Madras, OR 97741
Listing Courtesy of Signet Realty.
- $439,900
- List Price
- $439,900
- MLS#
- 220220195
- Status
- ACTIVE
- City
- Madras
- County
- Jefferson
- Year Built
- 1959
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.
Additional Information
- Taxes
- $3,166
- Acres
- 0.51
- View
- City, Neighborhood
- Water
- Public
- Heating
- Electric, Zoned
- Foundation
- Pillar/Post/Pier, Stemwall
- Flooring
- Carpet, Laminate, Vinyl
- Elementary School
- Buff Elementary
- Middle School
- Jefferson County Middle
- High School
- Madras High
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