale in Faye Wright, OR:
Great opportunity in a desirable Salem location! This property is a fixer with strong potential for investors, contractors, or buyers looking to renovate and build equity. The home needs repairs and updating throughout and is priced accordingly. Located close to schools, shopping, and major amenities, this property offers a solid foundation for your vision. Bring your tools and creativity—this is a chance to transform a home in a sought-after neighborhood. Property is sold AS-IS; buyer to do all due diligence regarding condition, permits, and intended use.

$319,000

3 beds2 baths1,930 sq ft

3889 Dakota Rd SE, Salem, OR 97302

0.26 acre lot • 2 garage spots • Built 1958

John Bacon • Cascade Heritage Real Estate Group

ABOUT THIS HOME
Cheap Home for sale in Faye Wright, OR:
Looking for a larger home or an investment? This home is a 4 bedrooms, 2 baths, bonus room, backyard with a deck. Close to everything. Seller can do no repairs if needed. NO HOA

$375,000

3 beds2 baths1,774 sq ft

297 Arlene Ave SE, Salem, OR 97301

Bonus room • Backyard with a deck • 6,969 sq ft lot

Lynda Beck • Equity Oregon Real Estate

VIDEO TOUR

ABOUT THIS HOME
Cheap Home for sale in Faye Wright, OR:
Hi there, I’m a partially renovated daylight ranch in SE Salem, and I’m ready to welcome you home. With 1,824 sq ft across two levels, I offer 3 comfortable bedrooms, 2.5 bathrooms, and a layout that makes daily living easy. Fresh interior paint and new carpeting give me an updated, move-in ready feel while still leaving room for your personal touch. On my main level, my living room, dining area, and kitchen flow together for relaxed gatherings. Just off the dining room, step onto my balcony and look out over my substantially sized fenced backyard, perfect for morning coffee, grilling, or watching pets play below. With central air, I keep things comfortable year-round, and my at

$429,900

3 beds3 baths1,824 sq ft

4981 Jones Rd SE, Salem, OR 97302

Flexible bonus space • Daylight ranch • Fenced backyard

Darryl Bodle • Keller Williams Realty Portland Premiere

ABOUT THIS HOME
Cheap Home for sale in Faye Wright, OR:
Perfect first home or needing to downsize, this South Salem home is ready for you. Vaulted ceilings provide an open and spacious feel in this great room open to dining area. Furnace 2 yrs old, new A/C 2025, new oven 2025. All appliances included! Garage features built in storage areas. This home has been well loved and move in ready. Nest thermostat.

