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Multifamily Property with Attached Garages
For Sale
$375,000
Pending

220 Gardenia Drive North, Salem, OR 97303

Units include laundry hookups, gas furnaces, and access to a shared rear yard.

Property Size900 SF
Days on Market307

Property Features for 220 Gardenia Drive North

General Information

Standard status Pending
Size 900 SF
Total Parking Spaces 2
Property subtype Multi Family
Zoning RS

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $3,577

Amenities

washer and dryer hookups
1 car attached garage
gas furnace
large shared open yard
1
Crawl Space
Concrete Perimeter
Composition
Cedar

Building Details

Year Built 1968
Listing Agency: Capstone Real Estate Services
Listed By: Alice Woodworth
Source: Compass
Added: Oct 29, 2025 Changed: Aug 30 Last Checked: Aug 30 at 10:17PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Capstone Real Estate Services

Investment Insights

Based on property information with market context.

This multifamily property was built in 1968 and includes units with washer and dryer hookups, gas furnaces, and one-car attached garages. A shared open yard extends behind the property. Interior features include crawl space and concrete perimeter construction, while the exterior combines composition and cedar materials.

The property is located at 220 Gardenia Drive North in Salem, Oregon, within a residential neighborhood. Bus service, shopping, dining, and other amenities are identified nearby. RS zoning is reported for the property.

Key Highlights

  • Built in 1968
  • Each unit includes washer and dryer hookups
  • One‑car attached garage provided for each unit

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm HVAC Service Furniture & Home Goods Parking Lot & Garage Catering Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

578
Businesses Nearby

Demographics for 97303, OR

41,441
Population
15,740
Households
2.6
Avg Household Size
38
Median Age
27%
College-Educated
90%
High-School Grad
24.9 sq mi
ZIP Area
1,664
Density / Sq Mi
$81,057
Median Household Income
$45,034
Median Earnings
$1,361
Median Rent
$396,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Units include laundry hookups, gas furnaces, and access to a shared rear yard.
Where is this multifamily property located?
The property is located at 220 Gardenia Drive North Salem, OR.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Built in 1968; Each unit includes washer and dryer hookups; One‑car attached garage provided for each unit
More about this property
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