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401 MADRONA AVE SE # Apt 3 Salem, OR $ 250,000
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401 MADRONA AVE SE # Apt 3
$ 250,000
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401 MADRONA AVE SE # Apt 3

Salem, OR, 97302
$ 250,000
Bedrooms2 Baths1.0 Sq 925

Monthly Estimate*

$ 1,539

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View a Virtual Tour

Condo for sale in Salem, OR

for $250,000 with 2 bedrooms and 1 full bath. This 925 square foot condo was built in 1971.

Beautifully updated 2 bedroom, 1 bath lower unit condo offering 925 sq ft of comfortable living space. The elevated kitchen features new tile, fresh interior paint, and a modern feel that flows seamlessly into the main living areas. Enjoy year-round comfort with a mini-split heat pump and A/C installed in 2020. The fully remodeled bathroom showcases stylish finishes and updates. In-unit washer and dryer provide everyday convenience. Step outside to a brand-new deck—perfect for relaxing. Move-in ready!

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Condo Active

Price

$ 250,000

Bedrooms

2

Full Bath

1

Property Type

Condo

Taxes

$ 1,614

Style

Stories1,CommonWall

Year Built

1971

Town/City

Salem

County/Region

Marion

MLS | Web ID

262241258
Features
Interior
Interior Amenities LaminateFlooring Laundry
Basement CrawlSpace
Hot Water Electricity
Total Stories 2
Window Features DoublePaneWindows
Total Bathrooms 1.0
Unit Location GroundFloor
Total Bedrooms 2
Total Baths 1
1/2 Baths 0
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General
Sewer PublicSewer
Heating Ductless MiniSplit
Cooling MiniSplit
Roof Composition
Appliances Dishwasher Disposal
HOA Fee 200.0
Garage Spaces 0
Architectural Style Stories1 CommonWall
Year Built 1971
Stories Count 1
Unit Number Apt 3
Property Subtype Condominium
Tax Year 2025
Parcel Number 580679
Assoc Fee Paid Per Monthly
County Marion
Property Type Residential
Association Amenities AllLandscaping ExteriorMaintenance Laundry MaintenanceGrounds Sewer Water
HOA Y
Subdivision Name Las Maderas Condominium
Full Baths 1
Status Active
Directions Commercial St; turn right onto Madrona; condo is on the right and located in bldg 401.
High School Sprague
City Salem
Disclosures Disclosure
MLS Area _173
Listing Terms Cash Conventional
Elementary School Salem Hts
Tax Annual Amount 1614.18
Middle/Junior High School Crossler
Property Condition Resale
Virtual Tour https://www.searchallproperties.com/listings/3456788/vtour?ubd=1
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description LAS MADERAS CONDOMINIUM UNIT 3 BLDG 401
ADU False
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Exterior
Exterior Amenities Deck
Water Source PublicWater
Total Parking 0
Exterior Description Cedar LapSiding
Foundation Details ConcretePerimeter
Building Area Total 925.0
Road Surface Type Paved
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Internal Only
Street Number 1 401
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* Excluded Features
List By
The Salem Real Estate Group

Broker

Dewey@TheSalemRealEstateGroup.com

Email

Affordability Calculator

$1,674
Per Month
92%
8%
0%
Monthly Principal & Interest
$1,539
Monthly Property Taxes
$135
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1977221 Elementary School
1950143 Middle School
Sprague High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/4/2026$250,000 Listed Price

Map

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401 MADRONA AVE SE # Apt 3, Salem, OR, 97302 is a Condo for sale at $250,000 with 925 sqft. 401 MADRONA AVE SE # Apt 3 has 2 bedrooms, 1.0 baths, and was built in 1971. The property's zip code is 97302 which is in Salem, OR

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