4575 SHIPPS PL, Salem, OR 97305

Listing Courtesy of Keller Williams Realty Portland Premiere. Selling Office: Keller Williams Realty Professionals.

$390,000
5
BD
2
BA
1,906
SqFt

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Sold Price
$390,000
List Price
$420,000
Closing Date
Aug 14, 2026
MLS#
505363177
Status
CLOSED
Type
Single Family Residential
City
Salem
Area
Marion Co: East Salem N
County
Marion
Bedrooms
5
Bathrooms
2
Living Area
1,906
Year Built
2007

Property Description

Welcome to a spacious 1,886-square-foot home offering incredible potential in a welcoming Northeast Salem neighborhood. Featuring an open-concept layout with 4 beds + den/office + 2.5 baths, this property is intentionally priced at an attractive $420,000. This property offers the unique advantage of built-in financial upside for a buyer or investor willing to handle some cosmetic updates, allowing you to build sweat equity.The home offers a distinct edge over new builds with its larger, more established footprint and a mature quiet neighborhood setting. The main floor features an open living area with 9 ft ceilings, a cozy gas fireplace, a functional kitchen with cherry cabinetry, and a versatile office that could be a 5th bedroom on the main level. Upstairs, there are 4 more generous sized bedrooms. Built on a level lot with durable cement siding, energy-efficient double-pane windows, and an attached 2 car garage, this standout property is a phenomenal opportunity to invest directly into personalizing a home with significant equity potential.

Additional Information

View
Seasonal
Water
Public Water
Elementary School
Scott
Middle School
Waldo
High School
McKay

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