141 40th Pl, Salem, OR 97301
OFF MARKET

$357,600

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 817 sqft

141 40th Pl, Salem, OR 97301

Four Corners
Est. Refi. Payment $2,196/mo*
Refinance Your Home

Home Value

Trulia Estimate
$358K
Since last month
Increased$17K (+5%)
Since last year
Decreased$5K (-1.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +189% in the last 10 years
MonthEstimated value
2026
August 2026$358K
August 2026$355K
July 2026$341K
June 2026$368K
May 2026$361K
April 2026$354K
March 2026$350K
February 2026$372K
January 2026$346K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4838 State St, Salem, OR
0.92
Multi-Family Home
$430,000
10/31/25
4
2
1,748
563 47th Pl SE, Salem, OR
0.93
Multi-Family Home
$425,000
12/30/25
4
2
1,770
3928 Auburn Rd NE, Salem, OR
0.54
Multi-Family Home
$599,000
12/12/25
8
4
3,920
967 Shenandoah Dr SE, Salem, OR
1.07
Multi-Family Home
$216,250
06/26/26
4
2
2,058
4862-4864 Cougar Ct SE, Salem, OR
0.95
Multi-Family Home
$460,000
09/25/25
6
2
2,074
4821-4823 Cougar Ct SE, Salem, OR
0.89
Multi-Family Home
$485,000
01/21/26
6
4
3,040
4805 Buffalo Dr SE, Salem, OR
1.15
Multi-Family Home
$475,000
10/31/25
6
2
2,250
4143 Campbell Dr SE, Salem, OR
1.25
Multi-Family Home
$380,000
08/31/26
5
2
1,872
2519 Hyde Ct SE, Salem, OR
1.35
Multi-Family Home
$327,000
11/20/25
4
2
1,560
2515 Hyde Ct SE, Salem, OR
1.36
Multi-Family Home
$327,000
11/20/25
4
2
1,560

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
213 Juneva Pl, Salem, OR 97317
0.13
$250,600
3
2
1,566
Off Market
4130 State St #9, Salem, OR 97301
0.14
$58,000
2
1
399
For Sale
4090 Hudson Ave SE, Salem, OR 97301
0.11
$355,600
2
1
1,395
Off Market
3950 La Branch St SE, Salem, OR 97317
0.14
$209,800
4
1
1,000
Recently Sold
4150 Hudson Ave NE, Salem, OR 97301
0.15
$343,600
2
2
1,205
Off Market
3910 La Branch St SE, Salem, OR 97317
0.16
$466,000
4
3
2,225
Off Market
4160 Hudson Ave NE, Salem, OR 97301
0.17
$355,800
2
1.5
1,167
Off Market
110 Elma Ave SE, Salem, OR 97301
0.22
-
-
-
-
Off Market
4190 Hudson Ave NE, Salem, OR 97301
0.21
$349,800
3
1.5
960
Off Market
140 Elma Ave SE, Salem, OR 97317
0.23
$269,600
1
1
489
Off Market
3745 La Branch St SE, Salem, OR 97317
0.20
$399,400
3
2
1,452
Off Market
359 Duch Ln SE, Salem, OR 97317
0.25
$355,000
3
2
1,216
For Sale

Local Information

  • Map ViewExplore the area around 141 40th Pl.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1948
817 sqft
$438/sqft

About this House

ONE of FOUR adjacent single family homes available in all; each on their own separate lot zoned CR- Commercial Retail. LOW TAXES!! Same ex-contractor owner for past 14 yrs; very clean and sound home for the price (significantly superior to most REO in this price range); exterior just painted. Currently rented @ $550 month (14yr tenant). SF does not include 44SF fin.mud room. BROKERS- Refer to Private Remarks for potential seller contingency.
141 40th Pl, Salem, OR 97301 is a 2 bedroom, 1 bathroom, 817 sqft multi-family in Four Corners, built in 1948. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $357,600, with a rent estimate of $1,377/month.

Home Details for 141 40th Pl

Property Information

Year Built
Year Built: 1948
Property Type / Style
Property Type: Multi Family

Lot Information

Lot Area: 6969 sqft

Price and Tax history

DateEventPrice
May 3, 2011
Source: Agent Provided
ListingRemoved
$84,999
Feb 26, 2011
Source: Agent Provided
PriceChange
$84,999
Price decreased by 67%
Jan 16, 2011
Source: Agent Provided
PriceChange
$254,999
Price decreased by 2%
Dec 13, 2010
Source: Agent Provided
PriceChange
$259,999
Price decreased by 2%
Dec 1, 2010
Source: Agent Provided
Listed For Sale
$264,999

Market trends in Salem

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$441K
$4.58KMoM
Sale-to-List Price
100.0%
Price per sq ft
$271
$5MoM
Available listings
938
50MoM

Around this home

Neighborhood Overview

Four Corners
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Four Corners

At least 86 Trulia users voted on each feature.

