NOT LISTED FOR SALE

286 SW C St Madras, OR 97741

Madras Area

Estimated Value: $394,000 - $643,561

8 Beds
4 Baths
3,696 Sq Ft
$146/Sq Ft Est. Value

Sale Details

Date Sold: July 28, 2022

Last sale price $645,000 $175 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $3,239 / mo

32 Days on Market

Highlights

  • 0.44 Acre Lot
  • Territorial View
  • Bathtub with Shower
  • Contemporary Architecture
  • No HOA
  • Security System Owned

About This Home

As of July 2022

Turnkey four Plex 100% leased, plus development potential!! Don't miss out on this investment opportunity with great income already in place and the potential to develop up to six more units, an investors dream property. Many recent updates including paint, laundry room on site coin-op, roof, appliances... All four units have two bed one bath excellent condition and well-maintained. Two units have private fenced yards. Three storage sheds on site. Long-term tenants, room for rent increases. Please do not disturb tenants, no interior showings before a mutually accepted offer. Call listing agent for more information.

Last Agent to Sell the Property

Corey Graves

Keller Williams Realty Central Oregon License #201207694 Listed on: 05/20/2022

Keller Williams Realty Central Oregon

Last Buyer's Agent

Corey Graves

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 19,166 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Level Lot

Property Views

  • Territorial
  • Neighborhood

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Vinyl Clad Windows

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Home Security

  • Security System Owned
  • Carbon Monoxide Detectors

Parking

  • Gravel Driveway
  • Parking Lot

Schools

  • Madras Elementary School
  • Jefferson County Middle School
  • Madras High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Zoned Heating

Additional Features

  • Shed
  • In Flood Plain

Listing and Financial Details

  • Exclusions: Tenants personal property
  • Assessor Parcel Number 9479

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Palmain Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Trails

Building Details

  • Gross Income $47,490
  • Net Operating Income $38,094

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0.44 Acres

Listing Details

  • Architectural Style: Contemporary
  • Unit Levels: Two
  • Lot Size Acres: 0.44
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Road Frontage Type: Private Access
  • Road Surface Type: Paved
  • Subdivision Name: Palmain
  • Year Built: 1979
  • Total Gross Income: 47490.0
  • Co List Office Phone: 541-585-3760
  • Outside Inclusions: Appliance per unit
  • MLS Status: Closed
  • General Property Information Audio Surveillance on Premises YN: No
  • Additional Features:Additional Features: Laundry Facility
  • Flood:Flood: Plain
  • Special Features: None

Interior Features

  • Appliances: Oven, Range, Refrigerator
  • Has Basement: None
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Shower/Tub Combo
  • Window Features: Vinyl Frames

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Type: Frame
  • Foundation Details: Stemwall
  • Lot Features: Level, Landscaped
  • Other Structures: Shed(s), Storage
  • Roof: Composition
  • View: Territorial, Neighborhood
  • Exclusions: Tenants personal property

Garage/Parking

  • Parking Features: Gravel, Parking Lot
  • Attached Garage: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Electric, Zoned
  • Security: Carbon Monoxide Detector(s), Security System Owned
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Trail(s)

Schools

  • Elementary School: Madras Elementary
  • High School: Madras High
  • Middle Or Junior School: Jefferson County Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 19166.4
  • Parcel #: 9479
  • ResoLotSizeUnits: Acres
  • Zoning Description: R2

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 38094.0
  • Annual Operating Expense: 8396.0

Tax Info

  • Tax Annual Amount: 59.77
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jul 25, 2022
Sold by
Bought by
Seller's Agent
Corey Graves
Keller Williams Realty Central Oregon
Buyer's Agent
Corey Graves
List Price
$799,000
Sold Price
$645,000
Premium/Discount to List
-$154,000
-19.27%
Current Estimated Value
$539,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$105,360
Avg. Annual Appreciation
-4.35%
Original Mortgage
$516,000
Outstanding Balance
$487,821
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$51,819

