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$260,000

  • Sold
  • Closed
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1,056 Sq. Ft.

Listed By: BRENDA. SCHAMP | Northwest Investor Realty | (541) 223-8258
Sold by PEGGY. BEAN | Realty One Group Willamette Valley | Direc: 541-223-8258

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Fixer-Upper Opportunity in a great Location! Back on market due to buyer financing. This 3 bedroom, 1 bath house has tremendous potential. Features a solid foundation & layout, with a spacious lot offering plenty of room for expansion. Fantastic project for the right buyer looking to put their personal touch on a property and build equity. Sold as-is.

Full Property Details for 386 40th Pl SE

General

  • Sold For: $260,000
  • Taxes: $2,175 (2024)
  • Status: Closed
  • Type: Single Family
  • Source: WVMLS
  • MLS ID: 833980
  • Added to Site: 112 day(s) ago

Interior

  • Flooring: Carpet, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Exterior

  • Color: Gray

Parking

  • Garage Description: Attached

Location

  • County: SUBURBAN E SALEM/SOUTH
  • Subdivision: Leo N Childs
  • Driving Directions: Lancaster Dr S, East on Mahart, South on 40th Pl

School Information

  • Elementary School: Four Corners
  • Middle School: Houck
  • High School: South Salem

Heating & Cooling

  • Heating/Cooling: None
  • Water Heater: Electric

Utilities

  • Sewer: Yes
  • Water: City, Connected

Structural Information

  • Roof: Composition
  • Square Feet: 1,056
  • Year Built: 1961

Lot Features

  • Lot Size (Acres): 0.18
  • Lot Size (Sq. Ft.): 7,841
  • Zoning: RS
  • Lot Description: 5

Financial Considerations

  • Price Per Sq. Ft.: $246.21
  • Assessment Year: 1961
  • Tax Amount: $2,175
  • Tax Year: 2024

Disclosures and Reports

  • Lot Number: 5

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 386 40th Pl SE

School District:Salem-Keizer School District 24j
NameGradesDistance
Four Corners Elementary School
500 Elma Avenue Southeast, Salem, OR 97317
K-50.3 mi
Houck Middle School
1155 Connecticut, Salem, OR 97301
6-80.8 mi
South Salem High School
1910 Church Street Southeast, Salem, OR 97302
9-122.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 386 40th Pl SE

Date
Details
Price
Change
Source
12/19/2025
Sold
$260,000
-5.45%
MLS
11/21/2025
Price Reduced
$275,000
-8.33%
MLS
9/25/2025
Listed
$300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Just Listed near 386 40th Pl SE

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959 Stonebridge Ave NE, Keizer, OR 97303 - Photo 1 Just Listed
$525,000

959 Stonebridge Ave NE  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 12 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,896
    Sq. Ft.
Listed by Coldwell Banker Mountain West, Andrea Beyer
5356 Lancers Ct NE, Keizer, OR 97303 - Photo 1 Just Listed
$427,500

5356 Lancers Ct NE  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 8 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,456
    Sq. Ft.
Listed By: JAMES. HAUGE | Legacy Real Estate
4370 Gary St NE, Keizer, OR 97303 - Photo 1 Just Listed
$420,000

4370 Gary St NE  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 4 hours ago
  • 3
    Beds
  • 1
    Total Bath
  • 1,248
    Sq. Ft.
Listed By: JOSE A. CABRERA | Smi Real Estate
4879 13th Ave N, Keizer, OR 97303 - Photo 1 Just Listed
$390,000

4879 13th Ave N  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 6 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 1,104
    Sq. Ft.
Listed By: PAULA. BROTHERTON | Premiere Property Group, Llc Eugene

Price Reduced near 386 40th Pl SE

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5355 River Rd N, Keizer, OR 97303 - Photo 1 Price Reduced
-$2,950 (-10.55%)
$25,000

5355 River Rd N  #85  Keizer, OR 97303

  • Manufactured Home
  • Active
  • Updated 3 days ago
  • 2
    Beds
  • 1
    Total Bath
  • 672
    Sq. Ft.
Listed by Keller Williams PDX Central, Brian Duhrkoop
4742 Rivergrove Ct N, Keizer, OR 97303 - Photo 1 Price Reduced
-$10,000 (-2.11%)
$465,000
Open House

4742 Rivergrove Ct N  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 14 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,588
    Sq. Ft.
Listed By: ALLY. PUENTES | Exp Realty, Llc
6683 Brookhollow Ct NE, Keizer, OR 97303 - Photo 1 Price Reduced
-$5,000 (-1%)
$494,000

6683 Brookhollow Ct NE  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 6 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,684
    Sq. Ft.
Listed By: GABRIELLE. HEUSSER | Exp Realty, Llc
3515 Brooks Ave NE, Keizer, OR 97303 - Photo 1 Price Reduced
-$39,900 (-28.52%)
$100,000

3515 Brooks Ave NE  Keizer, OR 97303

  • Lots/Land
  • Active
  • Updated 6 days ago
  • 0.13
    Acres
Listed By: BRIAN. MCVAY | Homesmart Realty Group - Keizer and APRIL. MCVAY | Homesmart Realty Group - Keizer

Recent Sales near 386 40th Pl SE

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386 40th Pl, Salem, OR 97317 - Photo 1 Sold
$260,000

386 40th Pl  Salem, OR 97317

  • Single Family
  • Sold
  • 3
    Beds
  • 1
    Total Bath
  • 1,056
    Sq. Ft.
Listed by Northwest Investor Realty, Brenda Schamp
Sold by Realty One Group Willamette Valley, Peggy Bean
4045 Beck Ave SE, Salem, OR 97317 - Photo 1 Sold
$290,000

4045 Beck Ave SE  Salem, OR 97317

  • Single Family
  • Closed
  • 2
    Beds
  • 1
    Total Bath
  • 1,018
    Sq. Ft.
Listed By: CLAIRE. BLOSSER | Keller Williams Capital City
Sold by MICALE. MONTGOMERY | Real Broker
4045 Beck Ave, Salem, OR 97317 - Photo 1 Sold
$290,000

4045 Beck Ave  Salem, OR 97317

  • Single Family
  • Sold
  • 2
    Beds
  • 1
    Total Bath
  • 1,018
    Sq. Ft.
Listed by Keller Williams Capital City, Claire Blosser
Sold by Non Rmls Broker, OR and WA Non Rmls
4220 Hudson Ave NE, Salem, OR 97301 - Photo 1 Sold
$235,000

4220 Hudson Ave NE  Salem, OR 97301

  • Single Family
  • Closed
  • 2
    Beds
  • 1
    Total Bath
  • 824
    Sq. Ft.
Listed By: DAVID. WIGGERS | Smi Real Estate
Sold by JOSSELYN. TOSCANO | Realty Of America, Llc

386 40th Pl SE, Salem, OR 97317 (MLS# 833980) is a Single Family property that was sold at $260,000 on December 19, 2025. Want to learn more about 386 40th Pl SE? Do you have questions about finding other Single Family real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.