Address
Not Disclosed, Madras, OR
Price
$ 2,750,000
Property Attributes
- MLS#220224049
- TypeMulti-Family
- Listing Status Active
- CountyJefferson
- CityMadras
- AreaNot Applicable
- NeighborhoodStrawberry Heights
- Zip97741
- StyleNorthwest
- Year Built2007
- Taxes$ 25287
- Price$ 2,750,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage17453
- Lot Size0.1 Acres
Data Source:
MLS of Central Oregon (MLSCO)
Property Description
Investment Opportunity! Thirteen townhomes in Madras offered together as a portfolio sale. All units are 100% occupied, bringing in $19,115 per month in rent with a consistent rental history. Each property has been professionally maintained and is located near schools, parks, and community amenities. This is an ideal option for investors seeking immediate income and long-term growth potential in Central Oregon. Units may also be purchased in groups of four, allowing flexibility for portfolio diversification or step-in expansion. Detailed rent rolls, leases, and expense information available upon request. A rare chance to secure multiple income-producing assets in one offering.
| Elementary School | Middle School | High School |
|---|---|---|
| Buff Elementary Elementary School | Jefferson County Middle Middle School | Madras High High School |
| Price History | |
|---|---|
| 6/25/2026 | Listed $2,750,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air,Natural Gas |
| Cooling | None |
| Roof | Composition |
| Appliances | Oven,Range |
| HOA Fee | 300 |
| Architectural Style | Northwest |
| Construction Materials | Frame |
| Year Built | 2007 |
| Levels | One,Two |
| Property Subtype | Multi Family |
| Tax Year | 2025 |
| Gross Income | 19115 |
| Additional Parcels Description | 111312CD11400 111312CD11300 111312CD11000 111312CD10900 111312CD10800 111312CD10700 111312CD12400 111312CD12300 111312CD12200 111312CD12100 111312CD11200 |
| Assoc Fee Paid Per | Annually |
| County | Jefferson |
| New Construction | false |
| Property Type | Residential Income |
| Association Amenities | Other |
| HOA | true |
| Attached Garage | true |
| Subdivision Name | Strawberry Heights |
| Status | Active |
| High School | Madras High |
| City | Madras |
| Zoning Description | R |
| Number Of Units Total | 12 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 4356 |
| Elementary School | Buff Elementary |
| Tax Annual Amount | 25287 |
| Middle/Junior High School | Jefferson County Middle |
| Additional Parcels Y/N | true |
| Structure Type | Townhouse |
| Standard Status | Active |
| Tax Lot | 111 |
| Sewer_co_Public_sp_Sewer | true |
| Utilities_co_Cable_sp_Available | true |
Interior Features
| Flooring | Carpet,Laminate |
|---|---|
| Common Walls | 1 Common Wall |
| Air Conditioning Y/N | false |
| Heating Y/N | true |
| Heating-Forced Air | true |
| Heating-Natural Gas | true |
Exterior Features
| Parking Features | Attached,Driveway |
|---|---|
| Lot Features | Level |
| Water Source | Public |
| Lot Size Area | 0.1 |
| Foundation Details | Stemwall |
| Building Area Total | 17453 |
| Lot Size Acres | 0.1 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 97741
Price
Taxes
Year Built
The content relating to real estate for sale on this website comes in part from the MLS of Central Oregon. Real estate listings held by Brokerages other than Mariposa Real Estate are marked with the Reciprocity/IDX logo, and detailed information about these properties includes the name of the listing Brokerage. © MLS of Central Oregon (MLSCO).
This content last updated on September 21, 2026 6:35 PM UTC Some properties which appear for sale on this website may subsequently have sold or may
