BEDS0
BATHS
SQUARE FEET1
MLS#220220195
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONPalmain
Property Description
Affordable 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 duediligence with the City regarding future opportunities.
Property Features
Property Type: Multi Unit - Multiple
Cooling: None
Fenced: Yes
Heating: Electric, Zoned
Home Style: Ranch
Lot Size: 0.51 Acres
Roof Type: Composition, Metal
Stories: 1.0
Taxes: $3,166
Year Built: 1959
Feature Descriptions
Exterior: Frame
Sewer: Public Sewer
Special View Info: City, Neighborhood
Units: 3
Local Schools
High School: Madras
Middle School: Jefferson County
Elementary School: Buffentary
Listed By / Shown By
Listed By
Agency Name: Signet Realty
Shown By
Agent Name: Gregg Sherrill
Agent Phone: (541) 891-3780
Agency Title: Fisher-Nicholson Realty LLC
Estimate Your Payment
Estimated Payment
$ 2,763.09 per month $2,370.95 Principal & Interest $263.83 Property Tax $128.30 Homeowner's Insurance
| MLS# 220220195
This multi-family property located at , Madras, OR 97741 is currently listed for sale with an asking price of $439,900. Search Madras real estate on greggsherrill.fnrhomes.com today.