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Madras, OR Apartment Buildings for Sale

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Metolius, OR Culver, OR Terrebonne, OR

$1,150,000

Madras Multifamily Investment Opportunity

165 SE Buff St, Madras, OR 97741

Well-maintained 12-unit apartment complex with upside potential.

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.

Updated: Apr 3

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$1,150,000

Multifamily Investment Opportunity in Madras

165 SE Buff St, Madras, OR 97741

Well-maintained 12-unit apartment complex with upside potential.

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.

Updated: Mar 10

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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.

$999,900

4,680 SF

MtAngel Multifamily with Cash Flow

Five units with upside, private yards, and storage.

Mount Angel, OR 97362

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$999,900

4,680 SF

Mount Angel Multifamily Investment

Five-unit property with cash flow and upside potential.

880 N Pershing St, Mount Angel, OR 97362

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$12,900,000

Bend Multifamily Reposition Project

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

2320 NW Lakeside Pl, Bend, OR 97703

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$12,900,000

31,947 SF

Bend Multifamily Reposition Project

Recently renovated, high-demand studio apartments near downtown Bend.

2320 NW Lakeside Pl, Bend, OR 97703

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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.

Entitled Multifamily Development Opportunity

$3,250,000

0.83 Acres

Entitled Multifamily Development Opportunity

Permitted 50-unit multifamily development with retail space for sale.

403 N River St lot: 403, 417, & 419, Hailey, ID 83333

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Contact for pricing

0.31 Acres

Pahrump Land Investment Opportunity

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

2001 Casino Street, Pahrump, NV 89048

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Lancaster Corner Lot Investment Opportunity

$350,000

7,509.00 Acres

Lancaster Corner Lot Investment Opportunity

0.17-acre corner lot in Lancaster with development potential.

0 Newgrove Street, Lancaster, CA 93534

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Silver Lake Affordable Housing Development

$2,350,000

0.18 Acres

Silver Lake Affordable Housing Development

Ready-to-Issue 54-unit affordable housing development opportunity in prime Silver Lake.

1108 Manzanita St, Los Angeles, CA 90029

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Madras, OR Apartment Buildings Investment Opportunities Market Analysis

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 Strategic Investment

Identify Madras submarkets with the highest inventory density on the market and evaluate the median 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 sq ft

Tax Rate vs County Average 0.10 pp above county avg

Average Loan-to-Value 65.0%

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Madras, OR Apartment Buildings for Sale

Madras Multifamily Investment Opportunity

Well-maintained 12-unit apartment complex with upside potential.

Multifamily Investment Opportunity in Madras

Well-maintained 12-unit apartment complex with upside potential.