NOT LISTED FOR SALE

339 SW H St Madras, OR 97741

-- Bed
-- Bath
16,256 Sq Ft
0.83 Acres

Last Sold April 30, 2020

Last sale price $890,000 $55 Per Sq Ft

5 Days on Market

Highlights

  • 0.83 Acre Lot
  • No HOA
  • Baseboard Heating
  • Traditional Architecture
  • Cooling System Mounted To A Wall/Window
  • Fenced

About This Home

As of April 2020

Opportunity Knocks! 16 unit complex nearly always full. 7% cap rate. Good management in place. All 2 bedroom 1.5 bath townhome units. Great Madras location. Good parking and two good points of ingress and egress. AC in all units.  100% occupied.

Last Agent to Sell the Property

Ron Ross

Compass Commercial Real Estate License #810304204 Listed on: 04/04/2020

Compass Commercial Real Estate

Co-Listed By

Terry ONeil

Compass Commercial Real Estate License #201103123

Last Buyer's Agent

Jerry Papenheim

Papenheim Properties License #201231397

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,170

Year Built

  • Built in 1976

Lot Details

  • 0.83 Acre Lot
  • Two or More Common Walls
  • Fenced

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Baseboard Heating
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 9781

Community Details

Overview

  • No Home Owners Association
  • 16 Units
  • Railroad Subdivision

Building Details

  • Net Operating Income $65,792

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,170

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Unit Levels: Two
  • Lot Size Acres: 0.83
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Multi Family
  • Road Surface Type: Paved
  • Subdivision Name: Railroad
  • Year Built: 1976
  • Co List Office Mls Id: ocCCRE
  • Co List Office Phone: 541-383-2444
  • Co List Office Phone: 541-383-2444
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Madras Elementary
  • General Property Information Middle Or Junior School: Jefferson County Middle
  • General Property Information High School: Madras High
  • General Property Information:Zoning2: R-2
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 0
  • General Property Information New Construction YN: No
  • Location Tax and Legal:Tax Block: 0
  • Architectural Style Traditional: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Slab: Yes
  • Common Walls 2 Common Walls: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Flooring: Carpet, Vinyl

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Type: Frame
  • Foundation Details: Slab
  • Lot Features: Fenced
  • Roof: Composition
  • Lot Features:Fenced: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Parking Features: Asphalt, Driveway, Other
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:Asphalt: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Baseboard, Electric, Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Electric2: Yes
  • Heating:Baseboard: Yes
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

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: 36154.8
  • Parcel #: 9781
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 16
  • Net Operating Income: 65792.0

Tax Info

  • Tax Annual Amount: 11170.0
  • Tax Block: 0
  • Tax Lot: 0
  • Tax Map Number: 111311DB
  • Tax Year: 2019

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2020 04/30/20 Sold $890,000 -5.3% $55 / Sq Ft
04/09/2020 04/09/20 Pending -- -- --
04/04/2020 04/04/20 For Sale $940,000 +39.3% $58 / Sq Ft
08/12/2016 08/12/16 Sold $675,000 -3.4% $43 / Sq Ft View Prior Sale
05/19/2016 05/19/16 Pending -- -- --
05/10/2016 05/10/16 For Sale $699,000 -- $45 / Sq Ft
Source: Oregon Datashare

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ron Ross

    Seller's Agent in 2020

    Ron Ross

    Compass Commercial Real Estate

    (541) 480-8884

    19 Total Sales

    Ron Ross
    Section Image
  • Terry ONeil

    Seller Co-Listing Agent in 2020

    Terry ONeil

    Compass Commercial Real Estate

    (541) 383-2444

    15 Total Sales

    Terry ONeil
    Section Image

  • J

    Buyer's Agent in 2020

    Jerry Papenheim

    Papenheim Properties

    (530) 351-5125

    12 Total Sales

    Jerry Papenheim
    Section Image

  • M

    Seller's Agent in 2016

    Mike Ahern

    Dick Dodson Realty

  • N

    Buyer's Agent in 2016

    Non Member

    No Office

See All Agents

Map

Source: Oregon Datashare

MLS Number: 202002920

Oregon Datashare

APN: 111311-DB-03901

Oregon Jefferson County Madras 97741

339 SW H St, Madras, OR

This home is located at 339 SW H St, Madras, OR 97741 since 04 April 2020. This property was built in 1976. 339 SW H St is a home located in Jefferson County with nearby schools including Madras High School and Madras Christian School.

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