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$260,000

  • Sold
  • Sold
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1,056 Sq. Ft.
See This Home
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See This Home
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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

General

  • Sold For: $260,000
  • Taxes: $2,175 (2024)
  • Status: Sold
  • Type: Single Family
  • Source: RWMLS
  • MLS ID: 380859591
  • Added to Site: 112 day(s) ago

Interior

  • Interior Features: Vinyl Floor, Wall to Wall Carpet
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Wood Burning
  • Appliances: Dishwasher, Free-Standing Range

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3
  • Primary Bedroom: Main
  • Bedroom 2: Main
  • Bedroom 3: Main

Other Rooms

  • Living Room: Main
  • Kitchen: Main
  • Dining Room: Main

Additional Information

  • Security/Safety: None

Exterior

  • Exterior Features: Yard

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Total Spaces: 2
  • Parking Features: Driveway

Location

  • County: Marion
  • Driving Directions: Lancaster Dr, East on Mahrt, South on 40th Pl

School Information

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

Community

  • Community Name: 175 - Marion Co: East Salem S

Heating & Cooling

  • Cooling Type: None
  • Heating Type: None
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Architectural Style: 1 Story, Ranch
  • Basement Desc.: Crawl Space
  • Roof: Composition
  • Windows: Wood Frames
  • Stories/Levels: 1
  • Square Feet: 1,056
  • Year Built: 1961
  • Property Condition: Fixer

Lot Features

  • Lot Size (Acres): 0.18
  • Lot Size (Sq. Ft.): 7,840
  • Lot Size: 7, 000 to 9, 999 SqFt
  • Lot Dimensions: 105 x 73
  • Frontage: Paved
  • Lot Features: Level

Financial Considerations

  • Tax Amount: $2,175.25
  • Tax Year: 2024
  • Terms: Cash, Rehab

Disclosures and Reports

  • Disclosures/Reports: Disclosure
  • Property ID: 545304

Listed by Northwest Investor Realty (503) 364-0955, Brenda Schamp (541) 223-8258
Sold by Realty One Group Willamette Valley (503) 881-2313, Peggy Bean

Listing agent

— 386 40th Pl —

  • Brenda Schamp

    Northwest Investor Realty

    503-364-0955

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 386 40th Pl

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

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.

Listed by Northwest Investor Realty (503) 364-0955, Brenda Schamp (541) 223-8258
Sold by Realty One Group Willamette Valley (503) 881-2313, Peggy Bean

Just Listed near 386 40th Pl

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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
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  • 3
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Listed by Coldwell Banker Mountain West, Andrea Beyer
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Listed By: PAULA. BROTHERTON | Premiere Property Group, Llc Eugene
5425 Bundy Ave N, Keizer, OR 97303 - Photo 1 Just Listed
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5425 Bundy Ave N  Keizer, OR 97303

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Listed By: NEREYDA. AGUIRRE | Exp Realty, Llc

Price Reduced near 386 40th Pl

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6708 14th Ave NE, Keizer, OR 97303 - Photo 1 Price Reduced
-$17,000 (-3.05%)
$540,000

6708 14th Ave NE  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 3 days ago
  • 4
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Listed by Windermere Heritage, Rhonda Smith
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-$10,000 (-2.11%)
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  • Updated 8 hours ago
  • 3
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  • 2
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  • 1,588
    Sq. Ft.
Listed by eXp Realty, LLC, Allyson Puentes
521 Chemawa Rd N, Keizer, OR 97303 - Photo 1 Price Reduced
-$25,000 (-5.56%)
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521 Chemawa Rd N  Keizer, OR 97303

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5355 River Rd N, Keizer, OR 97303 - Photo 1 Price Reduced
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5355 River Rd N  #85  Keizer, OR 97303

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Listed By: NICK. SHIVERS | Exp Realty, Llc

Recent Sales near 386 40th Pl

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

386 40th Pl SE  Salem, OR 97317

  • Single Family
  • Closed
  • 3
    Beds
  • 1
    Total Bath
  • 1,056
    Sq. Ft.
Listed By: BRENDA. SCHAMP | Northwest Investor Realty
Sold by PEGGY. BEAN | Realty One Group Willamette Valley
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, Salem, OR 97317 (MLS# 380859591) is a Single Family property that was sold at $260,000 on December 19, 2025. Want to learn more about 386 40th Pl? 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.