1535 SW Highway 97, Madras, OR 97741
- $1,555,000
- List Price
- $1,555,000
- Status
- ACTIVE
- Days on Market
- 23
- MLS#
- 220227963
- Subtype
- Residential Income
- Style
- Traditional
- Year Built
- 1950
- Lot Size
- 63,162
- Acres
- 1.45
- Subdivision
- Manathiela
- Neighborhood
- Manathiela
Property Description
Fantastic Central Oregon Investment Property - Fifteen (15) Units, fully leased, professionally managed apartment complex. Don't miss this rare opportunity to purchase rental property in Madras, OR. These properties offer strong rental history & immediate cash flow opportunity. Each unit is 2 bedroom / 1 bath with mini split HVAC, washer/dryer hookups (some units provided). Walking distance to shopping, restaurants and bus service to Bend/Redmond. Excellent potential for investors looking to expand their portfolio with reliable income producing properties in a mature market at a affordable purchase price.
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Additional Information
- Interior Features
- Laminate Counters, Linen Closet, Open Floorplan, Shower/Tub Combo
- Taxes
- $14,441
- Property Description
- Traditional
- Zoning
- MUE
- Flooring
- Carpet, Vinyl
- Appliances
- Dishwasher, Dryer, Oven, Range, Refrigerator, Range Hood, Washer, Water Heater
- Heating
- Baseboard, Wall Furnace, Other
- Air Conditioning
- Other, Ductless
- Stories
- One, Two
- Levels
- One, Two
- Roof
- Composition
- Foundation
- Stemwall
- Parking Features
- Asphalt, Driveway, On Street
- Elementary School
- Buff Elementary
- Middle School
- Jefferson County Middle
- High School
- Madras High
Listing courtesy of Willow Canyon Group.
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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: