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    15 NE 7Th St Madras, OR 97741

    For Sale
    $235,000

    F - Madras, OR

    Lot size:
    0.12 Acres
    Days on Market:
    59
    Last Refresh:
    Dec 14 at 3:06 am

    Property Features for 15 NE 7Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C2
    APN
    9210
    Parking
    4
    Parking features
    Parking Lot, RV
    Lot size
    0.12 Acres

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Heat Pump

    Building Details

    Year built
    1978
    Floors in Building
    1
    Flooring type
    Carpet, Vinyl
    Building materials
    Frame
    Roof type
    Composition
    Architectural style
    Other

    Tim Davis Group Central Oregon Realty (541) 548-2400 [email protected]

    Listing agent J. Tim Davis (541) 548-2400 License #900700193

    Listing date Oct 17, 2025

    MLS# 220206313 Listing URL

    Copyright © 2025 MLS of Central Oregon. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Madras Mixed-Use Corner Lot

    This property, located in central Madras, is zoned C2 and offers many possibilities. It is conveniently situated across from a community park and two blocks from Main Street. The mixed-use zoning allows for a live/work opportunity. Located within the urban renewal district, the property has potential for renovation and restoration, subject to city approval. According to city discussions, the property may be converted into residential use, pending city codes and buyer confirmation. The building is 1,000 square feet and located on a corner lot with its own parking area. The lot size is 0.12 acres. The property is subject to a tenant lease with a 1-year term at $1,000 per month. The seller reserves the right to conduct a 1031 tax-deferred exchange at no cost to the buyer. The property is located at 15 NE 7th Street, Madras, OR 97741.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Madras
    County
    Jefferson
    State
    Oregon
    Longitude
    -121.127215
    Latitude
    44.636098

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    FAQs

    What type of property is this?
    Mixed-use property - C2-zoned mixed-use property with renovation potential in Madras, Oregon.
    Where is this mixed-use property located?
    The property is located at 15 NE 7Th St Madras, OR.
    What is the asking price?
    The asking price for this property is $235,000.
    What are key features of this property?
    This property features: - C2 zoning offers live/work opportunities and potential for residential conversion (buyer to confirm city codes).; - Convenient central Madras location across from a community park and two blocks from main street.; - Located in the urban renewal district, enhancing renovation/restoration opportunities.
    (541) 548-2400
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    15 NE 7Th St Madras, OR 97741
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15 NE 7Th St Madras, OR 97741
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