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    Madras, OR
    Apartment Building

    Madras, OR Apartment Buildings for Sale

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    6 properties
    Apartment Building with Fenced Yard
    Updated: Sep 15
    Apartment Building with Fenced Yard

    115 NE A St, Madras, OR 97741

    $1,190,000
    6,125 sqft 0.46 AC lot
    6,125‑square‑foot apartment building on 0.46 acres
    Built in 1961 with investor ownership and ongoing care
    Recently added mini‑split HVAC systems in all units
    Fully fenced grass backyard
    Adjacent to Sahalee Park with splash park, playground, pavilion, and picnic areas
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    Apartment Building with Ductless HVAC
    Updated: Sep 15
    Apartment Building with Ductless HVAC

    115 NE A Street, Madras, OR 97741

    $1,190,000
    6,125 sqft 0.46 AC lot
    6,125‑square‑foot apartment property on 0.46 acres
    Built in 1961
    Recently installed mini‑split HVAC in every unit
    Fenced grass backyard
    Adjacent to Sahalee Park, with splash park, playground, pavilion, and picnic areas
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    15-Unit Apartment Building
    15-Unit Apartment Building

    1535 SW HIGHWAY 97, Madras, OR 97741

    $1,555,000
    14,008 sqft 1.45 AC lot

    Fully leased apartment property with two-bedroom units, mini-split HVAC, and washer/dryer hookups.

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    See hot listings in Madras

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    15-Unit Apartment Building
    15-Unit Apartment Building

    1535 SW Highway 97, Madras, OR 97741

    $1,555,000
    14,408 sqft

    Fully leased complex with professional management, mini-split HVAC, and washer/dryer hookups in every unit.

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    15-Unit Apartment Building
    15-Unit Apartment Building

    1535 US-97, Madras, OR 97741

    $1,555,000
    14,008 sqft 1.45 AC lot

    Each residence has two bedrooms, one bathroom, ductless HVAC, and washer and dryer hookups.

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    Multifamily Investment Opportunity in Madras
    Multifamily Investment Opportunity in Madras

    165 SE Buff St, Madras, OR 97741

    Contact for pricing

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

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 Active listings in Madras, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Three-Story Mixed-Use Building
    Three-Story Mixed-Use Building

    615 SW Evergreen Avenue, Redmond, OR 97756

    $1,400,000
    7,500 sqft 0.06 AC lot

    Mixed-use property combines retail, commercial, and apartment space with elevator access.

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    Historic Three-Story Mixed-Use Building
    Historic Three-Story Mixed-Use Building

    621 SW Evergreen Avenue, Redmond, OR 97756

    $1,425,000
    7,500 sqft

    Built in 1919 and fully leased, this three-story property includes ground-floor retail, office/commercial space, and apartments.

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    Bend Multifamily Investment Opportunity
    Bend Multifamily Investment Opportunity

    2422-2444 NE Conners Ave, Bend, OR 97701

    Contact for pricing
    12,314 sqft

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

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    76-Unit Apartment Portfolio
    76-Unit Apartment Portfolio

    2031-2037 NE Holliday Ave, Bend, OR 97701

    Contact for pricing

    Two modern apartment communities offer one- and two-bedroom layouts with in-unit laundry and parking.

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    Madras, OR Apartment Buildings Market Trends and Statistics

    Explore 6 apartment buildings for sale in Madras, OR, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 54,674 square feet of properties for sale, with an estimated market value of $7,045,000.

    Sale prices for two-family homes in Madras, OR start at $1,190,000, averaging $1,409,000, and reaching up to $1,555,000 — 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 $1.4M

    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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