Advertise
    Madras, OR
    Apartment Building

    Madras, OR Apartment Buildings for Sale

    Notify Me
    List
    Map
    Metolius, OR Culver, OR Terrebonne, OR Ashwood, OR Prineville, OR Redmond, OR Powell Butte, OR
    Multifamily Investment Opportunity in Madras
    Updated: Mar 10
    Multifamily Investment Opportunity in Madras

    165 SE Buff St, Madras, OR 97741

    Contact for pricing
    Significant rental upside potential with current rents 20% below market.
    Comprehensive capital improvement program completed within the last five years.
    Well‑maintained property with a desirable unit mix.
    Strategically located in a quiet residential neighborhood.
    Units feature modernized floor plans, LVP flooring, updated cadet heating, and window‑mounted air conditioning.
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Madras, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Three-Story Mixed-Use Building
    Historic Three-Story Mixed-Use Building

    615 SW Evergreen Avenue, Redmond, OR 97756

    $1,400,000
    7,500 sqft

    Fully leased three-story building with ground-floor retail, third-floor commercial space, and 10 apartment units.

    View details
    Historic Three-Story Mixed-Use Building
    Historic Three-Story Mixed-Use Building

    621 SW Evergreen Avenue, Redmond, OR 97756

    $1,425,000
    7,500 sqft

    Built in 1919 and fully leased, this three-story property includes ground-floor retail, office/commercial space, and apartments.

    View details
    Renovated Townhome-Style Apartment Community
    Renovated Townhome-Style Apartment Community

    940 NW 2nd St, Prineville, OR 97754

    Contact for pricing
    20,900 sqft

    Twenty-two townhome-style apartments with recent roof, unit, and parking lot upgrades are offered for sale in Prineville.

    View details
    Central Oregon Multifamily Investment Opportunity
    Central Oregon Multifamily Investment Opportunity

    1000 NE 3rd St, Prineville, OR 97754

    $2,550,000

    Multifamily investment opportunity in Central Oregon with upside potential.

    View details

    Madras, OR Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Madras, OR on our real estate platform.

    List
    Map

    Demographics Overview

    Population 14K
    Population Growth (5Y) +11.4%
    Median Household Income $69,696
    College Educated 27.9%

    High-Yield Neighborhoods for Investment

    Identify Madras submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    97741 $1.5M

    Taxes & Financing

    Tax Rate (average for all types) 1.96%
    Property Tax per SF $24.62 per SF
    Tax Rate vs County Average 0.10 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Jefferson County

    New Delisted

    Total CRE Inventory on Market (SF)

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Madras, OR

    Popular Categories

    Most Searched ZIP Codes in Madras, OR

    • 97741

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!