  • 90 % Say it's dog friendly

  • 79 % Say yards are well-kept

  • 77 % Say car is needed

  • 73 % Say there are sidewalks

  • 71 % Say parking is easy

  • 68 % Say kids play outside

  • 67 % Say there's holiday spirit

  • 66 % Say it's walkable to grocery stores

  • 52 % Say it's walkable to restaurants

  • 47 % Say neighbors are friendly

  • 46 % Say they plan to stay for at least 5 years

  • 42 % Say it's quiet

  • 39 % Say streets are well-lit

  • 37 % Say people would walk alone at night

  • 34 % Say there's wildlife

  • 22 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Veeda.e.h
    "Not too bad easy access for a bus stop on the main road quick short walk to the bus stop. !!! 5 min walk!!!! "
    0
    Flag
  • Dina Young
    "It’s a generally quiet safe neighborhood with many families and very dog friendly. Not far from shopping and restaurants "
    0
    Flag
  • S.Young
    "Great public transportation ! Close to shopping. Watch children closely if you live on Lancaster. Close to school K-6. "
    0
    Flag
  • Trulia User
    "There are no community events. The fire stations do toy drives around the holidays and that’s really it, the shootings and the homeless population make it hard to want to go outside of your home "
    2
    Flag
  • Trulia User
    "Nice community to live in. Schools and parks are near by. I do not have children living in the neighborhood."
    0
    Flag
  • Trulia User
    "my neighborhood is quite well kept mostly & family oriented. it also has underground power lines. I have enjoyed living in this area"
    0
    Flag
  • Trulia User
    "the area is up in coming... some not so great steets but plenty of good ones in between. very busy cross street "
    0
    Flag
  • Trulia User
    "its okay but getting busier with all the people moving here. driving downtown Salem from here takes about 10 to 15 minutes including traffic. the drive to portland metro takes about 40 with no traffic"
    0
    Flag
  • Damassey59
    "The commute is perfect and is easy to get to work from. Easy access to a corner store if I need to pick something up quick"
    1
    Flag
  • Trevor F.
    "I love my neighborhood. Neighbors are nice and help keep an eye out for each other. Close to many good places to eat and auto parts stores which is a plus for me. "
    9
    Flag
  • Trevor F.
    "All my neighbors help watch over each other and each other’s property. They are all friendly and good people. I’m happy to live on this side of town despite some of the sketchy people you see walking around. "
    0
    Flag
  • Trulia User
    "its a alright neighborhood it would nice if cars didn't have to drive fast on a 25 mile an hour district though"
    2
    Flag
  • Sandra K.
    "Trinity United Methodist Church has an annual BBQ for the neighborhood. Food, entertainment and fun activities are free."
    1
    Flag
  • Michael Hamer
    "Mostly growing families with kids plus recent new sidewalks for safe walks to school. Neighbors look out for each other."
    18
    Flag
  • Lindapinolera
    "Well lit, and lots of things to do at the mall. Restaurants and coffee shops within walking distance "
    0
    Flag
  • Dakotadenherder94
    "how close it is to everything of convenience, stores, restaurants, ect. it is within walking distance of all of these things and schools. "
    0
    Flag
  • Becky W.
    "I've lived in this area for a couple of years and it is a great neighborhood. I love being able to shop at Winco and play Bingo"
    0
    Flag
  • Mrs v.
    "i like this area its quiet for the most part you see people walking their animals its very nice kids play outside with others and very nice to see how people care for theirproperties in this area it dont look like garbage neighbors are nice"
    0
    Flag
  • Senochs87
    "I moved in last year and never been disappointed by the friendliness and eagerness to help from my neighbors. Only complaint is traffic. Non stop cars flying by my house!"
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 141 40th Pl

  • What is 141 40th Pl estimated to be worth?
    Trulia's estimated value for 141 40th Pl in Salem, OR is $357,600.
  • Is Salem a buyer's or seller's market?
    Salem is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Salem?
    The median sale price in Salem is $441K. That is up $4.58K from the prior month.
  • What do residents say about the Four Corners neighborhood?
    Residents describe the Four Corners neighborhood in Salem, OR as dog-friendly, well-kept, and pedestrian-friendly. See recently sold homes in Four Corners, Salem.

Explore by feature - Pet Friendly

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Explore by feature - Outdoor Space

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