Madras, OR 97741
- $439,900
- List Price
- $439,900
- Status
- ACTIVE
- Days on Market
- 140
- MLS#
- 220220195
- Subtype
- Residential Income
- Style
- Ranch
- Year Built
- 1959
- Lot Size
- 22,215
- Acres
- 0.51
- Subdivision
- Palmain
- Neighborhood
- Palmain
Property Description
Investment opportunity with strong income potential and versatility. This property features three units including a duplex and a single wide manufactured home situated on over half an acre. The duplex offers two 2 bed, 1 bath units, each approximately 810 sq ft with attached carports and fenced yards, supported by a long term rental history. The manufactured home sits on its own approx. 10,000 sq ft lot, providing flexibility for additional income or future potential. Ideally located in the heart of Madras directly across from the high school, performing arts center and tennis courts, and close to shopping and local amenities, creating consistent rental appeal. Ample space, multiple income streams and potential for expansion make this a compelling option for investors or owner occupants looking to offset costs. Buyer to perform due diligence with the City regarding future opportunities.
/u.realgeeks.media/rockwellrealestate/header.png)
Additional Information
- Interior Features
- Shower/Tub Combo
- Taxes
- $3,166
- Property Description
- Ranch
- Zoning
- R1
- Flooring
- Carpet, Laminate, Vinyl
- Appliances
- Dryer, Oven, Range, Refrigerator, Washer
- Heating
- Electric, Zoned
- Air Conditioning
- None
- Stories
- One
- Levels
- One
- Roof
- Composition, Metal
- Foundation
- Pillar/Post/Pier, Stemwall
- Parking Features
- Attached Carport, Asphalt, Driveway, No Garage
- Elementary School
- Buff Elementary
- Middle School
- Jefferson County Middle
- High School
- Madras High
- View
- City, Neighborhood
Listing courtesy of Signet Realty.
Mortgage Calculator
The data relating to real estate for sale on this web site comes in part from the Internet Data Display (IDX) of the Southern Oregon Multiple Listing Service. Real estate listings held by brokerage firms other than our company are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information subject to change and should be independently verified. Last updated: