Listing provided courtesy of Keller Williams Realty Portland Premiere- MLS# 505363177MLS ProviderContact Information: 503-799-1835

4575 SHIPPS PLSalem, OR 97305

Single Family · 5 Beds · 2 Full Baths · 1 Partial Bath · 1,906 Sq. ft. | 0.09 Acres
$420,000 Active

4575 SHIPPS PL Overview

Time on Site:
5 days
Visits:
0

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.

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4575 SHIPPS PL Facts & Features

  • Type Single Family
  • Sq. ft. 1,906
  • Price/Sq.ft. $220
  • Lot 0.09 Acres

Details

General

School Information

  • Elementary School: Scott
  • Middle Or Junior School: Waldo
  • High School: McKay

Building Information

  • Year Built: 2007

Location/Region

  • Country: US
  • County Or Parish: Marion
  • MLS Area Major: 176 - Marion Co: East Salem N

Tax Information

  • Tax Annual Amount: 4933.35
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: 339723
  • Property Condition: Resale
  • Property Sub Type: Single Family Residence
  • Property Type: Residential

Interior

Parking Information

  • Garage Spaces: 2.0

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Partial: 1
  • Bathrooms Total: 3
  • Bedrooms Total: 5

Building Interior

  • Building Area Total: 1906.0

General Information

  • Accessibility Features: Garage on Main
  • Appliances: Built-in Range,Dishwasher,Disposal,Free-Standing Refrigerator,Microwave,Plumbed For Ice Maker
  • Basement: Crawl Space
  • Cooling: Air Conditioning Ready
  • Fireplace Features: Gas
  • Fireplaces Total: 1
  • Foundation Details: Pillar/Post/Pier
  • Heating: Forced Air
  • Interior Features: Garage Door Opener,High Ceilings,Vaulted Ceiling(s),Vinyl Floor,Washer/Dryer
  • Stories: 2
  • Window Features: Double Pane Windows

Exterior

Parking Information

  • Parking Features: Driveway
  • Parking Total: 2.0

Lot Information

  • Lot Features: Level
  • Lot Size Square Feet: 3920.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Architectural Style: 2 Story
  • Roof: Composition

General Information

  • Exterior Features: Fenced,Yard
  • Sewer: Public Sewer

4575 SHIPPS PL Neighborhood

Community

97305 (Salem) Demographics

30
Median Age
934
Population Density (per sq. mile)
25%
College Educated
$56,787
Estimated Median Income
7,843
Estimated Total Home Owners
6,333
Estimated Total Renters
55% / 45%
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.
* 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.

4575 SHIPPS PL Market Data

Based on the last 30 days in this zip code

$491,635
Average List Price
$275
Average Price per Square Foot
35
Properties Sold
92
Average Days on Market
192
Properties for Sale
Calculations provided by Reliance Network

4575 SHIPPS PL History

Date Event Value Agent
6/24/2026Source: Regional MLS Added to Database
June 24, 2026