$429,000
1869 Plateau St NE, Salem, OR 97305
Updated 4-Bed Home with Solar, Main-Level Primary Suite
4 Bed · 2 Bath · 1,639 Sq Ft
Turnkey NE Salem home with major system upgrades and flexible living spaces.
4
Beds
2
Baths
1,639
Sq Ft
2002
Built
0.15 acres
Lot
Driveway parking for 2 (verify garage configuration)
Garage
About 1869 Plateau St NE
This well-cared-for two-story home at 1869 Plateau St NE delivers practical family living and recent, buyer-friendly upgrades. Built in 2002 and offering 1,639 finished square feet, the floorplan places the primary suite on the main level for convenience, while the first-floor bedroom with double doors provides a dedicated office, den, or guest room. Upstairs you'll find a versatile fourth bedroom without a closet — perfect as a bonus/playroom or additional office.
Sellers have invested in the big-ticket systems: roof and solar panels installed in 2022, furnace and central A/C replaced in 2023, and a water heater replaced in 2023. The kitchen is equipped with a free-standing gas range (2018) and convection oven, and a new dishwasher was added in 2025. Inside, updated flooring and a refreshed primary shower give the home an updated feel without requiring immediate renovation.
The property sits on a level 6,534 sqft lot with yard space for gardening, play, or outdoor entertaining, plus a 10x12 shed (2017) for tools and storage. Driveway parking accommodates two vehicles; MLS notes two garage spaces but the listing flags should be verified — contact the listing agent to confirm configuration. Solar panels help reduce monthly energy costs and pair well with the newer HVAC equipment for efficient operation.
Located in Northeast Salem, this home is convenient to local shopping, parks, and schools within the Salem-Keizer School District. It’s an excellent fit for buyers seeking a low-maintenance, energy-conscious home with flexible living spaces and peace of mind from recent system investments. Schedule a showing with the listing agent to review solar documentation, equipment warranties, and to tour in person.
Home Highlights
Property Features
Interior Features
- Main-level primary suite
- Updated primary shower
- Updated flooring throughout main living areas
- Convection oven and gas range (2018)
- Dishwasher replaced 2025
- Flexible first-floor bedroom/office with double doors
Exterior & Lot
- 6,534 sqft level lot
- 10x12 storage shed (2017)
- Roof and solar panels (2022)
- Driveway parking for 2
- Private backyard suitable for landscaping or play
Location & Neighborhood
- Northeast Salem residential neighborhood
- Convenient driving access to local retail and I-5
- Salem-Keizer School District
- Quiet street with suburban character
Walkability & Recreation
- Walkability Rating: 48/100
- Nearby parks and neighborhood trails within a short drive
- Easy neighborhood walking routes and sidewalks
Neighborhood & Location
Northeast Salem neighborhoods around Plateau Street are suburban, family-oriented and practical. Streets are lined with single-family homes built from the 1990s through 2000s with level yards, sidewalks and relatively easy driving access to grocery stores, primary commercial corridors and I-5. The area draws buyers who seek value, school proximity, and straightforward commutes to central Salem and neighboring employment centers.
Market Insights
Salem’s market in 2026 remains relatively balanced; inventory is not as tight as the 2020–2022 period, but well-presented, updated homes continue to attract buyers quickly. The local median sale price for single-family homes in Salem is near the low-to-mid $400ks, and NE neighborhoods that combine convenience with recent upgrades — especially energy improvements like solar and new HVAC — command a premium. Expect typical days on market near 3–6 weeks depending on pricing and condition. For buyers, this listing offers a chance to obtain a turnkey home with major capital improvements already completed, reducing near-term expense risk. For sellers or investors, marketing that emphasizes the solar system, recent furnace/A/C replacement, and main-level primary will resonate with both family buyers and downsizers.
Nearby Schools
Hallman Elementary
Elementary · ≈1.2 mi
Walton Middle School
Middle · ≈2.0 mi
McKay High School
High · ≈3.5 mi
Walkability & Recreation
Access to neighborhood parks and regional trails is good; area supports yard-based recreation and quick drives to larger parks and greenways.
Investment Highlights
- Major system updates: roof & solar (2022), furnace & A/C (2023), water heater (2023)
- Turnkey condition with updated primary shower and flooring
- Main-level primary suite plus flexible first-floor bedroom/office with double doors
- Reasonable lot size (6,534 sqft) and additional 10x12 shed (2017)
- Energy savings potential from solar panels
Key Findings
- 4 beds, 2 baths, 1,639 sqft; built in 2002
- List price $429,000; price/sf reported at $262
- Significant recent capital improvements reduce near-term capex risk
- Primary suite on the main level and a flexible bedroom/office configuration
- Driveway parking for approximately 2 vehicles; garage status should be verified
Things to Consider
- MLS shows 2 garage spaces but 'hasGarage' flagged false — clarify parking/garage structure
- School assignment is estimated; buyer should confirm with Salem-Keizer SD
- Solar ownership/lease details and production data not included — verify energy savings and transferability
- No recent public tax/assessment values provided in listing data
Opportunity Analysis
Acquire a well-maintained, move-in-ready single-family home in NE Salem that offers immediate utility/maintenance advantages through recent system upgrades and solar — attractive to owner-occupiers and low-touch investors.
Potential Use Scenarios
- Underwrite near the midpoint ($430k) but allow negotiating bandwidth toward low ($410k) depending on title/solar verification.
- Request solar PV system documentation (ownership vs lease, production), furnace/A/C permits and warranties, and water heater receipts.
- Market to buyers emphasizing turnkey condition and lower utility costs — highlight main-floor primary and flexible office space.
Risk Factors
- Undetermined garage/parking configuration could affect perceived value.
- If solar is leased, transfer terms could be unfavorable or require additional buyer expense.
- Local school assignments and attendance boundaries can materially affect family buyer demand.
Buyers should conduct independent due diligence before making any purchase decisions.
AI Valuation Estimate
Low
$410K
Midpoint
$430K
High
$450K
$262/SF estimated price per square foot
Estimate anchored to list price and property specifics (4 beds/2 baths, 1,639 sqft, recent system upgrades) and regional market knowledge for NE Salem. No live comps search performed; range reflects modest negotiation room and local comparable sales variance.
As of 2026-03-12
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Market & Area Data
Market Trends
Demographics
Area sees steady household formation, moderate income growth consistent with broader Salem trends; more affordable than Portland metro but benefits from Oregon employment and quality-of-life factors.
Nearby Points of Interest
- Woodburn/Salem shopping corridors (I-5 access within ~10 minutes)
- RiverBend Park area (approx 2-4 miles)
Quiet NE Salem residential neighborhood with easy vehicle access to city amenities, grocery stores and community parks; standard suburban pattern with sidewalks and modest yards.
School District
Market data is based on aggregated public records and may not reflect real-time conditions.
Property Details
Building Details
Lot & Site
Utilities
Zoning & Land Use
Allowed Uses
Tax & Sale History
Tax Assessment
Sale History
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