$400,000

3 beds2 baths1,095 sq ft

4435 Corki Ct SE, Salem, OR 97302

Dining area • Great room • Vaulted ceilings

Listing provided by WVMLS

Property at 4561 Pullman Ct SE, Salem, OR 97302, 3 beds, 2 baths

$410,000

3 beds2 baths1,399 sq ft

4561 Pullman Ct SE, Salem, OR 97302

Listing provided by WVMLS

Property at 5042 Cumberland Ct #18, Salem, OR 97306, 3 beds, 2 baths

$139,000

3 beds2 baths1,308 sq ft

5042 Cumberland Ct #18, Salem, OR 97306

Listing provided by WVMLS

Property at 4940 Sunnyside Rd SE Unit H5, Salem, OR 97302, 2 beds, 2 baths

$69,900

2 beds2 baths1,344 sq ft

4940 Sunnyside Rd SE Unit H5, Salem, OR 97302

Sarah Hedal • SimpliHOM

Property at 4192 Liberty Rd S, Salem, OR 97302, 2 beds, 1 bath

$399,900

2 beds1 bath1,475 sq ft

4192 Liberty Rd S, Salem, OR 97302

Listing provided by WVMLS

Property at 670 Idylwood Dr, Salem, OR 97302, 3 beds, 2 baths

$389,900

3 beds2 baths1,286 sq ft

670 Idylwood Dr, Salem, OR 97302

Listing provided by WVMLS

Property at 4830 Coloma Dr, Salem, OR 97301, 4 beds, 2 baths

$439,900

4 beds2 baths1,708 sq ft

4830 Coloma Dr, Salem, OR 97301

Derrick Emmert • White Star Realty, Inc

Property at 4845 Coloma Dr SE, Salem, OR 97302, 3 beds, 2 baths

$400,000

3 beds2 baths1,372 sq ft

4845 Coloma Dr SE, Salem, OR 97302

Joey Dion • Hybrid Real Estate

Property at 4940 Sunnyside Rd SE Unit K-15, Salem, OR 97302, 2 beds, 2 baths

$50,000

2 beds2 baths1,056 sq ft

4940 Sunnyside Rd SE Unit K-15, Salem, OR 97302

Listing provided by WVMLS

Property at 304 Boone Rd SE, Salem, OR 97306, 3 beds, 1 bath

$340,000

3 beds1 bath1,047 sq ft

304 Boone Rd SE, Salem, OR 97306

Dana Burk • Keller Williams Capital City

Property at 4366 Alderbrook Ave SE, Salem, OR 97302, 2 beds, 2 baths

$380,000

2 beds2 baths1,658 sq ft

4366 Alderbrook Ave SE, Salem, OR 97302

Listing provided by WVMLS

Property at 4627 2nd Way, Salem, OR 97302, 4 beds, 2 baths

$448,500

4 beds2 baths2,308 sq ft

4627 2nd Way, Salem, OR 97302

Michael Eastlund • Realty One Group Willamette Valley

Property at 205 Boone Rd SE #37, Salem, OR 97306, 3 beds, 2 baths

$152,500

3 beds2 baths1,296 sq ft

205 Boone Rd SE #37, Salem, OR 97306

Listing provided by WVMLS

Property at 4372 Coloma Dr SE, Salem, OR 97302-9999, 3 beds, 1 bath

$389,999

3 beds1 bath1,150 sq ft

4372 Coloma Dr SE, Salem, OR 97302-9999

Listing provided by WVMLS

Property at 4940 SE Sunnyside Rd Unit D2, Salem, OR 97302, 2 beds, 2 baths

$145,300

2 beds2 baths970 sq ft

4940 SE Sunnyside Rd Unit D2, Salem, OR 97302

Listing provided by WVMLS

Property at 4995 SE Sunnyside Rd Unit W21, Salem, OR 97302, 2 beds, 2 baths

$120,000

2 beds2 baths960 sq ft

4995 SE Sunnyside Rd Unit W21, Salem, OR 97302

Listing provided by WVMLS

Property at 773 Boone Rd SE #20, Salem, OR 97302, 2 beds, 1 bath

$245,000

2 beds1 bath840 sq ft

773 Boone Rd SE #20, Salem, OR 97302

Jerry Glesmann • Berkshire Hathaway HomeServices Real Estate Professionals

Property at 4940 Sunnyside Rd SE #2, Salem, OR 97302, 2 beds, 2 baths

$120,000

2 beds2 baths960 sq ft

4940 Sunnyside Rd SE #2, Salem, OR 97302

Listing provided by Zillow

Property at Sunnyside #K2 Plan, Fsvxeu Salem, OR 97302, 2 beds, 2 baths

$164,900

2 beds2 baths960 sq ft

Sunnyside #K2 Plan, Fsvxeu Salem, OR 97302

Listing provided by Zillow

Property at 4940 Sunnyside Rd SE #21, Salem, OR 97302, 2 beds, 2 baths

$120,000

2 beds2 baths960 sq ft

4940 Sunnyside Rd SE #21, Salem, OR 97302

Listing provided by Zillow

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Cheap Homes for Sale in Faye Wright

There are currently 24 cheap homes for sale in Faye Wright at a median listing price of $442K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Faye Wright stay on the market for 80 days and receive 1 offers. Popular neighborhoods include Southwest Salem, Southeast Salem, South Salem, Illahe Hills Estates, and West Salem. This map is refreshed with the newest listings in Faye Wright every 15 minutes.

In the past month, 5 homes have been sold in Faye Wright. In addition to houses in Faye Wright, there were also 2 condos, 0 townhouses, and 1 multi-family unit for sale in Faye Wright last month. Faye Wright is a minimally walkable neighborhood in Marion County with a Walk Score of 49. Faye Wright is home to approximately 7,487 people and 873 jobs. Find your dream home in Faye Wright using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Faye Wright are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Faye Wright. If you're looking to sell your home in the Faye Wright area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Faye Wright with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Redfin are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2025 RMLS, Portland, Oregon. Data Last Updated Fri Dec 26 2025

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