Advertise
    Madras, OR
    Residential Income

    Madras, OR Residential Income Properties for Sale

    Notify Me
    List
    Map
    Metolius, OR Culver, OR Terrebonne, OR Ashwood, OR Prineville, OR Redmond, OR Powell Butte, OR
    8 properties
    Sort:
    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
    View details
    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
    View details
    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.

    View details
    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
    Multifamily Property with Fenced Backyard
    Multifamily Property with Fenced Backyard

    115 NE A ST, Madras, OR 97741

    $1,190,000
    6,125 sqft

    Well-maintained multifamily asset with updated mini-split HVAC serving all units and direct access to outdoor space.

    View details
    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.

    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
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Duplex With Cascade Mountain Views
    Duplex With Cascade Mountain Views

    4-5-0 Sw 6th St, Madras, OR 97741

    $649,900

    Two-unit residential property with open living areas, quartz-finished kitchens, private outdoor space, and secured parking.

    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
    Based on your search, we've compiled 30 Potential Opportunities for your consideration. Besides 8 Active listings in Madras, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 14 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.

    New-Construction Duplex with Mountain Views
    New-Construction Duplex with Mountain Views

    SW 6th Street, Metolius, OR 97741

    $649,900
    2,266 sqft 0.18 AC lot

    Two residences offer open kitchens, ensuite owner suites, fenced outdoor space, and covered decks.

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

    1929 NW Elm Ave, Redmond, OR 97756

    $499,900

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

    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.

    Development Land in Madras, Oregon
    Development Land in Madras, Oregon

    NE A St TL 102, Madras, OR 97741

    Contact for pricing
    6.00 AC lot

    6-acre parcel with potential for 35 buildable lots.

    View details
    Madras Buildable Parcel with Views
    Madras Buildable Parcel with Views

    SE Claremont Drive, Parcel 1404, Madras, OR 97741

    $175,000
    2.35 AC lot

    2.35 acre buildable lot with Cascade Mountain views.

    View details
    Residential Lot with Cascade Views
    Residential Lot with Cascade Views

    1092 SE BLUEGRASS Ln, Madras, OR 97741

    $63,900
    0.16 AC lot

    Build-ready lot in Madras with mountain views and utilities.

    View details
    Development Land in Metolius, Oregon
    Development Land in Metolius, Oregon

    9th Street, Metolius, OR 97741

    $2,700,000
    37.95 AC lot

    37.95-acre development opportunity with preliminary plat approval for 120 homes.

    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

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

    23 Depot Rd, Madras, OR 97741-9201

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

    200 D St, Madras, OR 97741-1320

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

    450 Roosevelt St, Madras, OR 97741-1232

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

    1112 Hwy 97, Madras, OR 97741-9250

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

    126 B St, Madras, OR 97741-1446

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

    159 Bard Ln, Madras, OR 97741-9242

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

    7228 Hwy 26, Madras, OR 97741-9536

    Estimated value: 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

    Estimated value: 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

    Estimated value: by Request
    18 sqft 0.83 AC lot
    View details

    Madras, OR Residential Income Properties Market Trends and Statistics

    Explore 22 residential income properties for sale in Madras, OR, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 60,799 square feet of properties for sale, with an estimated market value of $8,884,900.

    Sale prices for residential income properties in Madras, OR start at $649,900, averaging $1,269,271, 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.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 8
    Apartment buildings 6
    Duplexes 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 $1.3M

    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)

    Need Help?

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

    Contact Us

    Popular Searches in Madras, OR

    Popular Categories

    Most Searched ZIP Codes in Madras, OR

    • 97741
    Why this one?
    Saved
    Reason not saved — we won't ask again

    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!