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$250,000 Just Listed
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Property Description
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!
Full Property Details
Full Property Details for 401 Madrona Ave SE #3
General
- Price: $250,000
- HOA FEE: $200/month
- Taxes: $1,614 (25/26)
- Status: Active
- Type: Condo
- Source: WVMLS
- MLS ID: 838103
- Updated: Today (2/27/2026)
- Added to Site: Today
Interior
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Exterior
- Color: Tan
Parking
- Garage Description: None
Location
- County: SOUTHEAST SALEM
- Subdivision: Las Maderas Cond
- Driving Directions: Commercial St SE; turn west onto Madrona Ave. Condos are on the right. Unit is in the first building when entering the parking lot.
School Information
- Elementary School: Salem Heights
- Middle School: Crossler
- High School: Sprague
Heating & Cooling
- Heating/Cooling: Ductless/Mini-Split
- Water Heater: Electric
Utilities
- Sewer: Yes
- Water: City
Structural Information
- Roof: Composition
- Square Feet: 925
- Year Built: 1971
Lot Features
- Lot Size (Acres): 0.01
- Lot Size (Sq. Ft.): 484
- Zoning: RM2
- Lot Description: Unit 3
Financial Considerations
- Price Per Sq. Ft.: $270.27
- Association Fee: $200
- Assoc Fee Freq.: Monthly
- Assessment Year: 1971
- Tax Amount: $1,614
- Tax Year: 25/26
Disclosures and Reports
- Lot Number: Unit 3
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Schools
Schools serving 401 Madrona Ave SE #3
School District:Salem-Keizer School District 24j
| Name | Grades | Distance |
|---|---|---|
Salem Heights Elementary School 3495 Liberty Road South, Salem, OR 97302 | K-5 | 0.2 mi |
Crossler Middle School 1155 Davis Road South, Salem, OR 97306 | 6-8 | 2.3 mi |
Sprague High School, Salem, OR 2373 Kuebler Boulevard, Salem, OR 97302 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 401 Madrona Ave SE #3
Date
Details
Price
Change
Source
2/27/2026
Listed
$250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 401 Madrona Ave SE #3
401 Madrona, Apt 3 Av SE, Salem, OR 97302 (MLS# 838103) is a Condo property with 2 bedrooms and 1 full bathroom. 401 Madrona, Apt 3 Av SE is currently listed for $250,000 and was received on February 27, 2026. Want to learn more about 401 Madrona, Apt 3 Av SE? Do you have questions about finding other Condo real estate for sale in Croisan-Illahe? You can browse all Croisan-Illahe real estate or contact a Coldwell Banker agent to request more information.

