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Leased Triplex with Private Courtyard
For Sale
Contact for pricing
Pending

111 SE F St, Madras, OR 97741

Fully leased three-unit property with garages, fireplaces, patios, and in-unit stacking laundry equipment.

Property SizeContact for details
Days on Market142

Property Features for 111 SE F St

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Windermere/Central Oregon Real Estate
Listed By: Kariann Box · License #OR
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 10:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Windermere/Central Oregon Real Estate

Investment Insights

Based on property information with market context.

This triplex includes three two-bedroom residences with distinct layouts. One unit is two stories with 1.5 baths, while the two single-level units each provide 2 full baths. All residences feature tile entryways, gas fireplaces, covered patio or deck areas, and stacking washer/dryer setups. Each unit also has a single-car garage.

A shared courtyard offers a fully landscaped and private outdoor area. The property is located just blocks from Madras High School and near downtown. All three units are currently leased, providing an occupied multifamily configuration for an owner seeking an existing rental property.

Key Highlights

  • Three‑unit property with all units currently leased
  • One 2‑story unit with 2 bedrooms and 1.5 baths
  • Two single‑level units with 2 bedrooms and 2 full baths each

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store HVAC Service Carpet & Flooring Store Electrical Service Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

663
Businesses Nearby

Demographics for 97741, OR

13,753
Population
4,777
Households
2.9
Avg Household Size
39
Median Age
21%
College-Educated
86%
High-School Grad
363.9 sq mi
ZIP Area
38
Density / Sq Mi
$69,696
Median Household Income
$37,641
Median Earnings
$993
Median Rent
$308,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Fully leased three-unit property with garages, fireplaces, patios, and in-unit stacking laundry equipment.
Where is this triplex located?
The property is located at 111 SE F St Madras, OR.
What are key features of this property?
This property features: Three‑unit property with all units currently leased; One 2‑story unit with 2 bedrooms and 1.5 baths; Two single‑level units with 2 bedrooms and 2 full baths each
More about this property
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