Purchase Details

Closed on
Jun 1, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 27, 2021
Closed on
Mar 1, 2021
Sold by
Bought by
Seller's Agent
Danny Zook
Central Oregon Real Estate Pro
Buyer's Agent
Bryan Messmer
Cascade Hasson SIR
List Price
$400,000
Sold Price
$396,000
Premium/Discount to List
-$4,000
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Madras, OR

  • Joanna Cooley Real Estate Agent - Cascade Hasson SIR

    Joanna Cooley

    Cascade Hasson SIR

    (541) 588-3836

    38 Total Sales

    2 in Madras

    $115K - $375K Price Range

    Joanna Cooley
     Section Image
  • Brady Velikonia Real Estate Agent - Keller Williams Realty Central Oregon

    Brady Velikonia

    Keller Williams Realty Central Oregon

    (530) 464-1573

    51 Total Sales

    3 in Madras

    $325K - $338K Price Range

    Brady Velikonia
     Section Image
  • Duane Myers Real Estate Agent - Real Broker

    Duane Myers

    Real Broker

    (541) 706-9483

    47 Total Sales

    1 in Madras

    $367,500 Price

    Duane Myers
     Section Image
  • Angela Boothroyd Real Estate Agent - Windermere Realty Trust

    Angela Boothroyd

    Windermere Realty Trust

    (541) 639-8507

    110 Total Sales

    1 in Madras

    $288,500 Price

    Angela Boothroyd
     Section Image
  • Kristin Prosser Real Estate Agent - Cascade Hasson SIR

    Kristin Prosser

    Cascade Hasson SIR

    (541) 550-1330

    109 Total Sales

    2 in Madras

    $304K - $469K Price Range

    Kristin Prosser
     Section Image
  • Hayden Smith Real Estate Agent - Windermere Realty Trust

    Hayden Smith

    Windermere Realty Trust

    (458) 202-8464

    63 Total Sales

    2 in Madras

    $303K - $625K Price Range

    Hayden Smith
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$645,000 None Listed On Document
-- First American Title
$396,000 Western Title & Escrow
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $516,000
Previous Owner $378,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2022 07/28/22 Sold $645,000 -12.7% $175 / Sq Ft
06/21/2022 06/21/22 Pending -- -- --
06/06/2022 06/06/22 Price Changed $739,000 -7.5% $200 / Sq Ft
05/20/2022 05/20/22 For Sale $799,000 +101.8% $216 / Sq Ft
03/01/2021 03/01/21 Sold $396,000 -1.0% $107 / Sq Ft View Prior Sale
02/02/2021 02/02/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $400,000 -- $108 / Sq Ft
Source: Oregon Datashare

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,281 $159,690
2024 $3,224 $155,040
2023 $3,020 $150,530 $0 $0
2022 $2,976 $146,150 $0 $0
2021 $2,849 $141,900 $0 $0
2020 $2,790 $137,770 $0 $0
2019 $2,691 $133,760 $0 $0
2018 $2,606 $129,870 $0 $0
2017 $2,510 $126,090 $0 $0
2016 $2,427 $122,420 $0 $0
2015 $2,321 $118,860 $0 $0
2014 $2,321 $115,400 $0 $0
2013 -- $112,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Corey Graves Real Estate Agent - Keller Williams Realty Central Oregon

    Seller's Agent in 2022

    Corey Graves

    Keller Williams Realty Central Oregon

    (541) 460-0925

    85 Total Sales

    Corey Graves
    Section Image

  • D

    Seller's Agent in 2021

    Danny Zook

    Central Oregon Real Estate Pro

    (541) 546-6382

    20 Total Sales

    Danny Zook
    Section Image

  • B

    Buyer's Agent in 2021

    Bryan Messmer

    Cascade Hasson SIR

See All Agents

Map

Source: Oregon Datashare

MLS Number: 220146025

Oregon Datashare

APN: 111311-AB-00105

Oregon Jefferson County Madras 97741

286 SW C St, Madras, OR

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Oregon Datashare © 2026 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed.

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