Advertise
    Madras, OR
    Multifamily

    Madras, OR Multifamily Properties for Sale

    Notify Me
    List
    Map
    Metolius, OR Culver, OR Terrebonne, OR Ashwood, OR Prineville, OR Powell Butte, OR Redmond, OR
    6 properties
    15-Unit Apartment Building
    Updated: Aug 26
    15-Unit Apartment Building

    1535 SW HIGHWAY 97, Madras, OR 97741

    $1,555,000
    14,008 sqft 1.45 AC lot
    15‑unit apartment complex with 14,008 square feet
    Fully leased apartment property
    Each unit offers 2 bedrooms and 1 bath
    Mini‑split HVAC and washer/dryer hookups in each unit
    Located on 1.45 acres at 1535 SW Highway 97, Madras, OR 97741
    View details
    15-Unit Apartment Building
    Updated: Aug 21
    15-Unit Apartment Building

    1535 US-97, Madras, OR 97741

    $1,555,000
    14,008 sqft 1.45 AC lot
    15 fully leased apartment units
    14,008 square feet on 1.45 acres
    Each unit includes 2 bedrooms and 1 bathroom
    Ductless cooling and washer/dryer hookups in every unit
    MU - Mixed Use zoning at 1535 US‑97
    View details
    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.

    View details
    See what stands out in Jefferson County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Two-Story Duplex with Fenced Yard
    Two-Story Duplex with Fenced Yard

    1363 SW Marie St, Madras, OR 97741

    Contact for pricing
    2,868 sqft

    Income property with a fenced yard and water included in rent, near US Highway 97 access.

    View details
    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.

    View details
    Leased Triplex with Private Courtyard
    Leased Triplex with Private Courtyard

    111 SE F St, Madras, OR 97741

    Contact for pricing

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

    View details
    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 20 Potential Opportunities for your consideration. Besides 6 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

    Opportunities in Nearby Cities

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

    Craftsman Triplex with Mountain Views
    Craftsman Triplex with Mountain Views

    SW 6th Street, Metolius, OR 97741

    $984,900
    3,496 sqft 0.18 AC lot

    The three-unit property offers open kitchens, covered decks, fenced yards, and a mix of single- and double-car garages.

    View details
    Townhome-Style Quadplex
    Townhome-Style Quadplex

    2531 NW Cedar Ave, Redmond, OR 97756

    $1,149,000
    4,848 sqft

    Corner-lot fourplex with updated interiors, full appliances, and in-unit washers and dryers.

    View details
    Two-Unit Multifamily Property
    Two-Unit Multifamily Property

    4-5-0 Sw 6th Street, Metolius, OR 97741

    $649,900

    Open-plan residences feature quartz kitchens, covered decks, and Cascade Mountain views.

    View details
    Two-Bedroom Duplex with Central Cooling
    Two-Bedroom Duplex with Central Cooling

    1929 NW Elm Ave, Redmond, OR 97756

    $529,900

    Each residence offers an open layout, vaulted ceilings, and two full bathrooms.

    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

    1358 Meadowlark Ln, Madras, OR 97741-9087

    $650,000
    Estimated value
    2,576 sqft 1.41 AC lot
    View details
    23 Depot Rd
    MOBILE HOME PARK, TRAILER PARK

    23 Depot Rd, Madras, OR 97741-9201

    $3,500,000
    Estimated value
    1,107 sqft 7.14 AC lot
    View details
    200 D St
    MOBILE HOME PARK, TRAILER PARK

    200 D St, Madras, OR 97741-1320

    $2,575,000
    Estimated value
    38 sqft 5.17 AC lot
    View details
    450 Roosevelt St
    MOBILE HOME PARK, TRAILER PARK

    450 Roosevelt St, Madras, OR 97741-1232

    $3,175,000
    Estimated value
    58 sqft 11.98 AC lot
    View details
    1112 Hwy 97
    MOBILE HOME PARK, TRAILER PARK

    1112 Hwy 97, Madras, OR 97741-9250

    $2,955,000
    Estimated value
    73 sqft 7.13 AC lot
    View details
    126 B St
    MOBILE HOME PARK, TRAILER PARK

    126 B St, Madras, OR 97741-1446

    $1,450,000
    Estimated value
    45 sqft 3.29 AC lot
    View details
    159 Bard Ln
    MOBILE HOME PARK, TRAILER PARK

    159 Bard Ln, Madras, OR 97741-9242

    $440,000
    Estimated value
    10 sqft 1.54 AC lot
    View details
    7228 Hwy 26
    MOBILE HOME PARK, TRAILER PARK

    7228 Hwy 26, Madras, OR 97741-9536

    Value Estimation by Request
    30 sqft 3.72 AC lot
    View details
    808 Meadowlark Ln
    MOBILE HOME PARK, TRAILER PARK

    808 Meadowlark Ln, Madras, OR 97741-9272

    Value Estimation by Request
    10 sqft 8.88 AC lot
    View details
    345 C St
    MOBILE HOME PARK, TRAILER PARK

    345 C St, Madras, OR 97741-1449

    Value Estimation by Request
    18 sqft 0.83 AC lot
    View details

    Madras, OR Multifamily Properties Market Trends and Statistics

    Explore 16 multifamily properties for sale in Madras, OR, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 45,292 square feet of properties for sale, with an estimated market value of $4,665,000.

    Sale prices for multifamily properties in Madras, OR average $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.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 4
    Duplexes 1
    Triplexes 1

    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 $1.6M

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Jefferson County

    Retail

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Multifamily properties for Sale Near Madras, OR

    Popular Searches in Madras, OR

    Popular Categories

    Most Searched ZIP Codes in Madras, OR

    • 97741

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!