147 40th Pl, Salem, OR 97301
OFF MARKET

147 40th Pl
Salem, OR 97301

Four Corners
  • 3 Beds
  • 1 Bath
  • 1,575 sqft

$380,200

Trulia Estimate
as of May 20, 2026
Est. Refi. Payment $2,241/mo*
Refinance Your Home

$380,200

Trulia Estimate
as of May 20, 2026
Est. Refi. Payment $2,241/mo*
Refinance Your Home
3 Beds
1 Bath
1,575 sqft

Local Information

Map showing home location
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-- mins to
Commute Destination

Description

INVESTOR SPECIAL!! Rare find CR-Commercial Retail zoned residence provides great opportunity for home-based business (near corner of State and Lancaster); good rental history; superior condition to others at this price. Walgreens on opposite corner reflects interest in this high traffic area. This is one of FOUR adjacent homes in all, each on their own lot. Seller requires all four homes be purchased together (single buyer); refer to MLS listing# 641497. Please submit all offers.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
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Outdoor
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HOA
None
Price/Sqft
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Listed
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Home Details for 147 40th Pl

Property Information

Year Built
Year Built: 1937
Property Type / Style
Property Type: Multi Family

Lot Information

Lot Area: 5227 sqft

Price History for 147 40th Pl

DatePriceEventSource
09/22/2011$70,000ListingRemovedAgent Provided
06/23/2011$70,000Listed For SaleAgent Provided
05/03/2011$104,999ListingRemovedAgent Provided
02/26/2011$104,999PriceChange
Agent Provided
12/01/2010$189,999Listed For SaleAgent Provided
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Comparable Sales for 147 40th Pl

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
131-137 37th Ave SE, Salem, OR
0.25
Multi-Family Home
$670,000
09/05/25
8
4
3,560
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
135 37th Ave SE, Salem, OR
0.25
Multi-Family Home
$670,000
09/05/25
8
-
3,560
967 Shenandoah Dr SE, Salem, OR
1.08
Multi-Family Home
$427,500
04/13/26
4
2
2,058
3928 Auburn Rd NE, Salem, OR
0.53
Multi-Family Home
$599,000
12/12/25
8
4
3,920
4862-4864 Cougar Ct SE, Salem, OR
0.95
Multi-Family Home
$460,000
09/25/25
6
2
2,074
4753 Palomino Ct SE, Salem, OR
1.22
Multi-Family Home
$470,000
07/31/25
2
3
1,914
4173-4175 Campbell Dr SE, Salem, OR
1.28
Multi-Family Home
$457,000
08/11/25
4
2
1,696
2567 Lee St SE, Salem, OR
1.31
Multi-Family Home
$545,000
06/20/25
3
2
2,400

Assigned Schools

These are the assigned schools for 147 40th Pl.
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The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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 "
    1
    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

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147 40th Pl, Salem, OR 97301 is a 3 bedroom, 1 bathroom, 1,575 sqft multi-family built in 1937. 147 40th Pl is located in Four Corners, Salem. This property is not currently available for sale. The current Trulia Estimate for 147 40th Pl is $380,200.