Residential Income

Madras, OR Residential Income Properties for Sale

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Metolius, OR Culver, OR Terrebonne, OR Ashwood, OR Prineville, OR Redmond, OR Powell Butte, OR
Multifamily Investment Opportunity in Madras
Updated: Mar 10
Multifamily Investment Opportunity in Madras

165 SE Buff St, Madras, OR 97741

Contact for pricing
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.
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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 23 Potential Opportunities for your consideration. Besides 1 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.

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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.

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Live-Work Property with Leased Space
Live-Work Property with Leased Space

223 1st Street, Culver, OR 97734

$299,000
2,098 sqft 0.34 AC lot

Single-level home plus a newly remodeled, currently leased commercial building on a corner lot with paved parking and storage.

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Convenience Store and RV Park
Convenience Store and RV Park

6476 SW Frazier Dr, Culver, OR 97734

Contact for pricing

Cove Corner Store includes a fully rented 16-space RV park plus a boat maintenance and mechanic shop, home, fuel tanks, and equipment.

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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.

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Madras Homesite with Mountain Views
Madras Homesite with Mountain Views

Southeast Claremont Drive, Unit PARCEL 1401, Madras, OR 97741

$175,000
94,525 sqft 2.17 AC lot

2.17 acre R1 zoned homesite with Cascade Mountain views.

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Madras Buildable Parcel with Views
Madras Buildable Parcel with Views

Southeast Claremont Drive, Unit PARCEL 1404, Madras, OR 97741

$175,000
102,366 sqft 2.35 AC lot

2.35 acre buildable lot with Cascade Mountain views.

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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.

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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
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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
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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
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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
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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
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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
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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
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Lee St
Land

0 Lee St, Madras, OR 97741

Value Estimation by Request
19.54 AC lot
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Madras OR B St
Land

Madras OR B St, Madras, OR 97741

Value Estimation by Request
12.90 AC lot
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998 Brown Dr
Land

998 Brown Dr, Madras, OR 97741

Value Estimation by Request
6.00 AC lot
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2490 Deschutes Dr
Farms

2490 Deschutes Dr, Madras, OR 97741

Value Estimation by Request
135.67 AC lot
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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
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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
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Madras, OR Residential Income Properties Market Trends and Statistics

Explore 15 residential income properties for sale in Madras, OR on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 1
Multifamily properties 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 $1.5M

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)

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