4-Unit Multifamily
For Sale
$500,000
316 SW 1st Street, Madras, OR 97741
Two buildings provide a mix of one- and two-bedroom rental units.
Property SizeContact for details
Days on Market9
Property Features for 316 SW 1st Street
General Information
Standard status
Active
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR, 2 x 1BR
Multifamily Units
4
Building Details
Year Built
1979
Buildings
2
Listing Agency:
Willow Canyon Group
Listed By:
Richard Allen · License #c7309
(541) 475-2220
Source:
Buyingbend
Added: Oct 7
Changed: Oct 11
Last Checked: Oct 12 at 5:12PM
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 Willow Canyon Group
Investment Insights
Based on property information with market context.
This multifamily property in Madras comprises two buildings with four units. One building contains three apartments: a two-bedroom unit and two one-bedroom units. The second building is a standalone two-bedroom residence.
Key Highlights
- Four rental units across two buildings
- Three‑unit building with one two‑bedroom apartment and two one‑bedroom apartments
- Separate building contains one two‑bedroom residence
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
567
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Two buildings provide a mix of one- and two-bedroom rental units.
Where is this multifamily property located?
The property is located at 316 SW 1st Street Madras, OR.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Four rental units across two buildings; Three‑unit building with one two‑bedroom apartment and two one‑bedroom apartments; Separate building contains one two‑bedroom residence
