Listing provided courtesy of REALTY ONE GROUP WILLAMETTE VALLEY- MLS# 840794MLS ProviderContact Information: Agent: 503-932-5406

386 40th Pl SESalem, OR 97317

Single Family · 3 Beds · 1 Full Bath · 1 Half Bath · 1,056 Sq. ft. | 0.18 Acres
$394,900 ACTIVE

386 40th Pl SE Overview

Time on Site:
53 days
Visits:
1

COMPLETELY REMODELED AND MOVE IN READY! Nearly every major component ha been replaced, including roof, siding, windows, insulation, electrical, kitchen bathroom, flooring, doors, paint, and landscaping - saving you thousands of future repairs. Located on a quiet dead end street with no rear neighbors. Beautifully updated home features oversized 2 car garage, spacious backyard with room for shop, potential RV parking or ADU.Enjoy modern finishes, quality craftsmanship andexpensive updates completed. Owner is Licensed Oregon principal broker Located in Marion County, no CCR;s.Checkwith with Marion County for ADU and other potential additions.

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386 40th Pl SE Facts & Features

  • Type Single Family
  • Sq. ft. 1,056
  • Price/Sq.ft. $374
  • Lot 0.18 Acres

Details

General

School Information

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

Building Information

  • Year Built: 1952

Location/Region

  • County Or Parish: Marion
  • MLS Area Major: 35 SUBURBAN E SALEM/SOUTH
  • Subdivision Name: Leo N Childs

Tax Information

  • Tax Annual Amount: 2247

General Information

  • Property Sub Type: Residence
  • Property Type: Residential

Interior

Parking Information

  • Garage Spaces: 2

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total: 2
  • Bedrooms Total: 3

General Information

  • Accessibility Features: No
  • Fireplace Features: Living Room,Electric
  • Flooring: Carpet,Luxury Vinyl Plank
  • Foundation Details: Continuous
  • Living Area: 1056
  • Stories Total: 1 Story

Exterior

Lot Information

  • Lot Size Acres: 0.18
  • Lot Size Square Feet: 7841
  • Water Source: City

Building Exterior/Construction

  • Patio And Porch Features: Patio
  • Roof: Composition

General Information

  • Fencing: Yes

386 40th Pl SE Neighborhood

Community

97317 (Salem) Demographics

39
Median Age
481
Population Density (per sq. mile)
28%
College Educated
$70,838
Estimated Median Income
5,562
Estimated Total Home Owners
2,481
Estimated Total Renters
69% / 31%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

386 40th Pl SE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

386 40th Pl SE Market Data

Based on the last 30 days in this zip code

$802,302
Average List Price
$377
Average Price per Square Foot
24
Properties Sold
98
Average Days on Market
115
Properties for Sale
Calculations provided by Reliance Network

386 40th Pl SE History

Date Event Value Agent
6/29/2026Source: Willamette Valley MLS Price Reduction
$394,900 -1.0%
6/22/2026Source: Willamette Valley MLS Price Reduction
$399,000 -0.2%
5/31/2026Source: Willamette Valley MLS Price Reduction
$399,900 -2.4%
5/8/2026Source: Willamette Valley MLS Added to Database
May 08, 2026
12/19/2025Source: Willamette Valley MLS - Sold Data Added to Database
December 19, 2025