Madras, OR
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    Madras, OR Residential Income Properties for Sale

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    Metolius, OR Culver, OR Terrebonne, 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
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    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
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    Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 2 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.

    Turnkey RV and Boat Storage
    $1,699,000
    3,200 SF

    Turnkey RV and Boat Storage

    RV/boat storage with residence, shop, and income stream.

    1584 N Gardner Road, Prineville, OR 97754
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    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
    Bend Multifamily Reposition Project
    $12,900,000

    Bend Multifamily Reposition Project

    81 high-end studios in northwest Bend, fully renovated.

    2320 NW Lakeside Pl, Bend, OR 97703
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    Bend Multifamily Reposition Project
    $12,900,000
    31,947 SF

    Bend Multifamily Reposition Project

    Recently renovated, high-demand studio apartments near downtown Bend.

    2320 NW Lakeside Pl, Bend, OR 97703
    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 Metolius, Oregon
    $2,700,000
    37.95 Acres

    Development Land in Metolius, Oregon

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

    9th Street, Metolius, OR 97741
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    Prineville Land on the Rim
    $180,000
    5.30 Acres

    Prineville Land on the Rim

    5.3 acre lot ready for your dream home!

    Pinecrest Drive, Prineville, OR 97754
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    Land in Pinecrest Ridge, Prineville
    $170,000
    5.30 Acres

    Land in Pinecrest Ridge, Prineville

    5.3-acre lot ready for your dream home!

    Pinecrest Drive, Prineville, OR 97754
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    Spacious Land in Prineville, OR
    $190,000
    9.30 Acres

    Spacious Land in Prineville, OR

    Large lots for custom homes with space for livestock.

    Pinecrest Drive, Prineville, OR 97754
    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

    1358 Meadowlark Ln

    MOBILE HOME PARK, TRAILER PARK • 2,576 SF
    Value Estimation
    $650,000
    1358 Meadowlark Ln, Madras, OR 97741-9087
    View details
    23 Depot Rd

    23 Depot Rd

    MOBILE HOME PARK, TRAILER PARK • 1,107 SF
    Value Estimation
    $3,500,000
    23 Depot Rd, Madras, OR 97741-9201
    View details
    200 D St

    200 D St

    MOBILE HOME PARK, TRAILER PARK • 38 SF
    Value Estimation
    $2,550,000
    200 D St, Madras, OR 97741-1320
    View details
    450 Roosevelt St

    450 Roosevelt St

    MOBILE HOME PARK, TRAILER PARK • 58 SF
    Value Estimation
    $2,850,000
    450 Roosevelt St, Madras, OR 97741-1232
    View details
    1112 Hwy 97

    1112 Hwy 97

    MOBILE HOME PARK, TRAILER PARK • 73 SF
    Value Estimation
    $2,650,000
    1112 Hwy 97, Madras, OR 97741-9250
    View details
    126 B St

    126 B St

    MOBILE HOME PARK, TRAILER PARK • 45 SF
    Value Estimation
    $1,300,000
    126 B St, Madras, OR 97741-1446
    View details
    159 Bard Ln

    159 Bard Ln

    MOBILE HOME PARK, TRAILER PARK • 10 SF
    Value Estimation by Request
    159 Bard Ln, Madras, OR 97741-9242
    View details
    7228 Hwy 26

    7228 Hwy 26

    MOBILE HOME PARK, TRAILER PARK • 30 SF
    Value Estimation by Request
    7228 Hwy 26, Madras, OR 97741-9536
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    Lee St

    Lee St

    Land • 19.54 Acres
    Value Estimation by Request
    0 Lee St, Madras, OR 97741
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    Madras OR B St

    Madras OR B St

    Land • 12.90 Acres
    Value Estimation by Request
    Madras OR B St, Madras, OR 97741
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    998 Brown Dr

    998 Brown Dr

    Land • 6.00 Acres
    Value Estimation by Request
    998 Brown Dr, Madras, OR 97741
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    2490 Deschutes Dr

    2490 Deschutes Dr

    Farms • 135.67 Acres
    Value Estimation by Request
    2490 Deschutes Dr, Madras, OR 97741
    View details
    808 Meadowlark Ln

    808 Meadowlark Ln

    MOBILE HOME PARK, TRAILER PARK • 10 SF
    Value Estimation by Request
    808 Meadowlark Ln, Madras, OR 97741-9272
    View details
    345 C St

    345 C St

    MOBILE HOME PARK, TRAILER PARK • 18 SF
    Value Estimation by Request
    345 C St, Madras, OR 97741-1449
    View details

    Madras, OR Residential Income Properties Investment Opportunities Market Analysis

    Explore 16 residential income 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 residential income 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
    Multifamily properties 2

    Demographics Overview

    Population 14K
    Population Growth (5Y) +11.4%
    Median Household Income $69,696
    College Educated 27.9%

    High-Yield Neighborhoods for Strategic 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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