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    Metolius, OR Culver, OR Terrebonne, OR
    Madras Multifamily Investment Opportunity
    Updated: Apr 3
    Madras Multifamily Investment Opportunity

    165 SE Buff St, Madras, OR 97741

    $1,150,000
    Significant rent upside potential, approximately 20% below market.
    Well‑maintained property with a diverse unit mix of one and two‑bedroom units.
    Strategic location in a quiet residential neighborhood, close to amenities.
    Comprehensive capital improvement program completed within the last five years including new signage and repaved parking.
    Durable cinder block construction, private unit entry, and on‑site security cameras.
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    Multifamily Investment Opportunity in Madras
    Updated: Mar 10
    Multifamily Investment Opportunity in Madras

    165 SE Buff St, Madras, OR 97741

    $1,150,000
    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.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Madras, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Mixed-Use Historic Building
    Mixed-Use Historic Building

    615 SW Evergreen Avenue, Redmond, OR 97756

    $1,425,000
    7,500 sqft · 0.06 AC lot

    A 1919 three-story building offering fully leased ground retail, office/commercial space, and 10 apartments in Redmond, Oregon.

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    Historic Mixed-Use Building
    Historic Mixed-Use Building

    621 SW EVERGREEN Ave Unit 621, Redmond, OR 97756

    $1,425,000
    7,500 sqft

    Fully leased three-story building with ground-floor retail, office/commercial space, and 10 apartments.

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    Bend Multifamily Reposition Project
    Bend Multifamily Reposition Project

    2320 NW Lakeside Pl, Bend, OR 97703

    $12,900,000

    81 high-end studios in northwest Bend, fully renovated.

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    Bend Multifamily Investment Opportunity
    Bend Multifamily Investment Opportunity

    2422-2444 NE Conners Ave, Bend, OR 97701

    $2,585,000
    12,314 sqft

    Fully leased 10-unit multifamily property near St. Charles Medical Center.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Pahrump Land Investment Opportunity
    Pahrump Land Investment Opportunity

    2001 Casino Street, Pahrump, NV 89048

    Contact for pricing
    0.31 AC lot

    0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

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    Lancaster Corner Lot Investment Opportunity
    Lancaster Corner Lot Investment Opportunity

    Newgrove Street, Lancaster, CA 93534

    $350,000
    0.17 AC lot

    0.17-acre corner lot in Lancaster with development potential.

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    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    31426 The Old Road N, Castaic, CA 91384

    $2,250,000
    2.05 AC lot

    2+ acres of commercially zoned land with freeway exposure.

    View details
    Development Opportunity with DTLA Views
    Development Opportunity with DTLA Views

    700 Lookout Dr, Los Angeles, CA 90012

    $799,000
    0.22 AC lot

    Land with potential for up to 23 units.

    View details

    Madras, OR Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Madras, OR on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $2,300,000.

    Sale prices for two-family homes in Madras, OR start at $1,150,000, averaging $1,150,000, and reaching up to $1,150,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    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 $1.2M

    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)

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