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    Madras, OR Multifamily Properties for Sale

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    Metolius, OR Culver, OR Prineville, OR
    Madras Multifamily Investment Opportunity
    $1,150,000

    Madras Multifamily Investment Opportunity

    165 SE Buff St, Madras, OR 97741

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

    • Significant rent upside potential, approximately 20% below market.
    • Well‑maintained property with a diverse unit mix of one and two‑bedroom units.
    • Strategic location in a quiet residential neighborhood, close to amenities.
    • Comprehensive capital improvement program completed within the last five years including new signage and repaved parking.
    • Durable cinder block construction, private unit entry, and on‑site security cameras.
    Updated: Apr 3
    View details
    Multifamily Investment Opportunity in Madras
    $1,150,000

    Multifamily Investment Opportunity in Madras

    165 SE Buff St, Madras, OR 97741

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

    • Significant rental upside potential with current rents 20% below market.
    • Comprehensive capital improvement program completed within the last five years.
    • Well‑maintained property with a desirable unit mix.
    • Strategically located in a quiet residential neighborhood.
    • Units feature modernized floor plans, LVP flooring, updated cadet heating, and window‑mounted air conditioning.
    Updated: Mar 10
    View details
    Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 2 Active listings in Madras, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Well-Maintained Redmond Fourplex Opportunity
    $1,199,000
    4,848 SF

    Well-Maintained Redmond Fourplex Opportunity

    Fourplex in quiet neighborhood, close to amenities and well-maintained.

    2531 NW CEDAR Ave, Redmond, OR 97756
    View details
    Iconic Mixed-Use Building in Redmond
    $1,449,000
    7,500 SF

    Iconic Mixed-Use Building in Redmond

    Historic Redmond building with retail, office, and apartment units.

    615 SW Evergreen Avenue, Redmond, OR 97756
    View details
    Prineville Mobile Home Park Investment
    $1,350,000
    4.89 Acres

    Prineville Mobile Home Park Investment

    Income-producing mobile home park on 4.89 acres in Prineville.

    1900 NW Madras Highway, Prineville, OR 97754
    View details
    Prineville Duplex: Investment Opportunity
    $424,900
    2,012 SF

    Prineville Duplex: Investment Opportunity

    Newer duplex with open design, garages, and included appliances.

    937 NW CAINS Rd, Prineville, OR 97754
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Recreational Land in Juniper Hills
    $100,000
    2.54 Acres

    Recreational Land in Juniper Hills

    2.54-acre recreational lot with utilities and RV hookups.

    16556 SE Antelope Creek Drive, Prineville, OR 97754
    View details
    Recreational Land Near River, Bend
    $78,000
    0.57 Acres

    Recreational Land Near River, Bend

    0.57 acres near the river, ideal for recreation.

    16852 ELSINORE RD, Bend, OR 97707
    View details
    Residential Lot in Molalla, Oregon
    $105,000
    0.28 Acres

    Residential Lot in Molalla, Oregon

    12,000+ sqft lot in established subdivision, tenant-occupied.

    35556 S AQUA SPRINGS Rd, Molalla, OR 97038
    View details
    Development Land with Utilities & Views
    $2,200,000
    39.72 Acres

    Development Land with Utilities & Views

    39.72 acres in Wishram, WA with development potential.

    9257 STATE ROUTE 14, Wishram, WA 98673
    View details

    Off-Market Properties in Madras, OR

    Consider similar Off-Market properties in Madras, OR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1358 Meadowlark Ln
    MOBILE HOME PARK, TRAILER PARK
    2,576 SF Lot: 1.41 Acres
    Estimated value
    $650,000

    1358 Meadowlark Ln, Madras, OR 97741-9087

    View details
    23 Depot Rd
    MOBILE HOME PARK, TRAILER PARK
    1,107 SF Lot: 7.14 Acres
    Estimated value
    $3,500,000

    23 Depot Rd, Madras, OR 97741-9201

    View details
    200 D St
    MOBILE HOME PARK, TRAILER PARK
    38 SF Lot: 5.17 Acres
    Estimated value
    $2,550,000

    200 D St, Madras, OR 97741-1320

    View details
    450 Roosevelt St
    MOBILE HOME PARK, TRAILER PARK
    58 SF Lot: 11.98 Acres
    Estimated value
    $2,850,000

    450 Roosevelt St, Madras, OR 97741-1232

    View details
    1112 Hwy 97
    MOBILE HOME PARK, TRAILER PARK
    73 SF Lot: 7.13 Acres
    Estimated value
    $2,650,000

    1112 Hwy 97, Madras, OR 97741-9250

    View details
    126 B St
    MOBILE HOME PARK, TRAILER PARK
    45 SF Lot: 3.29 Acres
    Estimated value
    $1,300,000

    126 B St, Madras, OR 97741-1446

    View details
    159 Bard Ln
    MOBILE HOME PARK, TRAILER PARK
    10 SF Lot: 1.54 Acres
    Value Estimation by Request

    159 Bard Ln, Madras, OR 97741-9242

    View details
    7228 Hwy 26
    MOBILE HOME PARK, TRAILER PARK
    30 SF Lot: 3.72 Acres
    Value Estimation by Request

    7228 Hwy 26, Madras, OR 97741-9536

    View details
    808 Meadowlark Ln
    MOBILE HOME PARK, TRAILER PARK
    10 SF Lot: 8.88 Acres
    Value Estimation by Request

    808 Meadowlark Ln, Madras, OR 97741-9272

    View details
    345 C St
    MOBILE HOME PARK, TRAILER PARK
    18 SF Lot: 0.83 Acres
    Value Estimation by Request

    345 C St, Madras, OR 97741-1449

    View details

    Madras, OR Multifamily Properties Investment Opportunities Market Analysis

    Explore 12 multifamily properties for sale in Madras, OR on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $2,300,000.

    Sale prices for multifamily properties in Madras, OR start at $1,150,000, averaging $1,150,000, and reaching up to $1,150,000 — 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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    Top Commercial Asset Segments

    Apartment buildings 2

    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 median listing prices of real estate assets

    Neighborhood Average Price
    97741 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 1.96%
    Property Tax per SF $24.62 per sq ft
    Tax Rate vs County Average 0.10 pp above county avg
    Average Loan-to-Value 65.0%

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