220 GARDENIA DR Salem, OR $ 375,000
220 GARDENIA DR
$ 375,000
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220 GARDENIA DR

Salem, OR, 97303
$ 375,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 2,340

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Multi-Family Home for sale in Salem, OR

for $375,000 with 4 bedrooms and 2 full baths. This home was built in 1968 on a lot size of 0.24.

Quiet residential neighborhood with easy access to everything. Close to bus, shopping, dining, and other amenities. Each unit includes washer and dryer hookups, 1 car attached garage, gas furnace. Large shared open yard in back. Good for owner occupied alternative to condo living while also investing.*** Please do not disturb tenants - contact your broker to obtain more details ***

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Multi-Family Contingent

Price

$ 375,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,577

Style

Lot Size

0.24

Year Built

1968

Town/City

Salem

County/Region

Marion

MLS | Web ID

275442944

Features
General
Sewer PublicSewer
Heating ForcedAir
Roof Composition
Zoning RS
Garage Spaces 2.0
Year Built 1968
Stories Count 1
Tax Year 2025
Parcel Number 584233
Gross Income 20500.0
County Marion
Net Operating Income 18000.0
Operating Expense 5000.0
Property Type MultiFamily
HOA N
Subdivision Name North Park
Rent Includes Sewer Water
Status ShortSalePending
Directions River Road N to Apple Blossom -> to 2nd Ave N - > to Gardenia
High School McNary
City Salem
Disclosures Disclosure
Number Of Units Total 2
MLS Area _177
Lot Size Square Feet 10454.0
Listing Terms Cash Conventional FHA Rehab VALoan
Elementary School Cummings
Tax Annual Amount 3577.41
Middle/Junior High School Claggett Creek
Standard Status ActiveUnderContract
Accessory Dwelling Unit Y/N N
Legal Description NORTH PARK ANNEX LOT 2 BLK 4
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Interior
Basement CrawlSpace
Storage Garage
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Garage
Water Source PublicWater
Total Parking 2.0
Exterior Description Cedar
Foundation Details ConcretePerimeter
Lot Size Acres 0.24
Road Surface Type Paved
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Internal Only
Street Number 1 220
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* Excluded Features
List By
Capstone Real Estate Services

Broker

agentalicew@gmail.com

Email

Affordability Calculator

$2,638
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,340
Monthly Property Taxes
$298
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949680 Elementary School
1949428 Middle School
McNary High School High School
Pricing History
DatePricePrice ChangeDescription
11/3/2025$375,000 -5.06% Price Down
10/30/2025$395,000 Listed Price

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220 GARDENIA DR, Salem, OR, 97303 is a Multi-Family Home for sale at $375,000 with a lot size of 0.24. 220 GARDENIA DR has 4 bedrooms, 2.0 baths, and was built in 1968. The property's zip code is 97303 which is in Salem, OR