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Real Estate Company
316 SW 1ST ST, Madras, OR 97741
- $500,000
- 3,160
- SqFt
- List Price
- $500,000
- Days on Market
- 11
- MLS#
- 335689298
- Property Type
- Multifamily
- Sqft. of Residence
- 3,160
- Lot Size
- 10, 000 to 14, 999 SqFt
- Region
- Jefferson County
- Status
- ACTIVE
Property Description
Great rental investment property in Madras. There are 2 buildings, one built in 1944 a triplex with 1- two-bedroom unit & 2- one-bedroom units. The single unit built in 1977 is one 2-bedroom unit. The vacancy rate is very low, demand is high. Fantastic opportunity to get in the investment property market and/or add to a portfolio.
Additional Information
- Tax Amount
- $2,078
- Year Built
- 1944
- High School
- Madras
- Elementary School
- Madras
- Middle School
- Jefferson Co
- Acres
- 0.34
- Living Area
- 3,160
- Stories
- 2
- Terms
- Cash, Conventional
- Cooling Description
- Mini Split, Other
- Heating Description
- Ductless, Other
- Hoa Rent Includes
- Maintenance Grounds, Sewer, Trash Collection, Water
- Hot Water Description
- Electricity
- Exterior Description
- Wood Siding
- Roof Type
- Metal
- Sewer Description
- Public Sewer
- View
- Territorial
- Parking
- On Street
- Security Or Entry
- None
- Parking Description
- On Street
- Road Surface
- Paved
- Number Of Units Total
- 1260
- Unit Type One Baths Total
- 1
- Unit Type One Beds Total
- 2
- Unit Type One Rent
- 1250
- Unit Type One Sq Ft
- 1100
- Unit Type One Units Total
- 310
- Unit Type Two Baths Total
- 1
- Unit Type Two Beds Total
- 1
- Unit Type Two Units Total
- 314
- Unit Type Three Baths Total
- 1
- Unit Type Three Beds Total
- 2
- Unit Type Three Rent
- 1150
- Unit Type Three Sq Ft
- 1150
- Unit Type Three Units Total
- 316
- Unit Type Four Baths Total
- 1
- Unit Type Four Beds Total
- 1
- Unit Type Four Rent
- 900
- Unit Type Four Sq Ft
- 500
- Unit Type Four Units Total
- 320
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Listing courtesy of Emerald Coast Realty-Seal Rock.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.