Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    397 SE 6Th St Madras, OR 97741

    New
    For Sale
    $349,000

    Ranch, Multi Family - Madras, OR

    Type:Multi Family
    Lot size:
    0.20 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 7 at 9:06 pm

    Property Features for 397 SE 6Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Active
    Zoning
    R1
    APN
    10126
    Parking features
    Driveway, On Street
    Interior features
    Ceiling Fan(s), Fiberglass Stall Shower, Kitchen Island, Laminate Counters, Linen Closet, Shower/Tub Combo, Walk-In Closet(s)
    Appliances
    Cooktop, Dishwasher, Refrigerator, Washer
    Lot size
    0.20 Acres

    Utilities

    Heating system
    Electric (Heating), Forced Air
    Cooling system
    None (Cooling)

    Building Details

    Year built
    1994
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Carpet, Laminate, Vinyl
    Building materials
    Frame
    Roof type
    Composition
    Architectural style
    Ranch

    Realty One Group Discovery (541) 645-0244 [email protected]

    Listing agent Wendi Ann Monroe (541) 646-0244 License #201226372

    Listing date Dec 4, 2025

    MLS# 220211481 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

    Detached Duplex with Income Potential

    This detached duplex in Madras, Oregon, presents a rare opportunity, featuring two separate manufactured homes on a single tax lot. The front home includes 3 bedrooms, 2 bathrooms, and approximately 1,782 square feet of living space, complemented by a detached garage. The back home, tan in color, offers 2 bedrooms plus an office/den, 2 bathrooms, and approximately 933 square feet. It also features a newer storage shed and newer interior finishes. Situated on a 0.2-acre lot, this property is zoned R1. The property's versatility makes it suitable for multi-generational living, rental income, or house-hacking, allowing owners to live in one unit and rent out the other, or add both to an investment portfolio. The property has strong income potential and flexible living options.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -121.128268
    Latitude
    44.63063

    Nearby Similar for Sale

    • $1,100,000
      2,996 SF

      Pivot-Irrigated Farm with Mountain Views

      35-acre farm with updated home and outbuildings near town.
      547 SW Bear Dr, Madras, OR 97741
      View Details
    • $2,500,000
      1.22 Acres

      Central Oregon Commercial Property For Sale

      Turn-key gas station, convenience store, and pub in Madras, OR.
      268 N 5Th St, Madras, OR 97741
      View Details
    • $1,890,000
      2,477 SF

      Productive Farm with Water Rights

      198-acre farm with water rights, updated home, and mountain views.
      1774 W Ashwood Ln, Madras, OR 97741
      View Details
    • $485,000
      Pending

      Madras Commercial Opportunity on Highway

      6,400 SF building on Hwy 97 with excellent visibility.
      520 S 5Th St, Madras, OR 97741
      View Details
    • New
      $5,200,000
      51,675 SF

      Turnkey Self-Storage Investment Opportunity

      3-acre self-storage facility with 290 units in Madras, Oregon.
      1456 SW Olive St, Madras, OR 97741
      View Details
    • $235,000
      0.12 Acres

      Madras Mixed-Use Corner Lot

      C2-zoned mixed-use property with renovation potential in Madras, Oregon.
      15 NE 7Th St, Madras, OR 97741
      View Details

    FAQs

    What type of property is this?
    Duplex - Unique duplex in Madras, OR, ideal for investment or living.
    Where is this duplex located?
    The property is located at 397 SE 6Th St Madras, OR.
    What is the asking price?
    The asking price for this property is $349,000.
    What are key features of this property?
    This property features: - Two separate homes on one tax lot: a 3 bed/2 bath (approx. 1,782 sq ft) and a 2 bed + office/2 bath (approx. 933 sq ft).; - Potential for multi-generational living or rental income.; - Seller financing available with large down payment, 6% interest, 15-year amortization.
    (541) 646-0244
    Request Owner's contact information
    397 SE 6Th St Madras, OR 97741
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    397 SE 6Th St
    Madras, OR 97741
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    397 SE 6Th St Madras, OR 97741
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.